ITerum Energy, with a valuation of $44.6 million, is raising funds on Castle Placement. The company aims to manufacture and market modular power generation systems to convert waste heat into low-cost and environment-friendly electric power. ITerum Energy deploys innovative renewable energy solutions into key markets to generate clean electric power and manage risks. The business has several competitive advantages, including flexible and scalable architecture, end-to-end solutions, and scalability across a wide range of industries and heat sources. Mark Ryan founded ITerum Energy in May 2011. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.