G24 Innovations Ltd. (Cardiff, U.K.) is a pioneer of dye-sensitized thin-film solar cells. The company, founded in 2006, raised $50 million in 2008 and claims it is the first commercial manufacturer of Graetzel dye-sensitized solar cell technology for mass consumer use.
GainSpan Corp. (Sunnyvale), a developer of Wi-Fi sensor network technology, was an Intel incubator company before being spun out in 2006. It completed a Series B funding round in December 2007, raising $20 million with backing from Intel Capital.
GreenPeak Technologies BV (Utrecht, Netherlands) was formed through the merger of Xanadu Wireless and Ubiwave in July 2007. Xanadu had been operating in stealth mode since early 2005; Ubiwave had been pioneering wireless mesh protocols since 2003. GreenPeak, backed by DJF Esprit, GIMV, Motorola Ventures Robert Bosch Venture Capital and Allegro Investment Fund, offers wireless transceiver chips with energy-harvesting-ready interfaces for use in wireless sensor networks.
Heliatek GmbH (Dresden, Germany) was formed in 2006 as a spinoff from the Universities of Dresden and Ulm. The company has developed organic solar cells from small molecule organic dyes that are chemically synthesized from hydrocarbons. Recent funding of $27 million is earmarked for building an initial production facility in Dresden. Heliatek will use its technology to produce flexible photovoltaic modules on a film substrate.
InVisage Technologies Inc. (Menlo Park, Calif.) is developing QuantumFilm, an imaging-sensing technology that the fabless company claims will replace silicon. Its first product enables high-fidelity, high-resolution images from handheld devices like camera phones and PDAs. InVisage was founded in 2006 and is venture funded by RockPort Capital, Charles River Ventures, InterWest Partners and OnPoint Technologies.
LensVector Inc. (Mountain View, Calif.) was founded in 2006 to commercialize optical technology that can shape, steer and focus light without mechanical movement. It has attracted more than $50 million in financing from investors and partners, including Menlo Ventures, Institutional Venture Partners, Samsung, Silicon Valley Bank, Mitsui and Kodak.
Lime Microsystems Ltd. (Guildford U.K.), founded in March 2005, is a fabless specialist in digitally configurable transceivers for wireless broadband systems. Lime has development teams in the U.K. and Lithuania. It is backed by ACT Venture Capital and DFJ Esprit.
Liquavista BV (Eindhoven, Netherlands) was formed in 2006 to develop a display technology based on the principle of electrowetting. The company is preparing displays for e-readers.
*Lyric Semiconductor Inc. (Cambridge, Mass.) is a fabless semiconductor company founded in 2006 by MIT's Ben Vigoda and semiconductor veteran David Reynolds. Lyric’s probability processing technology has some similarities to both fuzzy logic and neural networking. Lyric has received more than $20 million in government funding from the Defense Research Advanced Projects Agency and other agencies. Stata Venture Partners is a venture investor.