News Headlines

SAANICHTON, BC, (March 6, 2014) – Redlen Technologies is pleased to announce that it has completed a $5.5 million financing led by Pangaea Ventures with participation from other major investors including In-Q-Tel. Redlen Technologies is a leading manufacturer of high resolution Cadmium Zinc Telluride (CZT) semiconductor radiation detectors. CZT detectors provide a key technological advance in radiation dose reduction, image resolution, and diagnostic accuracy across a broad range of medical and security applications. The company will use proceeds from the financing to further expand its product line and volume production capabilities for its precision radiation imaging and detection products.  more...

ARVADA, Colo. (Feb. 19, 2014) – Boulder Ionics Corp., developer and producer of high-performance electrolytes and electrochemical-grade ionic liquids for advanced energy storage devices, today announced that it has signed an exclusive worldwide licensing agreement with Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia's national science agency, to develop and commercialize the use of pyrrolidinium-based ionic liquids in electrolytes for lithium-ion and advanced chemistry batteries.  more...

KALAMAZOO, Mich. (Feb 6, 2014) - Vestaron Corporation announced today that the U.S. Environmental Protection Agency (EPA) has approved the active ingredient in the company’s breakthrough bioinsecticide for commercial sale. The insecticide, a naturally occurring peptide isolated from spiders, is approved for use on a wide variety of crops and has shown no toxicity to fish, birds or mammals, including humans.  more...

KALAMAZOO, Mich., (Jan. 7, 2014) - Vestaron Corporation, a venture-backed agricultural company, announced today that John Sorenson, Ph.D., has been appointed the company's Chief Executive Officer. Dr. Sorenson has served as Chairman of the Board since 2011 and has served as its interim CEO since September. Keith Gillard of Pangaea Ventures will assume the chairmanship of the Board of Directors.  more...

Menlo Park, CA, (December 11, 2013) – Calysta Energy (www.calystaenergy.com) today announced completion of a Series A financing round totaling $3 million. The financing was led by Pangaea Ventures Ltd., (www.pangaeaventures.com), and included current Calysta officers and directors. Purnesh Seegopaul, Ph.D., General Partner at Pangaea, will join the Calysta Board of Directors.  more...

ST. LOUIS, MO, (December 6, 2013) - NewLeaf Symbiotics Inc. an agricultural biotech company, today announced the acquisition of Intuitive Genomics Inc., a leader in the design and implementation of custom bioinformatics solutions.  more...

ARVADA, Colo. (November 19, 2013) – Boulder Ionics Corp., producer of high-performance electrolytes and electrochemical-grade ionic liquids for advanced energy storage devices, today announced a $500,000 investment from the Southern Cross Renewable Energy Fund. Proceeds will be used to support a collaborative research program and license arrangement with the Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia’s national science agency, and to create an Australian subsidiary of Boulder Ionics. This new investment complements the company’s prior $4.3 million Series A financing round along with grant awards totaling almost $2 million from the National Science Foundation, U.S. Air Force and U.S. Navy.  more...

(October 22, 2013) - Keith Gillard, general partner at Pangaea Ventures, based in Vancouver, thinks his company’s expertise has enabled it to benefit from the funding crisis in the clean technology sector.  more...

Washington DC, (October 9, 2013) - The Cleantech Group today announced that two Pangaea Ventures companies have been named in the 2013 Global Cleantech 100, a list of the top 100 private companies in clean technology: Envia Systems and Vestaron Corporation.  more...

Vancouver BC, (September 10, 2013) - Pangaea Ventures Ltd. announced today that Keith Gillard, General Partner, will be participating in the Canadian Venture Capital Association's first trade mission to China. Pangaea will be representing the cleantech and advanced materials investment industry. Other participants in the trade mission are the Business Development Bank of Canada with its BDC ITC Fund, Bioenterprise Corporation focused on agricultural technology, Fronterra Ventures focused on oil and gas, and WestCap Management, a fund focused on opportunities in Saskatchewan.   more...

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