Omni Water Solutions Lands $7.9M Series A

Omni Water Solutions, an emerging technology company focused on delivering mobile water treatment platforms for water treatment and re-use, has secured $7.9 million in Series A financing. The round was led by Austin Ventures and also included family office investors connected to land, oil, and gas in the Eagle Ford Shale region of Texas. Pasadera Capital represented Omni in this transaction. Proceeds from the financing will support the company’s plans to build and deploy its HIPPO(TM) treatment units for oil and gas operations where water can be treated and re-used instead of lost to disposal.

How Important Are Industry Clusters To Startups?

If I suggested a way for your clean energy startup to set-up shop near a bunch of companies involved in things like renewable technology and the smartgrid, what would you say? If I sweetened the deal and told you the list of companies included a few of the Fortune 500 and a slew of established [...]

Latest ATI Graduates Show Incubator Has A Pulse On What’s Hot

Incubators are usually pretty adept at gauging which companies have upside. And while business moves fast, the coaching, mentoring and preparation that aids young startups has to  move faster. That’s where the network comes into play for Austin Technology Incubator (ATI). “We want to bring the genetics of ATI into the fold,” said ATI Director [...]

“Another Website Isn’t Going To Solve The World’s Problems”

That’s not a catchy headline. That’s what Ethernet inventor and current UT innovation czar Bob Metcalfe told me at a recent Dell Entrepreneur event. And if you caught Metcalfe’s keynote at this year’s Clean Energy Venture Summit, you know he’d likely tell you to invest in a handful companies in the so-called “enertech” sector. “I’m [...]

If You’re Not Excited About The Clean Energy Venture Summit, You Should Be.

Talk about timing. When a reminder about the upcoming Clean Energy Summit hit my inbox, I jumped at the chance to make the case for why Austin should be excited about this event. And while I’d be the first to advocate the benefits of a clean energy community, this isn’t a rah-rah session. Let’s look [...]

Firefly LED Technology in Lobby of Austin Energy

Firefly LED Lighting is pleased to announce the recent installation of its PAR 20 LED lamps in Austin Energy’s headquarters.  In just over two years since company inception, Firefly LED Lighting has brought its lighting products to market, delivering on the promise of using 90% less electricity than standard lighting products.  This green company is [...]

Nuventix Raises $10M from GE and Others

Nuventix, creator of an LED cooling technology for energy-efficient lighting, announced today that GE (NYSE: GE) has provided capital alongside other investors and recently entered into a license agreement to access Nuventix’s extensive patent portfolio. GE unit GE Energy Financial Services and The Bergquist Company joined existing investors Braemar Energy Ventures, CenterPoint Ventures, InterWest Partners [...]

Foursquare Mayorships Are So Yesterday. Who’s The Mayor Of Cleantech?

Image by George Dearing via Flickr   With dwindling resources and tight budgets, local governments might not be the first place to look if you’re a startup pitching clean technology. The data tells a different story, however. An April survey of almost 400 mayors in all 50 states, showed 75% of cities plan to increase [...]

SolarBridge raises $19M for Expansion

SolarBridge Technologies, an AC module system developer for the solar industry, on Monday announced the close of its $19 million Series C round of funding from existing investors Rho Ventures, Battery Ventures, and the Texas Emerging Technology Fund. This round brings the company’s total raised to $46 million. Originally founded in 2004 as SmartSpark Energy Systems to [...]

KLD Energy Technologies Receives $2.8M from ETF

KLD Energy Technologies Inc. (KLD), developers of clean energy technologies, was selected by the State of Texas to receive $2,800,000 in funding from the Texas Emerging Technology Fund (ETF). The company will leverage the funding to accelerate the commercialization of its high-performance electric drive system, execute its expansion strategy and introduce its products to new [...]