Harvest Power raises $110 million in financing

   Harvest Power (Waltham, MA), a processor of organic materials into energy and fertilizer products, announced that it has raised $110 million in Series C financing. True North Venture Partners led the investment, with American Refining and Biochemical, Inc. participating alongside existing investors, including Kleiner Perkins Caufield & Byers, DAG Ventures, and Generation Investment Management. Harvest Power said that it will use the funding to expand its geographic coverage throughout North America. “By integrating organics recycling, renewable energy, and the production of soils, mulches, and natural fertilizers, Harvest has shown that we are a leader in a new kind of cleantech—one that lowers costs,” said Harvest Power CEO Paul Sellew.