Yesterday Google announced a cash purchase of home automation start-up Nest Labs for $3.2 billion; Google Ventures has been a major investor in the company, whose last funding round totaled $80 million (see LREBJ May 6, 2013). The acquisition represents a re-entry of sorts: Information technology...
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News Commentary | March 09, 2021
Schneider Electric invested alongside AES, which has been a partner and investor in the company since its inception, and Huck Capital. Previous majority stakeholder Rubicon Technology Partners will become a minority investor. Uplight has carefully put together different pieces of the customer ... Not part of subscription
News Commentary | November 19, 2021
Energy Impact Partners (EIP) has been actively investing in startups developing energy technologies, such as Powin Energy, GridX, and Innowatts. So far, EIP has managed $2 billion in assets and made more than 75 investments since 2015. Notably, this latest funding was raised from more than 30 ... Not part of subscription
News Commentary | March 10, 2022
Antora Energy has closed a USD 50 million Series A round co‑led by Breakthrough Energy Ventures and Lowercarbon Capital along with Shell, BHP Ventures, and others. Antora plans to use the funds to scale its high‑temperature TES system up to small commercial installations. As with other TES startups ... Not part of subscription