Vortex Power Systems Limited is developing a proprietary system to convert any source of waste heat into a zero-carbon powerplant and generate electricity from the wasted energy.
They utilise wasted heat to create an atmospheric vortex and generate electricity from the high wind speeds produced. They expect using this method they could deliver an extra 5% power generation to an existing power station (geothermal, nuclear or coal-fired). This presents a very large multi-billion opportunity for the company.
They are currently raising $1.3m in a seed round with $500k committed including $250k follow-on investment from Pacific Channels Fund 2.