{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4MGw7OMKDA","lastupdate":"2023-11-20T00:00:00.000Z","update_date":"2023-11-20T00:00:00.000Z","lastModified":"Mar 18, 2025","active":1,"confidence_score":98,"confidence_score_reason":"markets","urlname":"lava","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$3yNzBRoE6RfwTBBKDWivK1j2jMkXOOFGfZ1dNuAGiwqdPOP3HVpHDk.svg","name":"LAVA","oneliner":"Isothermal Engine Technology for Efficient Electricity Generation","registrar":"515849321","website":"https://lavapower.com","careerspage":"","founded_month":3,"founded_year":2020,"formernames":["Luminescent","Luminescent Solar Power"],"sociallinks":{"twitter":"","youtube":"","facebook":"","linkedin":"https://www.linkedin.com/company/64696961","instagram":""},"social":["https://www.linkedin.com/company/64696961"],"flattenedsociallinks":"https://www.linkedin.com/company/64696961","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":39,"patent":1,"raised":35098840,"stage":"Seed","public_stage":"Seed","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Ifev64KDA","primary_sector":"Energy Tech","alternativenames":null,"about":"LAVA develops advanced thermodynamic technologies to improve the efficiency and economics of heat-to-electricity and electricity-to-heat conversion. 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The technology, which uses liquid instead of gas, is expected to increase gas turbine efficiency by 50–70% while reducing carbon emissions. The heat engine will be ready for pilot testing by the end of Q2 2024, with full-scale sales set to begin in 2025. 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Luminescents technology has been validated in the laboratory and is at technology readiness level four. The companys seed round was funded by Grove Ventures. TechEnergy Ventures sees a $10 billion market opportunity for Luminescent in distributed turbines and engines in the United States alone. Luminescent has also demonstrated in a pilot project that an isothermal expansion was possible.","partners":["Ormat","Grove Ventures","Extantia"],"customers":"Not mentioned","investors":["TechEnergy Ventures","Grove Ventures","Ormat","Extantia"],"confidence":9,"key_topics":["Energy Production","Waste Heat","Heat Engines","Innovation","Investment"],"date_of_event":"May 2022","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Investment","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"PXWRHldNSMOo76aM8WdCNZGwY9UQsM7cF36TPxNBax8nIqsdyR2f8W","news_summary":"Why we invested in Luminescent","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"eIlJ3yJyazbqmvuR0Okq8rAruXQFkNBAmLPwbqOaY7fYU5WvhlJNpF","date":"Mar 16, 2023","link":"https://sustainablebrands.com/read/cleantech/liquid-heat-engine-upcycle-waste-heat-clean-energy","source":"sustainablebrands.com","visible":1,"analysis":{"tags":"renewable energy","company":"Luminescent","layoffs":null,"summary":"Israeli startup Luminescent has developed a liquid-based, isothermal heat engine that can upcycle waste heat into zero-emission energy. The engine allows for liquid heat transfer via isothermal expansion of air bubbles, resulting in higher efficiency and lower costs compared to existing technologies. Luminescent has received $7 million in seed funding led by Grove Ventures and Extantia Capital. The company is currently involved in two pilot schemes and plans to roll out its first commercial product later this year. Luminescent aims to target the iron and steel industry and long-duration storage market.","partners":"Grove Ventures, Extantia Capital","customers":null,"investors":"Grove Ventures, Extantia Capital","confidence":9,"key_topics":["Renewable power","Waste heat","Isothermal heat engine","Liquid-based engine","Energy efficiency"],"date_of_event":"Mar 16, 2023","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$7 million","structured_issues":["Investment","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"slife2IudkNquc8ReLACBj1fOK7IQfIefYNmRhpkS0wEu35q868rmB","news_summary":"First Liquid-Heat Engine Can Upcycle 70% of the World's Waste Heat Into Clean Energy","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"vzrE9PVNodjDjNlzIhVjze66noVhWaco2JrJX4OKxyOeuFTFQ7bJvn","date":"Feb 19, 2023","link":"https://www.israel21c.org/capturing-waste-heat-to-turn-it-back-into-energy/","source":"www.israel21c.org","visible":1,"analysis":{"tags":"Waste Heat Capture, Energy Efficiency","company":"Luminescent","layoffs":"Not mentioned","summary":"Israeli startup Luminescent has developed a technology to capture waste heat from industrial plants and convert it into electricity. This can either power the facility itself at a lower cost or be sold back to the electrical grid. Luminescent is the first to address small power generators, with its super-efficient waste heat engine expected to be available by mid-2023. The company recently