Story excerpt provided by Columbus Business First.
Written by Tom Knox.
Simple-Fill, a startup developing technology to allow vehicles running on compressed natural gas to fill up at home, has received an initial investment from a fund backed by Ohio State University and the Ohio Third Frontier program.
Simple-Fill’s CNG technology came from engineers at Ohio State University’s Center for Automotive Research. Its undisclosed investment came from the new Technology Concept Fund, a $1 million funding pool for developing technology licensed from OSU. The nonprofit fund is managed by TechColumbus.
“We see fewer major CNG stations on major thoroughfares and more distributed networks in small- and medium-sized businesses and at homes,” Rob Underhill, Simple-Fill’s president, told me.
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Originally Published Wednesday, February 5, 2014.