AustinStartup

I served as a judge for the 3^rd annual cleantech venture summit (CEVS) yesterday, produced by the Austin Technology Incubator’s clean energy incubator (CEI). Between the morning and afternoon sessions, there were a little over 20 different deals that were pitched by company founders.

Active Power, inventor and manufacturer of the most space and energy-efficient uninterruptible power supply (UPS) systems in the world, received significant orders amounting to nearly $5 million for its industry award-winning PowerHouse system. These orders will provide containerized, mission critical power and cooling infrastructure to support several containerized datacenter deployments. The systems are anticipated to [...]

It’s been a while since we’ve written about controversial ultracapacitor manufacturer, and super stealth-mode company, EEStor and now-legendary Patent No. 7,033,406. The company claims to have battery technology that can enable a car to go 500 miles on a 5-minute plugin to a wall outlet. The key to this higher level of capacitance is in [...]

Today’s guest post is by Aruni Gunasegaram, who runs operations for the ATI, blogs at entrepreMusings, and is a serial entrepreneur. She received her MBA from the University of Texas, and previously had gone back to teach business and entrepreneurship at the McCombs School of Business. Her side gig is BabbleSoft, a company that offers [...]

Nuventix, Austin-based creator of SynJet® active thermal management solutions, announced today it has closed $8 million in new funding, $4M in capital and $4M in credit. The funding will accelerate advanced development of the company’s groundbreaking SynJet cooling technology, an active cooler of solid state lighting which uses synthetic jets to enable energy efficiency and [...]

We’re taking nominations for the 2009 edition of the Austin Emerging 100. If you know of a deserving Austin technology company, please nominate them. After we take in nominations, we will have some online voting to allow the public to choose who the top 100 emerging technology companies are.
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Not a ton of news for a Monday, but here’s what is happening around Austin

Spiceworks co-founder Jay Hallberg is on a panel moderated by Peter Kafka titled Advertising Meets Social Networks at the AlwaysOn “OnMedia” conference in New York.
Motion Computing is partnering with Sig-Tec on mobility and security solutions for clinical workflow. Healthcare is a [...]

Austin-based KLD Energy Technologies, Inc., developers of a high-performance electric motor system technology, announce the completion of a $1 million financing round from a private investment group. The company leveraged the Series A funding to further develop its high-frequency, low RPM, transmissionless motor system designed to increase the speed and efficiency of electric vehicles.
“We’ve been [...]

SensorTran, the developer of the world’s most advanced distributed temperature sensing (DTS) technologies, today announced a $3.5 million round of venture capital financing, which will be used for working capital and to accelerate the growth of SensorTran’s Smart Grid and wellbore monitoring businesses. Participants in the round included Advantage Capital Partners, Expansion Capital Partners, WHEB [...]

If you’re an entrepreneur that is starting up a company in the clean energy space, or are evaluating that area, you should consider attending the Clean Energy Venture Summit. The event starts tomorrow, and is right here in your own backyard. You get the chance to attend a top notch conference with no hotel or [...]