Greentown Labs

We were honored to host the final showcase for Massachusetts Climatetech Studio, a program by FedTech and Massachusetts Clean Energy Center that matched teams of entrepreneurs with cutting-edge technologies from federal and university labs during an intensive 16-week program cohort. Throughout the program, entrepreneurs worked closely with expert coaches and advisors to assess the potential of their technologies and form strategies for successful commercialization. At the showcase, they got onstage to pitch and compete for grand prizes totaling $100k. Congratulations to winners H2 Everywhere, Respire Energy, and CoBon Technologies! Read more about the program here: https://lnkd.in/d3KTbHA5 Apply for next year's program here: https://lnkd.in/dXpuazMp

Energy is at the heart of climate, which is why we're laser-focused on supporting climatetech innovations in the energy capital of the world: Houston. This was the theme of our Energy Sector Pitch Day at Greentown Houston, which focused on making curated connections between energy-industry-leading corporates, investors, and the startups whose technologies will shape the energy transition, starting at ground zero in Houston. The day kicked off with a private roundtable for investors, followed by a series of pitches from 10 #energy startups and four reverse pitches from corporate partners to share how they work with startups, plus a fireside chat with Barbara Burger and Bobby Tudor. Congratulations to EarthEn Energy's Manas Pathak for winning the audience choice award, and to all of the other startups that pitched: ??? CLS Wind's Kent Johnson ?? Dsider's Sujatha Kumar ?? NOCEnergy's John Restrepo ?? Aeromine Technologies, Inc.'s Carsten Westergaard ?? Capwell Services's Andrew Lane ?? Elementium Materials, Inc.'s Matt Dawson ??? Acelerex's Randell J. ? Deep Anchor Solutions ' Junho Lee ?? CalWave Inc.'s Ryan Davidson And to our partners Sameer Bandhu of GE Vernova, Megan Lund of Woodside Energy, Uma Ranganathan of Equinor, and Irene Gabler of SLB for reverse pitching! After the speaking program, we opened the doors for plenty of networking with climate champions from throughout the ecosystem. As always, thank you to everyone who attended! Our next networking event is our end-of-the-year #EnergyBar at Greentown Boston on Dec. 5, and our next event at Greentown Houston is Canary Media Inc. Live on Jan. 30. Browse the events calendar: https://lnkd.in/e3cZ33-t

We’re excited to welcome Sabanci Climate Technologies, the pioneer of Türkiye’s energy and utilities sector, as our newest Terawatt partner! Its corporate venture capital fund, Sabanci Climate Ventures, invests in category-leading startup companies and venture capital funds in the energy and climatetech sectors, helping to accelerate partnerships and European-market-expansion for its venture companies. “The depth and breadth of Sabanci Climate Technologies’ expertise across energy and climate verticals will be an invaluable resource to our community of climatetech startups,” said Aisling Carlson, our SVP of Partnerships. “As one of Türkiye’s leading investment holding companies engaged in a wide variety of business activities around the world, Sabanci’s partnership with Greentown presents ample opportunity for new market exploration and collaboration. We’re delighted to welcome them to the Greentown community!” Read the full announcement: https://lnkd.in/ebs-v3p6 Sabanci Holding

This week,?we were thrilled to announce?the third year of?#ACCEL—our accelerator with?Browning the Green Space designed to bolster BIPOC-led climatetech startups by offering access to funding, networking connections, resources, and opportunities that structural inequities put out of reach. Learn more about applying for this program, plus a roundup of member milestones and a peek at the events calendar, in our November newsletter:

NOCEnergy’s technology electrifies the production of high temperatures for heavy industrial processes while staying cost-competitive with fossil fuels and allowing manufacturers to keep their existing infrastructure. Its NOC Cell’s packed-bed heat exchanger delivers hot gas up to 1500°C to power boilers and kilns, taking in just a gas (such as cold ambient air) and electricity (whether from the grid or on-site renewables source). It can also store energy in the form of heat, enabling the use of renewables around the clock. NOC Energy is focusing first on electrifying steam production and mineral-drying processes. After completing its first industrial pilot this year, the company is now closing its seed round and planning for pre-commercial projects next year. Learn more about this Houston-based #startup:? https://lnkd.in/eXHQ239m

It's time for our monthly roundup of #startupnews! Our members and alumni De-Ice, Fervo Energy, Electra, and Nth Cycle made it onto the TIME100 Climate list and TIME Best Inventions of 2024 list, Transaera, Inc. brought in more than $10M, and Ebb Carbon signed a?marine-CO2-removal deal with Microsoft?that commissions the removal of 350,000 tonnes of CO2. Read our full roundup of announcements from November so far: https://lnkd.in/eyEZppbV

BIG NEWS: Year 3 of #ACCEL is here! We’re excited to announce that applications for the third year of this accelerator program for BIPOC-led startups with Browning the Green Space are now open. ACCEL bolsters startups as they develop critical climatetech solutions by offering access to funding, networking connections, resources, and opportunities that structural inequities put out of reach. The year-long program combines acceleration with a curated curriculum, incubation at Greentown, and extensive mentorship from Greentown and BGS’s networks of industry experts. Accepted startups gain up to $25k in non-dilutive funding, training from VentureWell, workshops on key topics, connections to investors and industry leaders, and more. Read the full announcement: https://lnkd.in/e9tWP8kR ACCEL is supported by the Massachusetts Clean Energy Center, Microsoft, and Barr Foundation.

Our final #EnergyBar of the year is coming up on Dec. 5! Join us in celebrating our community's biggest milestones of 2024 and chart a path forward for #climateaction in 2025, in partnership with Siemens. This is one you won't want to miss! Register: https://lnkd.in/exKmmb8e

We're proud to be hosting the finale for the first-ever Direct Air Capture (DAC) Academy, a new accelerator from ACT | The Alliance for Climate Transition and Cleantech Open Northeast / ACT supporting seven TRL 3-5 DAC startups from around the world. This event will feature a showcase and pitches from the participating startups, $50k in awards to five startups, a speaking program, and a networking reception. Join us at Greentown Boston on Tuesday, Dec. 10 from 3-6pm: https://lnkd.in/evz7t_fF

Student entrepreneurs: applications for the MIT Climate and Energy Prize are now open! Students and postdocs from all over the world are invited to apply for this leading #startup competition for innovations in climate and energy. ?? Early Bird Application Deadline: December 2, 2024 ?? Final Application Deadline: January 10, 2025 Apply here: https://cep.mit.edu/apply Register for the Nov. 14 information session: https://lu.ma/4kczudnb We'll be hosting the Semi-Finals networking reception at Greentown Boston in March. Best of luck to all applicants!