Illinois Supports Energy Startups WIth Venture Capital
The state wants to support cleantech entrepreneurs, especially those that can play a role in its smart-grid rollout.
The state wants to support cleantech entrepreneurs, especially those that can play a role in its smart-grid rollout.
In a slow funding climate, biofuels and green chemicals led on investments.
Since 2008, the company has retrofited 25,000 homes and does 1600 energy audits a month.
The company's megawatt-scale energy storage products are based on compressed air, enabling distributed renewable energy to be cheaper than centralized fossil fuels.
Investments in solar, transportation and energy efficiency continue to lead.
Solexel using silicon gas to make extremely thin solar cells, SolFocus for concentrating PV and Sopogy for micro-scale concentrating solar.
Its 15th fund will invest in cleantech, but the focus will be on digital experience.
It could be a boon for local renewable energy projects in addition to raising money for start-ups.
Angel investing rose on all counts in 2011, from the number of people investing to the deal size.
SJF invests in efficiency & infrastructure, reuse & recycling, sustainable agriculture & food safety, and technology enhanced services.