Propel fuels up with $21M for green gas stations

Alternative gas station company Propel Fuels has raised $21 million to build out its green gas stations throughout California and the west coast. The company is aiming for around 75 by the end of 2013, though it’s slower growth than the company had planned.

Cleantech: No Longer for Generalist VCs

Cleantech investing: it’s no longer for the everyday general venture capital firm. Mass High Tech digs into data about 10 venture firms that made five or more new cleantech deals between 2003 and 2008, and then completely pulled back from new cleantech investments after 2008.