Lux Capital closes $245M third fund, remains committed to energy tech
Lux Capital has closed on its third fund, of $245 million, and remains committed to investing in energy technology, despite that many VCs have backed out of cleantech investing.
Lux Capital has closed on its third fund, of $245 million, and remains committed to investing in energy technology, despite that many VCs have backed out of cleantech investing.
Following its successful cleanup of contaminated water at the Fukushima reactors in Japan, venture-backed startup Kurion, which makes nuclear waste cleanup technology, is hoping to cleanup Hanford, a former nuclear weapons production site in Washington state.
Entrepreneur Russ Wilcox, who is the former CEO and co-founder of display-maker E Ink, has just joined next-gen nuclear startup Transatomic Power as its CEO. There’s only a handful of web and computing entrepreneurs that go nuclear.
Kurion, a startup that has developed technology that cleans up nuclear waste and is one of the most successful cleantech firms you haven’t heard of, has been acquiring more cleanup tech.
We’ve heard an awful lot about lean startups lately. Now it’s time to focus on Phat Startups — companies willing to take big risks to solve big problems — like clean energy and nuclear waste remediation, according to Jamie Goldstein, general partner at North Bridge Venture Partners.
Nuclear waste cleanup startup Kurion (which I once called the most successful greentech startup you haven’t heard of) says it’s responsible for removing 70 percent of the radioactivity from the waste water at the Fukushima nuclear plant after last year’s disaster.
In a year of struggling cleantech firms in 2011, I’ve been searching for untold stories of successful cleantech startups that have been flying under the radar. Here’s one that’s been at the top of my mind: nuclear waste cleanup startup Kurion, which cleaned house last year.
In June, a group of tech companies, including Silicon Valley startup Kurion, started cleaning the contaminated water at the nuclear power plants in Japan. Now Kurion says that the efforts are working and that cesium levels in the water have dropped by more than 40 percent.
A group of nuclear tech companies on Friday afternoon (Japan time) are poised to begin cleaning the contaminated water in the turbine buildings at the Fukushima nuclear power plants in Japan that suffered damage in the wake of the earthquake and tsunami.
Nuclear waste cleanup startup Kurion says it has shipped several hundred tons of its equipment that will be used to clean contaminated water at the Fukushima nuclear power plants in Japan that suffered damage in the wake of the earthquake and tsunami.