Cleantech Leads Khosla Ventures’ Capital Commitments

Cleantech Leads Khosla Ventures’ Capital Commitments

Despite the lean times and bad press that the cleantech industry has faced, Khosla Ventures has remained consistent in its investment thesis around the promise of renewable energy and energy-efficiency technologies.

It is by far the sector that has raised the most money in the Khosla portfolio, according to data from CrunchBase.

The firm’s interests span everything from energy storage, to efficient building materials, to new emissions reductions technologies.

“There are two categories within cleantech that are seeing some good attention,” says Chung. “Companies in the battery industry are still seeing some good attention… and another area we see a lot of excitement around — because the cost curves are moving in the right direction — is in the lighting space and the energy efficiency space.”

Indeed, Khosla Ventures’ investment in View Inc. was able to raise $100 million for its novel glass manufacturing technology and at the early stage, the firm backed Bidgely last June, which gives homeowners a way to easily monitor and manage their energy use.

Most recently, the firm invested $35 million into Ambri, a developer of battery storage technology.

Image by Artistic Photo/Shutterstock

Sequoia Backs Simplisafe In A Play For The Home Security Market

Sequoia Backs Simplisafe In A Play For The Home Security Market

Editor’s note: This is a repost of a TechCrunch article written by Jon Shieber.

Sequoia Capital has made a minority investment in the do-it-yourself home security company Simplisafe in a play on the home security and automation market, TechCrunch has learned.

The investment from Sequoia came on the heels of Google’s $3.2 billion acquisition of Nest Labs, which showed just how lucrative the home market can be. That deal netted a healthy return for investors, including Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Generation Investment Management, Venrock, and Google’s own Google Ventures. Continue reading

Startup Calendar for April 15th

Four events are featured in this week’s Startup Calendar:

And four accelerator programs are currently accepting applications:

Read the weekly newsletter for more… To take part in this program as an organization that hosts startup events, visit the Startup Calendar page for guidelines and send us an email at events@crunchbase.com. We look forward to hearing from you!

Seeking Growth, The Payments Industry Embraces New Technologies

Editor’s note: This is a repost of a TechCrunch article written by Jon Shieber.

Now a victim of its own omnipresent success, the global electronic payments industry is increasingly turning to new technologies as it looks to expand its footprint and find new ways to make money by getting consumers to spend theirs.

The pace of technological advancement in the payments market has even caused regulators to take notice, with innovations like cryptocurrencies continuing to grab headlines and attract government scrutiny at the federal and state level.

Those same regulators are also looking for ways to alleviate the financial pressures and burdens that affect the underbanked and to address the issues of privacy and security that continue to bedevil the industry. Continue reading

Entertainment Deals Take Center Stage In LA’s Burgeoning VC Scene

Editor’s note: This is a repost of a TechCrunch article written by Jon Shieber.

A string of big acquisitions, public offerings, and a pipeline of growing young startup companies has venture investors saying “I love L.A.

The recent acquisitions of Maker Studios and Oculus VR, as well as the planned public offering for TrueCar that’s finally going through, all point to a healthy investment ecosystem, but there’s still one industry that rules over Tinseltown: that’s entertainment.

“Our ecosystem has been building for the last 20 years and it is coming to a crescendo now,” said Mark Suster, a partner at the Los Angeles-based firm Upfront Ventures. “Americans watch 5.3 hours of television a day and they read less than a half an hour. You’re not going to change media consumption patterns [so] you’ll continue to see the rise of a tech ecosystem in L.A. because of the rise of TV and commerce and what that entails.” Continue reading

Startup Calendar for April 8th

Six events are featured in this week’s Startup Calendar:

And two accelerator programs are currently accepting applications:

Read the weekly newsletter for more… To take part in this program as an organization that hosts startup events, visit the Startup Calendar page for guidelines and send us an email at events@crunchbase.com. We look forward to hearing from you!

Boston Wraps Up Its Best Venture Quarter In Years

Editor’s note: This is a repost of a TechCrunch article written by Jon Shieber.

The TechCrunch wrecking ball is smashing into Boston as startups in the city are coming off their best quarter in years.

Boston-based startups managed to haul in over $1.2 billion in venture financing in 142 deals for the quarter, marking the strongest fundraising environment for Boston tech startups since 2009.

Continue reading

Saeed Amidi’s Global Accelerator Network Plug And Play Expands To Brazil

Editor’s note: This is a repost of a TechCrunch article written by Jon Shieber.

The warp and weft of Saeed Amidi’s family story — transitioning from Iranian immigrants fleeing revolution in the 1970s to running a multi-million-dollar global family office and a vast technology accelerator network  — is one that could only have been woven in Silicon Valley.

It’s been nearly 30 years since Amidi’s family bought the building at 165 University Avenue in Palo Alto, Calif., which catapulted the family from selling high-end rugs to Silicon Valley’s investors and entrepreneurs to joining those investors at the heart of the Valley’s technology scene.

The multi-use office building whose second floor overlooks University Avenue has an allure in part because of the litany of successful technology companies that once called it home. Google was there in its infancy, along with PayPal — an early investment for Amidi — and Logitech, which called the building home in the early days following its move from Switzerland. Continue reading

Startup Calendar for April 1st

Five events are featured in this week’s Startup Calendar:

And one accelerator program is currently accepting applications:

Read the weekly newsletter for more… To take part in this program as an organization that hosts startup events, visit the Startup Calendar page for guidelines and send us an email at events@crunchbase.com. We look forward to hearing from you!

CrunchBase Monthly Export – 2014 Q1 Investment Soars

After passing the 500k milestone last month, the CrunchBase community has continued to contribute at a record pace. The CrunchBase dataset has grown significantly since 2013 Q1 when it encompassed just over 291k profiles. One year later we now capture over 537k companies, investors, people and products in CrunchBase. Highlights of the March 2014 Export include:

The CrunchBase dataset continues to grow at a blistering pace thanks to our community of contributors and members of the CrunchBase Venture Program. We’re publishing this snapshot today which includes all venture funded companies.

You can download the snapshot here and if you find any errors or omissions, please let us know!