Follow the Green Money: RecycleBank Secures $28.25 Million, DOE Awards Auto X Prize $5.5 Million, Cambrios Tech. Raises $14.5 Million

RecycleBank (based in Philadelphia, PA) has secured $28.25 million to expand their incentives for curbside residential recycling.  RecycleBank works with local communities to reward citizens for the amount of post consumer packaging and other items they recycle.

The Progressive Automotive X prize for energy efficient vehicles has been awarded up to $5.5 million by the Department of Energy.  The prize provides an incentive to teams to create innovate technologies that increase automotive fuel efficiency

Cambrios Technologies (based in Sunnyvale, CA) has raised $14.5 million in investor funding to continue making their nano film for thin film solar panels.