Greentech
Latest stories
Karma Automotive raises $100 million as it looks to resell
Karma Automotive has raised a $100 million lifeline from outside investors, as reported by Bloomberg, with the struggling electric vehicle maker’s fortunes likely buoyed by the current market optimism on other EV companies including Tesla. Karma is the reincarnated version of Fisker Automotive, which previously faced bankruptcy before being More
Sunrun’s $3.2 billion Vivint Solar bid challenges Tesla’s energy ambitions
Tesla’s 2014 acquisition of SolarCity turned the electric vehicle manufacturer into the undisputed largest player in residential solar, but that lead has steadily eroded as its major competitor, Sunrun, surged ahead with more aggressive plans. Now with the $3.2 billion acquisition of the residential solar installation company Vivint More
DroneBase nabs $7.5 million in a slight down round to
DroneBase, a Los Angeles-based provider of drone pilots for industrial services companies, has raised $7.5 million during the pandemic to double down on its work with renewable energy companies.While chief executive Dan Burton acknowledged that the company was fundraising prior to the pandemic, the industrial lockdown actually accelerated demand for More
Despite pandemic setbacks, the clean energy future is underway
Roger Duncan Contributor Roger Duncan is a former Research Fellow at the Energy Institute at the University of Texas at Austin and the former General Manager of Austin Energy. He is the co-author of the upcoming book, \"The Future of Buildings, Transportation and Power.\" The economic lockdown resulting from the coronavirus pandemic has More
European VC firm Pale Blue Dot plans to fund 40
Pale Blue Dot, a newly outed European venture capital firm focused on climate tech, announced this week the first closing of its debut fund at 53 million.Targeting pre-seed and seed stage startups, the firm says it will consider software and technology investments with a strong positive climate impact. Current areas More
Volkswagen launches home EV charging system sales ahead of ID.3
Volkswagen has started to sell a home-charging device as the automaker prepares to bring its new ID family of electric vehicles to market.The ID.3 is the first electric vehicle under the ID label and will only be sold in Europe. Customers who made reservations for the launch edition, known as More