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Mainspring Energy, a distributed power generation startup, gets Series D

On Tuesday, Mainspring Energy, an energy technology startup in the emerging field of onsite power generation, announced that it has received a Series D venture capital round of $95 million. The investment round was led by Devonshire Investors, the private equity firm affiliated with Fidelity Investments parent company FMR LLC, along with Princeville Capital, 40 North Ventures, and Chevron Technology Ventures. Existing investors Khosla Ventures, Bill Gates, ClearSky, AEP, KCK, and Equinor re-up...
Eric Kosmowski John Ketchum Shyam Kamadolli Bill Gates Shannon Miller Fidelity Investments

Varcoe: 500 new jobs for Calgary — and a much-needed win for a city on the mend

Today is not one of those days. On Wednesday afternoon, multinational information technology firm Infosys will announce 500 new jobs are coming to the city in the next three years. The India-based company, which has a mammoth market capitalization of US$77 billion and provides digital services and consulting around the planet — it already has more than 2,000 Canadian employees — will create an innovation and tech hub in the city to serve clients in Canada and the United States. Just a...
United States United Kingdom John Redfern Pedro Antunes Chris Varcoe Azin Ghaffari Postmedia

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