Prism Solar, SensorLogic, Blacklight Power
- Prism Solar, which is developing solar concentrator technology, continues a drawn-out first round of funding with the announcement this week that a third investor, Rudd-Klein Alternative Energy Ventures, has signed onto the Series A round, contributing $500k.
- SensorLogic, which provides software solutions in the M2M communications space, added $4.67M to its own re-opened funding round (now totalling over $15M). The referencing article also has some interesting commentary on the M2M market.
- Blacklight Power, which has been getting some press lately, has apparently raised $50M. ...I'm not at all sure what to say about this, except to note that clean energy technologies continue to be hindered by the fact that the first question investors often have to ask themselves isn't "will the customers buy it" or "is it a compelling value proposition," but the even more basic "does it work?" Even if the answer is often "yes," it's one reason why it can be rewarding to focus on post-revenue investments in the space...
posted by Rob Day at 2:40 PM
3 Comments:
To Kiltie_nanaimo:
Without referencing one or more **MAN-MADE** laws of "science", I
suggest that you **PROVE** unequivocably, that "THE CLAIMED TECHNOLOGY DOES NOT EXIST AND 'CANNOT' EXIST."
If you are a scientist or engineer, you should know that **EVERY** law of science is subject to change when the physical evidence conflicts with that *alleged* - and I *mean* **ALLEGED** law.
Tom Fenton,
Manotick, ON.
There's LOTS more to this than just power. By questioning a few ASSUMPTIONS that physics made and making some different (and very possibly valid) ones, he's developed a whole new physics opposed to "quantum mechanics". Basically he says physics took a wrong turn back in the 1920's. There's actually a lot of evidence that he is RIGHT, and he's had a fair number of scientific articles published in peer-reviewed journals. His physics explains a lot of things that quantum mechanics didn't. It also allows for mathematical solutions for atoms and molecules -- something quantum mechanics never did.
There's more than just energy production possible here, too. The physics opens up new realms of chemistry, too. They're spinning off a company to develop and market software to model molecules, which Mills' physics can do and quantum mechanics never has been capable of.
Go to their web site, read the articles from the journals. Download his book and take a look at it. Very fascinating stuff.
Personally, I'd LOVE to own a piece of this company, but they inform me that they only accept investments from "accredited investors" -- very rich folks, that is. I'd like to see a way for regular folks to buy some of this company.
Mike Abernathy
Sacramento, CA
mike1005dontwantspam@surewest.net
You are so very right about "accredited investors", Mike. Those are the laws of the states or provinces where companies are based, or in which potential investors live. I once asked a company in which I was interested, whether I could form an inestment group with a bunch of small investors like myself (a few thousand bucks from each member). The answer was that under *law*, "accredited investors" are to be individual *persons*, not groups. Those laws stand even if we little guys are ready to sign a legal agreement that we would be prepared to regrettably lose our entire investment if problems occur with the company in which we'd be invested. I suppose the governments in question treat such investment as a form of gambling, where the investors may have families to support, and should not unwarrantedly risk losing monies which could go toward their families. As it happens, despite my fairly aggressive New Energy stance, I do have a very soft spot for families, which is a key reason why I'm so interested in getting energy more plentiful and costs down, as it used to be.
Hal Ade
Gatineau, QC.
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