optiQGain

Company Overview

Snapshot

Founded in December 2011 by Ram Alon and Nitzan Eliyahu, optiQGain operated with 1–10 employees. The company raised $2M across three funding rounds from two investors. In March 2024, optiQGain ceased operations.

Business overview

optiQGain developed a molecular-level analyzer utilizing stimulated Raman scattering (SRS) technology. This analyzer provided high-resolution molecular detection and concentration determination for specific target molecules, aiming to transition SRS technology from academic use to industrial applications. The company's initial focus was on analyzing gas compounds for the energy industry, enabling online calibration and optimization of turbine performance to adapt to changes in gas composition and quality, including biogas. Additionally, optiQGain offered an industrial process analyzer for direct sampling of gas or liquid, equipped with application-specific probes and software, to analyze process components and provide real-time feedback for adjustments. The company operated in the Industrial Technologies sector, with applications in natural gas, hydrogen, and biogas monitoring, serving the energy and industrial manufacturing markets.

Company Intelligence Q&A

What was optiQGain's operational status?

optiQGain ceased operations in March 2024.

When was optiQGain founded and by whom?

optiQGain was founded in December 2011 by Ram Alon and Nitzan Eliyahu.

What was optiQGain's core technology?

optiQGain developed a molecular-level analyzer based on stimulated Raman scattering (SRS) for high-resolution molecular detection and concentration determination.

What was the total capital raised by optiQGain?

optiQGain raised a total of $2M across three funding rounds.

Which organization provided a grant to optiQGain?

In February 2019, optiQGain received a grant from the European Commissions SME Instrument Program.