BioPetroClean, a Petah Tikva, Israel-based cleantech start-up specializing in biological wastewater treatment, recently announced the signing of an agreement with The Dow Chemical Company. Under a global commercial agreement, Dow will market the Dow BPC Water Treatment system to refinery and produced-water markets with exclusivity in various regions.
BioPetroClean’s Automated Chemostat Treatment (BPC-ACT) is an innovative approach to wastewater treatment, consisting of three elements: a bacteria cocktail customized for specific water types, a control unit, and a basin or tank that serves as the reactor. According to the Company, BioPetroClean's bioremediation solutions allow a wastewater treatment plant to increase its reliability and capacity while reducing cost of operations.
“The selection of the BPC solution by a worldwide leader such as Dow is a great endorsement from a company that can help us take advantage of the worldwide opportunity and enable massive deployment of our new and exciting technology,” said David Amir, CEO of BioPetroClean.
“Dow BPC Water Treatment technology has immense potential — for communities, the oil and gas industry, the environment and our business,” said Janet Giesselman, President and General Manager of Dow Oil & Gas. “We are committed to creating clean, sustainable water supplies. This is one more step toward solving this global challenge.”
Dow and BPC are working on a first field application of the Dow-BPC Water Treatment system.
BioPetroClean's investors include 21Ventures, a New York-based venture capital fund. BioPetroClean reportedly raised between $5 million and $8.5 million from 21Ventures and Quercus Trust in 2008.
Related Posts:
BioPetroClean raises funds from 21Ventures
Israel boasts 6 water startups, including Emefcy and AquaPure, in Artemis Project list
Showing posts with label BioPetroClean. Show all posts
Showing posts with label BioPetroClean. Show all posts
Friday, September 25, 2009
Saturday, April 25, 2009
Israel boasts 6 water startups, including Emefcy and AquaPure, in Artemis Project list
A list of the top water technology companies in the world, announced last week by the Artemis Project, includes six water startups based in Israel.
The Artemis Project, a California-based consultancy and research firm, sponsored the first Top 50 Water Companies Competition to identify the leading game-changing technologies that provide venture grade investment opportunities in the water sector. The companies were selected by a panel of experts based on an integrated matrix of four criteria: technology, intellectual property and know-how, team and market potential.
Israel's representatives in the Top 50 include:
#4 Emefcy: Emefcy, based in Caesarea, is the developer of the MEGAWATTER™ platform, a bio-electro-chemical process for electricity and hydrogen production using wastewater as a fuel. This technology addresses a market of industrial wastewater treatment plants in which anaerobic treatment is not applicable, thus expensive-to-operate aerobic treatment is applied. Emefcy currently runs several prototypes and plans to commence field piloting in Q3/2009. Emefcy raised a first round of financing from Israel Cleantech Ventures in 2007.
#7 AquaPure: AquaPure, based in Dalton, was founded in 2002 to provide the municipal and groundwater treatment markets with innovative and proprietary Non Thermal Plasma (NTP) technology to remove micro pollutants from contaminated drinking water. AquaPure has raised funds from Ludan Engineering and the Office of Chief Scientist. According to the company, AquaPure performed successful pilot testing in California, and scale up to a commercial beta unit test is scheduled to operate during Q1 and Q2 2009 in order to generate revenues starting Q1 2010.
#21 CheckLight: CheckLight, based in Kiryat Tivon, is developing, manufacturing and marketing cost effective, wide spectrum, automatic bioluminescencebased water quality tests for rapid screening and real-time water quality monitoring. CheckLight has raised up to $3.5 million from Whitewater Technology Group, an Israeli investment company.
#36 ProWell Technologies: ProWell Technologies, based in Tel Aviv, is the developer of "Air Shock", an innovative, non-destructive and environmentally friendly technology for water well rehabilitation, development and stimulation.
#48 Lesico CleanTech: Lesico CleanTech is a wholly owned subsidiary of the Lesico-Leshman Group, and specializes in the development and marketing of technologies for the treatment of industrial brine in general and for the treatment of brine at brackish water desalination facilities in Israel in particular. Current brine removal methods create severe environmental problems, contaminate water sources and soil, and face strict regulations that ban the expanded use of these methods. Lesico CleanTech, in cooperation with Ben-Gurion University and its Zuckerberg Institute for Water Research, has consequently developed technological solutions for the reduction of the volume of brine by means of accelerated evaporation and by recycling and reusing brine using electro-dialysis.
#49: BioPetroClean: BioPetroClean, based in Petah Tikva, specializes in bioremediation of industrial wastewaters. The company's Automated Chemostat Treatement (ACT) technology can be applied to a wide variety of sites, including oil refineries, terminals, drilling sites, marine ports, power stations, contaminated reservoires and storage tanks. BioPetroClean has raised $8.5 million from 21Ventures and Quercus Trust.
