A daily newsletter summarizing recent activity & interesting startups in the energy storage sector globally
RECENT NOTABLE ACTIVITY – ENERGY EFFICIENCY
- Enlighted, a IoT solutions for commercial buildings, secured $25M in Series D funding. Link
- enVerid, a HVAC systems company secured $9.6M from Leumi Partners. Link
- Genability announces a $3M investment from Wind Sail Capital Group. Link
- Nanoleaf, a company which develops smart energy-efficient light bulb, has received $2.9 million in funding from Sustainable Development Technology Canada. Link
- Next Step Living, a fast growing energy efficiency company has shut down after raising more than $70M from investors. Link
SOME INTERESTING STARTUPS FOUND
Cut Your Watts (2015, Glendale) – Smart meters and energy audit solutions to reduce energyconsumption.
Solenica (2014, San Diego, $120K) – Provides a day lighting system that will let the customer turn off the artificial lights.
LEADER BOARD – ENERGY EFFICIENCY
Products – Lighting
Lighting Science Group (2004, Melbourne, IPO) – Manufactures different shapes of LED bulbs and invented biologically corrected lighting. Backed by Riverwood Capital and Pegasus Capital. Went public in 2008.
Cree (1987, Durham, IPO) – Manufactures LED components, and semiconductor products for power and radio-frequency (RF) applications. Went Public in 1993.
Bridgelux (2002, Sunnyvale, $235M) – LED chip manufacturing company. Backed by El Dorado Ventures, VantagePoint Capital Partners, Craton Equity Partners and Passport Capital.
Products – Equipment
TAS Energy (1999, Houston, $62M) – TAS Energy manufactures energy efficient turbine air systems. Backed by KPCB and Element Partners.
Solutions – Building Energy Management
ecoVent (2012, Boston, $9M) – Smart, wireless, HVAC zoning system that allows room by room temperature control in the home. Backed by Emerson Climate Technologies and Tamarisc.
GreenerU (2009, Waltham, $5M) – Energy efficiency solutions to achieve cost savings and energyreduction goals. Backed by Casella Waste Systems.
Solutions – Building Energy Management – HVAC
Optimum Energy (2005, Seattle, $21M) – Provides data-driven cooling and heating optimization solutions for enterprise facilities.Backed by Columbia Pacific Advisors.
EnTouch Controls (2009, Richardson, $19M) – Provides Energy Management as a Service (EMaaS) solution. Backed by Trailblazer Capital, SJF Ventures and NRG Energy.
Solutions – Lighting
Enlighted (2009, Sunnyvale, $55M) – Provides network platform with wireless sensor to collect and analyze data to intelligently adapt the lighting level. Backed by Intel Capital, KPCB, RockPort Capital Partners.
Sensity Systems (2010, Sunnyvale, $43M) – Offers a high-speed, sensor-based, open networking platform to connect lighting systems for improving the experience. Backed by Mohr Davidow Ventures, Cisco Investments, Acuity Brands and Simon Venture Group.
Solutions – Construction
Serious Energy (2002, Sunnyvale, $135M) – Provides acoustical and thermal solutions that reduceenergy usage in buildings. Backed by Enertech Capital, Navitas Capital, Foundation Capital and VantagePoint Capital Partners.
Solutions – Thermostats
Nest Labs (2010, Palo Alto, $80M, Acq.) – Provides thermostats for monitoring home energyconsumption. Backed by KPCB, Google Ventures, Lightspeed Venture Partners and Shasta Ventures. Acquired by Google in 2014.
Solutions – Energy Audit
Next Step Living (2008, Boston, $59M) – Provides home energy assessment and energy efficient solutions. Backed by VantagePoint Capital Partners, Black Coral Capital, Braemer Energy Ventures.
Data Analytics
FirstFuel (2011, Lexington, $44M) – Offers building wide energy analytics that helps in managing energyconsumption. Backed by Battery Ventures, Nth Power and RockPort Capital Partners.
EcoFactor (2006, Redwood City, $24M) – Provides residential energy management solutions for heating, ventilation, and air conditioning. Backed by Aster Capital, RockPort Capital Partners and NRGEnergy.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest updates, visit Energy Efficiency feed.