Using genetically modified organisms, LanzaTech is looking to turn the world’s industrial waste gases into fuels and chemicals.
Startup Redwood Systems, which makes networked LED management systems that run over ethernet cables, has been acquired for a modest sum, by broadband company CommScope.
A smart grid software startup raises $15 million from Japanese conglomerate Mitsui.
Quite a few greentech companies closed sizable funding rounds this week, and Battery Ventures is involved in three of them. Is cleantech support holding on in the venture world?
Yet another company using plants and biomass to replace petroleum products is looking to go public. On Monday morning, startup BioAmber announced that it has filed for an IPO that could raise up to $150 million.
In the cleantech and utility worlds, it’s called “the smart grid” and “energy efficiency.” In the broader tech realm, it’s called the “Internet of Things.” Let’s bring these two ideas together, because the Internet of Things will play a crucial role in making systems more efficient.
Mitsui sees the promise of networked, smart, LED lighting. This morning, Redwood Systems announced it has raised $3.5 million from Mitsui’s investment arm. Investment Partner Shin Kodera called the funding “a testament to the impact we believe Redwood’s technology will have on the global business landscape.”