Science

Konarka's revolutionary 3rd generation flexible solar technology has been in the making for the past 9 years and has received over $150 million dollars in financing. The company hasn't produced a product yet, but it has raised an additional $23.8 million dollars. [Konarka SEC Filing] The new money could signal it's solar film is close to being market ready. After reading about the technology, I'm sure you'll come to agree the company is posed for success.

The Biodesign Impact Accelerator is new incubator at the Biodesign Institute at Arizona State University. The startup incubator is in the process of raising $5 to $10 million to "fund and nurture companies deemed capable of capitalizing on the institute's innovations in personalized medicine, diagnostic systems and devices, cancer research, vaccine platforms, alternative energy solutions, bioremediation technologies, and national security initiatives." The university expects that the 8,000 square research space and Biodesign Impact Accelerator will house 3 to 5 startups by February 2010 and eventually grow to host between 10 and 15.