Financial Times FT.com

Venture capitalists boost smart power grid

By Kevin Allison

Published: August 20 2008 22:39 | Last updated: August 20 2008 22:39

Venture capitalists’ growing appetite for companies working on technologies to improve large power grids was underlined on Wednesday after investors put $40m into Trilliant, a Silicon Valley so-called smart grid company.

The investment by MissionPoint Capital Partners of the US and Zouk Ventures, a London venture capital group, marks one of the biggest in a string of funding deals for smart grid groups.

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