Ioxus Named to the New York Green Tech 50

Government support for cleantech innovation in New York State is a large factor in Ioxus’ success. Green Capital Empire recognized Ioxus’ growth this past Tuesday at the Green Tech Monster event, where Ioxus was named to the New York Green Tech 50. This list highlights the most promising and fastest-growing private, New York-based companies developing green technologies.

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William Lese, managing partner and co-founder of Braemar Energy Ventures, who’s also on Ioxus’ board of directors, spoke during the Green Tech Monster event, citing his philosophy toward cleantech investing:  “Venture-backed companies developing next-generation energy technologies will play an increasingly critical role in the economic, environmental and social well-being of the global community.”  The night featured numerous other key players from green energy and venture capital industries, all discussing the theme of “Financing, Scaling and Exiting in Green Tech.”

Ioxus, chosen from nearly 200 applicants, joins 49 other companies from industries including materials, renewable energy, green IT and energy storage. This distinction follows on the unveiling of the 2012 Global Cleantech 100 list, which recognized Ioxus as a top private company in clean technology. Both recognitions confirm the importance of continued innovation and growth in the cleantech market.

Ioxus continues to develop clean energy technologies stateside, and we are therefore able to encourage local job creation. During the last year alone, Ioxus increased employee count fivefold, and following our acquisition of the Japanese company Power Systems, Ltd., we are consolidating 100 percent of our manufacturing facilities to New York. These distinctions demonstrate just how much cleantech companies can influence domestic economic growth.

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