Company Overview
Snapshot
Founded in June 2011 by Danny Handler and Zeev Birger, NeoTop operates with 1–10 employees. The company has raised $1,000,000 across one funding round from one investor. In January 2017, NeoTop Water Systems was highlighted as a leader in water conservation, developing white plastic balls to prevent water evaporation and cool water in reservoirs.
Business overview
NeoTop Water Systems manufactures modular covers for water reservoirs, designed to reduce evaporation and preserve water quality. Its core product is a sphere that fills halfway when released into water, effectively decreasing evaporation by up to 90%. The company's technology is applicable across various fields, including fish farming, aquariums, and microalgae cultivation, serving the agriculture, water utilities, and sustainable water systems sectors.
Strategic signal
In January 2017, NeoTop Water Systems was recognized for its innovative water conservation technology, specifically its white plastic balls designed to prevent water evaporation and cool reservoir water. This highlights the company's role in addressing critical water shortages and positions its solution as a significant advancement in water management, signaling strong potential for market adoption and environmental impact.
Log in to access full profile ›Company Intelligence Q&A
- What is NeoTop's core technology?
- NeoTop's core technology involves floating spheres that decrease evaporation from reservoirs, save water, and reduce algae growth. These spheres are designed to act as mini cooling towers and have been extensively tested by Israel's national water company.
- When was NeoTop Water Systems founded?
- NeoTop Water Systems was founded in June 2011 by Danny Handler and Zeev Birger.
- What problem does NeoTop's solution address?
- NeoTop's solution addresses water loss due to evaporation from reservoirs, which is a significant concern in regions facing water stress. The company's technology aims to decrease evaporation by up to 90%.
- What markets is NeoTop targeting?
- NeoTop is marketing its product in Israel, the UK, Australia, and the US, with a particular focus on California due to its water challenges.
- What are the applications of NeoTop's technology beyond water reservoirs?
- Beyond water reservoirs, NeoTop's technology is also applicable to fields such as fish farming, aquariums, and microalgae cultivation, and can also serve as a bird deterrent.