Last week saw a few interesting deals in cleantech venture investment, as well as several acquisitions and partnerships.
Silver Spring Networks, the California-based smart grid company sitting on a much-anticipated IPO, announced a planned $12 million private placement with existing investor Foundation Capital. The deal strengthens the likelihood of a successful IPO by signaling Foundation’s commitment to Silver Spring.
Elsewhere in venture investment, Helsinki, Finland based Zen Robotics raised $17 million in growth equity from Invus Group and Lifeline Ventures. ZenRobotics has developed a robotic waste sorting system that is able to increase the amount of material that can be reclaimed for recycling from a mixed waste stream of commercial and industrial waste, municipal solid waste and construction waste. The investment is intended to enable the company’s international expansion, according to the company.
Houston, TX based R360 Environmental Solutions, a provider of oilfield waste recycling and management services, was acquired by Waste Connections for $1.3 billion. The deal provides Waste Connections with access to several natural resource-producing basins in the United States.
Alachua, FL based Pasteuria Bioscience, a developer of an in virto production process for growing a parasitic soil microbe to safely kill nematodes …






