ZL INNOVATIONS awarded a spot as a “Most Promising Company”
at the Rice Alliance Energy Venture Day at The Ion
During the week of the Offshore Technology Conference, the Rice Alliance Energy Venture Day featured pitches from 38 energy ventures. The event was an opportunity to learn about promising energy ventures and network with venture capitalists, corporate innovation groups, industry leaders, academics, & service providers.
- (1888PressRelease) May 24, 2022 - Industrial technology company ZL INNOVATIONS, creators of the "Zero Leak, Zero Emissions, Zero Maintenance" magnetic circuit-based valve system, was recognized as one of the nine Most Promising Companies at the 2022 Energy Venture Day during the week of OTC hosted by the Rice Alliance for Technology and Entrepreneurship on May 3, 2022. Investors chose nine companies that represented the most promising based on those that have an innovative technology that is solving a large problem, has customers willing to pay for it, and has the right team to build and grow their company.
ZL INNOVATIONS provides a “Zero Leak, Zero Emissions, Zero Maintenance” magnetic circuit-based valve system resilient enough to resist the effects of high temperatures and corrosive working fluids with a unique design to “completely prevent valve leaks for the working life of the valve.” The “Sustainable Zero Leak Magnetic Valve” produced by ZL INNOVATIONS utilizes external magnets to actuate the interior valve assembly while maintaining a hermetic seal. The valve can even be completely welded shut.
“The advantages of this hermetically sealed magnetic circuit-based valve technology include eliminating the risk of fugitive (fault-generated) emissions while functioning maintenance-free in high temperature and highly corrosive environments.” said Bob Ward, CEO of ZL INNOVATIONS. “ZL’s proprietary technology, with 6 issued patents and more coming, will significantly reduce industry operations downtime. Shutting down a production line because of a leaking valve can be a six or seven figure issue for a manufacturer while the line remains idle. The Zero Leak valve can help eliminate that headache.”
During the week of the Offshore Technology Conference, the Rice Alliance Energy Venture Day featured pitches from 38 energy ventures. The event was an opportunity to learn about promising energy ventures and network with venture capitalists, corporate innovation groups, industry leaders, academics, & service providers.
Presenting companies also met with investors during Office Hours. Office Hours are introductory, 1-on-1 meetings with venture capitalists, corporate investors, and angel investors. Areas of focus include Battery & Power Storage. Low & zero carbon fuels storage and transport, Future of Transportation, Leak Detection and Repair (LDAR), CCUS - Carbon Capture, Utilization, & Storage, Software. Hydrogen, Renewables and more.
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