“The Artemis Project’s Top 50 Water Companies Competition winners have excelled in key strategic areas in the emerging advanced water technology sector,” said Laura Shenkar, Principal of The Artemis Project. “We are excited to spotlight these innovative companies for the first time on the world’s stage and congratulate them for their achievements in introducing the solutions that will reinvent the water landscape.”
"We are proud to be selected as one of the top five winners of the Artemis Project’s Top 50 Water Companies Competition" said Eytan Levy, Emefcy's co-founder and CEO. "It verifies our belief that our mission of applying a profitable, innovative new source of energy is on the right path," says Levy.
Related Posts:
Emefcy signs collaboration agreements, raising Series A funds
BioPetroClean raises funds from 21Ventures
CheckLight raises $3.5 million from Whitewater
The Artemis Project, a California-based consultancy and research firm, sponsored the first Top 50 Water Companies Competition to identify the leading game-changing technologies that provide venture grade investment opportunities in the water sector. The companies were selected by a panel of experts based on an integrated matrix of four criteria: technology, intellectual property and know-how, team and market potential.
Israel's representatives in the Top 50 include:
#4 Emefcy: Emefcy, based in Caesarea, is the developer of the MEGAWATTER™ platform, a bio-electro-chemical process for electricity and hydrogen production using wastewater as a fuel. This technology addresses a market of industrial wastewater treatment plants in which anaerobic treatment is not applicable, thus expensive-to-operate aerobic treatment is applied. Emefcy currently runs several prototypes and plans to commence field piloting in Q3/2009. Emefcy raised a first round of financing from Israel Cleantech Ventures in 2007.
#7 AquaPure: AquaPure, based in Dalton, was founded in 2002 to provide the municipal and groundwater treatment markets with innovative and proprietary Non Thermal Plasma (NTP) technology to remove micro pollutants from contaminated drinking water. AquaPure has raised funds from Ludan Engineering and the Office of Chief Scientist. According to the company, AquaPure performed successful pilot testing in California, and scale up to a commercial beta unit test is scheduled to operate during Q1 and Q2 2009 in order to generate revenues starting Q1 2010.
#21 CheckLight: CheckLight, based in Kiryat Tivon, is developing, manufacturing and marketing cost effective, wide spectrum, automatic bioluminescencebased water quality tests for rapid screening and real-time water quality monitoring. CheckLight has raised up to $3.5 million from Whitewater Technology Group, an Israeli investment company.
#36 ProWell Technologies: ProWell Technologies, based in Tel Aviv, is the developer of "Air Shock", an innovative, non-destructive and environmentally friendly technology for water well rehabilitation, development and stimulation.
#48 Lesico CleanTech: Lesico CleanTech is a wholly owned subsidiary of the Lesico-Leshman Group, and specializes in the development and marketing of technologies for the treatment of industrial brine in general and for the treatment of brine at brackish water desalination facilities in Israel in particular. Current brine removal methods create severe environmental problems, contaminate water sources and soil, and face strict regulations that ban the expanded use of these methods. Lesico CleanTech, in cooperation with Ben-Gurion University and its Zuckerberg Institute for Water Research, has consequently developed technological solutions for the reduction of the volume of brine by means of accelerated evaporation and by recycling and reusing brine using electro-dialysis.
#49: BioPetroClean: BioPetroClean, based in Petah Tikva, specializes in bioremediation of industrial wastewaters. The company's Automated Chemostat Treatement (ACT) technology can be applied to a wide variety of sites, including oil refineries, terminals, drilling sites, marine ports, power stations, contaminated reservoires and storage tanks. BioPetroClean has raised $8.5 million from 21Ventures and Quercus Trust.
“The Artemis Project’s Top 50 Water Companies Competition winners have excelled in key strategic areas in the emerging advanced water technology sector,” said Laura Shenkar, Principal of The Artemis Project. “We are excited to spotlight these innovative companies for the first time on the world’s stage and congratulate them for their achievements in introducing the solutions that will reinvent the water landscape.”
"We are proud to be selected as one of the top five winners of the Artemis Project’s Top 50 Water Companies Competition" said Eytan Levy, Emefcy's co-founder and CEO. "It verifies our belief that our mission of applying a profitable, innovative new source of energy is on the right path," says Levy.
Related Posts:
Emefcy signs collaboration agreements, raising Series A funds
BioPetroClean raises funds from 21Ventures
CheckLight raises $3.5 million from Whitewater
Tuesday, September 16, 2008
BioPetroClean raises funds from 21Ventures
Israeli water purification company BioPetroClean has closed its latest financing round, raising $5 million from 21 Ventures LLC, according to an announcement by the company and a report in "Globes".
BioPetroClean is developing bioremediation systems for cleaning waste water contaminated by oil and other pollutants, through a process called Active Chemostate Treatment (ACT). The company was founded in 2006 by chairman Hezi Marueli, CEO David Amir, and CTO Eugene Rosenberg, a world-renowned authority in the biological treatment of oil pollution and a professor at Tel Aviv University.
According to Globes, the money will be used by BioPetroClean to set up a sales network and fund several potential BOT projects.
