$6M More for Harvest Power
Waltham, MA-based Harvest Power, a cleantech and waste management startup with operations in Seattle and Vancouver, BC, said today it has raised $6 million from new investor SAM Private Equity, based in Zurich. The deal is an extension of Harvest’s Series B round, first announced in March, which now totals $57.7 million. The company was founded in 2008 and focuses on converting organic waste into soil products and electricity. Its previous investors include Kleiner Perkins Caufield & Byers, Waste Management, Munich Venture Partners, TriplePoint Capital, DAG Ventures, Keating Capital, and Generation Investment Management. Earlier this month, Xconomy’s Luke Timmerman profiled Harvest Power and its West Coast genesis and operations, sitting down with co-founder Jan Allen in Seattle.