LONDON, March 19, 2015 /PRNewswire/ -- CleanEquity® Monaco 2015, the forum for emerging cleantech and resource efficiency companies, hosted by the London based specialist investment bank Innovator Capital, closed on Friday, 6th March with the Awards Ceremony in the presence of H.S.H. Prince Albert II of Monaco.
An independent panel of judges, chaired by His Serene Highness, selected Emefcy as winner of the award for Excellence in the Field of Environmental Technology Development.
Mungo Park, Chairman of Innovator Capital commented: "Emefcy's ability to reduce energy consumption in wastewater treatment, so dramatically, is remarkable. Furthermore, it deployment of full scale demonstration and production facilities, over the previous 12 months makes it fully deserving of the judges' recognition."
Emefcy is an award-winning wastewater treatment company, pioneering the development and commercialization of disruptive energy-efficient and cost-efficient wastewater treatment and reuse products for decentralized applications. Emefcy's MABR (Membrane Aerated Bio-Reactor) saves 90% energy, in a modular, scalable, quiet & odor-free technology. Emefcy has demo plants up and running with good results and expects initial revenues already in 2015.
Emefcy also has another breakthrough technology, EBR (Electrogenic Bio-Reactor) that generates electricity from wastewater as a microbial fuel cell, which is still in the lab.
Emefcy's management team includes the founders of AqWise, whose wastewater treatment technology has now been successfully deployed at over 350 plants in 30 countries. The company is headquartered in Caesarea, Israel. Current investors are GE Ventures, Pond, True North, Plan-B and ICV.
Emefcy is currently raising its series D round.
"Emefcy is proud to be awarded by the prestigious CleanEquity 2015 Technology Innovation Award," said Eytan Levy, co-founder and CEO of Emefcy, "this adds global recognition to our vision of becoming a powerhouse of innovative wastewater treatment products."
CleanEquity thanks, in particular: Covington & Burling, Porter Novelli, Cranfield University, The Climate Group, PR Newswire, Clean and Cool Mission, the Oceanographic Museum of Monaco, the Prince Albert II of Monaco Foundation, the Monaco Chamber of Economic Development, the International University of Monaco and the Societe des Bains de Mer de Monaco.
CleanEquity Monaco will be returning to the Principality of Monaco in March 2016.
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SOURCE Innovator Capital