LAVA Overview
LAVA develops advanced thermodynamic technologies to improve the efficiency and economics of heat-to-electricity and electricity-to-heat conversion. Its solutions include an isothermal heat engine for zero-emission electricity generation, a high-efficiency isothermal heat pump for industrial heating and cooling, and the Carnot Battery for long-duration energy storage. These innovations aim to provide cost-effective, high-performance solutions for energy and industrial applications.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
NGIF accelerator supports the development of the world’s first isothermal heat engine, turning waste heat into zero-emission electricity.
NGIF Accelerator has granted $370,000 to Luminescent Power for the development of its 200kW heat engine technology for waste heat recovery. 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. Luminescent Power is collaborating with leading members of the Canadian natural gas market to leverage the industry’s strengths with their groundbreaking technology.
InvestmentPartners
growth-positive
Why we invested in Luminescent
TechEnergy Ventures has invested in Luminescent, an Israeli company that has developed a patented design to increase the efficiency of heat engines and convert industrial waste heat into electricity. 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.
InvestmentPartners
growth-positive
First Liquid-Heat Engine Can Upcycle 70% of the World's Waste Heat Into Clean Energy
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.
InvestmentPartners
growth-positive
Capturing waste heat to turn it back into energy - ISRAEL21c
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.
InvestmentExpand
growth-positive
Turning Industrial "Waste" Heat Into Clean Electricity
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.
CustomersExpand
| Sector | Energy Tech |
Funding
| Total funding | $35.1M |
| Last funding | $13.4M |
| Stage | Seed |
| Rounds | 6 |
| Investors | 4 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | lavapower.com |
Locations
Sdot Yam, Israel
Photos & Videos
4 item(s)
