September 27, 2012 - Sometimes money alone isn't enough to help a startup succeed. That's why a long-time advisor to General Electric's ecomagination initiative — a model for corporate investment in clean energy technology — is founding a new investment firm that aims to link promising startups with big businesses that can help them scale.
The company, Broadscale Group, has created a network of power and utility companies with an interest in cleantech and renewable energy innovation, including Duke Energy, GE and National Grid and other members to be named soon.
Broadscale has also forged a strategic relationship with Pegasus Capital Advisors to invest in deals that it identifies. Pegasus manages approximately $2.7 billion, including a portfolio of companies in the business of clean energy or sustainable resource management. read more>>>
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