NEXUS-NY 2016 Teams Ready for Demo Day
NEXUS-NY is a clean energy seed accelerator. Each year the program provides financial, business and education support to entrepreneurial teams selected through a competitive application process.
Participants primarily come from NY research universities and share several common traits:
- They’re passionate about their research and want to start a great company
- They want to solve big problems for real customers
- They recognize the need to demonstrate their technology and business model through meaningful proof-of-concept prototype and customer interactions
Mae-ling Lokko, founder of AMBIS Technologies and NEXUS-NY graduate featured by NY American Science and NYSERDA on the power mentorship through the NEXUS-NY’s proof-of-concept center.
“Our program strives to determine if someone should start a company, see if the technology actually works, and gain 3rd party validation of the technology and business model,” explained NEXUS-NY Executive Director Doug Buerkle. “In prior cohorts, many companies fell short of validation until well after the program ended. But for the 2016 teams, validation is a strong theme. Four of our graduating companies are, or will shortly be, conducting some type of customer demonstration study. This process validates the technology in a relevant environment and sends a strong signal to the rest of the market.”
Excited to showcase the 2016 participants in the NEXUS-NY program on Demo Day, here’s a racap of where the seven teams stand to date, and “Doug’s Take” on each team pitching on October 5 at the Rochester Public Market. Join us in celebrating their groundbreaking achievements!
BioEnergySP – Saving Energy for Wastewater Treatment
BioEnergySP is a newly incorporated clean energy company that has invented novel 4th generation compartment free Microbial Fuel Cells. This patent pending industrial equipment Electroactive Attached Growth (EAG) technology saves energy for municipal and industrial customers, allowing facilities to significantly reduce operating expenses or to expand with minimal capital outlays. Since the start of Phase 2 of the NEXUS-NY program, the leaders of BioEnergySP are excited to have built their first Pilot Scale prototype, which will be deployed in October in a New York State Wastewater Treatment Plant.
“This is an exciting milestone for our company that could not have been achieved without the mentorship and help of the NEXUS-NY program,” said Entrepreneurial Lead Adrian Cosma. “The pilot this fall will allow us to validate our technology and will get us one step closer to commercializing our technology. Recently we validated our technology in the lab, and there is the opportunity to offer tremendous value for our customers while having a positive effect on the environment.”
Doug’s Take: “Another great success story. In addition to being a 76West semifinalist, BioEnergySP has established a partnership with a leading engineering and construction firm that is going to build their pilot. Their first system will be deployed at a New York wastewater treatment facility in the very near future.”
Cellec Technologies (RIT) – High-end Lithium Ion Batteries
Cellec Technologies is using patented technologies to improve the performance of high-end lithium ion batteries for small satellites, remote sensing and UAV applications in the defense and intelligence communities. The team is primarily composed of researchers from Rochester Institute of Technology. The Cellec team successfully exited phase 1 of the NEXUS-NY program in April, 2016 and has since been working on phase 2 deliverables. The team is working with several potential customers and expects to have its first orders shortly.
“Our efforts have primarily focused on improving our battery cell prototypes to meet customer deliverables. We have developed initial pouch cell batteries that show a 40% performance improvement over commercially available alternatives; while searching for ways to reduce the total cost of the battery cells without sacrificing performance,” explained Entrepreneurial Lead Brad Sparks. “Our multiple patents provide intellectual property protection and we have worked with the NYS Science + Technology Law Center to map the patent landscape.”
Doug’s Take: “RIT has built a functional prototype and could be in position to announce their first customer at Demo Day. This customer will deploy Cellec’s technology in a very unique and exciting application. While many advanced battery companies are promising high energy density, these guys have demonstrated performance in prototypes which have been cycled hundreds of times.”
Dimensional Energy (Cornell) – Transformative CO2 Conversion Technologies
Growing concerns about rising CO2 emissions and related climate change have added urgency to the endeavor of carbon capture and conversion. To do so, Dimensional Energy focuses on creating artificial photosynthetic systems for hydrocarbon production. The technology at the heart of this clean energy startup integrates advanced light harvesting technology with novel nanostructured photocatalysts. While the prospect of mimicking natural photosynthesis to convert sunlight and CO2 to fuels has intrigued scientists and engineers for years, Dimensional Energy is exploring recent breakthroughs in catalyst development as an opportunity to develop CO2 conversion technologies based on materials that nature has not yet had the opportunity to work with.
“We embrace the high-risk, high-reward nature of this challenge as an opportunity to develop potentially transformative CO2 conversion technologies,” said Entrepreneurial Lead Jason Salfi. “The ambitious strategy outlined in our presentation builds on a solid platform of prior engineering and entrepreneurial experience within our team and access to state-of-the-art experimental facilities at Cornell University.”
Doug’s Take: “While it’s still early, the Cornell team has recently started generating promising data in their lab. During their tenure in NEXUS, they’ve entered the $20MM Carbon XPRIZE competition and have won an Atkinson Venture Award from Cornell. They are close to marrying their bioreactor and catalyst technologies into a single prototype. I believe they’ll have a very interesting story to tell come demo day.”
