Extra Discount Available for “Corporate Cash for Cleantech” Event This Thursday in San Jose

An extra discount is available to the Environmental Business Cluster's (EBC) program Corporate Cash for Cleantech that will be taking place on September 29. An overview of this program is:

Join us for an industry panel event focused on large corporations looking to cleantech for new business opportunities. This interactive debate will feature corporate players that are getting into cleantech and will highlight companies receiving funding from investment arms, those directly investing in cleantech and the trends to look for in the future.

Invited panelists are:

  • Mike Brooks, Venture Executive, Chevron Technology Ventures
  • Dermott Mee, Vice President, EFT Energy
  • Dr. Cyril Vancura, Investment Director, Bosch Venture Capital
  • Tom Marchok, Director, Intel Capital
  • [Moderator] Jesse Jenkins, Director of Energy & Climate Policy, The Breakthrough Institute

This event will take place from 3:00 – 6:30 pm at the Environmental Business Cluster, 10 South 3rd Street, San Jose, CA 95113. Thanks to our friends at EBC, readers of Green VC can obtain an additional 25% discount from the standard partner price when registering in advance by following these steps:

Lab Space Available in San Jose for Cleantech Startups

a brief note for cleantech startups in the San Francisco Bay Area — for this first time in over a year, the San Jose BioCenter has lab space available for cleantech companies.  The BioCenter is a state-of-the-art facility with modular core labs and offices, common shared space and equipment, and an operations and business support team. The BioCenter is currently screening prospect tenants — if you'd like additional informatio please contact Erika Kula at erika [at] sjbiocenter.com.

Coulomb Technologies Raises $15 Million in Series C Funding

Coulomb Technologies Coulomb Technologies, a company that is developing an electric vehicle (EV) charging station infrastructure, announced earlier this month that it secured $15 million in Series C funding. Joining existing investors Rho Ventures, Voyager Capital, Siemens Venture Capital GmbH, and Hartford Ventures (a strategic investment division of The Hartford Financial Services Group) are new investors Harbor Pacific Capital, LS Cable Ltd., and LS Industrial Systems Co., Ltd.

Coulomb will use the funds to help accelerate product development of its ChargePoint Network, enhance customer support, and increase sales. The following video provides a demonstration of a ChargePoint Networked Charging Station and additional information on Coulomb's solutions:

“Coulomb sales have increased dramatically in 2010,” said Richard Lowenthal CEO of Coulomb Technologies. “This significant growth has given us an opportunity to further expand our operations and superior technology of the ChargePoint Network to meet the worldwide demand of networked infrastructure for electric vehicles. We are proud to welcome our new investors Harbor Pacific Capital and LS to our company. We are also pleased our existing investors Rho Ventures, Siemens Venture Capital, Voyager Capital and Hartford Ventures have furthered their investment in Coulomb.”

“Coulomb continues to make great strides as an emerging leader in the EV infrastructure space. They are quickly expanding their footprint and building a compelling, sustainable business,” said Mark Leschly, Managing Partner of Rho Ventures.

Coulomb Technologies' corporate headquarters are in Campbell, California and it has operations in India.

Solaria Raises $65 Million in Series D Financing

Solaria Solaria, a manufacturer of solar photovoltaic modules, announced earlier this month that it has concluded its Series D round of financing with a total amount raised of $65 million.  This figure was $20 million above the company’s original target and included a $10 million growth loan facility from Western Technologies Inc (WTI).

Adams Street Partners, Cycad Group, and WTI recently joined the Series D round, which was led by CMEA Capital and DBL Investors, following a May 2010 close that included Sigma Partners, NGEN Partners, Mitsui Ventures and Savitr Capital. enXco (an EDF Energies Nouvelles Company) also participated in the final close with a small investment.

Solaria will use the newly raised funds to increase availability of their solar modules, which are designed specifically for ground-mounted tracking systems. The company states that its proprietary manufacturing processes require only a fraction of the capital expenditure per watt of manufacturing capacity needed by standard industry processes. Solaria modules are available to customers in North America, Europe, and Asia.

“We’re accelerating production to meet strong demand for our new modules,” said Dan Shugar, CEO of Solaria. “We appreciate our customers and investors’ confidence in Solaria’s ability to deliver a reliable, cost effective product that advances the deployment of industrial and utility-scale solar power plants.”

