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Greener Capital Secures $30M For Second Fund

Greener Capital, the Berkeley, Calif. venture capital firm, reached  a first close on its second fund, securing commitments of $33 million from new and returning investors. Much like its inaugural fund, Greener Capital’s Greener Capital Partners II, will back innovative clean technology companies. …

OMERS’ VC Unit to Target Very Early Stage Greentech Opportunities

The Ontario Municipal Employees Retirement System’s (OMERS) newly-launched venture fund plans to invest in North American, pre-revenue, clean technology companies.

Major Pension Plan Launches In-House Venture Fund

The Ontario Municipal Employees Retirement System (OMERS) plans to start an in-house venture capital fund that could invest in cleantech opportunities. The new investment platform, dubbed OMERS Ventures, could invest C$180 million ($171 million) over the next three years, the Toronto-based pension plan …

Westly Out Raising Third Fund as Investors Shy Away From Sector

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Westly Out Raising Third Fund as Investors Shy Away From Sector

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Khosla Ventures Reportedly Closes Fourth Fund

Khosla Ventures, one of the leading cleantech investor, has closed a fourth fund, according to media reports. The California firm launched the capital raise last Spring, aiming to secure  $1 billion. Just two years ago Khosla secured more than $1 billion for a …

Lightspeeds Andrew Chung Joins Khosla Ventures

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Wave Power Developer OPT Gets $60M Funding for Australian Utility-Scale Power Project

Ocean Power Technologies (NASDAQ:OPTT / LSE:OPT), the Pennington, N.J., -based developer of wave powered technology, has received A$66.46 million ($60.65 million) grant from Australia’s Resources & Energy Ministry to finance construction of a 19 megawatts wave power project on the Indian Ocean. Once …

Cleantech Group Report: Investment Will Continue Regardless of Copenhagen Outcome

Legislative wrangling over cap and trade and a grim outlook for the Copenhagen climate talks got you down? Investors need not worry, says theCleantech Group in a new report (only for subscribers, unfortunately). “The most meaningful climate initiatives of late driving cleantech innovation …

EverGreen Solar Revenues Surge, but Still Reports a Loss

We’ll know more tomorrow morning, after EverGreen Solar’s conference call. Ahead of the call the Marlboro, Mass.-based maker of silicon wafers for solar panels, released its third quarter results. Net income for the quarter surged to $77.7 million from $22.06 million, registered over …