$6M More for Harvest Power

Waltham, MA-based Harvest Power, a cleantech and waste management startup with operations in Seattle and Vancouver, BC, said today it has raised $6 million from new investor SAM Private Equity, based in Zurich. The deal is an extension of Harvest’s Series B round, first announced in March, which now totals $57.7 million. The company was founded in 2008 and focuses on converting organic waste into soil products and electricity. Its previous investors include Kleiner Perkins Caufield & Byers, Waste Management, Munich Venture Partners, TriplePoint Capital, DAG Ventures, Keating Capital, and Generation Investment Management. Earlier this month, Xconomy’s Luke Timmerman profiled Harvest Power and its West Coast genesis and operations, sitting down with co-founder Jan Allen in Seattle.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.