News

Greentown Labs Member Milestones — June 2024

Our 200+ startups never fail to impress us with their hard work and commitment to scaling their climatetech solutions! Check out their latest accomplishments below. 

Interested in engaging with or joining our community of climatetech startups? Learn about how you can take action with our members or apply for startup membership

Funding 

  • M2X Energy, which develops a modular, transportable gas-to-liquids system to economically produce low-carbon methanol, raised a $40M Series B to accelerate the manufacturing and deployment of its system.
  • AeroShield Materials received a $14.5M ARPA-E SCALEUP award to scale the manufacturing of its aerogel materials for energy-efficient windows. 
  • SiTration 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.  
  • Tender Food, a startup that produces plant-based meats using natural proteins, raised an $11M Series A to deploy and further develop its product. 
  • ecoLocked received €4M to continue its efforts in decarbonizing the construction industry using its carbon-negative building materials. 
  • Optigon, which is developing tools to accelerate advancements in the photovoltaic industry, received a $1.3M fast-track SBIR from the Department of Energy for developing “rapid multi-modal characterization tools for PV manufacturing.” 
  • Corrolytics, which is digitizing corrosion-detection and asset-integrity monitoring in industrial infrastructure, received a $200k Phase I Award from the U.S. Department of Transportation’s SBIR program. 
  • Greentown alum Verne received funding through the U.S. Army Energy Demand Reduction and Clean Energy Tech SBIR program to research cryo-compressed hydrogen vehicles for the U.S. Army. 

Partnerships + Deployments 

Awards + Recognitions