Danotek Raises $13.2 Million For Energy Technologies
Four of the world’s leading renewable energy venture capital firms are partnering for the first time with co-investments to bring to market new technology that will make wind turbines more efficient, reliable and affordable. GE Energy Financial Services, CMEA Capital, Khosla Ventures and Energy Capital Management will invest a combined $13.2 million in Danotek Motion Technologies of Canton Township.
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Beringea Invests in LED and Smart Grid Firm Relume
Farmington Hills-based Berigea LLC, Michigan’s largest venture capital firm, has invested in Oxford-based Relume Technologies, a manufacturer of light-emitting diode products and smart grid control systems for outdoor lighting applications. Terms of the deal were not disclosed.
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Energy Conversion Devices Gets 3 Megawatt Solar Project in Spain
Rochester Hills-based Energy Conversion Devices Inc. said Monday that it had signed an agreement with Spain's Endesa to install three megawatts of its Uni-Solar photovoltaic laminates on the rooftops of two Coca-Cola buildings in Seville.
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New Michigan Online Charity Boosts Fresh Water Access
A new Michigan nonprofit called 3for5 is using the power of social media to improve access to fresh water in the developing world. Every 21 seconds, the group says, a child in the developing world dies from a disease associated with dirty water -- that's 1.5 million preventable deaths each year. But the 3for5 Foundation has hit on a way to change this tragic reality.
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State Economic Development Agenda Busy With 33 Projects
Look for a ton of economic development announcements Tuesday based on the jam-packed agendas of the Michigan Economic Growth Authority and the Michigan Next Energy Authority. The MEGA board willk take up a whopping 23 economic development and brownfield redevelopment projects, while the Next Energy board will tackle 10.
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Azure Dynamics Receives Record Truck Order
The Oak Park hybrid and electric truck developer Azure Dynamics Corp. (TSX: AZD) Monday said it had received an order for 200 of its Balance Hybrid Electric delivery trucks from Purolator Courier Ltd. The purchase is Azure's largest revenue order to date and the highest volume Balance order since the product launched in the summer of 2008.
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Gomez Gets New Reseller
Gomez, the Web performance division of Detroit-based Compuware Corp. and Santa Clara, Calif.-based OpSource, the leader in cloud operations, announced that they have signed a partnership agreement under which OpSource will resell Gomez's Web performance management system to its enterprise customers as well as use it to validate and monitor its own cloud performance.
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UM Health System Gets $15M Gift, Largest Ever for Women's Health
The University of Michigan Health System has received a $15 million gift from the Ted and Jane Von Voigtlander Foundation, the largest gift ever made to the health system for women's health. It will support the construction of a new women's hospital.
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X-Rite Part Of World's Biggest TV Fix In Brazil
Kentwood-based X-Rite Inc. said Monday that Sky Brazil, the largest high-definition pay TV operator in Latin America, is currently deploying thousands of X-Rite's i1Display2 systems as part of what is believed to be largest mass TV calibration project in the world.
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Michigan Tech Students Reporting From Copenhagen
Two students from Michigan Technological University in Houghton are attending the United Nations' international climate change conference in Copenhagen, Denmark. In dispatches from Copenhagen, they report on the hordes of people who have come to Copenhagen to make their thoughts, hopes and fears known to the world's leaders.
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Troy Firm's Design Software Gets Korean Reseller
Troy-based solidThinking Inc. said Monday that it has signed SiliconStudio Korea Ltd. to its value-added reseller community. SiliconStudio Korea will market, sell and support solidThinking’s concept-design software throughout South Korea.
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ZipLogix Renews With Four States
Fraser-based zipLogix, creator of zipForm, the real estate industry’s leading contract software, today announced that the Virginia Association of Realtors is extending its zipForm licensing agreement. So are three other states.
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Computer Firm Makes 2010 Predictions
Computer Troubleshooters of Plymouth and Canton Monday said the cloud is coming home in 2010. As part of a year-end message, the local franchisee of the world's largest computer repair chain said they're predicting that in 2010, "we see small businesses and even home users adopting more 'cloud computing' Web based services rather than relying on local servers."
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United Solar Ovonic Standardizes on Proficy Software
Charlottesville, Va.-based GE Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that Auburn Hills-based United Solar Ovonic has standardized on GE’s Proficy software to reduce scrap, increase throughput and lower the cost of manufacturing thin-film photovoltaic laminates.
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Petoskey's Gas Techno Adds High Powered Adviser
Petoskey-based Gas Technologies LLC Monday announced the appointment of Arthur Nonomura to its Technical Board of Advisors. Gas Technologies has been expanding on its proprietary and patented methane-to-methanol process further downstream into fuels, chemicals, natural products and fertilizers.
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Event Notices From December 14
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Canton Computers Moves Into Bigger Livonia Store
Livonia now has the first known drive-through computer repair center, thanks to a move by Canton Computers into a larger building on the corner of Plymouth and Wayne roads. Canton Computers, which opened its third location in Livonia in May 2008, tripled its size when it moved across the street into a 7,800-square foot building formerly occupied by a union office and bank.
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RPM Ventures Closes $60 Million Second Fund
RPM Ventures, a seed and early-stage venture capital firm, Friday announced the successful close of its second venture capital fund, RPM Ventures II L.P. The firm reached its target goal of $60 million with commitments from a mix of foundations, fund of funds, large family offices, and partners from top venture funds.
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Matt's Gadgets: Two Portable Internet Options From Verizon
Verizon Wireless offers you two ways to take your Internet with you anyplace a cell phone signal can be had. Both work just fine, but one's more for the selfish, and the other's more for those who want to share -- for business or family.
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Motor City Interactive Offers Services For Holiday Donation
If you'd like to score some major e-mail marketing points while also making a donation for the holidays, check out the Christmas program this year at Brighton-based Motor City Interactive. The fine folks at Motor City say that if you make a $100 donation to Mariner's Inn, you'll get up to $2,500 worth of e-mail marketing services.
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