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Press Release
Total Energy Ventures Invests in LightSail Energy Storage Technology

LightSail Energy announced today that it has raised additional capital in a second closing of its Series D funding, mostly from Total Energy Ventures, the corporate venture capital arm of French Oil and Gas major Total. Total Energy Ventures joins ... continue reading

Press Release
LightSail Energy Raises $37.3 Million From Peter Thiel, Khosla Ventures, Bill Gates, Innovacorp and Other Top Investors

LightSail Energy, a developer of breakthrough energy storage technology, announced today that it has raised $37.3 million in Series D funding led by San Francisco investor Peter Thiel. Khosla Ventures, which incubated the company and ... continue reading

Wall Street Journal
Peter Thiel, Bill Gates, Khosla Get Behind Energy Storage Start-Up LightSail in $37M Deal

A clean-tech start-up that thinks it has solved a problem that has vexed engineers for decades–how to effectively store energy generated by wind and and sunshine–has gained some heavyweight financial backers. An investment group that ... continue reading

Energy Harvesting Journal
Regenerative Air Energy Storage

Danielle Fong, Chief Scientist at LightSail Energy, has created a novel way to use tanks of compressed air for energy storage. Compressed air storage is not new but the problem with current methods is that compressing air creates heat energy ... continue reading

MIT Technology Review
Making Clean Energy Pay Off by Storing it as Squeezed Air

A stumbling block to increasing our reliance on electricity from cleaner energy sources such as solar panels and wind farms has always been figuring out how to efficiently store the energy for use when the wind isn't blowing and the sun isn't ... continue reading

Steam Punk: Danielle Fong

Danielle Fong was 12 years old when her mother decided she should go to college. Danielle's teachers didn't agree. Though an aptitude test put her above 99 percent of students who had already graduated from high school, her ... continue reading

Danielle Fong: Proving it's Not Impossible

In continuing the saga of successful drop outs, physicist Danielle Fong is in a class by herself. Fong is the chief scientist behind LightSail Energy, a Berkeley-based team that's developing compressed-air technology (with a twist) designed to ... continue reading

Mother Nature Network
Danielle Fong: Perfecting Green Energy Storage

Danielle Fong was only 19 years old when she founded a technology company with the goal of perfecting green energy storage and utilization. Not bad for a middle-school dropout – except that this dropout entered college at the age of 12 ... continue reading

30 Under 30: Danielle Fong

A two-time dropout, Fong is working on a potentially game-changing energy storage system backed by leading green tech investor Vinod Khosla. Fong dropped out of junior hihg as a 12-year-old to enter Dalhousie University in her hometown ... continue reading

Greentech Media
LightSail Shifts from Compressed Air Car to Grid Storage

Power plants don't move. That likely is one of the reasons stealthy startup LightSail Energy has shifted from trying to build a car that runs on compressed air to building a machine for energy storage. The Oakland, Calif.-based company, backed by ... continue reading