The Canadian Financing Forum took place this week in Vancouver and Chris Forrest took in a handful of the Cleantech presentations. This blog post is the last in a series of five.

Who needs heat when you have acoustic waves or natural gas or biomass?  Etalim Inc. is using a proprietary acoustic technology to eliminate the need for high heat in the creation of electricity.  Their simple, small, and reliable technology operates at 50% efficiency and is the size of a soccer ball.  The small footprint and low cost make installations easy and scalable.

Etalim's technology boasts greater energy creation capabilities that a traditional stirling engine without the need for high heat.  The system claims zero friction, zero leakage, zero maintenance and an infinite life span.  Beyond offering low cost electricity, Etalim's system does not require water and will make high sun light desert applications much easier.

Initially they plan on targeting domestic cogeneration applications and will look to expand to utility scale solar applications by 2014.  They are seeking $8 Million in the next 3-6 months and plan for additional rounds of funding in 2012 and 2014, pending alliances or exit opportunities.

Update: Etalim won Best Early Stage Cleantech Company at the 2010 Canadian Financing Forum.

The Canadian Financing Forum took place this week in Vancouver and Chris Forrest took in a handful of the Cleantech presentations. This blog post is the fourth in a series of five.

Axia Software Corporation, another player in Asset Investment Planning (AIP) (See also CopperLeaf Technologies at the Financing Forum) market offers a capital investment tool that leverages multi-variant risk optimization solutions.  Their commercialized solution offers tools to minimize low value capital investment, process improvement and assists corporation in making decisions to redeploy capital when unexpected circumstances prevent themselves.

Axia is targeting the energy sector with a focus on utilities and will look to expand their customer base to telecom providers and oil & gas. They have partnered with Accenture and IBM on several projects and are in discussions with a lead investor for a $2 Million financing round.  

Axia has over $13 Million in qualified sales in their pipeline.

The Canadian Financing Forum took place this week in Vancouver and Chris Forrest took in a handful of the Cleantech presentations. This blog post is the third in a series of five.

CopperLeaf Technologies CEO, Judi Hess will be the first to tell you, they are not an EAM, BI, PPM or ERP provider.  Their product CopperLeaf 5 will offer a new solution to investment planning and management for asset intensive businesses.  Their next generation of BI will synchronize corporations finance and engineering models, offering a more balanced approach to asset risk assessment and capital prioritization.  Managers will be able to evaluate decision on their financial or technical merits but will also be able to consider energy conservation, carbon footprint and safety.

Gartner recognized Asset Investment Planning AIP as a new market space in 2008.  The market is expected to have CAGR of 23% growing to $1 Billion by 2015.  Major customers for this market will include, hydro and water utilities, oil and gas and transportation companies.

CoppeLeafs holistic approach to asset management has caught the eye of key partners including Duke Energy, Bonneville Power Administration, Manitoba Power and BC Hydro.  In one installation the planning efficiencies alone resulted in a 2 year payback.  This does not even consider the benefits of ensuring asset availability and risk mitigation.

CopperLeaf is looking for $8-10 Million in investment, in two phases over the next two years to complete development of their product and to grow market awareness and penetration.  They expects sales to top $75 Million with a 16% EBIT within 5 years.

The Canadian Financing Forum took place this week in Vancouver and Chris Forrest took in a handful of the Cleantech presentations. This blog post is the first in a series of five.

The coveted office with a window is no longer just a hope or dream for the cubicle dweller 65ft. into the core of an office tower. Vancouver's SunCentral's sun light capturing technology brings sunlight to the core of the office. This UBC born technology can be retrofitted to existing buildings or incorporated into the design of new buildings to capture natural light in the office space.

SunCentral's Core Sunlight Illumination System claims to be the first lighting system capable of providing cost-effective natural light throughout multi-floor buildings. SunCentral's proprietary design uses inexpensive, proven, building materials and optical films to deliver solar lighting at costs below electric light - an industry milestone.  They claim to have a payback period of 5 years in the Lower Mainland climate of BC and 2 years in more southern climates, with greater sun exposure.

SunCentral's value proposition is that their system will offset the cost of illuminating office spaces by delivery sunlight vs. electric lightning during peak hours.  They are working with partners to integrate their systems into building design standards and hope to license their technology to building envelop and lighting fixture designers.

SunCentral is seeking $4-6 Million over the next 8-12 months to develop channels, partnerships and to secure senior management.  They expect to have commercialized sales by 2013 and will turn a profit by 2015.  To date they have two demonstration installations and are seeking opportunities to develop four more sites.