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Natel Energy Raises $20M in Series B Funding

Natel Energy Raises $20M in Series B Funding
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Natel Energy Announces $20M Series B to Further Deploy Modern, Renewable Hydropower

Natel Energy Announces $20M Series B to Further Deploy Modern, Renewable Hydropower
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United statesTamil naduBarbara burgerGia schneiderCarmichael robertsEnergy fundBreakthrough energy venturesNatel energyPacific northwest national labTechnology ventures at chevronBreakthrough energyChevron technology venturesChevron technologyRestoration hydro turbineMonroe hydro projectRestoration hydro

Geothermal has a growing role in clean energy – and startups are joining the chase

Geothermal has a growing role in clean energy – and startups are joining the chase
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New yorkUnited statesKathy hannunHathaway energyCollaborative fundDandelion energyCalpine corporationBreakthrough energy venturesLennar corporationChevron technology venturesEnel spaNew york basedUnreasonable fellowshipGround up venturesChevron technologyபுதியது யார்க்

CNBC and why there are signs that geothermal is taking off

CNBC and why there are signs that geothermal is taking off
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Mainspring Energy, a distributed power generation startup, gets Series D

On Tuesday, Mainspring Energy, an energy technology startup in the emerging field of onsite power generation, announced that it has received a Series D venture capital round of $95 million. The investment round was led by Devonshire Investors, the private equity firm affiliated with Fidelity Investments parent company FMR LLC, along with Princeville Capital, 40 North Ventures, and Chevron Technology Ventures. Existing investors Khosla Ventures, Bill Gates, ClearSky, AEP, KCK, and Equinor re-upped for the Series D. The new funds will be used to accelerate the rollout of Mainspring’s core product, the Mainspring Linear Generator, to a broader range of commercial, industrial, microgrid, and utility customers, by scaling its manufacturing operations, hiring more staff, and consolidating its position in the U.S. market. To date, the company has raised $228 million in venture capital.

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