Israel Cleantech Ventures

From Wikipedia, the free encyclopedia
MoreVC
IndustryVenture capital
Founded2006
Headquarters
Ra'anana
,
Israel
Number of locations
1
Websitewww.morevc.com

MoreVC, formerly known as Israel Cleantech Ventures, is an Israeli specialized venture capital firm founded in 2006 by Glen Schwaber, Jack Levy, and Meir Ukeles.[1] It was the first Israel-focused clean technology venture capital fund intent on providing growth capital to Israel's energy, water and environmental technology sectors.[2][3] It raised $75 million for its first fund in 2007 from investors that included Robeco and Piper Jaffray,[3] as well as institutional investors and family offices.

In February 2020, Israel Cleantech Ventures rebranded to MoreVC, claiming that its investments had expanded beyond clean technology. [4]

Portfolio companies[]

  • Aqwise — Working on increased treatment capacity and nitrogen removal in wastewater treatment plants.[5]
  • BrightView Systems — founded in 2007 to develop and bring to market process and production optimization technologies for the thin-film photovoltaic industry to enable solar-cell manufacturers to maximize panel efficiency and reliability as well as attain high-volume productivity.[6]
  • CellEra — Working on disruptive low-temperature fuel cell technology.[7]
  • CRE (Citrine Renewable Energy) — Developing systems converting biogas into high value biomethane.[8]
  • Emefcy — Utilizing microbial fuel cell (MFC) technology to produce electricity from the treatment of wastewater.[9]
  • FRX Polymers — has developed and is commercializing a family of novel non-halogenated (and therefore environmentally friendlier), transparent, high melt flowing, fire resistant plastics. FRX’s products are suitable as polymeric flame retardant additives and as “stand-alone” inherently flame retardant engineering plastics.[10]
  • Gro Intelligence — Gro Intelligence deciphers data through computational and visualization tools that enable global food security.[11]
  • Metrolight — Based in Netanya with an office in Franklin, Tennessee;[12] the company has established products on electronic ballast solutions for HID lighting systems.[13] It was 2008 Israeli Company of the Year at the Eagle Star Awards Gala by the American-Israeli Chamber of Commerce.[14]
  • Pythagoras Solar — Founded by Gonen Fink, Dr. Itay Baruchi, and Precede Technologies. Based in Hakfar Hayarok with an office in San Mateo, California, the start-up works with photovoltaic technology and builds "Medium" concentration solar cells using silicon.[15][16]
  • Scodix — provider of Digital Enhancement Presses for the printing industry[17]
  • Tigo Energy — hardware and software improving power output efficiency, management and control to photovoltaic solar installations[18]
  • Vayyar - a semiconductor company that develops intelligent radar sensors for 3D imaging[19]

References[]

  1. ^ Israel Cleantech Ventures management profile.
  2. ^ Israeli Greentech Companies Make Their Pitch, Jeff St. John, Greentech Media, November 11, 2008
  3. ^ a b Israeli funds look to clean technologies, Jessica Steinberg, International Herald Tribune, October 18, 2008; accessed December 22, 2008.
  4. ^ "You Cannot Make the World a Better Place at the Expense of Good Returns, Says Cleantech Investor". 18 February 2020.
  5. ^ Aqwise company page Archived 2009-05-29 at the Wayback Machine.
  6. ^ [1][permanent dead link]
  7. ^ "Archived copy". Archived from the original on 2008-12-11. Retrieved 2008-12-24.CS1 maint: archived copy as title (link) CellEra website
  8. ^ ICV Portfolio Page
  9. ^ Emefcy company site
  10. ^ "MoreVC".
  11. ^ "MoreVC".
  12. ^ VC firms looking for next wave of innovation, Linda Bryant, Nashville Business Journal, November 23, 2007.
  13. ^ Metrolight Archived 2008-12-26 at the Wayback Machine
  14. ^ Eagle Star Award company profiles Archived 2008-06-30 at the Wayback Machine
  15. ^ Pythagoras Solar Company Page; accessed 22 December 2008
  16. ^ 150 Solar Start Ups Archived 2008-12-24 at the Wayback Machine, Eric Wesff, Green Tech Media, December 4, 2008.
  17. ^ "Archived copy". Archived from the original on 2009-11-11. Retrieved 2009-12-10.CS1 maint: archived copy as title (link)
  18. ^ [2]
  19. ^ Klein-Leichman, Abigail (2018-01-05). "Israeli startups raised more than $5 billion in 2017". Israel21c. Retrieved 2019-09-17.

External links[]

Retrieved from ""