Wednesday, August 15, 2007

Jadoo, SunEthanol, Verdant, Rive, and the Top Young Innovator

  • According to PE Week Wire, Cambridge's Rive Technology has topped off their Series A with $3.15mm from Advanced Technology Ventures. The company had previously raised $5.22mm in the round back in June of last year, with financing from Charles River Ventures and seed funders. The company's advanced catalyst technology is used in petrochem refining.
Other news and notes: The potential and the challenges of selling to the "bottom half of the pyramid"... An update on thin-film... Finally, one for the record books -- the first known traffic ticket handed out by a police officer driving a fuel cell car has been issued. Book 'em, Sgt. Smith!


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