A daily newsletter summarizing recent activity & interesting startups in the energy storage sector globally
RECENT NOTABLE ACTIVITY – WASTE & WATER MANAGEMENT
- Origin Materials, developer of technology to convert waste cardboard and sawdust into PET plastic, raises $40M from Nestle and Danone. Link
- Orbital Systems, maker of water-saving showers, raises $18.7M from a group of investors including Niklas Zennstrom, co-founder of Skype, to finance its expansion plans. Link
- Bibby Financial Services provides $3.5M confidential line of financing to a Canadian waste management and industrial services company. Link
- Pluto AI, a smart water management analytics platform raises $2.1M funding. Link
- Axine Water receives $1M from the Government of Canada’s Western Innovation Initiative to deploy its electrochemical oxidation technology for treating toxic wastewater. Link
- MDF Recovery, developer of technology to recycle waste MDF to wood fiber, raises $305k from Suez. Link
- BottleRocket, provider of recyclable waste collection services, raises $260k from Mucker Capital and Dorm Room Fund. Link
- Wind River Environmental receives investment from Gryphon Investors. Link
- Innovyze, a water infrastructure modeling and simulation software solution provider, to be acquired by alternative investments firm, EQT for $270M. Link
- Rockwater Energy Solutions and Crescent Companies merge to create a water management services company. Link
SOME INTERESTING STARTUPS FOUND
CarboCycle (Undisclosed, 2016, NYC) – Developed and patented a technology to upcycle organic waste into oils and lipids. The products have a wide range of application as a replacement for vegetable oils and industrial oils.
LEADER BOARD – WASTE & WATER MANAGEMENT
Waste Management – Integrated
Sepur (1965, Plaisir, $158M) – Offers integrated waste management services including collection, transportation and processing. Backed by Fondations Capital.
Waste Management – Collection – On-demand Collection
Rubicon Global (2008, Atlanta, $138M) – On-demand waste collection and management service. Backed by Goldman Sachs, Claritas Capital, Nima Capital, Tudor Funds, Wellington Management and others.
Waste Management – Treatment – Processing – Waste-to-energy
Stormfisher (2006, London, $350M) – Builds, owns and operates facilities which use food waste, industrial and agricultural waste and convert them into clean energy like Biogas. Backed by Denham Capital.
Waste Management – Treatment – Processing – Composting
Beijing Goldenway Bio-Tech (2001, Beijing, $12M) – Develops compost and organic fertilizers from solid waste. Backed by Tsing Capital.
Waste Management – Treatment – Recycling
HYLA Mobile (2009, Farmers, $140M) – Collects, processes, recycles and redistributes used mobile phones which are used to produce new devices. Backed by Silver Lake, SJF Ventures, KPCB, RRE Ventures and others.
Waste Management – Enablers – Software
AMCS (2003, Limerick, $103M) – Offers end-to-end ERP solution for recycling and waste management industry. Backed by Insight Venture Partners, Ireland Strategic Investment Fund, Highland Capital Partners Europe, Investec and others.
Waste Management – Enablers – Hardware
Enevo (2010, Espoo, $27M) – Smart sensor network and devices for waste container monitoring. Backed by Finnish Industry Investment, Draper Associates, Lifeline Ventures, Foxconn and others.
Water & Wastewater Management – Treatment – Municipal Wastewater
Darco Water (1999, Singapore, IPO) – Develops wastewater treatment systems for municipal applications. Went Public in 2002.
Water & Wastewater Management – Treatment – Industrial Wastewater
H2O Midstream (2015, Houston, $100M) – Offers solutions for wastewater treatment in the Oil & Gas industry. Backed by EIV Capital.
Water & Wastewater Management – Drinking Water
Waterhealth (1995, Irvine, $93M) – Installs and operate drinking water treatment facilities and supplies drinking water. Backed by IFC, Tata Capital, Acumen, Coca-Cola, Vital Capital Fund and others.
Water & Wastewater Management – Testing & Measurement
RedZone (1987, Pittsburgh, $52M) – Develops inspection technology and systems for municipal and industrial wastewater treatment plants. Backed by Innovation Works, ABS Capital Partners, Four Winds Capital and others.
Water & Wastewater Management – Smart Water Management
HydroPoint (2002, Petaluma, $68M) – Develops smart water management solutions for landscape irrigation applications for residential and large-scale applications. Backed by Monitor Ventures, RockPort Capital, Firelake Capital and others.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest updates visit Waste & Water Management feed.