The Ohio State spinout uses liquids to compress, cool and dehydrate natural gas, providing an alternative to petrol-based motoring fuels.
Simple-Fill, a US-based natural gas compression technology spinout from Ohio State University, attracted $1.7m yesterday in a round backed by Ohio State University’s Carmen Innovations Fund.
Diversified manufacturing conglomerate Worthington Industries led the round, which also included seed-stage investor Rev1 Ventures and undisclosed angel investors.
Founded in 2013, Simple-Fill is developing an approach for delivering compressed natural gas (CNG), a processed substance sometimes used as an alternative motoring fuel to petrol.
Simple-Fill’s CNG technology uses liquid to…
