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Lucid Energy Receives Funding From Israel’s OurCrowd

document Crowdfunding
Summary
Lucid Energy, a provider of renewable energy systems and developer of the LucidPipe™ Power System for in-conduit hydropower, today announced that the company has received funding from OurCrowd, Israel’s hybrid venture capital/ crowdfunding platform.
Description
“In Israel, we are passionate about clean water and renewable energy technologies,” said Medved, founder of OurCrowd. “Water is our most critical resource, and as a result we have become a global leader in smart water by necessity. When we saw considerable interest in the LucidPipe technology from a major Israeli water agency, we realized that Lucid Energy is a game-changer for water agencies who constitute one of the world’s largest consumers of energy.”




SOURCE:http://www.businesswire.com/news/home/20130305005582/en/Lucid-Energy-Receives-Funding-Israel%E2%80%99s-OurCrowd

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