About CoaLogix
CoaLogix is a company based in Charlotte (United States) founded in 2003, and was acquired by Energy Capital Partners in July 2011. Coal Efficiency and Cleaning. CoaLogix has raised $24.35 million across 3 funding rounds from investors including Acorn Energy, EnerTech Capital and Energy Capital Partners. CoaLogix offers products and services including Slots and Live Casino. Its legal entity is Dewa288 Ltd.
Company details
CoaLogix is focused on providing cutting edge services to coal-fired generating facilities to reduce their environmental footprint thr ough technology, optimization and efficiency improvements. CoaLogix owns SCR-Tech which is a leading provider of selective catalytic reduction (SCR) management services and catalyst regeneration technologies used by coal-fired power plants to reduce nitrogen oxides (NOx) emissions. Currently, coal-fired power plants contain approximately 1B of catalyst in their SCR systems. CoaLogix also provides a technology named MetalliFixTM which captures and remediates mercury from coal-fired plants. MetalliFixTM provides a more cost effective solution, with lower capital, disposal and removal costs, than does activated carbon technologies.
- Headquarters Charlotte, United States
- Stage Acquired
- Email••••••••
- Website coalogix.com
- Social LinkedIn X
- Acquired by Energy Capital Partners (Jul 2011)
- Legal Name Dewa288 Ltd
- Total Equity Funding$24.35M (USD)
in 3 rounds
- Latest Funding Round$11.5M (USD), Series B
Apr 2009
- InvestorsAcorn Energy
& 2 more
- Acquired byEnergy Capital Partners
(Jul 2011)
Products & Services of CoaLogix
CoaLogix offers a comprehensive portfolio of products and services, including Slots and Live Casino.
Slots are offered as part of the gaming services, where games like Gates of Olympus are provided for entertainment purposes
Live casino services are made available, including options like Sports and Arcade, to support user engagement in virtual environments
Funding Insights of CoaLogix
CoaLogix has successfully raised a total of $24.35M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11.5 million completed in April 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $24.35M
- Total Rounds 3
- Last Round Series B — $11.5M
- First Round $11M
(Jun 2007)
- Investors Count 2
All 3 funding rounds of CoaLogix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2009 | $11.5M | Series B | – | – | |
| May 2008 | $1.85M | Series B | – | – | |
| Jun 2007 | $11M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in CoaLogix
CoaLogix has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Acorn Energy, EnerTech Capital and Energy Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| enertechcapital.com | ||||
Energy Capital Partners is focused on energy transition investments. | 2005 | ecpartners.com | Summit, United States | |
Remote monitoring and control systems for industrial assets are provided. | 1986 | acornenergy.com | Wilmington, United States |
Investor details for CoaLogix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of CoaLogix
4 dated milestones of CoaLogix across 8 years, from founding to its latest funding, stage changes and deals.
- Founded CoaLogix is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series B, of $11.5M.
- Exit Acquired by Energy Capital Partners.
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Frequently Asked Questions about CoaLogix
CoaLogix was founded in 2003 and raised its 1st funding round 4 years after it was founded.
CoaLogix is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
CoaLogix is a funded company, having raised a total of $24.35M across 3 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jun 2007.
CoaLogix is focused on providing cutting edge services to coal-fired generating facilities to reduce their environmental footprint thr ough technology, optimization and efficiency improvements. CoaLogix owns SCR-Tech which is a leading provider of selective catalytic reduction (SCR) management services and catalyst regeneration technologies used by coal-fired power plants to reduce nitrogen oxides (NOx) emissions. Currently, coal-fired power plants contain approximately 1B of catalyst in their SCR systems. CoaLogix also provides a technology named MetalliFixTM which captures and remediates mercury from coal-fired plants. MetalliFixTM provides a more cost effective solution, with lower capital, disposal and removal costs, than does activated carbon technologies.
CoaLogix offers Slots and Live Casino.
CoaLogix has 3 investors. Key investors include Acorn Energy, EnerTech Capital, and Energy Capital Partners.
CoaLogix operates through Dewa288 Ltd.
Yes. CoaLogix was acquired by Energy Capital Partners in July 2011.