President: Kris Skrinak.
Financial data: $5 million raised from angel investors; now raising $10 million in Series A financing.
Revenue: Not disclosed.
No. of local employees: 25.
Investors: Not disclosed.
Year founded: 2007.
What makes the company innovative: Almost every employee can speak more than one language, from Portuguese to Russian, which helps in forging ties with the company’s predominantly foreign customer base.
Key factors for success: A growing global market for waste-to-energy systems and demand for lower-priced modular equipment that can be quickly shipped to waste sites.
In cities around the world — and especially in highly populated developing nations — two key problems persist: “An overabundance of garbage and an extraordinary need for energy,” said Kris Skrinak, president of AdaptiveARC Inc...