Red Ox Advances to CleanTech Open Global Finals
On Tuesday, October 9, New Haven-based Red Ox Systems became one of four regional finalists in the Northeast Regional CleanTech Open. In addition to winning $30,000 in prizes, the team is moving on to compete in the CleanTech Open Global Forum in San Jose, California on November 8 & 9, 2012. There, they will compete for $250,000 in prizes.
Red Ox, a participant in Connecticut Innovations’ TechStart program, is developing a product called the Electrochemical Desalination Cell, or EDC. The product simultaneously desalinates waste water, produces commodity inorganic chemicals, and generates electricity. According to the team’s website, their system will “replace the most energy intensive and environmentally degrading aspects of the water treatment and chemical production processes. By “mining” the waste streams of other industrial processes, we can extract value while cleaning water and concurrently producing electricity.”
The company and its product competed in a field of 77 clean tech startups from around the Northeast US. According to Rob Day, Partner at Black Coral Capital and chairman of Cleantech Open Northeast’s regional board, the field was particularly strong. “This year’s record-breaking pool of teams is evidence of the strength and vitality of the region’s cleantech and entrepreneurship community.”
Congratulations to Red Ox (David, Claire, and Ethan), and good luck in San Jose!
Read the Northeast CleanTech Open Press Release here. To learn more about Red Ox, you can view their TechStart pitch below.