New Clean Tech Accelerator Client: EnSolve Biosystems
PortTech Los Angeles announced the signing of its latest client, EnSolve Biosystems, a leader in developing and manufacturing clean technologies that turn oily water into clean water. EnSolve retained PortTechLA to build new client relationships in Southern California and connect with investors and funding opportunities.
“We received great coaching from PortTechLA as participants in the PortTechEXPO Pitch Competition where we won the Most Likely to Obtain Financing Award. They’ve been fantastic about promoting our company and developing business for us in the Los Angeles area,” said Jason Caplan, CEO of EnSolve Biosystems. “Thanks to PortTechLA and the EXPO we obtained funding for a new technology we’re developing called EnScrub. Now that this partnership is official we’re ready to jumpstart the next round of funding by connecting with angel investors in the beginning of 2013.”
EnSolve Biosystems produces and sells the PetroLiminator® Oil Water Separator, a type of biofilter containing environmentally friendly bacteria that cost-effectively purifies oily bilge water, which is the largest source of oil pollution in the oceans today. Their customers include owners of containerships, cruise ships, ferries, oil tankers, drill rigs and commercial fishing vessels. The company also developed a similar land-based technology called PetroClean® capable of treating everything from contaminated groundwater to waste water produced during hydraulic fracturing, commonly known as "fracking." EnSolve’s latest innovation is EnScrub™, a biofilter designed to treat hydrocarbons from sulfur oxide (SOx) scrubber systems which will soon be installed on ships globally due to new IMO regulations.
“EnSolve Biosystems has a proven track record of developing great clean technologies. As a business accelerator client, we look forward to helping them bring their new clean technology to market,” said Jeff Milanette, Executive Director of PortTechLA. “Our main goal is to help them connect with investors and funding for the EnScrub biofilter currently undergoing field tests here in the port. This clean water technology is very promising and has already received two Innovation Research Grants from the National Science Foundation.”
Caplan founded EnSolve Biosystems 18 years ago when he realized there was an untapped market for treating and cleaning oily bilge waste water. Shipping companies were being fined $28 to $38 million for polluting, but there wasn’t a way to naturally clean water contaminated with oil. At the time, the only treatment systems available used harsh chemicals that left water only partially treated. Since the company started selling PetroLiminators to shipping companies, not one EnSolve Biosystems customer has been fined by a regulatory agency.
About PortTechLA: PortTech Los Angeles (www.porttechla.org), a commercialization center and incubation program, promotes and develops companies with technologies that enable enterprises and consumers to meet their immediate and future environmental, energy, security and logistics goals. PortTechLA is an integral component in the Clean Tech Los Angeles Initiative, a founding member of the Business Incubation Network of Southern California and is a member of the National Business Incubation Association. The incubator is located adjacent to the Port of Los Angeles in the heart of the San Pedro Business Improvement and Arts, Culture and Entertainment Districts.
About EnSolve Biosystems: EnSolve Biosystems (www.ensolve.com) manufactures proprietary “green” portable biotreatment systems that cost-effectively purify hydrocarbon contaminated wastestreams. In business since 1995, EnSolve has utilized its biotreatment systems for both maritime (PetroLiminator®) and terrestrial (PetroClean®) applications. PetroLiminator OWS systems have been successfully installed onboard cruise ships, oil tankers, ore carriers, push boats, commercial fishing vessels, ferries, car carriers, supply ships and oil exploration vessels. Examples of terrestrial applications include ports, marinas, groundwater and industrial process wastes.