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Dear Friends of Greentown Labs,

Thank you to everyone who joined us at the Greentown Labs Climatetech Summit earlier this month! We were thrilled to see hundreds gather in each of our incubators—and many more online—to celebrate climatetech entrepreneurship, explore collaborative solutions for commercialization, and make crucial connections across the ecosystem.

In Boston, we dove into the Inflation Reduction Act, equity in Massachusetts’ climate action, and advice from investor-startup pairs, while in Houston, we zeroed in on the city’s role in the energy transition—from the ability to rapidly commercialize climate solutions, to the effectiveness of startup-corporate collaborations, to the region’s potential to be a global hydrogen hub. Both events featured startup showcases with our incredible members, lightning pitches, investor networking sessions, and more.

Couldn’t make it, or want to revisit a panel? Check out recaps of the Houston and Boston events here and here, complete with session recordings and photo galleries. And a special shoutout to our event sponsors—Capgemini, Enel, Chevron, and Somernova—who helped make the summit possible!

As always, please don't hesitate to reach out if you want to engage with or support our community. Thank you for your commitment to climate action!

Warmly,
The Greentown Labs Team

Member Milestones

What does climate action look like? Climatetech startups receiving funding, winning awards, deploying their tech around the world, and more! Read a roundup of our members’ recent milestones here and check out some highlights below:

Electra raised an $85M round to electrify and decarbonize ironmaking and steelmaking.
Cemvita Factory launched a program with Arizona Lithium for environmentally friendly lithium extraction.
Enviro Power deployed its high-efficiency SmartWatt Boiler at Wesleyan University, converting heat that would otherwise be lost in traditional boilers into useful electricity.
Dandelion Energy raised a $70M Series B-1 round to install geothermal heating and cooling solutions.
Fervo Energy announced a 20 MW power purchase agreement to provide 24/7, carbon-free geothermal power to a group of nine California-based community choice aggregators.
AeroShield Materials, a manufacturer of super-insulating materials to decarbonize the built environment, closed a $4M seed round.
CeraPhi Energy signed a strategic exclusivity agreement with Greenglove Boreholes to deploy its tech in the UK and Ireland.

ICYMI: New Program Announcements

This fall, we were excited to announce two highly collaborative new programs: one to support BIPOC founders and one to foster Texas’s student-driven entrepreneurship ecosystem.

Advancing Climatetech and Clean Energy Leaders (ACCEL), an accelerator from Greentown and Browning the Green Space, is seeking applications from climatetech startups with founding and executive teams that are primarily made up of BIPOC leaders. This recurring, year-long program combines startup acceleration with a curated curriculum, incubation at Greentown, and extensive mentorship from our networks of industry experts.

Here are ways to get involved:
- If you’re a startup: apply by Dec. 23
- If you’re interested in funding or supporting the program: get in touch
- If you’re eager to learn more: sign up for ACCEL updates

The Texas Entrepreneurship Exchange for Energy (TEX-E)—a collaboration among Greentown, MIT’s Martin Trust Center for Entrepreneurship, and universities across Texas—will train and empower the next generation of entrepreneurs to lead the energy transition and to share in the massive economic opportunity it entails, implementing lessons learned from building a successful university entrepreneurship ecosystem in the Greater Boston area.

How to get involved:
- If you’re a student or university representative: sign up for the TEX-E newsletter
- If you’re excited to support TEX-E or learn more: reach out here

Mark Your Calendar

December 1: Carbon to Value Initiative Year 2 Final Showcase [New York]

Join the Urban Future Lab at NYU Tandon School of Engineering, Greentown, Fraunhofer USA, Year 2 Cohort Champion Fluor, and NYSERDA this December to hear from the eight exciting Year 2 cohort startups shaping the future of the carbontech industry as they each present their unique solutions, the progress they’ve made over the six months of the Carbon to Value Initiative, and where they are headed next.

Celebrating Indigenous Climate Champions

Happy Native American Heritage Month! We’re taking this opportunity to honor and amplify Indigenous leaders and organizations that are taking bold climate action. Here are some to check out:

Chéri Smith is the founder and CEO of the Indigenous Energy Initiative, which works with Native communities to implement renewable energy, develop energy sovereignty, and create jobs. Follow the initiative on Twitter.
Henry Red Cloud is the executive director of Red Cloud Renewable, a Native-led nonprofit bringing renewables to tribal communities through solar training, sustainable buildings workshops, and more. Follow Red Cloud Renewable on Facebook.
Robert Blake founded Solar Bear to create jobs and entrepreneurship opportunities in Native communities, alongside the nonprofit Native Sun Community Power Development. Learn more about him in Canary Media.
The Indigenous Innovation Initiative empowers First Nation, Inuit, and Metis innovators and communities to identify and solve challenges, transform lives, and drive inclusive growth through innovation. Follow the initiative on Twitter.

Greentown is Hiring!

The Greentown team is growing! We are hiring the following roles:

Accounting Manager (Boston, MA)
Facility Manager (Houston, TX)
Front Desk Coordinator (Houston, TX)

Thank You to Our Partners 🌍

Scenes from the Climatetech Summit, New Program Announcements, + More