cleantech
cleantech insights

The Week in Cleantech – Feb. 18 – 24

TroyAult

LightSail Energy led headlines last week, raising an additional $5.5 million in the second closing of its $37.3 million Series D round. New investor Total, the French energy giant, joined existing investors Khosla Ventures, Innovacorp, Peter Thiel, and Bill Gates in the round. LightSail is a developer of compressed-air energy storage, or CAES, technology.

Elsewhere in Cleantech, recently IPO-ed downstream solar company SolarCity launched a new $65 million fund in partnership with Honda to finance rooftop solar installations for Honda and Acura drivers in SolarCity’s coverage area. Back in 2011, Ford and SunPower combined for a similar project fund.

In investor news, Silicon Valley venture capital firm Battery Ventures announced the close of two new funds, totaling $900 million. The firm indicated that its key investment focus in the coming years will be in SaaS/software for business users. Battery made nine Cleantech investments in 2012.

To dynamically track the activity of Cleantech companies and investors, consider subscribing to our i3 Platform today.

Finally, Cleantech Group Forum San Francisco is coming up soon (March 18-20), followed less than a month later by Cleantech Forum Europe in Bilbao (April 16-18). We would love to see you at one or both events. Register today!

To get this and other Cleantech Insights stories delivered weekly to your inbox, sign up for the Inside Cleantech Newsletter:

 

Share/Bookmark

You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or create a trackback from your own site.