Our impressive group of 200+ startups is always hard at work scaling its 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

• American Battery Technology Company (ABTC) received two contracts from the U.S. Department of Energy (DOE): a $57M contract for its first-of-kind, commercial-scale, lithium-hydroxide-manufacturing facility in Tonopah, NV, and a $20M contract to advance next-generation battery-recycling technologies. The startup also secured up to $50M in debt financing.
• Lydian, a Greentown alum, raised $12M in seed funding to decarbonize air travel with power-to-liquid fuels.
• Nth Cycle received $3M from the DOE to advance its cutting-edge electro-extraction technology for critical minerals. 
• florrent, an ACCEL cohort company, raised a $2.1M pre-seed round for its uniquely derived pure-carbon electrode energy storage medium technology.
• Advent Technologies, a Greentown alum, secured a $2.2M contract with the U.S. Department of Defense, paving the way for higher production volumes of portable fuel-cell systems.
• Onvector received a $1.25M SBIR Phase II contract from AFWERX for destroying PFAS (also known as “forever chemicals”). 
• Helix Earth Technologies received a Phase I SBIR Grant for $275K from the National Science Foundation for its energy-efficient air-conditioning tech.

PARTNERSHIPS + DEPLOYMENTS

• Amogy, a Greentown alum, is developing a 53k-square-foot, $40 million manufacturing facility in Houston for its carbon-free, ammonia-to-power technology that will employ 200 people.
• Cemvita will provide up to 1 billion gallons of sustainable air fuel to Greentown partner United Airlines.
• Fervo Energy will partner with a student from Texas A&M University to support their study of induced seismicity associated with geothermal development under a DOE and National Science Foundation program. Additionally, Fervo will start drilling at a Utah site capable of delivering 400 MW of geothermal energy.
• GPR shipped the first commercial units of its automobile-positioning technology.
• ABTC and Greentown partner BASF are partnering to provide the North American market with a regional, closed-loop solution for lithium-ion batteries.
• CeraPhi will help launch the UK’s first geothermal well, using its patented solution to extract clean, renewable energy from underground.
• Spare-it deployed its first waste data solution to reduce waste and associated costs in Nashville, TN.

AWARDS + RECOGNITION

• Active Surfaces, an ACCEL participant, won the Kajima Innovation Award in the Lee Kuan Yew Global Business Plan Competition.
• Leaders from Greentown members and alumni Community Energy Labs, Mars Materials, and Electra are included in the 2023 Grist 50.
• Mantel and Mars Materials were named two of the “10 most promising energy tech companies” at Energy Tech Venture Forum.
• Applied Bioplastics’s founder was selected to StartOut and J.P. Morgan’s newest cohort of 10 innovative companies for the StartOut Growth Lab Accelerator.
• Greentown members and alumni Electric Fish, IncentiFind, DirtSat, and Mars Materials were named to the 35 Climate Tech Startups to Watch list put out by GreenBiz.
• GenH’s co-founder Siddarth Pannir won the Cade Prize in the Energy category for the startup’s Adaptive Hydro technology that works to electrify non-powered dams.
• Sublime Systems has been granted the ASTM C1157 designation, ensuring its compliance with major U.S. and international building codes for construction projects.
• Greentown members and alumni Desktop Metal, Air Company, and Amogy had leaders named to the MIT Technology Review’s 35 Innovators Under 35 list.