ReGen Power Systems

Monday, November 24, 2008

Regen Power Systems secures $5 Million from 21Ventures

ReGen Power Systems secures funding for heat capture kit
Stirling engine technology promises to turn waste heat from industrial facilities into usable electricity

Danny Bradbury, BusinessGreen, 21 Nov 2008

Cogeneration equipment company ReGen Power Systems has scooped $5m (£3m) in funding to help bring its stirling engine-based heat conversion technology to market.

The New Salem, MA-based firm closed the equity financing round with 21Ventures LLC and the Quercus Trust. The investment will be used to fund the production of two prototype units, designed to harvest heat from industrial plants and convert it to electricity.

The company's design uses heat exchangers to capture heat from industrial plants such as glass furnaces. The exchangers transfer the heat to piston-based stirling engines, which are used to generate electrical power instead of regular turbines.

Chief executive Dick Meloy said that the company's equipment will operate in the one to five megawatt range, which he claims is generally too small for turbines. He added that there is a $9bn revenue opportunity in selling stirling engines to smaller plants in the US alone.

The company will produce two types of stirling engine. The first will be designed to operate at higher temperatures, and will be suitable for heat intensive industrial facilities such as glass, steel, aluminium and cement works.

The second will operate at 100 degrees centigrade and will act as a steam condenser. "That suits industries that produce lots of steam, such as pulp and paper, chemicals, and petroleum refining," Meloy explained.

The stirling engines could also serve as the power conversion element in thermal solar power generation, where mirrors focus the sun's rays to create steam, he said.

The company hopes to start selling units commercially by the end of 2010, and Meloy said that when operational and manufacturing costs are taken into account, the technology could deliver electricity at about six tenths of a cent per kilowatt hour.

However, that price would not include upfront capital expenditure on the equipment, which could cost $1,200 to $1,600 per Kw, and installation costs of between $250 and $600 per Kw.

Friday, October 31, 2008

Bio Petro Clean video animation 4

You can learn more at BioPetroClean.com

Sunday, October 5, 2008

Seed Funding - 21Ventures and Cognisafe

October 1,2008 -

21Ventures announces investment in CogniSafe Ltd. - Anti-cheat software provider for online-games

New York, NY and Tel-Aviv, Israel, October 1, 2008 --- 21Ventures, a U.S. based venture capital firm, announced today a seed investment in CogniSafe Ltd. – an Israeli company providing real-time anti-cheat software solution for online games . The funding is earmarked for sales and marketing and ongoing product development. “CogniSafe brings an exciting new approach to solve the cheating problem in online games, a problem which causes significant losses to gaming companies and harms the players ability to enjoy the challenge and adventure of a cheat-free game environment. Just like online banking and commerce services, the online gaming industry is vulnerable to fraud and cheating, but no real time solution has been presented so far to solve the cheating problem. We believe that CogniSafe solution will become the standard in detection and prevention of cheating in online games and we are happy to be among the first to identify CogniSafe potential” said David Anthony, Managing Partner of 21Ventures. The cheating problem in online games causes game providers to remove tens of thousands of paying players every month, due to suspected cheating. The removal is usually done following a complaint from other players, or after a post mortem analysis of player's actions. In addition, a significant number of legitimate players abandon some game titles, and cease paying, when they feel they have been cheated. CogniSafe's solution enables online game providers to detect, in real time, any deviation from proper gaming procedures by the online players, and remove cheaters from participation in the game, thus makes cheating attempts futile and enables other players to continue and enjoy a cheat-free gaming experience. "There is a clear need in the market for a real-time solution that will enable the gaming companies to really understand the magnitude of the cheating phenomena, gather evidence against cheaters, and remove them from the game before they affect the gaming experience for other players ”, said Izik Shimon, CEO of CogniSafe. Izik continues "We are already engaged with several leaders in the online gaming industry, which understand the potential of increasing the integrity of their games and avoiding significant losses, by working with CogniSafe".

Want to read more? Check out some of these links...

Sunday, September 21, 2008

David Anthony of 21Ventures speaking in Memphis 2008

Hey Folks, just wanted to share one of my videos with you, of me speaking in Memphis earlier this year.

You can also watch by clicking on this link - David Anthony Speaking in Memphis

Don't flutter yourself

Hey folks, just wanted to tell you about one of the companies i invest in that now offers a cool flutter application for the iphone

Juicecaster/flutter for the iphone. Send MMS from your iphone.

If your an iphone user, you should check it out,

***

If you have a blackberry, check out the

Juicecaster for the Blackberry.

Have a great week!

David Anthony

Saturday, September 20, 2008

21Ventures grant for Solar Energy Research

21Ventures and the Quercus Trust Award $200,000 Grant to Support the Solar Energy Research of Professor David Cahen of the Weizmann Institute of Science New York, NY,

September 15, 2008 --- 21Ventures and the Quercus Trust announced today that they have awarded a $200,000 grant to support the solar energy research of Professor David Cahen of the Weizmann Institute of Science in Rehovot, Israel. The grant will be used to further the exploratory research of novel approaches to harness solar energy in less expensive and more efficient new ways and to explore approaches for making better use of existing solar energy technologies. “Professor Cahen’s ground breaking work has the potential to make a significant impact on the availability and the ultimate use of alternative energy sources, in this case, solar energy. Such efforts support the goal of 21Ventures and the Quercus Trust to secure a cleaner and healthier environment worldwide,” said Mr. David Anthony, Managing Partner, 21Ventures. One area that the research will focus on is exploring the potential of various long-term light management approaches. That direction will be complemented by research on potentially low cost, novel ways to collect more energy from sunlight and the means of using that energy in daily life. “Professor Cahen is a globally respected scientist with an international reputation for excellence. His advancements in the clean energy field are impressive. It is with pride that we support his work and at such a quality academic institution such as the Weizmann Institute of Science,” said Mr. Anthony.

About 21Ventures Founded in 2004 and headquartered in New York, 21Ventures is a venture capital fund which invests in seed, early stage technology and publicly traded companies in the physical security, clean energy and mobile software markets. 21ventures is led by David Anthony who, in addition to serving as Director of several 21Ventures portfolio companies, serves a member of the Board of Director’s of World Water & Solar Technologies Corporation. The fund’s primary geographic focus is Israel, where over half of the company’s investment capital has been deployed to date. 21Ventures currently manages more than $250 million worth of investments in 25 companies in Israel and the United States. More than half of 21Ventures’ investments are in clean energy companies. For more information, please visit www.21ventures.net.

To schedule an interview, please contact David Anthony at danthony@21ventures.net or at 212-889-4681. About Weizmann Institute The Weizmann Institute of Science in Rehovot, Israel, is one of the world's top-ranking multidisciplinary research institutions. Noted for its wide-ranging exploration of the natural and exact sciences, the Institute is home to 2,600 scientists, students, technicians and supporting staff. Institute research efforts include the search for new ways of fighting disease and hunger, examining leading questions in mathematics and computer science, probing the physics of matter and the universe, creating novel materials and developing new strategies for protecting the environment.

Contact info: David Anthony, Managing partner 21ventures, LLC
e-mail : danthony@21ventures.net Telephone 212-889-4681.