Monday, July 11, 2005

Monday morning updates

Some news items of interest this morning:

  • ZipCar announced they have raised $10M to expand their operations out to the West Coast. The car-share company is projecting $15M in revenues this year, and raised this most recent round from Benchmark Capital (prior funding came largely from angels).
  • Speaking of Benchmark, their early investment in Nanosolar is cited in this interesting article on nanotech and solar (something we've written about before). Today's amazing stat: The photovoltaic industry grew 54% last year, according to Strategies Unlimited.
  • Cool Clean announced that they raised $3.5M in equity funding from strategic partner Air Water (will provide a link to the announcement when available). The raise reportedly happened a while back, but the announcement came today.


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