BioPetroClean is developing bioremediation systems for cleaning waste water contaminated by oil and other pollutants, through a process called Active Chemostate Treatment (ACT). The company was founded in 2006 by chairman Hezi Marueli, CEO David Amir, and CTO Eugene Rosenberg, a world-renowned authority in the biological treatment of oil pollution and a professor at Tel Aviv University.
According to Globes, the money will be used by BioPetroClean to set up a sales network and fund several potential BOT projects.
"During the refining process, refineries produce large quantities of water, that they have to treat rather than pumping it out as effluent. We bring the quality of the water to a level that enables them to either pump it back out into the environment or improve its quality through a further treatment process to a level that will enable it to be used for irrigation or in industry," explains BioPetroClean director of business development Yael Barash.
The company's technology is currently being tested in a pilot project at a number of key facilities in Israel and other countries, and Barash gives as examples, two projects now underway in South Africa. One is at a refinery in Durban and the other was a one-time project carried out in cooperation with global energy giants BP and Shell. "We carried out a single cleaning project for them two months ago, and we're now working on the terms of a contract with them for a larger project," adds Barash.
As to the potential financial value of the contracts, Barash notes that at small sites, meaning tanker farms for ports, a project can range from $300,000 to $800,000. A facility at oil refineries and drilling sites, which are considered large sites, will cost $1-3 million. A single service (cleaning an accrued quantity of water at a specified site) will cost around $50,000 to $250,000.
Sunday, April 27, 2008
TechnoSpin Wind raises $8m from 21Ventures
TechnoSpin Wind has raised $8 million from US venture capital fund 21 Ventures, according to a report in "Globes". The company declined to disclose its valuation for the fund raising round.
TechnoSpin was founded in 2004 but not incorporated until the end of 2007 at the start of the latest funding round. The company was funded initially by its three founders, CEO Maxim Rakov, VP Business Development Natalie Barlev, and Vladimir Kotler, CTO and inventor of the company's technology.This is 21 Ventures' third investment in an Israeli cleantech startup, following previous investments in BPC BioPetroClean and 3GSolar (formerly OrionSolar).
TechnoSpin currently has two areas of activity. One is the development and production of rotors for small wind turbines which, theoretically, should also be suitable for use in large wind turbines. The company is already negotiating the first sales of these products which, it claims, are not limited to areas with strong winds, are cheaper to produce, and can be assembled anywhere in the world. TechnoSpin's small turbines will most likely compete with those produced by the industry's two leading players, Bergey Windpower Co., and Southwest Windpower of the US.
TechnoSpin's other field of activity is the development of wind turbine gears. Turbines are operated by a generator and a gearbox, which produce torque that is then converted into electrical power. The gearbox is, essentially, a mechanical mechanism which enables the torque to be generated with the minimum loss of power.
According to Rakov, "Our goal is to launch a pilot with the gear with 11 of the world's leading turbine manufacturers, and if it is a success, the sky's the limit, since it won't be limited solely to wind turbines, but will also be suited for use in aircraft, cars, washing machines, the mining industry, metalworking - any mechanical facility that produces electricity.
"As for the small turbine, we'll be making a launch in May when we erect the first product on our own roof. We've already had initial sales in this project. We're currently negotiating a number of sales with potential customers overseas while in Israel the interest is coming from potential distributors," Rokov told Globes.
TechnoSpin was founded in 2004 but not incorporated until the end of 2007 at the start of the latest funding round. The company was funded initially by its three founders, CEO Maxim Rakov, VP Business Development Natalie Barlev, and Vladimir Kotler, CTO and inventor of the company's technology.This is 21 Ventures' third investment in an Israeli cleantech startup, following previous investments in BPC BioPetroClean and 3GSolar (formerly OrionSolar).
TechnoSpin currently has two areas of activity. One is the development and production of rotors for small wind turbines which, theoretically, should also be suitable for use in large wind turbines. The company is already negotiating the first sales of these products which, it claims, are not limited to areas with strong winds, are cheaper to produce, and can be assembled anywhere in the world. TechnoSpin's small turbines will most likely compete with those produced by the industry's two leading players, Bergey Windpower Co., and Southwest Windpower of the US.
TechnoSpin's other field of activity is the development of wind turbine gears. Turbines are operated by a generator and a gearbox, which produce torque that is then converted into electrical power. The gearbox is, essentially, a mechanical mechanism which enables the torque to be generated with the minimum loss of power.
According to Rakov, "Our goal is to launch a pilot with the gear with 11 of the world's leading turbine manufacturers, and if it is a success, the sky's the limit, since it won't be limited solely to wind turbines, but will also be suited for use in aircraft, cars, washing machines, the mining industry, metalworking - any mechanical facility that produces electricity.
"As for the small turbine, we'll be making a launch in May when we erect the first product on our own roof. We've already had initial sales in this project. We're currently negotiating a number of sales with potential customers overseas while in Israel the interest is coming from potential distributors," Rokov told Globes.
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