Previous 76West Competition winners are already contributing to the region's successful cleantech ecosystem, having already raised $20 million in private capital for future growth and creating new jobs.
See below for more information on recent accomplishments of previous winners.
Micatu, Inc. ($1 million grand prize winner – 2016)
Makes an optical sensor that gives highly accurate voltage and current readings so utilities can reduce energy use, thereby reducing greenhouse gas emissions.
- Since winning the first 76West competition, Micatu has purchased goods and services from nearby vendors totaling $430,000, a significant jump in business with local vendors over the previous year.
C4V ($500,000 award winner – 2016)
Produces batteries that can be used for telecommunications systems and other industries that need energy storage with longer life-times so they reduce overall cost.
- C4V was named as one of three companies to spearhead Imperium3 New York, a consortium of energy storage businesses that will establish research and development and production operations at the Huron Campus in Endicott (Broome County). The consortium will invest more than $130 million and create at least 230 new jobs over the next five years.
Global Thermostat ($250,000 award winner – 2016)
Captures carbon dioxide directly from the air, thereby reducing greenhouse gases, then purifies it and sells it to industrial companies that need it for their manufacturing purposes.
- The company completed a $20 million investment round in 2017, with prominent private investors, including current investors. The company has also placed a significant order with Corning, Inc. (Corning, NY) for jointly-developed technology that will be incorporated into a new Global Thermostat Direct Air Capture plant in 2018.
ChromaNanoTech ($250,000 award winner – 2016)
Produces a dye that keeps windows transparent but blocks ultraviolet radiation, so buildings stay cooler and air conditioning loads are reduced.
- The company has tripled its manufacturing space in the Binghamton University START-UP NY zone and grown to 3.5 FTE. It has entered into of supply and strategic partnership agreements with Southern Tier companies, spending nearly $100,000.
DatArcs ($250,000 award winner – 2016)
Provides server software that reduces the energy consumption of data centers while maintaining system performance.
- The company has entered into strategic relationships to deploy its data center energy efficiency software with Mellanox, a leader in high performance computing networks, and with Packet, a leading cloud provider.
Besstech LLC ($250,000 award winner – 2016)
Manufactures silicon components that make energy storage batteries cheaper, fast charging and more environmentally friendly.
- The company has moved its headquarters to Binghamton from Troy, New York, and negotiated a license for its battery technology with a New York based company.
Skyven Technologies ($1 million grand prize winner – 2017)
Uses solar heating techniques to reduce fossil fuel consumption in agriculture and other industries
- Arun Gupta, founder and CEO of Skyven Technologies LLC, recently participated in bigBANG!, an event in Dallas, Texas focusing on impact investing.
SunTegra ($500,000 award winner – 2017)
Develops solar products that are integrated into the roof to provide clean energy and an alternate look to conventional solar panels.
SolarKal ($250,000 award winner – 2017)
Provides a brokerage service to help businesses simplify the solar purchasing process.
- The company has hired a professional broker in the Southern Tier and was selected to participate in the U.S. Department of Energy SunShot Initiative's Solar in Your Community Challenge, a $5 million initiative to expand solar access across the United States. Over the next 18 months, SolarKal will focus on enhancing solar services to non-profits and community centers.
EthosGen ($250,000 award winner – 2017)
Captures and transforms waste heat to resilient, renewable on-site electric power.
- EthosGen has moved its entire research and development operation from Wilkes-Barre, Pennsylvania to NYSERDA's incubator in the Southern Tier at Binghamton University.
Biological Energy ($250,000 award winner – 2017)
Provides technology to increase wastewater treatment capacity and reduce energy use.
Visolis ($250,000 award winner – 2017)
Produces high-value chemicals from biomass instead of petroleum which reduces greenhouse gases.