Puralytics wins national Cleantech Open
By Erik Siemers, Business Journal Staff Writer
Business Journal Staff Writer
Mark Owen, CEO, Puralytics
Beaverton-based water purification startup Puralytics on Wednesday won the national Cleantech Open competition in Silicon Valley, bringing the company broad notoriety at a critical time in its development.
"This was quite a surprise to us," said Dave Moser, the company's vice president of business development.
That's because Puralytics felt the odds were in favor of an energy company winning the event, dubbed as the "Academy Awards of Cleantech." Of the 18 finalists, 15 were energy companies. Puralytics was one of two Oregon companies in the final.
"I think the key is that this really validates that the green economy is also based on water and technology that really does rid the environment of contaminants is valuable," Moser said.
Water purification products aren't new, though most existing technologies simply filter or separate good water from contaminants.
The nearly four-year-old Puralytics makes products that aim to kill off any contaminants through a process called photocatalytics purification that uses ultraviolet rays.
Though the company declined to disclose revenues, it recently began shipping the first units of the Shield 500, a desktop computer-sized purification device with the capacity to purify 500 gallons of water a day.
Its other initial product, called the SolarBag, is just now in production. Unlike the Shield which is used for labs and industrial uses, the SolarBag is an individual water purification system which uses solar energy to power the technology.
Though being the Cleantech Open champion means winning a new $250,000 investment, Puralytics hopes it becomes a catalyst for bigger things.
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