HARBO Technologies Overview
HARBO Technologies develops an immediate containment system designed to minimize the damage from marine oil spills. The company's T-Fence system can be installed onboard every potential spill source, such as large ships and tankers, ports, marinas, coastal infrastructure facilities, and exploration and production rigs. The system starts operating within minutes of spill detection and can deploy 2,000 yards of boom in less than 30 minutes. HARBO's technology won the UC Berkeley Startup Competition for Energy & Cleantech.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Ten tech startups aiming to revolutionize maritime | CTech
The article discusses several Israeli companies in the maritime technology sector that are aiming to revolutionize the industry. These companies include Captains Eye, Orca AI, Windward, SeaErra, ECOncrete, Ocean Brick System, Sealartec, Cydome, HARBO Technologies, and Pick a Pier. The article highlights their products, funding, and founders. It mentions investments received by Captains Eye and Orca AI, as well as funding amounts for Windward, SeaErra, ECOncrete, and HARBO Technologies. The article emphasizes the importance of the maritime supply chain and the role of Israeli startups in innovating the sector. The impact on the companies is growth-positive, as they are introducing innovative solutions to the traditional maritime industry.
PartnersInvestment
growth-positive
Lamor Corporation Acquires License for Rapid Response HARBO Boom
Lamor Corporation has acquired the licensing rights to HARBO Technologies product line, which includes rapid response oil spill solutions. This acquisition will enhance Lamors response product and solution portfolio. HARBO has developed a lightweight oil spill response boom that can be quickly deployed by one person. The technology enables faster oil recovery rates and reduces damage. Lamor plans to use HARBOs solutions to serve its current customers, enter new markets, and develop a complete Rapid Spill Response solution. The HARBO rapid response booms are already available, and Lamor is working on integrating specialized solutions. The acquisition is expected to have a positive impact on Lamors growth.
Acquisition
growth-positive
Could an Israeli floating boom solution prevent the next oil spill disaster?
Israeli startup HARBO Technologies has developed a lightweight and easily deployed floating containment system called T-Fence to rapidly respond to marine oil spills. The system can be stored anywhere and requires minimal manpower for deployment. HARBO Technologies has 4 patents and is targeting a global market worth $5-$8 billion. Current customers include the Port of Singapore, the U.S. Coast Guard, the Canadian Coast Guard, and American oil corporations Exxon Mobile and Marathon Oil. The company is also collaborating with the EU to mount the T-Fence system on an unmanned floating vessel for petroleum spill patrols. HARBO Technologies has raised $6.4 million to date from investors and grants.
Customers
growth-positive
HARBO Technologies Named Most Promising Energy and Clean Technology Company at Rice Alliance Energy and Clean Technology Venture Forum
HARBO Technologies was named Most Promising Energy and Clean Technology Company at the 17th Annual Energy & Clean Technology Venture Forum. HARBO develops revolutionary oil spill response technology. The companys T-FENCE product is a rapid spill response system that can be deployed faster than any other system, drastically reducing damage. HARBO is being adopted by major industry players.
PartnersInvestment
growth-positive
HARBO Technologies Launched a Revolutionary Oil Spill Blocking System at Interspill
HARBO launched its T-Fence system at Interspill 2018 London, which is a small and light system that can be installed at potential spill sites to block spills before they spread. The system was tested and validated for its oil containment capabilities. HARBO believes that the T-Fence system is a game changer in oil spill response, as it can prevent spills from spreading in the first 10-30 minutes after they happen. The companys leading customers are ports, remote communities, and oil spill responders.
CustomersPartners
| Sector | Industrial Technologies |
Funding
| Total funding | $1.26M |
| Last funding | $1.2M |
| Stage | Mature |
| Rounds | 4 |
| Investors | 2 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.harboinc.com |
| Careers | Careers page |
Locations
Refidim St 14, Tel Aviv, Israel
Photos & Videos
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