“We are very pleased to make an investment in Solaria, as we believe they have developed a superior low concentration solar technology ideal for large solar tracking systems,” said Tom Berman, Partner, Adams Street Partners.

“Solaria’s technology promises an aggressive price/performance metric, focused on meeting increased demand from utilities, independent power producers, integrators, and other energy providers who are focused on affordably deploying solar power in the years ahead,” said David Kirkpatrick, vice president of solar development for enXco.

“WTI is pleased to continue its relationship with Solaria and to help them grow to the next phase. WTI is investing in Solaria because they’re gaining solid traction in the solar market, securing leading customers, and partnering with key players in the industry,” said Dan Holman, investment principal, WTI.

Solaria’s corporate headquarters are in Fremont, California and it has operations in Germany and India.  Some additional background on the company is available in the following presentation (in two parts) from Suvi Sharma, President of Solaria.

SDForum Presents “The Modern Green Supply Chain – Marrying Profitability and Sustainability” on May 6 (Discount Available)

SDForum On May 6, SDForum will present the next program in its Green and Clean Evening Series entitled The Modern Green Supply Chain – Marrying Profitability & Sustainability.  This program will feature the following panelists, who will discuss challenges and opportunities related to sustainable supply chains:

  • Judy Glazer, HP
  • Jamie O’Halloran, GXS
  • Andrew Williamson, Physic Ventures
  • Mitch Zuklie, Orrick (moderator)

This program will be held from 6:00 pm - 9:00 pm at Orrick, 1000 Marsh Road, Menlo Park, CA 94025.  Thanks to our friends at SDForum, readers of Green VC can receive a $5 discount from the non-member registration price for this event.  To receive the discount, please use code "GREEN05" when registering online.  For more information:

SDForum to Present “The State of Clean Energy: Global Challenges and Opportunities” on January 12, 2010 (Discount Available)

SDForumOn January 12, 2010, SDForum will present their third annual State of Clean Energy event. Program highlights include the following keynotes and panel sessions:

Opening Keynote
Commissioner Dian Grueneich, California Public Utilities Commission

The Greening of Corporations
– Scott C. Bolick, SAP
– Lynelle Cameron, Autodesk
– Mukesh Khattar, Oracle
– Bruce Klafter, Applied Materials
– Rich Lechner, IBM
– Pam Price, HP

The Role of Public Policy and Research in Private Innovation
– Patrick Bray, PacificVision Partners, Osaka City Investment Advisor
– Hal LaFlash, PG&E
– Marc LePage, Embassy of Canada
– Dean Arthur Ramirez, UCSC School of Engineering

Afternooon Keynote
Sally M. Benson, Stanford University

Leaders in Innovation: Global Success Stories in Clean Energy
– Gregg Dixon, EnerNoc
– Arno Harris, Recurrent Energy

Early Stage Investors: What Does This Mean for Entrepreneurs?
– Dan Lankford, Wavepoint Ventures
– Bruce Pasternack, CMEA Capital
– Dylan Steeg, Intel Capital
– Robert Walker, Sierra Ventures
– Moderated by: Camille Ricketts, VentureBeat 

Financing the Next Level: Global Investment Climate
– Tim Carey, PricewaterhouseCoopers
– Larry Kellerman, Goldman Sachs
– Randy Lewis, Wilson Sonsini Goodrich & Rosati 

The program will take place from 8:30 am – 5:00 pm at AMD Commons Auditorium, One AMD Place, Sunnyvale, CA, 94085. Thanks to our friends at SDForum, readers of Green VC can receive a $10 discount from the non-member registration price for this event.  To receive the discount, please use code "ENERGY" when registering online.  For more information:

SDForum to Present “Consumer Clean Tech Trends” on December 15 (Discount Available)


Note: This event has been rescheduled for February 4, 2010.

On December 15, SDForum will present the next program in its Green and Clean Evening Series entitled Consumer Clean Tech Trends This program will feature the following panelists, who will discuss forecasted consumer technology trends and where money should be invested and the types of companies that will emerge in the coming years.

