Tag: energy efficiency
Light is the key to long-range, fully autonomous EVs
Nick Harris Contributor Nick Harris is a scientist, engineer, and the founder and CEO of Lightmatter, which manufactures photonic processors. Advanced driver assistance systems (ADAS) hold immense promise. At times, the headlines about the autonomous vehicle (AV) industry seem ominous, with a focus on accidents, regulation or company valuations that…
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To improve accountability, Norrsken VC ties partner compensation to its portfolio’s sustainable successes
With the close of its latest investment fund, Norrsken VC is is taking an unprecedented step in tying the compensation of its partners to the positive changes the firm’s portfolio companies have on the world — and not just their financial returns. The firm, which released its impact assessment for…
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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion
Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 billion? That’s how much Los Angeles-based ServiceTitan, a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving…
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Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states
Swell Energy, an installer and manager of residential renewable energy, energy efficiency and storage technologies, is raising $450 million to finance the construction of four virtual power plants representing a massive amount of energy storage capacity paired with solar power generation. It’s a sign of the distributed nature of renewable…
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Biden’s infrastructure plans could boost startups
As President-elect Joe Biden readies his transition team and sets the agenda for his first 100 days in office, startups can expect to see some movement on long-stalled infrastructure initiatives that could mean big boosts to their business. Infrastructure is high on the list of priorities of the incoming Biden…
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