Wednesday, July 27, 2005

Wednesday tidbits: Prism Solar, NCSRT, Mid-Atlantic Biodiesel, etc.

Some items of note from recent news:
  • Prism Solar has taken in $400K in seed stage funding from investors including Counter Point Ventures. More details on Prism Solar's founding and plans are available here. The company plans to start production in 2006, for their solar concentrator technology.
  • Vantage Point Venture Partners' New Energy Capital has led a $10M investment into Mid-Atlantic Biodiesel, as mentioned in today's PE Week Wire. Interesting blurb in the PEWW about cleantech interest in general, worth checking out. Greater Atlantic Bank is providing debt financing for the deal (more details available here for those interested). There is a lot of project finance activity in biodiesel these days, but (with some notable exceptions) less so in VC.


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