Venture Capital
US Energy Department awards $17M to clean energy businesses
The US Office of Energy Efficiency and Renewable Energy (EERE) awarded $17 million to clean energy businesses across 13 states to tackle the big problem of energy consumption.
Off Grid Electric scores $7M to provide solar energy to Tanzanian homes
Arusha, Tanzania-based solar energy provider Off Grip Electric scored $7 million in a funding round led by Vulcan Capital, SolarCity, and Omidyar Network to power homes with prepaid electricity.
Oregon-based WelVU bags $1.25M in seed round
WelVU, a startup that offers a multimedia patient engagement technology platform, raised $1.25 million from unnamed investors for its initial seed funding round, VentureBeat reported.
British video-on-demand service Screenburn raises $500K in angel funding
London, UK-based Video-on-Demand (Vod) service Screenburn raised $500,000 (£302,000) in an angel funding round to fuel its expansion for 2014 and to continue monetizing the presence of music and film artists on Facebook.