Tuesday, May 24, 2011

Harvest Power Raises Another $6 Million To Turn Food And Yard Scraps Into Energy, Or Fertilizer

Harvest Power, a company that makes energy and fertilizer products from organic waste, added $6 million to its series B, $51.7 million round, with Rabobank's SAM Private Equity group, which focuses on sustainability investing and is based in Zurich, Switzerland, joined the company's other backers: Generation Investment Management, DAG Ventures, Keating Capital, Kleiner Perkins, Waste Management (NYSE: WM), Munich Venture Partners, and TriplePoint Capital. As Harvest Power CEO Paul Sellew told TechCrunch in March, the company will put the capital into building two, large biomass renewable energy projects...

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