MayMaan Research, Inc., a Hollywood, Florida-based clean energy technology company, received a $30m Series A investment from Wave Equity Partners.
The company intends to use the funds to accelerate the development and deployment of its clean energy solutions.
Led by CEO Doron Shmueli and President Eitan Shmueli, MayMaan Research is a clean energy and power generation technology company which has developed solutions including their AquaStroke® technology that runs on a fuel comprised of 70% water and 30% ethanol, eliminating the need for traditional gasoline or diesel. The technology uses a water-ethanol based fuel to create cleaner combustion engines and generators, while reducing emissions and costs.
