Los Angeles Cleantech Incubator

The Los Angeles Cleantech Incubator (LACI) is a prominent private non-profit organization dedicated to accelerating the commercialization of clean technologies and fostering an inclusive green economy. Based in Los Angeles, LACI serves as a critical hub for innovation, providing a comprehensive ecosystem of support for early-stage startups focused on sustainable solutions across sectors like clean energy, sustainable transportation, and circular economy. Unlike traditional venture capital firms, LACI's primary mission extends beyond financial returns to encompass significant environmental and economic impact, aiming to create green jobs and drive the adoption of sustainable practices.

LACI's investment approach is deeply integrated with its incubation and acceleration programs. Rather than solely providing large capital injections, LACI offers a multi-faceted support system that includes access to state-of-the-art prototyping labs, mentorship from industry experts, strategic partnerships, and a vibrant community. Their direct financial support typically comes in the form of program-related funding, grants, or small equity investments, designed to help startups de-risk their technologies and prepare for larger institutional funding rounds. This initial capital is often provided as part of their structured accelerator cohorts, which are highly competitive and tailored to the specific needs of cleantech ventures.

Since its inception, LACI has demonstrated a significant impact on the cleantech landscape. The organization has supported over 300 startups, helping them navigate the challenges of bringing innovative solutions to market. Collectively, LACI's portfolio companies have gone on to raise over $1.5 billion in follow-on funding from external investors, underscoring the effectiveness of LACI's incubation model in preparing ventures for growth. Furthermore, LACI's initiatives have contributed to the creation of over 2,500 green jobs, solidifying its role as a key driver of economic development and environmental sustainability in Southern California and beyond. Their typical initial investment, often tied to program participation, ranges from $50,000 to $200,000, serving as crucial seed capital for nascent cleantech ventures.