Tagged: green-tech

$24.58 million raised so far by Next Step Living via private placement


 

next step livingNext Step Living disclosed selling 85% of its $28.9 million non-brokered equity offering to twenty-one investors. The sale started on June 9th according to the document filed at the SEC. Based on the offering’s structure, the company has until June 2015 to raise an extra $4.32 million. A total of eight unregistered securities offerings closed by the company raised an estimated $46.74 million.
The company is a provider of home energy evaluations and solutions for individuals and organizations. The company’s energy advisors help customers figure out how to make their houses more energy-efficient. They explain the incentives, benefits and financing options available. And the company will offer to do the work necessary to implement the advisors’ recommendations. Financial backers include Black Coral Capital, Massachusetts Green Energy Fund, VantagePoint Capital Partners, and The Windquest Group.
The company is headquartered in Boston MA. Next Step Living elected to keep its revenues undisclosed.
The executive team includes Arjun Rao, Brian Greenfield, Claire Broido-johnson and Geoff Chapin.
The board of directors includes Dennis Costello, John Devillars, John Mcquillan, Lee Burrows, Rob Day and Sean Ladley.

The company has raised an estimated total of $71.32 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Next Step Living
Industry: Energy Conservation
Amount offered: $28.9 million
Amount placed: $24.58 million
First sale: 06-09-2014
Data as of: 06-23-2014


For more information visit www.XDATA.co

Catalytec revised its offering cap upward to $1 million and received $685,000 in commitments


Change: offered +33% / raised +100% / placed 69%

catalytecCatalytec upped its financing to $1 million from $750,000 after receiving new commitments. This is the first time the offering, which launched a couple of months ago, is reported as subscribed. The ten investors started to acquire $685,000 worth of securities one month ago. There is now $315,000 in securities left up for subscription. The private placement’s expected net proceeds will amount to $900,000, excluding $100,000 paid in brokerage fees by the company. The subscription will close either once the offering is sold in full or in about a year, whichever one comes first. This is the first time the company is offering securities under regulation D of the Securities Act of 1933.

Catalytec commercializes a system that can convert multiple waste streams to profitable liquid fuel, using a carbon neutral, highly efficient, pollution-less, modular and economically viable process. According to the company, the fuel produced, using municipal solid and/or liquid waste as feedstock, is a straight fuel with equal or better power (BTU’s) produced, as compared to US highway #4 diesel fuel (ASTM D975). The resulting fuels can also be mixed with conventional or existing fuel supplies.

The company is headquartered in Reno NV. Revenues were not reported.
The executive team includes Harold Gentner, Jeffery Hershkowitz and L Christian Koch.

Offering recap
Status: Intermediary close
Company: Catalytec
Industry: Other
Amount offered: $1 million
Amount placed: $685,000
First sale: 04-30-2014
Data as of: 06-13-2014

Skyonic garnered new subscriptions and upped its offering to $52.7 million


Change: offered +3% / raised +32% / placed 98%

skyonicSkyonic‘s $51 million equity financing round increased by 3% to cap at $52.7 million. One new investor participated to the subscription of $12.5 million worth of securities since the company last released data almost a year ago. This brings to $51.54 million the amount raised from the eleven backers who subscribed to the offering. The subscription is structured to close once the 2% left is fully subscribed or in three weeks at the latest. Up to now Skyonic had raised an estimated $70.5 million in unregistered securities via one financing round. The company disclosed in its press release on May 22nd that existing investor ConocoPhillips (NYSE:COP) and new investor Enbridge (TSX:ENB) participated to the financing.

Skyonic commercializes a technology platform that is designed to extract and mineralize carbon dioxide from industrial flue gas into commercial products, such as baking soda, hydrochloric acid and limestone. The company’s scrubber, called SkyScraper, also removes heavy metals such as mercury.

The company is headquartered in Austin TX. Skyonic kept its revenues undisclosed.
The executive team includes Joe David Jones and Scott Gardner.
The board of directors includes Annie Theriault, Carl Berg, Frank Egan, George Coyle and Phil Ameen.

The company has raised an estimated total of $122.04 million via private unregistered security offerings.

Offering recap
Status: Intermediary close
Company: Skyonic
Industry: Other Energy
Amount offered: $52.7 million
Amount placed: $51.54 million
First sale: 06-18-2013
Data as of: 05-22-2014

Solaris Power Cells reports $400,000 investment round


solaris power cellSolaris Power Cells raised $400,000 as part of a fully subscribed non-brokered equity offering. The subscription lured six investors. The company closed three previous unregistered private placements which raised an estimated $375,000.
Solaris Power Cells trades under symbol OTC: SPCL.

