US venture capital disbursements in cleantech companies decreased by 44% to $1.1 billion in Q2 2011 compared to the $1.9 billion invested in Q2 2010, while the number of deals fell 12% to 68, according to Ernst & Young LLP/Dow Jones VentureSource.  Disbursement in Q2 2011 were 8% greater than the amount in Q1 2011. The Energy/Electricity Generation segment continues to dominate [...]

Infinia Corporation has secured a US $31 million round of convertible debenture financing with nine investors. Infinia’s investors include Black Pearl Capital Limited, EQUUS Total Return, Inc., Foxconn Technology Group, GLG Partners, Inc., Idealab, Power Play Energy, LLC, Vulcan Capital, Wexford Capital LLC. Infinia has also issued unspecified amount of worth of its equity shares [...]

SustainX, Inc. has secured additional US $5.6 million from General Catalyst Partners. On March 1, 2011, SustainX raised US $14.4 million from existing investors, Polaris Venture Partners, National Science Foundation, RockPort Capital Partners,  Angeli Parvi, GE Energy Financial Services, Cadent Energy Partners, and others. SustainX intends to use funds to support continued development [...]

Topanga Technologies, Inc. has raised US $15 million in a Series C round of financing from 10 investors, bringing total amount  raised, to date, to $24.5 million. Proceeds will be used for working capital. Topanga Technologies’ institutional investors include Khosla Ventures and Nth Power. Topanga Technologies is a leading innovator of solid-state drivers and electrode-free plasma [...]