Friday, March 24, 2006

WellDog, OrionSolar, Micro Power Electronics

  • WellDog, which has a number of technological solutions for natural gas extraction and carbon sequestration, announced a $6.5M Series D. The round included new investors Axiom Venture Partners, Kozel Energy and Yellowstone Energy Ventures, as well as existing investors EnerTech and Prospector Energy Capital.
  • Israeli solar startup OrionSolar, which is developing dye cell PV, took in $1M from 21Ventures. This builds upon approximately $800k in earlier funding from 21Ventures and Incentive, an Israeli incubator group. According to the article describing the transaction, OrionSolar is targeting solar cells with costs under $1 per peak watt.


Anonymous Anonymous said...

That Welldog article was pretty cool, of course I consider anything involving a laser interesting. Where oil will probably decrease production in the coming years it seems like natural gas is still pretty plentiful. The measuring tool seems to be good for everyone, since it may stop unnecessary drilling.

12:22 AM  

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