Saturday, 28 March 2015
Last updated 15 hours ago
Jan 12 2009 | 6:40pm ET
Venture capital firms Quercus Trust and 21Ventures are hoping to get a jolt with a new electrical conductivity technology. The two firms have invested $500,000 with Austin, Texas-based startup Graphene Energy.
“Graphene Energy Inc., with an exciting technology for addressing energy storage needs, particularly for high power density requirements and enabling new applications of energy storage, is an exciting addition to our portfolio,” said David Anthony, managing partner for 21Ventures. “Demand for energy storage is growing tremendously and the Graphene-based Ultracapacitor technology is ready to make its contribution. It is also an excellent fit in our portfolio of cleantech companies.”
The startup has also concluded licensing terms for Graphene-based Ultracapacitor Technology from The University of Texas at Austin and The College of William and Mary in Williamsburg, Virginia.
“Graphene has superior electrical conductivity and surface area and these attributes suggest it could work exceptionally well in electrochemical double layer capacitance applications, also referred to as ‘supercapacitor’ or ‘ultracapacitor’ technology,” said Rod Ruoff, a professor at the University of Texas at Austin. “The structure of Graphene is fundamentally different than activated carbon, which is typically used in supercapacitors now. Our goals include obtaining significantly improved specific capacitance in Farads/gram, and improved energy density.”
Quercus Trust is a cleantech venture fund in North America with strategic investments in the clean technology areas of solar, water, bio-fuels, wind and batteries. 21Ventures is a venture capital fund that specializes in clean technologies, mobile software and security.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…