Showing posts with label Arison Water Initiatives. Show all posts
Showing posts with label Arison Water Initiatives. Show all posts

Saturday, April 25, 2009

Miya Water partners with Michigan on "Green Jobs for Blue Waters" initiative

Miya Water is partnering with the State of Michigan, the Detroit Water and Sewage Department, and the city of Farmington Hills to set up pilot demonstration projects to lower the amount of water lost through Michigan's aging municipal water systems.

The so-called "Green Jobs for Blue Waters" initiative was unveiled last week by Lt. Gov. John Cherry. The goal is to eventually broaden out the program and establish a Michigan training center to help create new jobs in fields like engineering, manufacturing, installation and maintenance.

"As these projects expand, we will train more Michigan workers and develop expertise that we can export nationally and globally as well," Lt. Gov. John Cherry said in unveiling the initiative.

"No question, it's a business opportunity, but we see it as a business opportunity for Michigan as well," said Booky Oren, Miya's President and CEO. "I think that when you are dealing with efficiency, you create more from existing resources."

Most water system operators make "major mistakes" in seeking to immediately replace pipes when leaks occur, he said.

"By controlling pressure, you immediately reduce the water loss amount and only after that you have a lot of data (about) what's going on, and then you begin to prioritize where you replace pipes," Oren said.

Miya, based in Tel Aviv, specializes in developing urban water-loss technology. Miya’s mission is to help the cities of the world benefit from the huge opportunity presented by water loss reduction and effective management of urban water. Miya’s offering presents a comprehensive water loss solution for municipalities, from audit of the city’s water system to full project execution and maintenance.


According to a report in the Michigan Business Review, The Detroit Water and Sewerage Department provides an average of 675 million gallons of drinking water per day to nearly 4 million customers across 1,079 square miles in Southeast Michigan.

While amounts of loss vary according to location and age of the system, the department's latest estimate is that it loses an average of 9 percent of its drinking water supplies to leaks, said Pam Turner, interim director.

"This is treated water that we're losing out of the system," she said.

Miya workers will initially staff the two pilot projects, Oren said.

"No question that as soon as possible we need to find the right partners. Most of the jobs need to be by the local (companies) or even employees of the local utility," he said.

The project resulted from Gov. Jennifer Granholm's economic investment trip to Israel in November and a corresponding partnership agreement she signed with Deputy Prime Minister Eli Yishai.

"We have to understand that there is this nexus between water and energy," said Cherry, who leads a joint Michigan-Israel water technology working group. "This initiative is the next step in that progression to a new Michigan - alternative energy, blue water and on and on as we build the dream of a Michigan future.

"Ultimately what our goal here with this initiative is to put Michigan in the position of global leadership and expertise with water management systems."

Sunday, March 1, 2009

AqWise wins EU Eureka grant to develop wastewater treatment system

AqWise, a Herzliya, Israel-based wastewater treatment company, has won a €2 million grant from the European Union Eureka R&D program.

The funds, to be shared with AqWise's Dutch partners Agriton B.V., Westt, Aquaexplorer, and Noordelijke Hogeschool Leeuwarden, will be used to develop a combined anaerobic and aerobic reactor system for treating wastewater

AqWise will develop a dynamic anaerobic aerobic reactor ("DANA") that will allow the integration of anaerobic and aerobic processes in one vertical configuration. Under the terms of the agreement, Aqwise will develop the system and its Dutch partners will integrate it.

The system is designed to help sewage treatment companies reduce the number of treatment tanks in a wastewater treatment plant.

Details of the grant are available here on the Eureka web site.

AqWise was founded by Eytan Levy and Ronen Shechter, now the CEO and CTO, respectively, of microbial fuel cell startup Emefcy.

Aqwise's investors include Israel Cleantech Ventures, Elron Electronic Industries Ltd., and Mexico-based steel company (and AqWise customer) AHMSA.

Related Posts:

AqWise to supply technology to wastewater treatment facility in Israel


Israel Cleantech buys 11% of AqWise

AqWise founders start new cleantech venture

Tuesday, February 3, 2009

Emefcy signs collaboration agreements, raising Series A funds

Emefcy, a microbial fuel cell startup based in Caesarea, Israel, recently signed collaboration agreements with several potential clients. The companies will participate in Emefcy's pilot program in 2009 and will potentially have Emefcy's system installed in their plants in 2010, according to reports by the company.

