Solar startup Stion raises $25M, but cuts costs, workers

Amidst rampant solar manufacturing bankruptcies, thin film solar startup Stion has raised a $25 million equity round, of a planned $55 million round. At the same time the company is cutting costs and laid off a small amount of workers.

BMW backs electric car charging startup Coulomb

BMW’s venture fund, BMW i Ventures, has invested in electric car charging company Coulomb Technologies, according to a release. BMW launched its $100 million fund — its first to date — last year to focus on “mobility,” including mobile apps, in car services and auto navigation.

Cleantech VC funding drops by a quarter in Q2

Not a bigger shocker from the Cleantech Group this morning: the amount of venture capital funding that went into cleantech startups worldwide in the second quarter of 2012 dropped by 25 percent, in terms of total dollars spent, from the prior year second quarter.

mc10: Stretchy electronics for better devices

Electronics that can break out of their rigid boxes, and be embedded into stretchy, even wearable, materials — that’s the goal of startup mc10, which packages up semiconductors, like silicon, so they can bend, twist and wrap around other structures.

Waste-to-Fuel Startup Enerkem Raises $60M From Valero, Investors

Waste to fuel startup Enerkem already had trash king Waste Management on its side — now Enerkem has scored backing from oil refiner giant Valero. Enerkem announced it has raised $60 million from Valero, along with existing investors like Waste Management and Braemar Energy Ventures.