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Clean Tech Company Looking for Start Up Funding
Posted by: Kyle McCue on 4/26/2008 2:52:11 AM
Funding Needed:
Above $1mil 		Category:
Biotechnology 		Website :
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Location :
San Jose, California, USA 		Viewed : 357 times
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Description:
Ternion is a Northern California Clean Tech / Green Tech company with an incredible opportunity to build a business through providing a necessary service while we assist in the global push to clean up our earth through CO2 sequestration. The carbon dioxide problem is extreme and is no longer taken lightly. The burning of fossil fuel produces carbon dioxide, which is released to the atmosphere and adds about 6 gigatons of carbon to the atmosphere each year. This is destroying our environment. Carbon sequestration is the process of utilizing modern technologies to remove CO2 from the source such as power plants, oil refineries and industrial processes. Ternion’s solution allows us to capture and use the CO2 within our closed loop photo bioreactors to grow algae. Our process cleans up the CO2 emissions while producing a product that can be used to produce biofuel, pharmaceuticals, nutraceuticals, and animal feed.

Ternion is seeking our seed round investment of $3 Million to fund general operations, a research lab, administration, acquisition technology, and sales and marketing expenses. The market is incredible and very immature in nature. Algae is a superior method of sequestration because there are no disposal costs involved since companies pay us for our algae produced from our processes.

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