Emefcy, co-founded by serial entrepreneurs Eytan Levy and Ronen Shechter, is developing the MEGAWATTER™ technology. This technology produces low cost electricity (at $0.10/kWhr) and hydrogen in a bio-electro-chemical process from wastewater treatment by leveraging Microbial Fuel Cell (MFC) technology. Emefcy's technological breakthrough is focused on the development of electrode materials and structure that feature durability, high power output and low cost.



Levy and Shechter, who previously founded wastewater treatment company AqWise, have already received venture funding from Israel Cleantech Ventures, and Greentech Media has detailed Levy's efforts to raise $3.5-5.0m in a Series A funding round. CEO Eytan Levy plans to be on the East Coast in February and March for meetings with potential investors. On February 26th, Levy will speak at a public event at MIT organized by the Boston Israel Cleantech Alliance.

Emefcy's Scientific Advisory Board includes Prof. Bruce Logan of Pennsylvania State University, Prof. Derek Lovely of the University of Massachusetts (Amherst) and Prof. Bruce Rittmann, Director of the Biodesign Institute at the University of Arizona.

More information about Emefcy's MEGAWATTER™ system and Emefcy's business plan is available in this online video, in this company presentation, and in past reports by the Jerusalem Post and Israel21c.

Related Posts:

Israel Cleantech buys 11% of AqWise


AqWise founders start new cleantech venture

Sunday, August 3, 2008

Bloomberg: "Blooming Deserts Turn Israeli Water Industry Into Money Magnet"

Bloomberg.com recently published a positive article about the prospects for Israel's water industry.

According to Bloomberg, "Some 300 Israeli companies make equipment to deliver water or purify it with lasers or diffusion, putting them in a position to profit as climate change, population growth and food shortages strain supplies. With agriculture accounting for about two-thirds of global water use, the Israeli government predicts overseas sales of the technology will top $10 billion by 2017."

The article mentions Netafim, a world leader in irrigation solutions; Amiad Filtration Systems, which will help manage sewage treatment at the Beijing Olympics; and Desalitech, a Tel Aviv-based startup that has apparently invented a way to take salt out of water using 20 percent less energy than standard reverse osmosis.

The article also includes interviews with Nir Belzer, managing partner at the AquAgro Fund, and Oded Distel, director of NewTech, Israel's national program to promote water technologies.

Tuesday, April 1, 2008

U.S. Army venture fund looks to Israel for water technologies

Christopher Fountas, a General Partner at Arsenal Venture Partners, was recently in Israel to examine the potential for investment in early-stage water technology companies.

Arsenal Venture Partners is a leading venture capital firm focused on the intersection of the commercial and defense markets. AVP manages an early-stage venture capital fund (OnPoint Technologies), and a seed-stage venture fund (MILCOM Technologies). It already has an extensive cleantech portfolio and co-invests with many of the leading venture capital funds and corporate investors in the sector.

According to a report in "Globes", Fountas was invited to Israel by Dr. Orna Berry, a venture partner at Gemini Israel Funds, as well as Chairperson of the Israel Venture Association and former Chief Scientist of the Ministry of Industry and Trade; and Assaf Barnea, CEO of the Kinrot Water Technology Incubator.

Fountas said, "We manage investments in technologies for the US Army to meet needs that arise in wartime, such as during operations in Iraq, and for the government and industrial markets. We've come to Israel with the understanding that it’s a global leader in water technologies."

Joining Fountas on his trip to Israel was Melissa Meeker, a governing board member of the South Florida Water Management District (SFWFD). According to Meeker, Florida is reviewing the establishment of a state venture capital fund for cleantech.

During their visit, Fountas and Meeker met with Mekorot - the Israel National Water Company; executives at venture capital funds including Gemini, Evergreen Venture Partners, and Israel Cleantech Ventures; and Booky Oren, President of the Arison Water Initiative.

Summarizing his visit to Israel, Fountas said, "The water technologies that generally interest us are those that are synergetic to US Army and federal government needs.... All the water sectors relevant to us for investment are found here, from water security through water treatment and management, to desalination."

