Cambridge, MA-based cleantech startup SunBorne Energy Technologies has wrapped up a $3.1 million equity and rights offering, according to an SEC filing. SunBorne, which is backed by General Catalyst Partners, is developing technology for generating electricity from the sun that is designed to be cheaper than grid power, and is focusing on India as a market. The startup, chaired by General Catalyst managing director Hemant Taneja, brought in $5.1 million in equity-based funding in December 2009, an SEC filing shows.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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