In the News

Luxim Among WSJ’s Top 10 Clean-Tech Companies

Date: 03/04/2011

Company: Luxim

Source: The Wall Street Journal

The Top 10 Clean-Tech Companies

Companies that make everything from solar panels to renewable-crude oil continue to be big draws for funding from the venture-capital community.

But a company that rewards consumers for recycling led The Wall Street Journal’s second-annual ranking of venture-backed clean-tech companies.

Recyclebank, which provides recycling-rewards programs in 29 states and the U.K., has had a growth spurt since its 2004 launch. In October, the New York-based company brought on Jonathan Hsu, former head of onliine ad firm 24/7 Real Media, as its chief executive.

Two solar-power firms, Suniva Inc. of Norcross, Ga., and eSolar Inc. of Burbank, Calif., came in second and third, respectively.

The Top 10 Clean-Tech ranking, announced Wednesday at the Journal’s ECO:nomics Executive Conference in Santa Barbara, Calif., seeks to identify green companies with the greatest potential to succeed in an increasingly competitive sector.

Read full story at The Wall Street Journal

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