Tag Archives: Warburg Pincus

Xiu.com Raises $100 Million From Warburg and Kleiner Perkins


Xiu.com is a Chinese e-commerce website that sells luxury goods. The company has raised $100 million from Warburg Pincus LLC and Kleiner Perkins Caufield & Byers. Kleiner Perkins also put in $20 million into Xiu.com this past March.
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Idea Management Company Spigit Raises $10 Million


Spigit is an innovation management software company that has raised $10 million in equity from Warburg Pincus. This round of funding completes a $20 million investment round Warburg. This gives Spigit a total of $26 million in funding.
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Suniva Gets $141 Million Loan Guarantee From Energy Department

Silicon solar cell company Suniva has just received a $141 million loan guarantee from the U.S. Department of Energy.  Suniva joins the likes of other solar companies such as Solyndra and Brightsource Energy, who received $535 million and $1.37 billion respectively.  Suniva will use the loan to build a solar cell manufacturing facility in Michigan according to VentureBeat.  The Michigan plant could employ about 500 full-time positions and 2,000 temporary jobs.  Suniva’s goal is to develop solar cells that require less pricey silicon.  Suniva raised a total of $375 million in venture capital from Warburg Pincus, HIG Ventures, New Enterprise Associates, Advanced Equities, and Apex Ventures.. [VentureBeat]

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