  • Sara Batterby, Akel Ventures
  • Pete Davies, TerraPass
  • Tod Francis, Shasta Ventures
  • Jan Pepper, Alameda Municipal Power
  • Scott Potter, San Francisco Equity Partners
  • Mitch Zuklie, Orrick (moderator)

This program will be held from 6:00 pm - 9:00 pm at Orrick, 1000 Marsh Road, Menlo Park, CA 94025.  Thanks to our friends at SDForum, readers of Green VC can receive a $5 discount from the non-member registration price for this event.  To receive the discount, please use code "GREEN05" when registering online.  For more information:

Environmental Business Cluster Presents “Creative Financing in Cleantech” on December 10 (Discount Available)

On December 10, the Environmental Business Cluster (EBC) will present a program entitled Creative Financing in Cleantech that will feature the following panelists, who will share their insights on a variety of financing avenues for clean technology enterprises, including utilities, government agencies, angels, and venture capital firms:

  • David A. Berokoff – Manager of Technology Development , Sempra Energy Utilities (SEU)
  • Brian Sager – Co-Founder; Vice President of Corporate Development, Nanosolar
  • Andrew Willamson, PhD - Director, Physic Ventures
  • Norman Bourassa – Buildings End-Use Energy Efficiency Program, California Energy Commission
  • Matt Coldwell – Program Manager Small Grants Program, California Energy Commission
  • Eric Wesoff - Senior Analyst, Greentech Media (moderator)

This program will be held from 3:00 - 7:00 pm at Fenwick & West, 801 California Street, Mountain View, CA 94041 (directions).  Thanks to our friends at EBC, readers of Green VC can obtain discounted tickets when registering in advance by following these steps:

  • Go to the online event registration page
  • Select your tickets from the "Partners' Network Pre-registration" section of the page
  • Enter "Green VC" [without the quotes] in the portion of the page where "Please indicate your partner affiliation" is indicated.

For more information:

VentureBeat Presents Smart Grid Conference GreenBeat 2009 on November 18 – 19 (Discount Available)

GreenBeat 2009: Smart Grid Conference

VentureBeat will present GreenBeart 2009, its Smart Grid conference, in San Mateo, California on November 18 and 19. This conference will bring together leaders in the smart grid community to explore next steps in moving towards a cleaner, more efficient electrical grid. Keynote presentations will be given by:

  • Al Gore – Former Vice President and Nobel Prize Winner
  • John Doerr – Partner, Kleiner Perkins Caufield & Byers (KPCB)
  • Laura Ipsen – Senior Vice President and General Manager - Smart Grid, Cisco Systems

GreenBeat 2009 also features an Innovation Competition that will highlight companies in the smart grid sector with cutting-edge business models and technologies.  The application deadline for this competition is October 30.

Thanks to our friends at VentureBeat, readers of Green VC can receive a 20% discount off the GreenBeat 2009 standard registration price.  To receive this discount please use code "GREENVC09" [without the quotes] when registering online. For more information:

Serious Materials Closes $60 Million Round of Series C Financing

Serious Materials

Serious Materials, a Sunnyvale, California-based developer and manufacturer of energy-saving building materials, announced earlier this week that it closed $60 million in Series C financing. The round was led by Mesirow Financial and included other new investors Enertech Capital, Cheyenne Partners, and Saints Capital. Previous investors including New Enterprise Associates (NEA), Foundation Capital, Rustic Canyon Partners, Navitas Capital, and Staenberg also participated in this funding round. The company stated that the funds will be used to accelerate the company's growth and product development. The company also announced that Tom Galuhn of Mesirow Financial has joined the Serious Materials Board of Directors.

"With a strong management team, vision, and industry-changing technology, Serious Materials is uniquely positioned to drive substantial growth and have a meaningful and positive impact on the environment," said Tom Galuhn, Senior Managing Director for Mesirow Financial Private Equity. "We’re pleased to be in a position to help fuel the next stage of Serious Materials’ growth."

"We are on an important mission to help dramatically save energy, reduce CO2 emissions and stabilize the climate,” said Kevin Surace, CEO, Serious Materials. “Dramatic and disruptive innovation must happen now and on a broad scale. Windows offer the largest opportunity for improvement – fastest payback and highest energy savings. If all buildings in America were to use super-insulating full-frame high R-value windows of R-5.0 or more, versus standard single or dual pane windows, CO2 emissions would be reduced by some 200 million metric tons annually."

With this round, Serious Materials has raised a total of more than $120 million in capital.