Solaris Power Cells designs, markets and manufactures solar energy storage devices, specifically a passive electron storage array power cell. According to the company, the battery doesn’t require maintenance, routine replacement, and is environmentally friendly.

The company, headquartered in Palm Springs CA, is led by Vincent A Palmieri (CEO). Solaris Power Cells elected to keep its revenues undisclosed.
The executive team includes Leonard Caprino, Raymond Madick, Roy Givens and Vincent Anthony Palmieri.

The company has raised an estimated total of $775,000 via private unregistered security offerings.

Offering recap
Status: Completed
Company: Solaris Power Cells
Industry: Other Energy
Amount offered: $400,000
Amount placed: $400,000
First sale: 05-20-2014
Data as of: 05-20-2014

Investors buy $500,000 worth of Probiotic Holdings’ equity


probiotic holdingsProbiotic Holdings disclosed placing 11% of its $4.5 million non-brokered equity. Based on the filing, four investors started to subscribe to the $500,000 first close on April 16th. An additional $4 million in funding is to be raised until the offering draws to a close in April 2015. A total of ten unregistered securities offerings closed by the company raised an estimated $12.43 million.

Probiotic Holdings is the parent company of SCD Probiotics and Proviera Biotech. The company commercializes probiotic technology and products, ranging from wellness supplements to all purpose cleaners, designed to improve individual health and respect the environment. SCD Probiotics’ technology includes efficient and beneficial micro-organisms for human and animal health, aquaculture, environmental remediation, waste treatment, and odor control among others. Proviera Biotech markets innovative green biochemicals powered by probiotics for the leather tanning industry. The world health organization defines probiotics as “live micro-organisms which, when administered in adequate amounts, confer a health benefit on the host”.

The company is headquartered in Kansas City MO. Revenues on or below $25 million were reported by Probiotic Holdings.
The executive team includes Matthew Wood.

The company has raised an estimated total of $12.93 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Probiotic Holdings
Industry: Other Technology
Amount offered: $4.5 million
Amount placed: $500,000
First sale: 04-16-2014
Data as of: 05-01-2014

BioLargo closed its equity security offering after increasing its fundraising cap


Change: offered +15% / raised +8,300,000% / placed 100%

biolargoBioLargo closed its unregistered equity offering after increasing the placement’s size by 15% to $863,000. According to information released by the company six months ago, one investor bought $15,000 worth of securities on September 3rd 2013. At close, twenty-three subscribers had committed to acquire $863,000 worth of securities. The private placement, excluding $200,000 paid to officers and $47,000 paid in placement fees, is expected to bring net proceeds of $615,000. The company closed sixteen unregistered private placements which raised an estimated $15.89 million. The company trades on the OTC under ticker “BLGO”.

The company provides solutions for odor and moisture control, disinfection and contaminated water treatment using its suite of patented and patent-pending intellectual property technology. The technology works by combining micro-nutrient salts with liquid from any source to deliver free-iodine on demand, in controlled dosages, in order to balance efficacy of performance with concerns about toxicity. Its technology has potential commercial applications within global industries, including but not limited to oil and gas, animal health, beach and soil environmental uses, consumer products, agriculture, food processing, medical, and water.

The company, headquartered in Santa Ana CA, is led by Dennis P Calvert (President). Revenues on or below $1 million were reported by BioLargo.
The executive team includes Charles K Dargan, Joseph L Provenzano and Kenneth R Code.
The board of directors includes Dennis E Marshall, Gary A Cox, John S Runyan and Kent C Roberts.

The company has raised an estimated total of $16.72 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: BioLargo
Industry: Other
Amount offered: $863,000
Amount placed: $863,000
First sale: 09-03-2013
Data as of: 04-10-2014

Aquafiber Technologies files $1 million final close


aquafiber technologiesAquaFiber Technologies disclosed selling $1 million worth of equity securities as part of a new financing round. The financing which started to sell one month ago was subscribed in full by twenty-seven investors. The equity offering’s estimated net proceeds amount to $726,000 excluding $274,000 earmarked for the payment of officers’ salaries. The company closed three previous unregistered private placements which raised an estimated $23.9 million.

The company developed and commercializes a patented, dual nutrient (phosphorous and nitrogen) removal process that cost effectively removes nutrients, bacteria, metals and toxicity from surface waters and industrial wastewater. In addition to the benefits of surface water remediation, the algal biomass produced from the process represents a potential secondary market in renewable energy production and sustainable soil amendments.

