Echogen Receives $100,000 New Funding

  • Feed Type
  • Date
    7/7/2010
  • Company Name
    Echogen
  • Mailing Address
    405 S. High St. Akron, OH 44311
  • Company Description
    Echogen Power Systems, a private company based in Akron, Ohio is commercializing waste heat to power with a proprietary system. Since its founding in April, 2007, Echogen has developed a breakthrough power generation cycle called the Thermafficient® Waste Heat Recovery Engine. It uses a modified Rankine Cycle with supercritical carbon dioxide (ScCO2) as the working fluid. ScCO2 is environmentally benign, non-toxic, and has favorable heat and mass transport properties which allow for an energy dense, compact thermodynamic system.
  • Website
    http://www.echogen.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Jumpstart, Inc.