Google closed a $200 million investment in the Spinning Spur Wind Project, a 161 megawatt West Texas wind farm that will generate enough electricity to power 60,000 homes. Each of the farm’s…
China’s Hanergy Finalizes Purchase of MiaSole
Hanergy Holding Group, China’s largest clean energy company, finalized its purchase of MiaSole, the world’s largest thin film-PV company, in an agreement that gives it a 100 percent stake, the AP reported.…
Twitter Valued at $11B, Potential IPO in 2014
Twitter has been valued at $11 billion in a Greencrest Capital report, according to Forbes, which reported the company is eying a possible IPO as early as 2014. The publication credits recent…
Pearson Buys pays $89.5 million for 5% Stake in NOOK Media
Pearson, the British education publisher, purchased a 5 percent stake in NOOK Media, the Barnes & Noble subsidiary that’s behind the NOOK reader and its digital content store, for $89.5 million. “We…
The First Venture Fund for Quantum Physics is Raising $100M
by Anam Alpenia, Red Herring The textbook chapter for quantum physics reads like a Philip K. Dick novel. Yet it is gradually evolving from beyond science fiction to actually providing practical industry…
Costanoa Venture Capital Unveils $100M Fund for Cloud and Big Data
Costanoa Venture Capital, the latest engagement from storied Sutter Hill Ventures investor Greg Sands, announced its recently raised $100 million fund together with its first 10 investments. The fund will focus on…
Dafiti, Zappos Latin American Close Raises New $65M Round
For Dafiti, the investment bell has been ringing like a cash register lately. The Zappos-like clone for Brazil and Latin America landed $45 million as recently as August. This week, the company…
Asian Amazon Clone Lazada Raises $26M
Lazada, the Asian Amazon clone, has raised $26 million to expand its ecommerce services across the continent, the Next Web reported. The investment led by Summit Partners is just one of the…
American Innovation: Advancements affecting US Oil, Economy, Jobs and Investment Returns
by Igor Sill, Geneva Venture Partners Insights into the Mississippian Lime Opportunity The recent announcement from Paris-based International Energy Agency projects the US may become the world’s largest oil producer by around…
LightSail Lands $37.3M from Bill Gates, Peter Thiel for Clean Energy Storage
by Matt Gallagher, Red Herring journalist LightSail, an innovative Berkeley company that uses air compression, water droplets and some creative thermodynamics to store clean energy for the long term, has raised $37.3…