Ducted Turbines International (Clarkson University) – Twice the Energy Capture of Conventional Turbines
The Clarkson University team has been busy this summer turning their research into a company called Ducted Turbines International, as well as ordering parts, designing geometry and building the prototype that will soon be tested at the University of Waterloo in Canada.
“Waterloo has the size we need to place our turbine test rig right inside the wind tunnel,” said DTI product commercialization consultant Paul Pavone. Pavone and Visser describe how the turbine test rig will provide the data needed to validate the Computational Fluid Dynamic (CFD) modeling. The design was first generated on a computer, with the help of two Clarkson Ph.D. students to optimize the duct efficiency and performance of the rotor blades. “We’re looking forward to meeting this milestone soon and revealing preliminary data at NEXUS-NY Demo Day in October,” added Pavone.
Doug’s Take: “The Clarkson team appears to be making great technical progress, and has also developed some exciting partnerships. Paul Pavone joined this team through an introduction from a NEXUS-NY mentor, and they’ve recently started working on some manufacturing opportunities with P1 Industries, a company led by NEXUS-NY advisor, Dave Dussault. All these little pieces came together through the NEXUS-NY program.”
MIMiC / Rensselaer Polytechnic Institute (CASE) – Modular Indoor MicroClimate
The Rensselaer Polytechnic Institute is working on a technology for localized heating and cooling, which reduces energy consumption and increases occupants comfort. The RPI team, known as MIMiC, plans to go to market initially with a novel modular unit using thermoelectric technologies, which has low energy draw and no moving parts. The technology enables supplemental heating and cooling in a single device without the need to dump heat outside, a huge opportunity to revolutionize portable devices.
“Since the beginning of Phase 2 of the program, we have focused our efforts to strengthen the business case and push forward the functional prototype,” said Berardo Matalucci, PhD Candidate at CASE leading the RPI team. “We understood that there is a clear and compelling business case for novel heating and cooling technologies. However, we need to show a functional prototype to convince our clients that the technology works. We envision a future in which building occupants can set their own preferences without increasing energy consumptions. The NEXUS-NY program has brought us unique help and support to derisk the technology, while accelerating the commercialization process,” he added.
Doug’s Take: “Berardo and his team have made fantastic progress on their prototypes. This business opportunity carries a lot of technical and market risk, but Berardo and Theodorian continue to make very strong inroads in both areas. They’ve identified a potential pilot customer museum in NYC. Attendees can expect RPI to display a highly refined prototype at Demo Day.”
NanoHydro (University at Buffalo) – Hydrogen Storage & Generation Technology
NanoHydro, winner of the NYSERDA Energy / Sustainability award at the NYS Business Plan Competition, has been engaged in overcoming technical and business milestones during phase 2 of the NEXUS-NY program. At this stage, the team’s biggest milestone has been investigating and validating a process for large scale production. With this research, NanoHydro is looking to move from an expensive gram scale production method, to a kilogram scale production method using an inexpensive precursor. NanoHydro founder Parham Rohani started this research in collaboration with Buffalo Manufacturing Works. NanoHydro is also investigating hydrogen generation performance of their nanomaterial in pellet form.
“We’ve learned several invaluable lessons in this process that will help us in near future,” said Rohani. “In parallel with our lab research, NanoHydro has been deeply engaged in business plan development, customer discovery and market research. We believe that the hydrogen storage market for portable/remote applications is unserved and significant, and that our hydrogen storage/generation technology has great potential to successfully accelerate electricity generation using fuel cells in wide variety of applications,” he added.
Doug’s Take: “Parham knows his hydrogen producing nanomaterials work, the real question is if he can make the material in high volume. That’s why his new partnership with Buffalo Manufacturing Works on scale up is so important. Parham’s technology is being noticed by key customers; he will be presenting at the Defense Innovation Technology Acceleration Challenges in Austin, TX this November. This is a great potential funding and collaboration opportunity for NanoHydro.”
Phase Innovations (SUNY Alfred State) – Innovative New Cooling System
The team from SUNY Alfred State has invented an advanced cooling system that uses water instead of chemical refrigerants to cool buildings. Over the last several months, the researchers have formed a company called Phase Innovations and have diligently worked to test many different materials and designs for the development of their advanced prototype.
“We have identified a new class of materials that has a lot of promise for improved performance and cost,” said Entrepreneurial Lead Steve Wood. “The 2-ton cooling module for this initial customer validation prototype is anticipated to occupy a footprint of about one cubic meter.”
Doug’s Take: “We’re really happy with the progress the Alfred State team has made over the last 8 months. They have a functional prototype and a pilot customer lined up for when they graduate the NEXUS-NY program. You can’t ask for anything more. They are working on membrane heat pump (MHP) technology, one that has been identified as very promising by the Department of Energy..”
Interested in the NEXUS-NY Proof-of-Concept Center?
Cohort 4 applications for the NEXUS-NY Clean Energy Seed Accelerator open on October 18. Researchers and aspiring entrepreneurs will have until November 11 to submit their ideas. Get a head start on the application process!