Tag: financing

Optimum Energy, developer of software that intelligently adjusts a building’s temperature in order to reduce energy consumption, raised $12.2 million from Navitas Capital and Columbia Pacific Capital Management.  The company is based in Seattle.  The company has been experiencing “torrid” growth. Source:  John Cook, Geekwire, June 7, 2013.

Learn more

Application Deadline is August 16, 2013 The National Renewable Energy Laboratory (NREL) is pleased to invite emerging clean energy startups from across the globe to apply to present their business opportunities at the 26th Industry Growth Forum.  To be held December 3-4. Apply by August 16, 2013 at the NREL Industry Growth Forum Website.

Learn more

Cleantech venture capital has become more difficult to raise.  Corporate capital is increasingly interested and active.  By Dana Hull, Mercury News. When the Menlo Park-based venture firm The Westly Group raised a $160 million cleantech fund earlier this spring, one thing stood out. Pension funds and university endowments, traditionally among the largest investors in cleantech […]

Learn more

Matrix Genetics has raised capital for its algae biofuel technology.  Deal terms were not disclosed but Avista is an investor. Read the full story at the source:  Luke Timmerman, Xconomy, May 16, 2013.

Learn more

Featuring Michael Butler (CEO, Cascadia Capital), Daniel Malarkey (Deputy Director, Washington State Department of Commerce), and Avi Jacobson, (Sustainable Energy Coordinator, Multifamily Housing and Community Facilities Division, Washington State Housing Finance Commission) | Sponsored by Kane Environmental Inc. | Apr 10 | 730-900 |  SOLD OUT!

Learn more

Teams from universities and colleges around the Northwest congregated at Seattle Center to pitch their innovations that addressed energy, urban agriculture, recycling, built environment, and water-related problems as part of Environmental Innovation Challenge.  $22,500 was awarded to five different teams. Taking the $10,000 first place was PolyDrop, which describes its effort as follows: The transportation […]

Learn more

John, who has been Deputy Director of the Pacific Northwest Cleantech Open for three years, has been named Regional Director for 2013.  John replaces Byron McCann.  John has been part of the PNW CTO leadership committee for all four of the organization’s prior years. “He’s an expert in the Cleantech Open,” says outgoing Regional Director […]

Learn more

Local non-profit entrepreneurial network TiE Seattle haslaunched an angel investment program to help facilitate entrepreneurs and startups with access to seed capital and mentorship.  The new venture is called TiE Angels Group Seattle (TAGS) and includes Charter Members of TiE Seattle. TAGS will provide early stage investment, support, and guidance opportunities to its members.  The […]

Learn more

Seattle startup Scope 5 raised $500,000 in angel financing to build its cloud-based service for tracking sustainability data. The Northwest Energy Angels a portion of the funding.  The Scope 5 service helps companies track programs to reduce energy use and cut costs. “Increasingly, companies are connecting the social value of emissions reductions with the business […]

Learn more

Seattle renewable energy equipment maker Hydrovolts, which was on the “cusp” of initial commercial sales of its small hydroelectric turbines, is evaluating its options after running out of capital. “The company does not have operating capital right now, and we’re looking at ways to restructure it and move forward,” Hydrovolts president and chief operating officer […]

Learn more