News

Greentown Labs Startup News Roundup — May 2026

Our 260+ 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

  • Highland Park Technologies was awarded $700k from MassTech’s Manufacturing Innovation Initiative to build an in-house manufacturing line producing 2,000 square feet of insulated cladding per day for low-rise residential buildings, in partnership with FORGE.
  • Harmony Desalting received a $270k grant from the New Mexico Environment Department to develop high-recovery groundwater desalination for livestock.
  • Transaera received a $125k grant from The Clean Fight’s National Deployment Grant Fund to deploy its high-efficiency heat pump and dehumidification system at a multifamily building in Washington, D.C.
  • Greentown alum Fervo Energy, a next-generation geothermal power developer delivering 24/7 carbon-free energy, raised $1.9B in its upsized IPO, selling 70 million shares at $27.
  • Greentown alum Moment Energy closed a $40M Series B to build the world’s largest second-life battery factory, repurposing retired EV batteries into stationary energy storage systems.

Partnerships + Deployments

Awards + Recognition