The Venture Codex Logo

The Venture Codex

Molycorp

5619 Denver Tech Center Parkway Suite 1000, Greenwood Village, CO, 80111, United States

Overview

Molycorp is a company that mines a group of metals known as rare earth elements used in hybrid vehicle batteries, wind turbines, compact fluorescent light bulbs, magnets for electric vehicle motors, consumer electronics and other technologies

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Chemical
  • Mining Technology
  • Natural Resources
Visit website

Investment portfolio

  • Boulder Wind Power

    Led · Series B · Sep 2011

    Boulder Wind Power has developed a patented direct‑drive wind turbine generator that uses dysprosium‑free permanent magnets and engineering changes that reduce structural steel and eliminate laminated electrical steel. The company says turbines using its generator can produce electricity for as low as $0.04 per kilowatt‑hour. Boulder Wind Power plans to serve as a technology provider to wind turbine manufacturers, supplying its patented generator and electronics and offering turbine design services to integrate its technology. The firm markets its next‑generation technology as simpler, more efficient, and lower maintenance than alternative wind turbine technologies. Boulder Wind Power is a private, venture‑backed company based in Boulder, Colorado. Its recent financing activity includes a $35 million capital raise in which strategic and venture investors participated. Boulder Wind Power develops a direct-drive utility-scale wind turbine technology intended to lower the cost of wind-generated electricity. The company was co-founded in 2009 by Sandy Butterfield, Jim Smith and Matt Jore. Sandy Butterfield serves as co-founder and CEO. The company announced Tim Connor has joined as Vice President of Business Strategy and CFO. Boulder Wind Power raised $8M in a Series A financing and intends to use the funding to complete development, testing and commercialization of its direct-drive technology for utility-scale wind power.

Team

No current team members are available.