Tag: Idealab

  • Carbon Capture Picks Up $35M

    Pasadena-based Carbon Capture, a new startup which says it is developing machines that remove CO2 directly from the atmosphere, has raised $35M in a Series A funding round. the funding came from Prime Movers Lab, Rio Tinto, Idealab Studio, and Marc Ben…

  • Energy Vault Scores $100M For Gravity-Based Energy Storage

    Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. The funding was led by Prime Movers Lab, and also included So…

  • Heliogen Goes Public Via SPAC Acquisition

    Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena T…

  • Heliogen’s ‘Sunlight Refinery’ Captures Carbon-Free Thermal Energy

    Serial entrepreneur and Heliogen CEO Bill Gross calls it the Sunlight Refinery. In the fall of 2019, the Pasadena startup unveiled a Lancaster facility designed to capture carbon-free thermal energy at over 1,000 degrees Celsius using a cluster of mir…