1 startup

Vadxx Energy

Location: Cleveland, United States

Stage: No information

Industry: Energy & Environment

Subindustry: Cleantech

For investor information, contact jgarrett@vadxx.com Vadxx Energy is a high tech, recycling company that converts non-recyclable plastic into higher value energy products. Vadxx's technology offers an approach that captures the energy embedded in plastics and returns it to a useful form for society. This conversion process is an alternative for overflowing landfills as well as reducing demand for foreign energy. Vadxx produces diesel additive and other petroleum products, more profitably than any alternative, and is now implementing its first commercial units. Vadxx has two Ohio EPA permitted sites in Ohio. Additionally, Vadxx has feedstock MOU’s signed for 160,000 tons per year of the 20,000 tons per year required at the first project in Akron, OH. Present oil prices are $100/barrel. Vadxx breakeven is less than $50/barrel. The economics for Vadxx are overwhelming. There is enough plastic feedstock just in the US for 1500 Vadxx commercial units. Unit #1 is financed ($16mil).
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Global Cities Ranking of Startup Ecosystem
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Global Rank 2020
Change (from 2019)
City Name
Total Score
Quantity Score
Quality Score
Business Score
top position badge 1
0
225.310
29.50
192.31
3.50
top position badge 2
0
65.416
5.79
56.12
3.50
top position badge 3
0
48.390
14.25
30.81
3.33
top position badge 4
+1
43.537
5.32
34.72
3.50
top position badge 5
-1
42.213
12.09
26.62
3.50
top position badge 6
+11
25.519
1.64
21.77
2.11
top position badge 7
-1
23.789
3.46
17.17
3.16
top position badge 8
-1
22.345
3.32
15.62
3.40
top position badge 9
+1
22.055
6.70
13.11
2.24
top position badge 10
+21
21.482
1.61
17.76
2.11
top position badge 11
-2
19.216
3.53
12.19
3.50
top position badge 12
0
18.657
3.97
11.50
3.19
top position badge 13
-5
17.273
4.75
9.03
3.50
top position badge 14
-3
16.364
5.16
9.26
1.95
top position badge 15
+3
15.561
5.07
8.54
1.95
top position badge 16
-2
15.435
1.13
10.82
3.49
top position badge 17
-4
15.428
3.53
8.40
3.50
top position badge 18
+5
15.165
2.57
10.34
2.25
top position badge 19
+1
14.232
2.87
7.86
3.50
top position badge 20
-4
14.223
2.14
8.77
3.31
top position badge 21
+9
13.317
0.89
9.30
3.12
top position badge 22
+7
12.454
3.02
7.48
1.95
top position badge 23
-1
12.131
3.15
5.48
3.50
top position badge 24
-9
12.082
4.48
4.16
3.44
top position badge 25
-4
12.070
3.73
4.84
3.50
top position badge 26
+6
11.966
1.85
6.49
3.63
top position badge 27
0
11.752
3.00
5.71
3.04
top position badge 28
-2
11.405
2.78
5.12
3.50
top position badge 29
-5
11.338
1.53
6.01
3.80
top position badge 30
+15
11.330
2.69
5.75
2.89
top position badge 31
-12
10.840
2.98
4.37
3.49
top position badge 32
+2
9.712
1.80
5.51
2.40
top position badge 33
+7
9.611
0.50
7.00
2.11
top position badge 34
+3
9.573
1.95
4.12
3.50
top position badge 35
-2
9.141
2.25
3.85
3.04
top position badge 36
-8
9.118
2.80
4.21
2.11
top position badge 37
-12
8.805
2.48
2.89
3.44
top position badge 38
+3
8.491
1.43
3.66
3.40
top position badge 39
-3
8.349
1.54
3.41
3.40
top position badge 40
-5
8.262
2.42
2.35
3.49
top position badge 41
-2
7.722
0.95
5.66
1.12
top position badge 42
+208
7.720
1.63
3.25
2.84
top position badge 43
+3
7.412
1.13
2.78
3.50
top position badge 44
-6
7.257
1.74
2.02
3.50
top position badge 45
+196
7.185
0.16
4.91
2.11
top position badge 46
+2
7.026
1.93
3.31
1.79
top position badge 47
+14
7.022
1.03
2.59
3.40
top position badge 48
+12
6.955
0.67
2.78
3.50
top position badge 49
0
6.906
1.83
1.64
3.44
top position badge 50
+19
6.869
1.10
2.27
3.50
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