Alphabet Energy Receives $1,000,000 New Round

  • Feed Type
  • Date
    5/3/2010
  • Company Name
    Alphabet Energy
  • Mailing Address
    2680 Bancroft Way Berkeley, CA 94704-1717
  • Company Description
    Alphabet Energy, Inc. is commercializing a breakthrough, inexpensive waste heat recovery technology developed at the Lawrence Berkeley National Laboratory in Berkeley, California. With it, we will be able to tap into the US$1 trillion world market for the conversion of waste heat into electricity, with the potential to offset as much as 500 million metric tonnes of carbon per year.
  • Website
    http://www.alphabetenergy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The financing will be used to manufacture commercial prototype devices on existing semiconductor infrastructure at the year-old company.
  • M&A Terms
  • Venture Investor
    Claremont Creek Ventures
  • Venture Investor
    CalCEF Clean Energy Angel Fund I, LP

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