Ausra Receives $60,600,000 Series C Funding

  • Feed Type
  • Date
    10/2/2008
  • Company Name
    Ausra
  • Mailing Address
    303 Ravendale Drive Mountain View, CA 94043
  • Company Description
    Ausra develops and deploys utility-scale solar technologies to serve global electricity needs in a dependable, market competitive, environmentally responsible manner.
  • Website
    http://www.ausra.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $60,600,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Proceeds from Ausra’s financing will fund the company’s research and product development and commercial activities, including the completion of its 5-megawatt Kimberlina solar thermal power project near Bakersfield, Calif.—the first power plant in North America to incorporate Ausra’s core technology, the Compact Linear Fresnel Reflector (CLFR) solar collector and steam generation system.
  • M&A Terms
  • Venture Investor
    Kern Whelan Capital
  • Venture Investor
    Generation Partners
  • Venture Investor
    Starfish Ventures
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Kleiner Perkins Caufield & Byers