raised a $7 million seed funding round led by Grove Ventures and is targeting industrial operations in the United States, Europe, Japan, China, and South Korea.","partners":"Not mentioned","customers":"Not mentioned","investors":["Grove Ventures"],"confidence":9,"key_topics":["Waste Heat Capture","Energy Efficiency","Investment","Expansion","Zero-emission energy"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$7 million","structured_issues":["Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Su3R6gwq2YrKI2LvTP00Wf7vEjFsE78SI4m1faPJTGszE5QovxiRIW","news_summary":"Capturing waste heat to turn it back into energy - ISRAEL21c","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"UR8IN5WQUmyzws4EmUzEStM5hv6JbwAHKmqmyFazXukjPESvxqiAfL","date":"Jan 11, 2023","link":"https://nocamels.com/2023/01/turning-industrial-waste-heat-into-clean-electricity/","source":"nocamels.com","visible":1,"analysis":{"tags":"Innovation, Energy","company":"Luminescent","layoffs":"N/A","summary":"Israeli startup Luminescent is developing an isothermal heat engine that can generate zero-emission electricity from any source of heat, including waste heat, with double the efficiency and half the cost of standard heat engines. The process uses waste heat directly to spin turbines and fuel power generators to create electricity. The companys CEO, Doron Tamir, estimates that if small-scale industries across the US installed his heat engine, they could generate 12 to 20 gigawatts of electricity, enough to power 15 million homes. Luminescent plans to pilot its heat engine for the first time with two unnamed customers in 2024.","partners":"N/A","customers":"Unnamed oil refinery, Unnamed chemical factory","investors":"N/A","confidence":9,"key_topics":["Zero-emission electricity","Waste heat","Isothermal heat engine","Carbon emissions","Energy efficiency"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Customers","Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"PPGNHCfdqODVzbAninQ1x9Eop7b4V4MMZizMjyPLEgbWORvA9VMiZQ","news_summary":"Turning Industrial \"Waste\" Heat Into Clean Electricity","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"0kj2ZyQVfrJvQFmCDhYftYE28pzcxtDbzjaxpm728WLCAQZTJGHN1K","date":"Dec 15, 2022","link":"https://www.finsmes.com/2022/12/luminescent-raises-7m-in-seed-funding.html","source":"www.finsmes.com","visible":1,"analysis":{"tags":"Seed Funding","company":"Luminescent","layoffs":null,"summary":"Luminescent, a Tel Aviv-based provider of a liquid-based isothermal engine solution for waste heat upcycling, has raised $7M in Seed funding. The funding will be used to bring the companys solution to market. Luminescents solution generates zero-emission electricity from any source of waste heat, enabling businesses to utilize waste heat as an additional way to turn their sustainability commitments into clean energy cost-cutting decisions.","partners":null,"customers":null,"investors":["Grove Ventures","Extantia Capital"],"confidence":9,"key_topics":["Luminescent","Seed Funding","Waste Heat Upcycling","Isothermal Engine","Clean Energy"],"date_of_event":"19/12/2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$7M","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"REvZaBF0h3y64JrHEQq11cfzM0XFNK8rhWIbmirjlDNRmiNPuR6vMl","news_summary":"Israeli startup Luminescent raises $7M from Grove Ventures, Extantia","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"VdXOe2DBw63slu4EYhjAcTukfNOEzHNFJO0tS7YcTUgIWcByORkDeY","date":"Dec 15, 2022","link":"https://www.calcalistech.com/ctechnews/article/ry8trauos","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Funding, Waste Heat Solutions","company":"Luminescent","layoffs":"Not mentioned","summary":"Luminescent, a company that has developed a liquid-based isothermal engine to capture, reuse, and store waste heat, has raised $7 million in a seed funding round. The round was led by Grove Ventures and saw participation from Extantia Capital. Luminescents technology aims to increase the efficiencies of power plants and large industrial factories by reducing the amount of waste heat they produce, thereby reducing greenhouse gas emissions. The companys engine can double efficiency compared to other operations and provide up to 70% more power. The funding will help Luminescent scale rapidly to meet demand.","partners":"Not mentioned","customers":"Not mentioned","investors":["Grove Ventures","Extantia Capital"],"confidence":9,"key_topics":["Seed Funding","Waste Heat","Energy Efficiency","Green Energy","Decarbonization"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$7 million","structured_issues":["Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"hjU1jgyXPmmX9DTydTyt8FDzuZNwa2ZQu8IKztJ9bWyoBzg3FlKeaQ","news_summary":"Israeli startup Luminescent raises $7 million for zero emission heat engine | 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