Greentown Labs

Greentown had an electric June as we celebrated Pride Month🏳️🌈 with our tight-knit community. Check out all of our events from the past month: ⚡ An exciting EnergyBar in celebration of Pride Month with Out in Climate featuring panelists Deanna Kenyon of EIT InnoEnergy and Kayla Goodale of Greentown Labs 📈 The third workshop of the Houston Ion District Investor Activation Program, Climatetech Angel Investing: From Pitch Deck to Deal Memo with Nisha Desai, Founder and CEO of Intention, and Somesh Singh, angel investor and President-Elect of TiE Houston 👭 A Women of Greentown Networking Lunch to connect and convene a gender-inclusive community at Greentown Boston 🤝 A members-only Town Hall featuring insights into Greentown’s latest updates and future plans 🏗 A Manufacturing Meetup with FORGE   🎉 Networking at Community Coffee and Donuts, Taco Tuesday, and at Aeronaut Brewing Company and Holman Draft Hall 🍽 Lunch at Greentown Houston to celebrate Juneteenth, the oldest nationally celebrated commemoration of the ending of slavery in the United States  🗣 A CTO and Technical Lead Roundtable led by Expert-in-Residence Sheri Palazzo  🥞 An Intern and Co-op Breakfast to bring together students from across the Greentown community  🔧 A workshop on “How to Create Your Personal Story” led by Mike Farber, a Greentown Advisor and co-founder of GreenStory  ☣ A training on the lock-out-tag-out (LOTO) process, the OSHA standard on the control of hazardous energy  📝 Crisis Communication 101 workshop with Eric Fischgrund, founder of FischTank PR 👥 People Ops Roundtable Kickoff Meeting led by Greentown EIR Nupur Amin  🥗 A CEO and Co-founder Roundtable Lunch   👩🔬 The monthly meeting of safety representatives from every member with lab space  💰 Fundraising Forums where Greentown members shared peer-driven feedback to support business development 📖 The quarterly convening of our Industry Leadership Council and Houston Advisory Board  🕛 Office hours with our Partnerships team As always, we are incredibly grateful to our resource providers and startup experts who help keep Greentown thriving. We are so proud of our amazing startups and can’t wait to see what they accomplish next! If you’re interested in joining the Greentown community, learn more here: https://lnkd.in/eUnbGQTT

Incredibly proud that our alum Sense is partnering with New England's foremost electric, water, and gas utility Eversource Energy to empower its 4M+ customers to optimize their homes' energy usage. Sense's home energy monitor uses machine learning and electrical signals to pull real-time data from homes' energy systems, offering insights into which appliances are using the most energy and when—enabling homeowners to optimize their usage according to when rates are lower and the grid has more capacity. ⚡ This is a fantastic example of how corporates like Eversource can utilize novel technologies like Sense's for a win-win result: improving resiliency and lowering emissions throughout the power grid while simultaneously saving consumers money. The support systems for climatetech throughout Massachusetts lend themselves to first-of-a-kind ecosystem that encourages these bold partnerships for #climateaction—and we're honored to support the startups that are at the center of it! Congratulations to Mike Phillips on this great collaboration and thanks for the shoutout in Newsweek! 🏡 https://lnkd.in/dEwhQWbC

Interested in joining our team in Somerville, MA? We’re looking for a CFO to take our financial operations to the next level as we grow and expand our impact! This role will manage all aspects of finance, accounting, and human resources, as well as contribute to strategic planning and organization-wide problem-solving. Learn more and apply: https://bit.ly/3P2WK6o

We're getting excited for the inaugural Houston Energy and Climate Startup Week on Sept. 9-13! This week-long celebration of all things #energytransition will highlight the startups and solutions at the forefront of decarbonizing the energy industry—and outline ways that investors, corporates, job-seekers, and many others can help drive a sustainable, resilient future. Learn more about the events that have been added to the lineup thus far and register: https://lnkd.in/eK5Wm84Y Houston Energy Transition Initiative (HETI) Rice Alliance for Technology and Entrepreneurship Ion Houston Activate Halliburton Labs Digital Wildcatters

It was wonderful to convene at the Massachusetts State House this morning to celebrate the many Greentowners who were named to TIME's 2024 list of Top Greentech Companies including Blackburn Energy, Inc., Clean Crop Technologies, Inc., Eden, Form Energy, LineVision, Nth Cycle, SparkCharge, Sublime Systems, Singularity Energy, and Malta Inc, with Governor Maura Healey, Lt. Gov. Kim Driscoll, Sec. Yvonne Hao, Sec. Rebecca L Tepper, Undersecretary Ashley Stolba, and MassCEC CEO Emily Reichert! Thank you all of the champions in the MA Administration and legislature whose support for climatetech innovation enables these startups to start, grow, and stay in MA. The MA representation on the list is proof that the Commonwealth is a leading #climatetech hub and can continue to drive progress and innovation across the industry for many years to come. Big thanks also to the Massachusetts Competitive Partnership for hosting a fantastic panel discussion with some of MA's successful climatetech startup leaders, including our alumni Hudson Gilmer of LineVision, Joshua Aviv of SparkCharge, and Shreya Dave of Via Separations, who shared insights about the key support mechanisms that enabled their development and growth in the state. It's been a privilege and a pleasure to have their teams within the Greentown community over the years and we're enormously proud of all they've achieved!

