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
Showing posts with label CheckLight. Show all posts
Showing posts with label CheckLight. Show all posts
Saturday, April 25, 2009
Monday, July 21, 2008
Whitewater raises $7.1m from Leon Recanati
Whitewater, a water technology investment company owned by Ori Yogev and Hana Gertler, announced today that it will raise NIS 24m ($7.1m) from Gmul Investment Co. Gmul is controlled by Leon Recanati, a leading Israeli investor.
The investment is for 18.2% of Whitewater, at a company value of NIS 108 million ($40 million).
The money to be invested in Whitewater will be used to further the company's strategy to increase its holdings in a number of its Israeli subsidiaries: Galcon, which specializes in computerized irrigation systems; Checklight, which specializes in real-time water quality monitoring; and Whitewater Well, which specializes in water-drilling technology.
Whitewater also intends to invest in water technology companies in North America and Europe with significant growth potential.
Commenting on the investment, Ori Yogev told "Globes" that "Gmul has an asset that we're very interested in: a stake in the Nahariya sewage treatment plant, which is a very modern facility. It's very important for us to be able to use this facility as beta site for our sewage treatment technologies. This part of the deal isn't final, however."
As part of the deal, Whitewater has undertaken to acquire 23% of TGA Western Galilee Infrastructures LP, in which Gmul owns 44.9%, for NIS 10 million. TGA owns the Nahariya sewage treatment plant.
Yogev notes, "The growing global water crisis has generated unprecedented demand for innovative Israeli water technologies. The present investment will speed up the company's penetration into the North American and European markets, and will enable us to exploit potential opportunities in the global water technology market."
Gmul Investment's Chairman, Moddi Keret, said: "The water technology field is benefiting presently from huge investments, and is expected to become one of the growth forces in the world's economy."
The investment is for 18.2% of Whitewater, at a company value of NIS 108 million ($40 million).
The money to be invested in Whitewater will be used to further the company's strategy to increase its holdings in a number of its Israeli subsidiaries: Galcon, which specializes in computerized irrigation systems; Checklight, which specializes in real-time water quality monitoring; and Whitewater Well, which specializes in water-drilling technology.
Whitewater also intends to invest in water technology companies in North America and Europe with significant growth potential.
Commenting on the investment, Ori Yogev told "Globes" that "Gmul has an asset that we're very interested in: a stake in the Nahariya sewage treatment plant, which is a very modern facility. It's very important for us to be able to use this facility as beta site for our sewage treatment technologies. This part of the deal isn't final, however."
As part of the deal, Whitewater has undertaken to acquire 23% of TGA Western Galilee Infrastructures LP, in which Gmul owns 44.9%, for NIS 10 million. TGA owns the Nahariya sewage treatment plant.
Yogev notes, "The growing global water crisis has generated unprecedented demand for innovative Israeli water technologies. The present investment will speed up the company's penetration into the North American and European markets, and will enable us to exploit potential opportunities in the global water technology market."
Gmul Investment's Chairman, Moddi Keret, said: "The water technology field is benefiting presently from huge investments, and is expected to become one of the growth forces in the world's economy."
Monday, May 19, 2008
CheckLight receives urgent Chinese order following earthquake
"Globes" reports that the Chinese State Environmental Protection Agency has placed an urgent order for drinking water pollution testing kits with CheckLight Ltd., a subsidiary of Whitewater Technology Group. The Chinese will use the kits to detect the presence of possible toxins in drinking water sources in earthquake-ravaged Szechuan Province. The quake also damaged chemicals factories. The kits will be flown by special delivery this week.
Several weeks ago, CheckLight announced that it had received an order for 36 kits from the Chinese government. The Chinese placed an additional urgent order for immediate delivery following the earthquake. The kits will help in the rehabilitation of the quake-hit areas and prevent a worse humanitarian catastrophe by identifying contaminated water sources and directing people to safe sources. CheckLight is reportedly reorganizing for the delivery and postponing other orders.
Related content:
CheckLight raises up to $3.5 million from WhiteWater
China's Director of Water Resources Management: "We should learn from Israel"
Israeli water tech co. Blue I bound for Olympics
Several weeks ago, CheckLight announced that it had received an order for 36 kits from the Chinese government. The Chinese placed an additional urgent order for immediate delivery following the earthquake. The kits will help in the rehabilitation of the quake-hit areas and prevent a worse humanitarian catastrophe by identifying contaminated water sources and directing people to safe sources. CheckLight is reportedly reorganizing for the delivery and postponing other orders.
Related content:
CheckLight raises up to $3.5 million from WhiteWater
China's Director of Water Resources Management: "We should learn from Israel"
Israeli water tech co. Blue I bound for Olympics
Monday, March 10, 2008
CheckLight raises up to $3.5m from Whitewater
Water technology investment company Whitewater has confirmed a report by "Globes" from October 2007 that it is investing in water security start-up CheckLight Ltd.
Microbiologist Prof. Shimon Ulitzur of the Technion founded CheckLight, together with his daughter, Dr. Nirit Ulitzur, in 2001. The company’s technology uses light-emitting bacteria to identify pollutants in water in real time.
"Globes" reports that Whitewater's investment in CheckLight will be in made in stages. $1.75 million will be invested over the next 18 months, depending on milestones, the most important of which is the commercial launch of the company’s second-generation product. Whitewater has an option to double the investment to $3.5 million over three years, which will give it control of CheckLight.
According to the company, CheckLight's added value is its ability to warn about pollutants in real time, enabling preventative action to avoid unnecessary closing of water sources. Its technology is reportedly one of only eight recognized by the US Environmental Protection Agency (EPA).
Whitewater is managed by Chairman Ori Yogev and Co-Founder Hannah Gertler.
Microbiologist Prof. Shimon Ulitzur of the Technion founded CheckLight, together with his daughter, Dr. Nirit Ulitzur, in 2001. The company’s technology uses light-emitting bacteria to identify pollutants in water in real time.
"Globes" reports that Whitewater's investment in CheckLight will be in made in stages. $1.75 million will be invested over the next 18 months, depending on milestones, the most important of which is the commercial launch of the company’s second-generation product. Whitewater has an option to double the investment to $3.5 million over three years, which will give it control of CheckLight.
According to the company, CheckLight's added value is its ability to warn about pollutants in real time, enabling preventative action to avoid unnecessary closing of water sources. Its technology is reportedly one of only eight recognized by the US Environmental Protection Agency (EPA).
Whitewater is managed by Chairman Ori Yogev and Co-Founder Hannah Gertler.
Subscribe to:
Posts (Atom)
