Energy Technology Ventures Backs Israel’s Emefcy
Energy Technology Ventures – a joint venture between GE, NRG Energy and ConocoPhillips – is backing Israel-based Emefcy Ltd., the companies announced Tuesday. Emefcy’s technology is designed to turn wastewater treatment into an energy-generating process. The company’s technology uses naturally occurring bacteria in an electrogenic bioreactor to treat wastewater and produce energy. Energy Technology Ventures was joined in the funding round for Emefcy by Pond Venture Partners, Plan B Ventures and Israel Cleantech Ventures. Financial details were not disclosed.
28 June 2011•4 mins read
