Sylvatex has successfully completed the three month program with GreenStart, and we are excited to say that we will be presenting our company, team & progress at Investor Day on December 8th, in front of over 100 VC and Angel Investors. We are excited to move forward into 2012, and solidify our success with a strategic partnership in the oil industry. Happy New Year everyone!

Sylvatex co-founder Virginia Klausmeier shows San Francisco Mayor Ed Lee a sample of Sylvatex's Smart Diesel

From a field of 129 applicants, Sylvatex was chosen for its ground-breaking Intellectual Property, well-rounded management team, and low capital requirements (i.e. Sylvatex does not require capital-intensive construction in order to succeed).

In addition to an infusion of seed funding, during the course of the three month program, Greenstart will provide Sylvatex with a host of resources and tools. Benefits include office space, mentorship, legal counsel, grant writing assistance, web support, networking opportunities, and prototyping & test space.

Greenstart’s ribbon-cutting ceremony drew a tremendous amount of press, and as a result, Sylvatex has been featured in a number of prominent tech and business publications, from the New York Times and SFGate to Fast Company, CNet, and GigaOM. More coverage here and here as well.

San Francisco mayor Ed Lee helps at Greenstart ribbon-cutting

Key maritime industry players and technology entrepreneurs met with leaders in finance and state and local government, presenting cutting-edge technologies and business concepts geared toward enabling ports around the world to meet immediate and future environmental, energy, security and logistics goals.

In a field crowded with talent and innovation, Sylvatex emerged the clear favorite, winning two of the four awards presented: “Most Innovative Technology” and “Company Most Likely to Acquire Financing.”

This vote of confidence by key players in government, venture capital, technology and industry confirms that Sylvatex smart diesel technology is both ground-breaking and uniquely suited for rapid adoption across the industry.

About Sylvatex:
Sylvatex is an environmentally conscious petro-chemical company that provides the marketplace with a cost-saving, renewable diesel fuel. Sylvatex’s SmartFuel significantly decreases petro-diesel consumption by replacing > 40% of diesel fuel with readily available biomass-derived ingredients that ameliorate the cost of reducing carbon emissions.

Competitive Advantage: Sylvatex’s drop-in solution has physical properties comparable to diesel fuel, and thus does not require any engine or infrastructural modifications. When scaled to market, Sylvatex SmartFuel is price competitive, and often hold an advantage over diesel and biodiesel market prices.

About PortTechLA:
PortTechLA is a public/private non-profit technology center and business incubator operated by a coalition consisting of the City of Los Angeles, the Port of Los Angeles and the San Pedro and Wilmington Chambers of Commerce.

Stay tuned for more details…

Sylvatex has won numerous awards at industry conferences and venture funding competitions, including Silicon Valley LAUNCH and PortTechLA, as well as funding and support through San Francisco’s Greenstart accelerator program.  Please review our recent successes in our news section as well.

Learn more.