CalStar raises $15 million for growth (Milwaukee)
CalStar Products Inc., a California company that operates a green brick plant in Caledonia, Wis., said Thursday that it has closed a $15 million equity investment to fund the growth and expansion of its green building materials business.
Nth Power, a San Francisco venture capital fund focused on energy and clean-tech investing, led the equity round that includes new investors The Westly Group, of Menlo Park, Calif., and Clearpoint Capital as well as continuing investors Foundation Capital and EnerTech Capital.
Newark, Calif.-based CalStar opened its first "green" brick and paver plant in the village of Caledonia in January.
Read the full story in the Milwaukee Business Journal.
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