Smart devices like the iPhone have become a part of our every day life that we can no longer live without. We take them with us everywhere we go, even to places where electronic device were not designed to be.
For a consumer product startup, getting into a big box retailer can be a blessing and a curse. Here’s what Rachio, the maker of a connected sprinkler, has learned about the process.
Aquamatix, a Structure: Europe LaunchPad company based in London, is trying to improve the world’s water networks with lots and lots of sensors. Fixing outdated infrastructure is expensive, but real-time data from deep inside can help target specific problems.
A team will first test the invention in Lahore, Pakistan, where it is estimated that more than 60 percent of the water is contaminated.
In the emerging vision for the smart city of tomorrow, we often hear about next gen smart grids, smarter buildings and smart transportation systems. But we hear much less about smart water systems and the need to develop more efficient approaches to water as a resource.
On Monday clean water startup NanoH20 announced that it’s closed $60 million in financing from chemical giant BASF, oil refiner Total, and Valley investors Khosla Ventures, Oak Investment Partners, and CalPERS Clean Energy & Technology Fund.
Using text messages or iPhone apps to manage physical devices isn’t all that uncommon — think Zipcar’s door unlocking app or Verizon’s new apps to remotely manage thermostats and lighting. But what about using a missed call to manage crucial resources?
Entrepreneurs and investors have long believed water tech represents the next big market. ET Water Systems hopes to ride this wave and announced Monday that it had raised $2 million for a new irrigation control and management technology.
French environmental giant Veolia has named the first five startup partners in its “innovation acceleration” program, ranging from wastewater recovery and environmental management to green transportation and city network modeling.
Munich Re Calls for Climate Action: German reinsurer Munich Re warned today that a lack of big earthquakes and hurricanes this year should not lead to complacency about climate change. — Financial Times
Concerns About Hong Kong Water Security: A series of droughts in China has raised concerns that Hong Kong’s water supply is threatened by climate change and pollution, has growing demand from surrounding industries, so it might not be as secure as first thought. — NYT’s Green Inc.
Senate Climate Fight: Tough as Healthcare Reform: Assembling a climate and energy package that can be shoehorned into the election-year calendar will be every bit as tough for Senate Democrats when they return in January as crafting the healthcare bill. — The Hill
Abengoa Considers Billion Euro Bond Sale: “Abengoa SA, Spain’s largest developer of solar-thermal power plants, is considering selling as much as 1 billion euros ($1.4 billion) of bonds to finance more installations and reduce its dependence on banks.” — Bloomberg via BusinessWeek
Pacific Lake Opens Eyes Fund for Young Entrepreneurs: Palo Alto, Calif.-based venture capital firm Pacific Lake Partners is looking to raise $35 million for a fund that will specifically target recent business school grads looking to buy and turn around other people’s startups. — VentureBeat’s GreenBeat