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Idealab Backs Clean Power Technology Firm

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Pasadena-based Idealab announced today that it has invested in a developer of clean energy generation technology. The firm has invested in Cool Energy , a Boulder, Colorado based developer of Stirling engine technology, used to convert heat energy into power. Financial details of the funding were not announced.

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Energy Cache Eyes Smart Grid, With Backing Of Idealab

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Los Angeles-based Energy Cache , a new startup backed by Idealab, is eyeing the energy storage and smart grid market with its technology. The firm beat out around 170 other entrants to gain the title of "Best Investment Opportunity". READ MORE>>.

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Aaron Fyke, Thin Line Capital: The Second Wave Of Cleantech Investing

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There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Aaron Fyke: I believe we're in a second wave of clean tech investing.

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Thin Line Capital Launches New Energy, Sustainability Fund

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Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. Fyke previously had been CEO of multiple companies for Idealab, and also was a cleantech investor at Starfish Ventures in Australia.

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eSolar Gets Investment From GE Energy

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Pasadena-based eSolar , the developer of solar thermal power generation plants backed by Idealab, has scored a strategic investment from GE Energy , GE said Monday. Size of the new investment was not disclosed. GE said it will also deploy eSolar's technology to customer worldwide. READ MORE>>.

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Heliogen Goes Public Via SPAC Acquisition

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Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena Technology Acquisition Corp.,

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Energy Vault To List On NYSE Via SPAC

socalTECH

Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. and others. The company's original system was based on very large concrete blocks being moved up and down using a crane system.