Saturday, March 29, 2008

Environmental technology symposium at Tel Aviv University

On April 8, 2008, The Porter School of Environmental Studies (PSES), together with Ramot, the technology transfer company of Tel Aviv University (TAU), will hold a symposium on environmental technology research being carried out at TAU.

I had an opportunity to speak with the chair of the symposium, Dr. Eli Galanti, who is the Research Coordinator at PSES. According to Dr. Galanti, "The symposium will be aimed at giving a platform to the sizable number of studies in this field that have taken place at the university in recent years, and introducing researchers to interested parties from industry, government and the financial sector."

Dr. Galanti "anticipates that the symposium will enable participants to establish contacts in order to facilitate funding opportunities and commercialization options."

The program will include three different sessions, each featuring multiple researchers from TAU and chaired by a leading Israeli cleantech investor.

The first session, "Finding Alternative Energy: From solar and wind power to biofuels and hydrogen", will be chaired by Chen Altshuler, Director of Research at Altshuler Shaham, one of the leading investment houses in Israel. It was the first investment house in the region to establish a "green mutual fund" and is a major shareholder of "Ecocycle", a holding company which owns a green incubator and invests in private and very early stage green companies.

The second session, "Identifying Environmental Stresses: Water, air and soil", will be chaired by Booky Oren, President and CEO of the Arison Water Initiative, a $100m water-focused holding company. Mr. Oren was formerly CEO of the Mekorot, the Israel National Water Company.

The third session, "Improving the Environment: Remediation, rehabilitation, and smart agriculture", will be led by Jack Levy, General Partner at Israel Cleantech Ventures.

A complete program and list of presenters, and information about how to RSVP, is available online at the PSES web site.

Monday, February 11, 2008

Arison Water Initiative completes Dorot acquisition

Arison Water Initiative today completed the acquisition of 96% of Dorot Water Technologies Ltd. for NIS 106 million, reflecting a company value of NIS 130 million, and disclosed details of the takeover, ending months of leaks to media. Kibbutz Dorot will continue to own 4% of the water valves and meters, filters, and irrigation equipment manufacturer, and its CEO, Avi Harpaz, will keep his job.

Arison Water Initiative disclosed that its business plan was approved in June 2007 and that it has been making investments in Israel and other countries since then. Former Mekorot National Water Company CEO Baruch "Booky" Oren is the CEO of the $100 million venture.

Arison Water Initiative said that Dorot Water Technologies, which was founded over 60 years ago, has been growing by 20% a year since 2002 as it established its range of valves and meters for agriculture and municipal water systems. 80% of the company's output is exported. The company has 220 employees.

Last month, Arison Water Initiative made its second investment: a $250,000 venture capital investment in StreamControl Ltd., which develops a comprehensive solution for leakage reduction by pressure management

Tuesday, January 29, 2008

Advanced Desalination Technologies raises $4 million from AquAgro Fund

AquAgro Fund, a cleantech venture capital fund affiliated with Gaon Agro Industries Ltd., has made its first investment. Sources inform ''Globes'' that it is investing $4 million in Advanced Desalination Technologies Ltd.

Advanced Desalination Technologies -- now renamed Desalitech --has reportedly completed a pilot at a municipal facility. Desalination and improving wells are two fields where every saving is essential, and the company's reverse osmosis technology is designed to greatly improve the efficiency of desalination.

AquAgro managing partner Nir Belzer declined to comment on financial matters, but confirmed that an investment had been made. He added that a major international fund was considering investing in Advanced Desalination Technologies. He said that the investment in the company was in line with the fund's policy of investing in companies with proven technologies undergoing pilot programs prior to commercialization.

Advanced Desalination Technologies is a family firm founded by Prof. Avi Efrati, and his son, Nadav Efrati, who will shortly take over as CEO. The company employs subcontractors, and raised $2 million prior to AquAgro's investment. The company has no website.

AquAgro invests in late-stage cleantech ventures. Its founder and chairman, Benjamin Gaon, is the chairman of Gaon Agro and its parent company, B. Gaon Holdings Ltd.. The fund has raised $40 million, and plans to close on $100 million by the end of 2008.