• Lumenergi

  Participated · Series B · Mar 2012

  LUMEnergi offers network-controlled lighting energy management through its NetLight components and Executive Software, delivering intelligent, flexible and scalable controls for single rooms to distributed campuses. Its system manages lighting from a single screen and integrates with existing lighting infrastructure. The solution interfaces with other building systems such as HVAC, shares fixture and sensor-level data, and enables participation in Demand Response applications. LUMEnergi says lighting energy efficiency can be increased by up to 70% via integration, customization to usage patterns, and daylight harvesting. The company targets commercial and industrial facilities ranging from office towers to national retail networks. It is a privately held, venture-funded company based in Newark, California and plans to use new capital to expand marketing, sales and product development. Lumenergi develops fluorescent and LED lighting-control systems designed to help office and home owners monitor, report on, and reduce building-wide lighting energy use. Its products were described in the article as being "like dimmers on steroids and smart pills." Some systems use lower-power-consuming LED lights while others work with fluorescents, per GreenTechMedia. The company plans to use the new capital to scale deployments from small- and mid-sized commercial sites such as schools, courthouses, and stores to large-scale commercial and industrial sites. It will especially pursue projects in energy-intensive regions where the power supply may be limited or strained by harsh weather. Lumenergi is based in Newark, Calif. LUMEnergi is a Santa Clara, CA-based provider of energy-efficient networked lighting systems. The company recently received additional funding as part of a $1.0M funding round. Low Carbon Accelerator (LCA) invested $533,333 in this round alongside co-investor Noventi Ventures. The transaction represents an extension of an existing convertible loan note announced on August 11, 2009. LCA’s total commitment to LUMEnergi now stands at $5.3M, comprising roughly $4.0M of equity (a 25.3% stake) and $1.33M of convertible loan. The financing increases investor support but the article does not detail product roadmaps or operating metrics.

• Vigor Solar Energy

  Led · Equity · Mar 2010

  Vigor Renewables Ltd is a London-based solar and wind developer formed to take advantage of the UK feed-in-tariffs coming into effect in April 2010. The company intends to design, build, own and operate sub-5MW renewable energy installations across the UK by partnering with landowners and commercial property owners and managers. Site owners will receive either rental income or discounted electricity prices while Vigor captures tariff payments and power export/off-take revenues. The UK feed-in-tariffs guarantee an inflation-linked income for sub-5MW projects—20 years for wind and 25 years for solar—providing long-term revenue visibility. Vigor has identified a strong pipeline of potential deal-flow and expects its first project to start in summer 2010. Financially, the company has received a £500,000 investment from Low Carbon Accelerator to support its early development activities.

No current team members are available.