Chosen by industry as hottest small company in the advanced bioeconomy just eight months after unveiling technology
Monmouth Junction, NJ, November 10, 2014 – Liquid Light was voted #1 in Biofuels Digest’s 40 Hottest Small Companies in the Advanced Bioeconomy. This was the first year for this industry-wide contest, and Liquid Light took the top spot despite being new to the spotlight, as it publicly unveiled its technology only eight months ago.
Liquid Light’s #1 ranking was based on votes received from thousands of Biofuels Digest subscribers as well as by an invited panel of 140 international selectors within the bioeconomy. This recognition reflects the quick and substantial impression Liquid Light has made in a short period of time.
“Liquid Light burst onto the scene this year, quickly making a name for itself within the advanced bioeconomy as one to watch,” said Jim Lane, publisher of Biofuels Digest. “The Hot 40 competition recognizes innovative and passionate companies that are fighting above their weight class and making a real difference. Liquid Light’s process technology to make major chemicals using inexpensive carbon dioxide as feedstock meets this high standard and the industry took notice.”
Since introducing its technology in March 2014, Liquid Light has received significant attention from the industry. This #1 rank in the Hot 40 is the latest in a series of milestones including closing a $15 million Series B financing, being named a finalist in the 2014 ICIS Innovation Awards, having its Chief Science Officer named one of MIT Technology Review’s Innovators Under 35, winning the Grand Challenge Grant from CCEMC and being named Rising Star of the Year in the Global Cleantech 100.
“We’re thrilled to be voted #1 in Biofuels Digest’s well-known, well-respected industry rankings,” said Kyle Teamey, CEO of Liquid Light. “We’re providing a technology that makes both dollars and sense for the industry, and also helps deal with the pressing issue of CO2. What we are seeing is that our message and value proposition truly resonate with the industry.”
Liquid Light was recognized at an award ceremony this evening at ABLCNext 2014 at the Fairmont San Francisco. Kyle Teamey, CEO of Liquid Light, also gave a presentation in the “Magic Microbes and Catalysts” session earlier today at the conference.
About Liquid Light
Liquid Light develops and licenses process technology to make major chemicals from low-cost, globally-abundant carbon dioxide (CO2). Customers profit from a lower cost of production, while harnessing their current waste stream; reduce their dependence on cyclically-priced petroleum feedstocks; and can reduce their carbon footprint.
Liquid Light’s first targeted process is for the production of ethylene glycol (MEG), with a $27 billion annual market. Results consistent with cost-advantaged production have been validated at lab scale for key parts of our process; and the process scales in a predictable manner, akin to world-scale chlor-alkali plants.
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