Lighting deals and other news
- Group IV Semiconductor, which is developing quantum dot-based LEDs for efficient lighting, raised a Series B (note: link opens pdf) led by Garage Technology Ventures Canada, and including Applied Ventures and existing investors Khosla Ventures and BDC Venture Capital. The amount of the round was undisclosed, but VWire reports that the round was bigger than the C$9.1mm Series A the company raised in 2006.
- BridgeLux, another developer of LED technology, raised a $23mm Series C, according to VentureWire. Chrysalix led the round, and they were joined by VantagePoint, and existing investors DCM, El Dorado Ventures, and Harris & Harris Group.
- Clear Water Compliance Services, which sells systems for cleaning storm water runoff, announced a $25mm controlling investment by Plainfield Asset Management -- $5mm in equity and the rest in debt.
- Also according to VentureWire, Advanced Technology Ventures has closed on at least $272mm for their eighth fund. VWire didn't describe if that was a final closing amount.