TGE Tech Turns Trash into Electricity; Plans Pilot Programs

Maayan Venture’s portfolio company TGE Tech has “developed and patented a system whereby unrecycled refuse can be converted into fuel with a special patented device that turns garbage into gas – syngas, a well-known element that has some of the properties of gas, oil and coal,” according to Israel21c. The technology addresses a huge environmental problem — trash — whlie at the same time supplying “green energy”. While not as efficient as oil or coal, the electricity provided by TGE can be sold at a premium as part of government incentive programs.

A pilot program near Tel Aviv has been setup and a much larger program in Israel is being planned that will convert up to 200 tons of garbage per day into electricity. More systems are being planned for some South American and European countries.

Check out the full article here.

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Israel Delivers: TechnoSpin, Gizmox, Endogun, Applicure

Today Israel’s innovators made all kinds of headlines from cleantech to medical devices to software security.

Let’s start with TechnoSpin. The four year old startup has raised $8 million from US VC 21 Ventures. They develop and produce rotors for small wind turbines which, it claims, are cheaper to produce and more easily assembled than competitor’s products, and can be operated on 80% of the earth’s surface – not just in high-wind areas. TechnoSpin also develops wind turbine gears which produce torque that is then converted into electrical power. Check out an interview with the CEO, Maxim Rakov.

 

Next on the list is Gizmox. This 2006-formed web application design startup announced today that it has reached an agreement to market its software through Microsoft marketing platforms. The Maayan Ventures portfolio company will use its Ajax-based environment for running web applications to enhance Microsoft’s Visual Studio environment development partnership program.

 

Then there’s Endogun Medical Systems. The 2004-founded graduate of Meytag Technology Incubatorand now Biomedix Incubator portfolio company has announced FDA approval for its internal soft-tissue fastening solution. This procedure, a key element of many Minimally Invasive Surgeries (MIS), is difficult to perform. Endogun’s technology, apparently, makes MIS procedures more safe, effective and simpler to perform.

 

Finally, Applicure Technologies released a statement via email that it has signed an agreement with British Trafalgar Capital Management for an investment of up to $5 million over a three year period. The four year old company, which is still negotiating with other investors in Israel and abroad for additional financing, creates software-based products for web application security and database compliance.