Today’s guest post is by Aruni Gunasegaram, who runs operations for the ATI, blogs at entrepreMusings, and is a serial entrepreneur. She received her MBA from the University of Texas, and previously had gone back to teach business and entrepreneurship at the McCombs School of Business. Her side gig is BabbleSoft, a company that offers web and wireless based solutions to new parents. The Austin Technology Incubator is 20 years old this year – 2009. [...]
Austin-based KLD Energy Technologies, Inc., developers of a high-performance electric motor system technology, announce the completion of a $1 million financing round from a private investment group. The company leveraged the Series A funding to further develop its high-frequency, low RPM, transmissionless motor system designed to increase the speed and efficiency of electric vehicles. “We’ve been working to produce a new type of motor system technology to increase the responsiveness, speed and functionality of electric [...]
If you’re an entrepreneur that is starting up a company in the clean energy space, or are evaluating that area, you should consider attending the Clean Energy Venture Summit. The event starts tomorrow, and is right here in your own backyard. You get the chance to attend a top notch conference with no hotel or travel expenses. This event brings together entrepreneurs, investors, and executives from the clean energy space. Let’s face it, the future [...]
Active Power, inventor and manufacturer of the most energy-efficient critical power systems in the world, today announced two new orders from its OEM partner Caterpillar. The first is a follow on order for ten 900 kVA UPS (uninterruptible power supply) systems. These systems are scheduled for delivery in first quarter 2009. The second order is for six 900 kVA systems with delivery scheduled for later this year. “We are pleased to see the continued market [...]
Site Controls, the leading provider of enterprise energy management, facilities intelligence and grid efficiency solutions, today announced the asset acquisition of Excel Energy Technologies, including its Ikanosphere™ energy management solution for retail chains. Site Controls currently operates at thousands of client locations, monitoring nearly 300,000 endpoints for leading retailers. Through its September 2007 joint venture with Ecolab, Site Controls is expanding its presence in the restaurant, fitness and hospitality markets. The acquisition of Excel Energy [...]
HelioVolt Corporation, a producer of highly-efficient thin film solar energy products, today announced that it has garnered an R&D 100 Award from Research & Development (R&D) Magazine for work performed in partnership with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). Known as the “Oscars of Invention,” the R&D 100 Awards celebrate the year’s most significant commercial innovations from around the world. HelioVolt and NREL received the award for demonstrating a simpler, faster [...]
You can add ActaCell to the growing list (2 so far!) of highly secretive battery technology companies in Austin. The company announced a $5.8M Series A financing today. ActaCell is creating some sort of new technology in the Lithium-Ion battery market, and has been in the Austin Technology Incubator (ATI) for several months now. It appears that the company is commercializing some technology created by Professor Arumugam Manthiram’s Material Science and Engineering lab at The [...]
Active Power today announced an order from a China utility, one of the largest subsidiaries of the China National Power Grid, for eight PowerHouse containerized continuous power systems. This announcement marks the second multi-system PowerHouse sale in as many weeks for Active Power. “The utility provides power to a region that hosts several important events annually where downtime is just not an option,” said Jim Murphy, vice president of Sales EMEA for Active Power. “With [...]
Molecular Imprints, Inc., Austin’s premier company in nanopatterning systems and solutions, has announced the successful completion of $12.9 million in financing. Investors in this round include Draper Fisher Jurvetson, Tokyo Electron Venture Capital, Wafra Investment Advisory Group, KT Venture Group, Alloy Ventures and Motorola Ventures. This latest investment brings the total amount raised by Molecular Imprints for the development and commercialization of its innovative Step and Flash Imprint Lithography (S-FIL(R)) technology to $91 million — [...]
Stacey Higginbotham is breaking the news over at GigaOM property Earth2Tech that Joel Serface, director of the Clean Energy Incubator, will be leaving to become an Entrepreneur in Residence at Kleiner Perkins Department of Energy Program, which is an effort to commercialize clean technology coming out of the national laboratories. Maybe he will favor us with a comment, and let us know if Kleiner is going to make him move to the valley. http://earth2tech.com/2008/05/14/austin-cleantech-guru-to-be-kleiner-eir/
