HelioVolt raises $101M in Venture Capital
Here is a great example of the benefits of venture capital:
HelioVolt, one of about ten companies racing to produce solar power cells based new cheaper material than traditional silicon, has raised $24 million more in financing for a its second round.
This brings the Austin, Texas’ company’s total second round to a huge $101 million, making it the largest clean-tech venture capital financing on record — or at least that we’re aware of. Read more here.
Where do venture capital companies, like Arthur Trueger’s BerkeleyVC, get all this money?
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