Smart grid venture capital funding totalled $50 million in Q2 2013

Written By Unknown on Rabu, 24 Juli 2013 | 22.23

MUMBAI: Smart grid venture capital (VC) funding in the second quarter of 2013, totalled $50 million in ten deals, according to Mercom Capital Group, llc, a global clean energy communications and consulting firm. Except for one quarter, the third quarter of 2012, VC funding has been stuck in the $50-$70 million range with 9-12 deals for almost two years, said Mercom.

"Even though the number of deals were consistent compared to the last few quarters, this is one of the lowest funding quarters in the last four years," said Raj Prabhu, CEO of Mercom Capital Group.

The top 5 deals were led by Enlighted, which raised $20 million in a series c round. New investor RockPort Capital led the round and was joined by new investor DFJ JAIC. Existing investors Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson, and Intel Capital also participated in the round.

C3 Energy raised $15 million. Optimum Energy raised $12.2 million in a round led by new investor Navitas Capital (backed by a venture capital advisory relationship with Johnson Controls); the round also included existing investor Columbia Pacific Capital Management. Ecolibrium Energy, on the other hand, received $1.6 million from Infuse Ventures and International Finance Corporation. Rounding out the Top 5 was Integrated Energy Management Solutions, which raised $1 million.

Home and building automation companies totalled the most deals in the sector ($33 million in five deals), followed by grid optimization companies ($17 million in three deals) and advanced meter infrastructure (AMI) and security companies with one deal each.


Anda sedang membaca artikel tentang

Smart grid venture capital funding totalled $50 million in Q2 2013

Dengan url

http://cegahkeropostulang.blogspot.com/2013/07/smart-grid-venture-capital-funding.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Smart grid venture capital funding totalled $50 million in Q2 2013

namun jangan lupa untuk meletakkan link

Smart grid venture capital funding totalled $50 million in Q2 2013

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger