View source for Israel Cleantech Ventures

{{Short description|Israeli venture capital firm}}
{{advert|date=August 2017}}
{{Infobox company
| name = MoreVC
| logo =
| type =
| foundation = 2006
| location_city = [[Ra'anana]]
| location_country = [[Israel]]
| locations = 1
| industry = [[Venture capital]]
| parent =
| homepage = [http://www.morevc.com// www.morevc.com]
}}
'''MoreVC''', formerly known as '''Israel Cleantech Ventures''', is a [[venture capital]] firm founded in 2006 by Glen Schwaber,<ref>{{Cite web|title=Glen Schwaber – Israel Cleantech Ventures|url=https://icv.vc/team/glen-schwaber/|access-date=2022-01-21}}</ref> Jack Levy, and Meir Ukeles.<ref>[http://www.israelcleantech.com/team.asp Israel Cleantech Ventures] management profile.</ref>  It is a [[clean technology]] venture capital fund intent on providing [[growth capital]] to Israel's energy, water and environmental technology sectors.<ref name=Green>[http://www.greentechmedia.com/articles/israel-greentech-companies-make-their-pitch-5154.html Israeli Greentech Companies Make Their Pitch], Jeff St. John, Greentech Media, November 11, 2008</ref><ref name=IHT>[http://www.iht.com/articles/2008/10/13/business/rbogclean.php Israeli funds look to clean technologies], Jessica Steinberg, [[International Herald Tribune]], October 18, 2008; accessed December 22, 2008.</ref> MoreVC receives funding from InnovFin, a company that provides equity investments to companies in their early stages of development.<ref>{{Cite web |title=EIF rolls out a €100 million COVID-19 InnovFin support fund for innovative companies with its first investments |url=https://www.eif.org/what_we_do/guarantees/news/2021/eif-rolls-out-a-100million-covid-19-innovfin-support-fund-for-innovative-companies.htm |access-date=2023-10-12 |website=www.eif.org}}</ref>
In 2007 Israel Cleantech Ventures raised $75 million for its first fund from investors that included [[Robeco]] and [[Piper Jaffray]],<ref name="IHT" /> as well as [[institutional investors]] and [[family offices]].
In February 2020, it expanded its ventures into [[clean technology]]<ref>{{Cite web|last=Ravet|first=Hagar|date=2020-02-18|title=You Cannot Make the World a Better Place at the Expense of Good Returns, Says Cleantech Investor|url=https://www.calcalistech.com/ctech/articles/0,7340,L-3794592,00.html|access-date=2022-01-21|website=CTECH - www.calcalistech.com}}</ref> and rebranded to MoreVC.
==Portfolio companies==
*Aqwise — Working on increased treatment capacity and [[nitrogen]] removal in [[Sewage treatment|wastewater treatment plants]].<ref>[http://www.aqwise.com/new/page.asp?cat=171&type=2&lang=1 Aqwise company page] {{webarchive|url=https://web.archive.org/web/20090529004030/http://www.aqwise.com/new/page.asp?cat=171&type=2&lang=1 |date=2009-05-29 }}.</ref>
*BrightView Systems — Develops and brings to market process and production optimization technologies for the thin-film photovoltaic industry.<ref>http://www.brightview-sys.com/Brightview-Signet%20PR%20final.pdf {{Dead link|date=January 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
*CellEra — Working on disruptive low-temperature fuel cell technology.<ref>{{cite web |url=http://www.cellera.biz/ |title=CellEra |accessdate=2008-12-24 |url-status=dead |archiveurl=https://web.archive.org/web/20081211150002/http://www.cellera.biz/ |archivedate=2008-12-11 }} CellEra website</ref>
*CRE (Citrine Renewable Energy) — Developing systems converting [[biogas]] into high value [[biomethane]].<ref>[http://israelcleantech.com/portfolio.htm ICV Portfolio Page]</ref>
*Emefcy — Utilizing microbial fuel cell (MFC) technology to produce electricity from the treatment of wastewater.<ref>[http://emefcy.com/ Emefcy company site]</ref>
*FRX Polymers — Developed and is commercializing a family of novel non-halogenated, transparent, high melt flowing, fire-resistant plastics.<ref>{{Cite web|url=http://israelcleantech.com/portfolio_company.asp?ID=11&t=FRX-Polymers|title = MoreVC}}</ref>
*Gro Intelligence — Deciphers data through computational and visualization tools that enable global food security.<ref>{{Cite web|url=http://icv.vc/#portfolio|title = MoreVC}}</ref>
*Metrolight — Has established products on electronic ballast solutions for HID lighting systems.<ref>[http://www.metrolight.com/Templates/aboutus.asp Metrolight] {{webarchive|url=https://web.archive.org/web/20081226220732/http://www.metrolight.com/Templates/aboutus.asp |date=2008-12-26 }}</ref>
*Pythagoras Solar — Works with [[photovoltaic technology]] and builds "Medium" concentration [[solar cells]] using [[silicon]].<ref>[http://www.pythagoras-solar.com/About_Us.htm Pythagoras Solar Company Page]; accessed 22 December 2008</ref><ref>[http://greenlight.greentechmedia.com/2008/12/04/150-solar-start-ups-part-2-cpv-780/ 150 Solar Start Ups] {{webarchive|url=https://web.archive.org/web/20081224131633/http://greenlight.greentechmedia.com/2008/12/04/150-solar-start-ups-part-2-cpv-780/ |date=2008-12-24 }}, Eric Wesff, Green Tech Media, December 4, 2008.</ref>
*Scodix — Provides Digital Enhancement Presses for the printing industry<ref>{{cite web |url=http://scodix.com/company/overview.htm |title=Archived copy |accessdate=2009-12-10 |url-status=dead |archiveurl=https://web.archive.org/web/20091111054033/http://www.scodix.com/company/overview.htm |archivedate=2009-11-11 }}</ref>
*[[Tigo Energy]] — Works on hardware and software improving power output efficiency, management and control to photovoltaic solar installations<ref>{{cite web |url=http://www.tigoenergy.com/ |title=Home |website=tigoenergy.com}}</ref>
*[[Vayyar]] - Develops intelligent radar sensors for [[3D reconstruction|3D imaging]]<ref>{{Cite web|url=https://www.israel21c.org/israeli-startups-raised-more-than-5-billion-in-2017/|title=Israeli startups raised more than $5 billion in 2017|last=Klein-Leichman|first=Abigail|date=2018-01-05|website=Israel21c|access-date=2019-09-17}}</ref>
==References==
{{Reflist|2}}
==External links==
*{{Official website|https://morevc.com/}}
*{{Official website|http://www.israelcleantech.com}}  (old)
{{Venture capital firms}}
[[Category:Financial services companies established in 2006]]
[[Category:Venture capital firms of Israel]]
[[Category:Solar power in Israel]]