Harvest Power raises big bucks via funding effort

摘要

True North Venture Partners was the leader in the investment, with help from American Refining and Biochemical, as well as existing investors Kleiner Perkins Caufield and Byers, DAG Ventures, Generation Investment Management and others.Harvest Power plans to use the funds to expand its operationsso that it can meet increased demand from North America. In this region many companies are looking for sustainable yet economical solutions to produce renewable energy and Harvest plans to capitalise on this, it says.As a by-product, Harvest also produces organic soils and mulches which it sells to retail companies.