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Dear Friends of Greentown Labs,

The New York Times recently published a deep dive into the energy transition—and discovered that it’s moving forward with remarkable momentum.

Here are some of the Times’ key findings:

Renewable energy is projected to become the leading source of global electricity by 2025.
Investors will likely funnel more than $1.7T into clean energy technologies this year.
Electric vehicle sales are up nearly 50 percent compared to last year.
Areas of the U.S. that have deep historical ties to oil and gas—including Houston, TX and Tulsa, OK—are making major strides in clean energy.
“Clean energy is moving faster than many people think, and it’s become turbocharged lately,” the executive director of the International Energy Agency told the Times.

This is a historic moment in the energy transition, and we at Greentown are seeing the Times’ findings come to life before our eyes—as our startups deploy their tech, raise capital, form strategic partnerships with industry leaders, and more. Here are just a few examples of their recent progress:

Form Energy won a $12M grant from the New York State Energy Research and Development Authority to roll out a 10 megawatt / 1000 megawatt-hour iron-air battery system in New York State.
CalWave is installing its technology that converts wave energy into electricity at a wave-energy test site in Oregon.
Energy Dome, a startup pioneering a large-scale and long-duration CO2 battery, added €15M to its Series B, closing the round at €55M.
LineVision launched a new product called LineVision LUX, the power transmission industry’s first non-contact sensor.

Now, we need all this progress to spur further action. There’s still an incredible amount of work to do as we collaboratively build a decarbonized, resilient future—and we need all hands on deck.

Here’s how you can engage with our community of more than 200 climatetech startups and help advance their technologies:

Investors: get connected with our world-changing entrepreneurs.
Corporates: explore partnering with Greentown and our startups.
Industry experts: mentor a startup.
Job seekers: work at one of our startups—there’s a place for you, no matter your background or skill set.
Other climate champions: attend an event so you can learn about more ways to engage with our member companies and the climatetech ecosystem.

As always, thank you for your commitment to climate action!

Warmly,
The Greentown Labs Team

ICYMI: Greentown Announces a New CEO + a Houston GM

Last week, we announced Greentown Labs’ next Chief Executive Officer, Kevin Knobloch! Kevin has held leadership roles at a myriad of organizations focused on climatetech and clean energy, including the U.S. Department of Energy, the Union of Concerned Scientists, OceanGrid LLC, and most recently, Knobloch Energy. We’re excited for Kevin to leverage his extensive knowledge of established and breakthrough energy technologies, clean energy business development, and climate policy as he charts Greentown’s next chapter of growth; check out a Q&A with Kevin in the Boston Business Journal!

We also announced a first-ever leadership post at our Houston incubator, welcoming Timmeko Moore Love—a proven leader of venture capital and accelerator programs with a background in engineering—as our Houston General Manager and Senior Vice President! We are excited to have Timmeko at the helm of our work in the energy capital of the world, where she will lead Greentown Houston’s business operations and growing team and build on our current membership base of 75+ startups. Read more in EnergyCapitalHTX!

How You Can Support the ACCEL Cohort

Want to work with the inaugural cohort of ACCEL, an accelerator from Greentown and Browning the Green Space for BIPOC-led startups? Register for the ACCEL Showcase here and watch the videos below to learn how you can help the startups—in the founders’ own words!

Recent Reads

Helix Earth Technologies is developing air-conditioning technology that could cut today’s global CO2 emissions by two percent while saving $100B in annual energy costs. Read a feature on its tech here.

Reframe Systems is leveraging microfactories, robotics, and “mass customization” to usher in a new era of cost-effective, net-zero, and highly scalable prefab homes. Here’s how.

Mark Your Calendars for These Upcoming Events

Sept. 12: ACCEL Showcase [Greentown Houston]
Join the inaugural cohort of ACCEL—an accelerator from Greentown and Browning the Green Space for BIPOC-led startups—at this showcase to learn about their technologies, what they’ve accomplished in the first six months of the program, and where they’re headed next.

Sept. 12: Climatetech Career Fair [Greentown Boston]
Greentown startups are not only developing climatetech solutions—they’re building a climate workforce that is ready to harness the massive economic opportunities of the energy transition. And that climate workforce is hiring.

Sept. 13: Climatetech Cocktails [Greentown Boston]
Grab a drink with CTC, Silicon Valley Bank, Greentown, and best-in-class climatetech founders.

Sept. 15: Ion District Career Fair and Company Expo [Ecosystem Event]
Greentown Houston is thrilled to partner with The Ion and Capital Factory on this year’s Ion District Career Fair!

Sept. 21: EnergyBar: New Member Spotlight [Greentown Boston]
Join our fall EnergyBar to hear lightning pitches from some of our newest startup members and network with entrepreneurs, investors, corporate leaders, students, and other climate champions.

Sept. 27: Go Make 2023 Kickoff Event [Greentown Boston]
We’re kicking off Go Make 2023 with Shell—a Greentown Go startup-corporate partnerships accelerator that aims to enable a circular, net-zero economy by advancing solutions for carbon utilization, storage, and traceability. Attendees will hear lightning pitches from the startup finalists!

Oct. 5: Houston CDR Happy Hour [Greentown Houston]
We’re bringing together the growing carbon-management community in Houston with this happy hour featuring startups from the Carbon to Value Initiative’s Year 3 Cohort. Connect with our community of climatetech startups and partners over snacks and drinks!

Oct. 24-26: VERGE 23 [Ecosystem Event]
Join the growing VERGE ecosystem of more than 5,000 professionals for this solutions-oriented event. By attending, you’ll gain access to inspiring keynotes, engaging breakout sessions and tutorials, innovative exhibit displays, networking events, and more.

Nov. 1-2: Greentown Labs Climatetech Summit [Greentown Houston + Greentown Boston]
For our biggest event of the year, we’re inviting you, your colleagues, and all the climate champions in your life into our Houston, TX and Boston, MA incubators for a day of hands-on exploration with our 200+ startups and their climatetech solutions; keynotes and sessions featuring leaders across climatetech, finance, policy, and justice; and networking with industry trailblazers. Check out the Houston and Boston agendas!

Last Chance to Apply!

TEX-E Bootcamp for Climatetech Entrepreneurship 2023: Students, faculty, and staff from Texas universities: apply by Aug. 27! Join instructors from MIT’s groundbreaking Climate & Energy Ventures Course and faculty from multiple Texas universities who will offer a collaborative deep dive into energy innovation and entrepreneurship.

Greentown Go Build 2023: This program with Saint-Gobain is accepting applications through Aug. 31! Go Build 2023 will focus on enabling circularity and decarbonizing the built environment by revolutionizing buildings, old and new. We’re seeking applications from innovative startups at TRL 3 and above developing innovations to extend product life cycles, alternative raw materials, and enabling technologies for waste revalorization; see the full request for applications here.

Greentown is Hiring!

Accounting Manager (Boston, MA)
Investor Program Associate (Boston, MA)

Thank You to Our Partners 🌍

The Energy Transition, ‘Turbocharged’

From The Ecosystem

The Energy Transition, ‘Turbocharged’