FloWire is a platform for techno-economic assessments that integrates process modeling, material balances, and economic feasibility analysis into a single interface. It enables asset owners and engineering decision-makers to evaluate the economic performance of various process configurations, streamlining project management and reducing reliance on spreadsheets.
Funding
$150K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Evaluating the economic viability of new process technologies and configurations typically involves complex process modeling, material balances, and economic analysis, often managed through disconnected spreadsheets. This approach is time-consuming, prone to errors, and hinders efficient project management and decision-making.
Solution
FloWire is a unified platform for techno-economic assessments, integrating process modeling, material balances, and economic feasibility analysis into a single interface. The platform enables asset owners and engineering decision-makers to evaluate the economic performance of various process configurations side-by-side, streamlining project management and facilitating informed decisions. By providing a single source of truth, FloWire eliminates the need for disparate spreadsheets, accelerates project timelines, and offers real-time insights into key performance indicators. The software is purpose-built for clean-tech, offering unique unit operations tailored for innovative, sustainable technologies.
Target Audience
FloWire is designed for asset owners, engineering decision-makers, portfolio managers, and R&D engineers in the clean-tech and process industries.
Features
- Integrated flowsheet modeling environment for process simulation and optimization
- Automated material balance calculations based on process configurations
- Techno-economic analysis module for calculating NPV, LCOP, ROI, and other key metrics
- Parallel scenario testing to compare the economic feasibility of different process configurations
- Portfolio-wide comparison of yield, efficiency, and other key performance indicators
- Customizable dashboards for visualizing and tracking project performance
- Secure cloud-based platform for data storage and collaboration