The company is headquartered in Winter Park FL. Revenues on or below $1 million were reported by AquaFiber Technologies.
The executive team includes Duane De Freese, Kirby B Green, Rebecca Taylor Burnett, Ronald L Edwards, Ronald P Allen and William W Fagan.
The board of directors includes George Thomas Bland, James Madison, Kenneth C Wright, Mary Olson, Michael Marder, Mj Soileau, Richard A Nunis, Robert F Stonerock, Thomas Yochum and Thomas L Keon.

The company has raised an estimated total of $24.9 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: AquaFiber Technologies
Industry: Other
Amount offered: $1 million
Amount placed: $1 million
First sale: 02-28-2014
Data as of: 04-08-2014

ZEEP re-opened its offering to place $91,000 more


Change: offered +76% / raised +76% / placed 100%

Zero Emission Energy PlantsZero Emission Energy Plants (DBA ZEEP) re-opened and closed its unregistered equity offering after increasing the placement’s size from $121,000 to $212,000. The offer closed after the company raised $91,000 from five additional investors within one month. At closing, a total of nine investors had subscribed to Zero Emission Energy Plants’ offering. The company closed fifteen unregistered private placements which raised an estimated $26.87 million.

The company is a producer of chemical grade methanol through the development of methanol projects using mature gas to liquids conversion technology. Its project development pipeline is concentrated on the US Gulf Coast exploiting low natural gas feedstock costs and leveraging leading infrastructure and market access.

The company, headquartered in Austin TX, is led by Ronald E Oligney (CEO). Zero Emission Energy Plants disclosed having revenues on or below $5 million.
The executive team includes Angela L Sandford, Bruce A Bernard and Philip E Lewis. The board of directors includes Bryce C Tingle and Jennifer D Whitley.

The company has raised an estimated total of $27.08 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Zero Emission Energy Plants
Industry: Other Energy
Amount offered: $212,000
Amount placed: $212,000
First sale: 02-18-2014
Data as of: 03-24-2014

Catalytec is in the market with a $750,000 investment round


catalytecCatalytec launched a $750,000 brokered equity offering based on information filed with the SEC. The subscription to the equity offering hasn’t started yet. The offering is structured to remain open until March 2015 or when the fundraising cap is reached, whichever one comes first. The private placement’s expected net proceeds will amount to $675,000 excluding $75,000 paid in brokerage fees by the company. This is the first time the company is filling a security offering under a registration exemption with the SEC.

The company, formerly known as EcoTec Fuels, designed and markets a system that can convert multiple waste streams to profitable liquid fuel, using a carbon neutral, highly efficient, pollution-less, modular  and economically viable process. According to the company, the fuel produced, using municipal solid and/or liquid waste as feedstock, is a straight fuel with equal or better power (BTU’s) produced, as compared to US highway #4 diesel fuel  (ASTM D975). The resulting fuels can also be mixed with conventional or existing fuel supplies.

The company is headquartered in Reno NV. No revenues were reported by the company.
The executive team includes Harold Gentner, Jeffery Hershkowitz and L Christian Koch.

Offering recap
Status: Launched
Company: Catalytec
Industry: Other
Amount offered: $750,000
Data as of: 03-21-2014

e-Chromic Technologies issues $290,000 worth of securities


e-chromice-Chromic Technologies‘ released a press release yesterday which announced the first close of its’ $600,000 seed financing. It surfaced today that 49% of e-Chromic Technologies’ $600,000 unregistered private offering was placed on January 31st. The non-brokered equity securities were subscribed by three investors one of which was Amplifier Ventures a DC based seed stage investment firm. The first close garnered $290,000 and was led by Amplifier. The offering will remain open until January 2015 while an additional $310,000 worth of securities is sold to investors. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC. The company has received about $400,000 in grants thus far.

e-Chromic Technologies has an exclusive commercialization agreement with the National Renewable Energy Lab (NREL) for patented electrochromic thin film technology which can be used to turn existing windows into highly energy efficient smart windows. When switched to reflective mode the film significantly reduce solar heating through windows and therefore dramatically reduce air conditioner usage. According to the Department of Energy models, the company’s reflective technology will deliver 43% greater energy savings than state of the art absorptive technologies at less than half the cost.

e-Chromic Technologies, registered in 2014, is headquartered in Niwot CO. It is led by Loren Burnett (Chief Executive Officer). Revenues were not disclosed. The board of directors includes Jonathan Aberman and Richelle Lyons Burnett.

Offering recap
Status: First close
Company: e-Chromic Technologies
Industry: Energy Conservation
Amount offered: $600,000
Amount placed: $290,000
First sale: 2014-01-31