Perovskite Solar Cells On Glass: Another Reason Why Fossil Fuels Are Toast
New low cost, high efficiency perovskite solar cells are hitting the market, just in time to take advantage of tax credits in the Inflation Reduction Act.
khosla ventures
Sakti3 — Battery Startup — Aims To Hit $100 Per kWh
Honestly, this one wasn’t planned: last night, I wrote about a new study concluding that until EV battery costs get down to $100 per kWh, most US consumers would be better off going with an electric car with less than 100 miles of range rather than splurging for a long-range electric car. … [continued]
Grid-Scale Battery Storage Startup Gets $35 Million More In Funding
Ambri, a startup founded by MIT chemistry professor Dr. Donald Sadoway and David Bradwell, has received another $35 million in venture capital funding from KLP Enterprises, the family office of Karen Pritzker and Michael Vlock, and Building Insurance Bern, a Swiss insurance company, along with existing investors Khosla Ventures, Bill … [continued]
MIT’s Ambri Opens Factory
Ambri, a startup company which stemmed from MIT, has opened its liquid metal battery factory alongside the Massachusetts Governor Deval Patrick. At the moment, the company has a prototype with an energy storage capacity of 35 kWh and a peak wattage of 8.75 kW. It will only manufacture prototypes and … [continued]
Bill Gates & Khosla Ventures Invest $8 Million Into Varentec
Varentec is no household name, but the electric grid “power control solutions” provider announced yesterday that it had closed $ million in Series B funding from Bill Gates and Khosla Ventures (names that you probably do know). The $8 million is for “the production rollout of Varentec’s intelligent power monitoring, control, … [continued]
Solar Panel Manufacturer Stion Corp Receives $25 Million To Expand Production Ability
A major thin-film solar panel manufacturer, Stion Corp., recently announced that it had raised around $25 million to be used to increase the startup’s production level. The financing was led by Khosla Ventures and included nearly all of the company’s existing investors. “We may end up at the end … [continued]
Entire Cities Could Run on Compressed Air
The company LightSail Energy started out a few years ago with a student’s modest idea for a compressed air scooter, and now it has just raised $37.3 million in private funding to bring utility scale, compressed air energy storage to the market. That’s a big leap not only for the … [continued]
Liquid Metal Battery Company is Now “Ambri”
Molten salt sandwiched between two layers of liquid metal constitutes the inside of a new battery developed by Ambri, a company founded in Cambridge, and the evolving creation of MIT Professor Don Sadoway. The company and the battery is now backed by Bill Gates, who met Sadoway after he took an online class of his at … [continued]
Liquid Metal Battery Startup from MIT’s Don Sadoway Gets $15-Million Boost, Investments from Khosla Ventures,…
We’ve written about Don Sadoway’s liquid batteries, a potential breakthrough energy storage solution that could help make renewable energy explode even more than it already is, and shared a TED talk of Sadoway discussing the technology. The latest news in this story is that Sadoway’s team has received $15 million … [continued]
Cleantech Venture Investments Up 13% in 2011 — Solar the Leader
As emerging clean technology companies reach stages of growth that require enormous amounts of deployment capital, investment figures for 2011 reflect that market dynamic.
Last year, global corporate and venture capital investments in cleantech grew 13% over 2010, reaching almost $9 billion, according to preliminary figures released from the Cleantech Group. Most of those investments are going to companies that have already picked up one or more rounds of funding, with 85% of dollars flowing into Series B rounds or later.
The most stunning increase in activity last year was in mergers and acquisitions, which grew by 154% in 2011. Because it’s often more attractive for cleantech companies to merge with a mature corporate parent rather than go public, the amount of exits in M&A have shot up dramatically. […]
