Expert Collections containing NextCAT
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
NextCAT is included in 1 Expert Collection, including Renewable Energy.
Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.
Latest NextCAT News
Sep 7, 2016
Share Detroit-based companies have taken two of the three loans available in the latest financing round from the Michigan Microloan Fund. TechTown -based NextCAT and CYJ Enterprises will split $115,000 in loans, along with Ann Arbor-based Ix Innovations . These loans provide scarce seed capital that small businesses need to take the next step in their product development or advancing their business plans. NextCAT is utilizing technology developed at Wayne State University to push forward the development of biodiesel . This technology allows biodiesel producers to use less-expensive raw materials for production, simplifying the process. "We enable the next generation of biodiesel processing," says Chuck Salley, president of NextCAT . "We let producers knock a buck a gallon off the price of biodiesel. " The start-up employs six people and an intern. It hopes to make six more hires and have its pilot demonstration product working by the end of the year. The borrowing will allow that to happen by helping to cover the legal and administrative fees to form the company and create the demonstration pilot. CYJ Enterprises will use its microloan to fund the commercialization of its first product, e-CYREN , an emergency management system designed to help child and adult care providers quickly and effectively communicate with families before, during, and after emergencies. The $1.5 million microloan program, administered by Ann Arbor SPARK , will make anywhere from 2-4 loans of a few thousand dollars each per month for 2010. That's another 24-48 fledgling local businesses receiving financing during a time when loans for small businesses have been almost non-existent since the economy crashed. Source: Chuck Salley, president of NextCAT Writer: Jon Zemke
NextCAT Frequently Asked Questions (FAQ)
When was NextCAT founded?
NextCAT was founded in 2010.
Where is NextCAT's headquarters?
NextCAT's headquarters is located at 440 Burroughs, Detroit.
What is NextCAT's latest funding round?
NextCAT's latest funding round is Grant - IV.
How much did NextCAT raise?
NextCAT raised a total of $1.33M.
Who are the investors of NextCAT?
Investors of NextCAT include National Science Foundation, Automation Alley, Michigan Rise, Michigan Small Business & Technology Development Center, New Economy Initiative and 4 more.
Who are NextCAT's competitors?
Competitors of NextCAT include Lynntech, Benefuel, Porogen, Imperium Renewables, Catilin and 7 more.
Compare NextCAT to Competitors
Praj Industries Limited is a Biofuels Technology Company with a number of processes and systems for ethanol and biodiesel production to its credit.
Ampa Biofuels is developing a solutions that uses cavitation for the production of biodiesel
Permafuels, Inc. is a Chapel Hill, NC based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Permafuels, Inc.'s business and areas of expertise. Although biodiesel production using supercritical alcohols is an extremely fast and clean method, it has not been economically competitive with conventional catalytic approaches. This project will optimize the supercritical process to enable cost-effective commercial production of biodiesel fuel.
Greenline Industries is a company focused on energy production, specifically within the biodiesel sector. The company's main service involves the construction of biodiesel production plants, utilizing innovative technology to develop and improve these facilities. The primary market for Greenline Industries' services is the Latin American market. It was founded in 2002 and is based in Larkspur, California.
NextDiesel biodiesel and Biofuel Industries Group are producers of high grade B100 biodiesel fuel
Tree Oils India Limited (TOIL) is primarily engaged in manufacturing of Biodiesel from Non-Edible Tree Oils such as Jatropha and Pongamia.