Our team was thrilled to attend the ribbon-cutting for our member Nth Cycle's new headquarters in #BurlingtonMA! Nth Cycle's progress has been astonishing ever since the startup joined our community at Greentown Boston in 2021, when it was developing its critical-mineral-recycling technology. Its patented modular refining system, The Oyster, extracts high-purity, production-grade critical metals from from industrial scrap, low-grade ore, and refining waste, using just electricity and water as opposed to hydrometallurgy or pyrometallurgy. This clean and less energy-intensive electro-extraction method enables circularity for the critical minerals and metals that are rising in demand for the energy transition and widespread electrification. Earlier this year, the company announced a $7.2M tax credit allocation from the #IRA's Advanced Energy Project Tax Credit (48C) program administered by the U.S. Department of Energy (DOE) to help establish the nation's first large-scale production of Mixed Hydroxide Precipitate (MHP) at the company's facility in Fairfield, Ohio. Nth Cycle's MHP "yields unprecedented purity of nickel and cobalt hydroxide while helping battery companies comply with the Inflation Reduction Act's domestic materials requirement for EVs." Sending a huge congratulations to Megan O'Connor and the entire Nth Cycle team for opening the new headquarters and lab space in Burlington—we can't wait to see what you accomplish in this next stage of growth! 👏

Monthly member news alert🚨! 👉 M2X Energy Inc. raised a $40M Series B to accelerate the manufacturing and deployment of its transportable gas-to-liquids system. 👉 Haffner Energy is partnering with LanzaJet to develop the “Paris-Vatry SAF” sustainable aviation fuel production plant at the Paris-Vatry airport.  👉 Hertha Metals won first place and $100k in the Summer 2024 EPIC Pitch Competition.  👉 SiTration, Inc. raised an oversubscribed $11.8M seed round to scale the recovery of critical metals from lithium-ion battery recycling to mining and deploy its pilot systems. 👉 Matterworks launched Pyxis, a new AI-powered platform for identification and absolute quantitation from mass spectrometry data.  👉 Capwell Services, Corrolytics, and Greentown alum Mitico were accepted to the Rice Alliance Clean Energy Accelerator Cohort 4. Check out more of our members' exciting news: https://lnkd.in/exrhguVq 

Twenty startups joined our community in Q2 2024, working on innovations ranging from refrigerant-free heat and AC, to solar-panel recycling, to electrochemical seawater desalination. Let us introduce you: 🌲 One agriculture startup: GS VORTEX SYSTEMS  🏗 Three buildings startups: Climative, Enersion Inc., and Monaire  ⚡ Two electricity startups: BiaTech Corporation and Infranergy  ⚙ Eight manufacturing startups: BERKM inc, Ensovi, Inc., GreenLabs Recycling, M2X Energy Inc., Neuralix.ai, RTV ReturnToVendor, Reverse Energy Solutions Corp, and Terralytiq 🌎 Five resiliency + adaptation startups: 7Analytics, EnergyGigs, Metalex, NONA Technologies, and TDS Select 🚗 One transportation startup: EVident Battery, Inc. Read our full roundup to learn more about these new members and join us in welcoming them to the Greentown community!  https://lnkd.in/gnZNExKF

Only blue skies are ahead for the Greentown community! We’ve welcomed 20 new startups throughout Q2, and as we celebrated Pride Month and Juneteenth, our current startups raised over $65M in funding. This newsletter shines a light on our members and their accomplishments, features exciting Greentown updates, and looks into all of our upcoming events. Check it out: 

We’re excited to share that Prithvi Ventures, a longtime member and engaged investor within our community, will be donating a percentage of proceeds received from its Fund 1 and Fund 2 to Greentown on a quarterly basis, in perpetuity. “There’s an understanding in sports that the best teams always take responsibility and accountability for their own and look out for each other—that the members of the team are a reflection of the franchise,” said Kunal Sethi, Founder and General Partner at Prithvi Ventures. “I have always believed the same to be true in venture, too. Founders should know their supporters, team, and cap tables inside and out. It matters who you surround yourself with and Greentown Labs is always the first name that comes up for me. Every founder in climatetech should work with them or they’re missing out on so much.” We are delighted to deepen our relationship with Prithvi Ventures and extend our gratitude for its ongoing support. “Through this new partnership, Prithvi Ventures and its limited partners are setting an example for how the venture community can more directly support the incubators and accelerators working to catalyze climatetech innovation and entrepreneurship,” said our Senior Vice President of Partnerships Aisling Carlson. Read the full announcement here: https://lnkd.in/d_geKSp3