Enevo’s services, which involve putting sensors into trash bins to optimize collection times and routes, provide a useful reminder of the potential of the internet of things.
City waste is an emerging source of clean power in India. Next month a company called Ramky Enviro Engineers plans to conduct a $200 million IPO and will use the funds to build a power plant that uses municipal waste as fuel.
Finding new and profitable ways to recycle the trash it collects has guided the investment strategy of Waste Management, which recently put money into a startup that can turn some of the garbage into sugars for making plastic and other products.
Waste to fuel startup Enerkem has withdrawn its IPO plans citing — what else — poor market conditions. The move is the third greentech IPO hopeful to cancel public market plans this month.
Vimeo has joined forces with General Electric(s GE) and video publisher Cinelan to launch “Focus Forward” — a micro documentary series that aims to showcase big, world-changing technology innovations in a compelling way. All the videos will be three minutes long and posted online.
Green chemical developer Genomatica has filed for an initial public offering to seek up to $100 million, according to its government filing on Wednesday. The company engineers processes to create chemical from renewable sources for making a variety of products, from clothing to auto parts.
Four-year-old OPX Biotechnologies, which uses genomics to make biofuel production more efficient and economic, is in the process of raising a $45 million round, and has closed on $37 million of that funding, according to a filing.
We like trash technology — tech that can turn trash into something useful — and clearly garbage giant Waste Management does, too. The serial corporate investor just added another one to its portfolio: Agnion Energy out of Germany.
Trash king Waste Management has joined a $22 million investment in startup Agilyx, which has technology to turn plastic otherwise headed for the landfill into a synthetic crude oil. The garbage and recycling company has one of the more interesting investing strategies out there.
Recycling is a tried-and-true form of energy efficiency, so it’s no surprise greentech investors such as Al Gore would find the concept appealing. For Harvest Power, that means a $51.7 million round to build facilities to turn organic waste into fertilizer and energy.