GreenSpense
Propellant-free Continuous Dispensing Technology
Startup B Industrial Technologies Est. 2011
Total Raised
$10.92M
B
Last Round
$1.6M
12 rounds
Investors
2
2 public
Team
4
1-10 employees
Confidence
90/100
News
4
articles
Patents
1
About
GreenSpense is the developer of a continuous, propellant-free dispensing technology. By eliminating the need for gas, air, or VOCs in aerosol containers, the company's product allows manufacturers to use low-cost, recyclable materials such as plastic or cardboard instead of pressurized canisters. GreenSpense's EcoDrive technology is based on proprietary elastomer technologies. Rather than using compressed air for propulsion, the technology enables the product to be air-forced from a sleeve located inside the container a process similar to the way air is squeezed through a bagpipe. The nanotechnology-based internal elastic sleeve is thin and generates high pressure, with no pressure exerted on the external container. Easily implemented in filling lines, GreenSpense technology is safe, eco-friendly, and compatible with most standard dual-compartment components. GreenSpense was the winner of the 2013 International Cleantech Open Ideas Competition and received Horizon 2020 SME grant.
Classification
Sector
Climate TechClean Industry Tech Sustainable Materials & CircularityEco-Efficient ManufacturingIndustrial TechnologiesMaterial Innovations & Applications
Core Technology
Materials & SubstancesNanomaterials
Target Customer
Healthcare & Life SciencesLife SciencesBiotechnologyCosmeticsAgriculture & FoodProcessed FoodsPreserves & PreparedIndustrial Manufacturing
Business Model
B2B
Tags
materialsindustrial-technologiespackaging-and-containersclimate-techflexible-packagingmanufacturing-facilitiescosmetic-companiesnanotechnologypharma-companiesfood-and-beverage
Funding & Events
Nov 2023
SAFE $1.6M
Mar 2019
Non-equity $550K
Jun 2022
Non-equity $200K
Jun 2019
B Round $1.03M
Undisclosed Investor(s)
Jun 2018
Non-equity $396K
Israel Innovation Authority
Jun 2017
Non-equity $491K
Israel Innovation Authority
Jun 2014
A Round $295K
Undisclosed Investor(s)
Jan 2017
B Round $1.12M
Undisclosed Investor(s)
Feb 2022
B Round $3.2M
Undisclosed Investor(s)
Aug 2022
B Round $1.58M
Undisclosed Investor(s)
Aug 2020
Non-equity $460K
Seed Undisclosed
The Trendlines Group
News (4)
Feb 20, 2024 · worldaerosols.com
growth-positive
Greenspense unveils major updates to "flagship" Eco-Drive
CustomersExpand
May 19, 2019 · www.prnewswire.com
growth-positive
GreenSpense Receives Funding from EU's Horizon 2020
Investment
Feb 26, 2014 · ecopreneurist.com
growth-positive
Propellant-Free Technology Could Shake Up the Aerosol Can Industry - Ecopreneurist
CustomersInvestment
Aug 29, 2013 · www.israel21c.org
growth-positive
GreenSpense set to take gas out of aerosols
Customers
Details
Product Stage
Released
Employees
1-10
Exact Count
9
Founded
2011
Registrar
514695956
Crunchbase
greenspense
Locations
Gilboa Regional Council, Israel
Links
Admin
Last Update
Jan 3, 2025
Verified by
Yamila Silbert
Claimed
Yes
Missing
markets, not claimed
Team (4)
Gadi Har-Shai
Founder & CEO
Founder
Amir Biran
Co-founder
Founder
Maayan Bar
Chief Commercial Officer
Sharon Cohen
Chief Financial Officer
Internal
Created by
Arielle Smolin (ari.smolin@gmail.com)
Created
2014-07-17T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)