MoreVC, formerly known as Israel Cleantech Ventures, is a
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
firm founded in 2006 by Glen Schwaber, Jack Levy, and Meir Ukeles. It is a
clean technology
Clean technology, in short cleantech, is any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities. Cl ...
venture capital fund intent on providing
growth capital to Israel's energy, water and environmental technology sectors.
[Israeli Greentech Companies Make Their Pitch]
Jeff St. John, Greentech Media, November 11, 2008[Israeli funds look to clean technologies]
Jessica Steinberg, International Herald Tribune, October 18, 2008; accessed December 22, 2008. MoreVC receives funding from InnovFin, a company that provides equity investments to companies in their early stages of development.
In 2007 Israel Cleantech Ventures raised $75 million for its first fund from investors that included
Robeco and
Piper Jaffray,
as well as
institutional investors and
family offices.
In February 2020, it expanded its ventures into
clean technology
Clean technology, in short cleantech, is any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities. Cl ...
and rebranded to MoreVC.
Portfolio companies
*Aqwise — Working on increased treatment capacity and
nitrogen
Nitrogen is the chemical element with the symbol N and atomic number 7. Nitrogen is a nonmetal and the lightest member of group 15 of the periodic table, often called the pnictogens. It is a common element in the universe, estimated at seve ...
removal in
wastewater treatment plants
Wastewater treatment is a process used to remove contaminants from wastewater and convert it into an effluent that can be returned to the water cycle. Once returned to the water cycle, the effluent creates an acceptable impact on the environme ...
.
*BrightView Systems — Develops and brings to market process and production optimization technologies for the thin-film photovoltaic industry.
*CellEra — Working on disruptive low-temperature fuel cell technology.
*CRE (Citrine Renewable Energy) — Developing systems converting
biogas
Biogas is a mixture of gases, primarily consisting of methane, carbon dioxide and hydrogen sulphide, produced from raw materials such as agricultural waste, manure, municipal waste, plant material, sewage, green waste and food waste. I ...
into high value
biomethane
Renewable natural gas (RNG), also known as sustainable natural gas (SNG) or biomethane, is a biogas which has been upgraded to a quality similar to fossil natural gas and having a methane concentration of 90% or greater. By increasing the concentr ...
.
*Emefcy — Utilizing microbial fuel cell (MFC) technology to produce electricity from the treatment of wastewater.
*FRX Polymers — Developed and is commercializing a family of novel non-halogenated, transparent, high melt flowing, fire-resistant plastics.
*Gro Intelligence — Deciphers data through computational and visualization tools that enable global food security.
*Metrolight — Has established products on electronic ballast solutions for HID lighting systems.
*Pythagoras Solar — Works with
photovoltaic technology
A photovoltaic system, also PV system or solar power system, is an electric power system designed to supply usable solar power by means of photovoltaics. It consists of an arrangement of several components, including solar panels to absorb and co ...
and builds "Medium" concentration
solar cells
A solar cell, or photovoltaic cell, is an electronic device that converts the energy of light directly into electricity by the photovoltaic effect, which is a physical and chemical phenomenon. using
silicon
Silicon is a chemical element with the symbol Si and atomic number 14. It is a hard, brittle crystalline solid with a blue-grey metallic luster, and is a tetravalent metalloid and semiconductor. It is a member of group 14 in the periodic ...
.
*Scodix — Provides Digital Enhancement Presses for the printing industry
*
Tigo Energy
Tigo Energy is an American private corporation, headquartered in Campbell, California, United States. It provides products, technologies, software, and services to installers, distributors, and original equipment manufacturers within the photovol ...
— Works on hardware and software improving power output efficiency, management and control to photovoltaic solar installations
*
Vayyar
Vayyar Imaging Ltd. (Hebrew: ואיאר הדמאה בע"מ) is an Israeli semiconductor company that produces 4D imaging radar sensors. Initially developed to provide a more effective means of screening for early-stage breast cancer, Vayyar’s ...
- Develops intelligent radar sensors for
3D imaging
In computer vision and computer graphics, 3D reconstruction is the process of capturing the shape and appearance of real objects.
This process can be accomplished either by active or passive methods. If the model is allowed to change its shape i ...
References
External links
*
* (old)
{{Venture capital firms
Financial services companies established in 2006
Venture capital firms of Israel
Solar power in Israel