Monday, March 1, 2010

CalStar Products Gets $15M

Newark, California-based CalStar Products, a developer of green building materials, including brick and hardscape pavers, said last week that it has raised $15M in an investment rond from Nth Power, along with The Westley Group, Clearpoint Capital, Foundation Capital, and EnerTech Capital. CalStar develops pavers which it says use 85 percent energy, and 85 percent less carbon dioxide in manufacturing. The firm's products are based on fly ash, rather than traditional clay or concrete. More information »