groSolar Closes $2.25 Million Venture Investment
American Venture Magazine reports that groSolar, which integrates solar energy into new and existing homes, has closed a $2.25 million first round venture funding. The investment by SJF Ventures, Calvert Social Investment Fund, and Allco Financial Group will expand groSolar’s national expansion and marketing initiatives.
groSolar provides cleantech alternatives for homes and businesses, including solar electricity, solar hot water, and solar air heating with its complete systems, turn-key solutions and zero energy home designs. Cleantech Venture Network LLC, reports that more than $1.4 billion in venture capital was invested in North American cleantech companies during the first six months of 2006.
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