VC-backed Bloom Energy Quadrupling Size of Manufacturing

Bloom Energy, a clean tech start-up backed by more than $400 million in venture capital, is quadrupling the size of its Silicon Valley manufacturing operations, Reuters reported. The expansion will create 1,000 new jobs, the company said. Bloom Energy makes fuel cell boxes that can power buildings. Launched last February, the boxes convert air and a fuel such as natural gas into electricity through an electrochemical process. Bloom Energy is backed by investors including Kleiner Perkins Caufield & Byers, Morgan Stanley, NEA, and Northgate Capital.

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