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 venture capital fund intent on providing

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mark ...

to Israel's energy, water and environmental technology sectors.Israeli Greentech Companies Make Their Pitch
Jeff St. John, Greentech Media, November 11, 2008Israeli 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 Robeco is an originally Dutch asset management firm, since 2013 part of Orix, founded in 1929 as the Rotterdamsch Beleggings Consortium (Rotterdam Investment Consortium). As of 2014, the company had €246 billion of assets under management. It ...

and

Piper Jaffray Piper Sandler Companies is an American independent investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management a ...

, as well as

institutional investors An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linke ...

and

family offices A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50-$100 million in investable assets, with the goal being to effectively grow and transfer ...

. In February 2020, it expanded its ventures into clean technology 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 se ...

removal in wastewater treatment plants. *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. It is a ...

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 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 ta ...

. *Scodix — Provides Digital Enhancement Presses for the printing industry * Tigo Energy — Works on hardware and software improving power output efficiency, management and control to photovoltaic solar installations * Vayyar - 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 ...

References

External links

* * (old) {{Venture capital firms Financial services companies established in 2006 Venture capital firms of Israel Solar power in Israel