BMG Seltec, Virgin Fuels, and other news
- Cleantech VC DFJ Element has funded a $6mm round of financing to BMG Seltec, a provider of technology-enabled services for the asphalt and concrete industry. From the press release, it appears that Element was the sole funder in the round.
- Richard Branson's Virgin Group has started a $400mm fund to invest in green fuels. And they've already spent a big chunk of it in the recent financing of Cilion, it turns out.