Global Cleantech Investments Up 13 Percent, Asia Gets $879 Million

Venture capital and corporate investments in cleantech globally grew 13 per cent to $8.99 billion in 2011, reports Cleantech Group, a San Francisco-based research firm focused on cleantech innovation. The number of deals declined seven per cent to 713, compared to volumes in 2010. Asian companies raised $879 million across 71 disclosed deals and Chinese companies alone raised $534 million…

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D.Light founder-CEO Sam Goldman steps down

D.Light Design founding CEO Sam Goldman stepped down today to transition his role to board chairman Donn Tice. The company’s other founder Ned Tozun continues in his current role as president, retaining responsibility for developing new markets while Goldman will take on the role of chief customer officer said a press release. In a letter to employees, Goldman and Tozun…

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D.Light Design Wins Ashden Awards

[media-credit name="Snigdha Sengupta" align="alignnone" width="199"][/media-credit]D.Light Design, a startup which makes solar-powered LED lanterns for developing world consumers, has won the Ashden Awards for Sustainable Energy 2010. The Cayman Islands registered company won £40,000 as the Gold Award winner this year. D.Light’s lamps enable users to replace kerosene lamps that tend to be more expensive and hazardous to health. The company’s…

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Cleantech Summit in Hyderabad

TiE Hyderabad, with New Ventures India, Nexus Venture Partners and SONG Advisors, is organizing the biggest gathering of cleantech firms in India. Companies will get a chance to pitch to leading investors and network with peers. Details below: Biggest Gathering of CleanTech Companies in India Date: Thursday, December 17, 2009 Time: 9.oo am to 6.00 pm Venue: Marriot Convention Center,…

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Vinod Khosla on $1 Billion Venture Fund Raising Trail

Forbes reports that ace Silicon Valley venture capitalist Vinod Khosla is raising two new funds worth an aggregate $1 billion. One is a $250 million seed fund and the other, $750 million, is for later stage investments — read the report here. The report doesn’t say much about what exactly the two funds will invest in but, clean technology, which…

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Innoz, Husk Power Systems at DFJ-Cisco biz plan finals

Tomorrow are the global finals of the 2009 DFJ-Cisco Global Business Plan competition. One out of 16 finalists — list here — will take home $250,000 in seed funding as well as mentorship from DFJ and Cisco. Two Indian companies are among the 16 finalists — Husk Power Systems and Innoz Technologies. Husk Power Systems: This cleantech company, headquartered in…

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Cleantech VC deals double

Almost All Sectors Will See Revenue Stress; Sequoia Capital India (Mint) Cleantech VC Investments Double to Nearly $8 billion in 2008, But Could Drop in ’09 (Mercury News) Ashish Gupta of Helion on Processes, Execution and Organization Structure in Startups (Medianama) Dandelife’s Struggles Offer Lessons for Startups (ReadWriteWeb) Getting Attention (and Cash) From VCs and Angel Investors (Examiner)

Steve Jurvetson on cleantech

Which (VC) Investors to Avoid (The Venture Company) Steve Jurvetson on Focusing on Cleantech During the Slowdown (VentureBeat) The Outlook for Venture Capital (The New Entrepreneur) Venture Capital’s Favourite Startups (Businessweek Small Biz) Which States are Favoured by Entrepreneurs in India? (Dare Blog)

Green Money for the Third World

Venture capitalists invested $210 million in cleantech companies in India in 2007, up 58% from 2006, says Cleantech Group in a February press release. The organization, which has Vinod Khosla among others on board, thinks clean energy and water are key opportunity areas in India for investors. There’s been some activity in terms of raising India-specific funds for cleantech —…

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