The company’s solutions provide a solution to two of the critical issues in the world: waste-friendly treatment and clean energy production. With the help of innovative technology, the systems make it possible to turn organic waste into clean energy by a process of decomposing waste, producing gas and storing it safely.
Home Biogas’ home systems appeal to a target audience of over 3 billion people, both in developed countries, especially among households with a high environmental awareness and in developing countries where the systems are designed to fulfill an existential need, mainly due to morbidity caused by open fire cooking (wood Or coal), from lack of access to services, from coal prices and more.
In addition to the home system, Home Biogas is developing a unique system designed for the institutional market that is in advanced pilot stages. The dining rooms in bodies in the global institutional market in developed countries, such as hotels, universities, military bases and more are forced to divert huge sums every year in favor of garbage removal. It is estimated that the institutional market produces 1.3 billion tons of food waste each year. The system is expected to generate significant savings in the costs of disposing of organic waste and it appeals mainly to developed countries and organizations interested in efficient and cost-effective solutions for local treatment of the waste problem.
Home biogas system
The home biogas system is located in the yard and allows the organic waste to be turned into up to 6 hours of cooking gas, depending on the type of waste and the size of the system, and also, produces liquid fertilizer. The uniqueness of the system is characterized by the fact that it is simple to install, easy to operate, requires minimal maintenance with high standards of safety and does not produce unpleasant odors.
Bio Toilet
A service system that operates independently and does not require an infrastructure connection. The system provides a unique, economic and ecological solution to one of the great problems of third world countries and is designed for populated areas without sewage infrastructure. The products of the service system are transferred for treatment and disassembly in the home biogas system and are used to produce available energy. The system is easy to install, easy to transport, does not produce unpleasant odors and saves about 40,000 liters of water per year.
Institutional biogas system (in advanced pilot stages)
The biogas system for the institutional market presents an innovative solution for treating organic waste in hotels, restaurants and food complexes and turning it into clean energy in the form of gas, which is intended, among other things, for cooking, heating water and generating electricity. Similar to the home biogas system, the institutional system is user-friendly and simple to install and operate. The system was developed as an efficient, ecological and economical solution to the problem of waste disposal, which is characterized by high costs.
In many countries around the world the relevant businesses and institutional bodies are required to incur significant waste disposal costs, with the system expected to save on waste disposal costs and at the same time, provide renewable energy for local use. As of the date of publication of the prospectus, the development of the system is in advanced pilot stages.
Home Biogas is growing rapidly and in recent years has sold more than 10,000 systems in more than 100 countries and has a current backlog of about 6,000 domestic biogas systems.
To date, the company has raised about $ 18 million in capital and another $ 3 million in grants. Among the shareholders, in addition to the three founders, is the investment arm of the French energy giant Engie, which is valued at more than 30 billion euros, Closed Loop, an American investment fund specializing in the circular economy and a partnership with the world’s largest consumer companies, and JS Capital. A private investment fund owned by Jonathan Soros.
The offering will be carried out according to the “non-uniform offer” method, with the proceeds of the offering being intended primarily to accelerate penetration into the institutional market.
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