Tag: LACI

Attend Venture Summit West 2016

Posted on February 21, 2016 by - N-News

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Venture Summit | West 

March 1st – 2nd, 2016
Computer History Museum | Mountain View, CA 

Where Innovation Meets Capital 

LACI is pleased to announce its sponsorship and invite you to attend Venture Summit | West presented by youngStartup Ventures.

Special discount.  Use discount code “LACIVIP” and receive $100 off the Current rates.

Come meet, interact and network with more than 500 VCs, Corporate VCs, angel investors, investment bankers and CEOs of early stage and emerging growth companies at the prestigious  Venture Summit | West being held on March 1st – 2nd , 2016 at the Computer History museum in Mountain View.

Whether you’re a startup seeking capital and exposure, or an investor seeking new deals, Venture Summit | West presented by youngStartup Ventures – is one event you won’t want to miss.

 Register at youngStartup Ventures.

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2015: The Year in Pictures

Posted on January 17, 2016 by - N-News

LACI Year In Review 2015

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2015 was a transformative year for LACI. The organization’s beginnings in a converted bus repair terminal have given way to a sparkling new address at La Kretz Innovation Campus, a move that positions LACI at the focal point of cleantech innovation in Los Angeles.

We have many people to thank for this continued growth and good fortune: We’re lucky to have worked with mayors who possess great vision. Honored to work with the LADWP, whose confidence in us is a daily inspiration. Grateful for our academic partners, mentors and advisors: you continue to be a wellspring of innovation and invention.

It’s not all luck: it takes the tireless efforts of our staff, the dedication of our executives, and most of all the creativity and persistence of our portfolio companies to make this all happen.

As we move forward into our 5th year and continue to broaden our outreach, expand our services and further our mission of building great cleantech companies, we wanted to take a look back and once again say to all who give so freely of their time, wisdom, and advocacy: thank you.

LACI Year In Review 2015

(1) The year began with a visit to Greentown Labs, a Boston area incubator who would later join LACI’s Network for Global Innovation (NGIN) on Earth Day, April 22nd  (2) The Advanced Transportation Center of Southern California opened for business at LACI in February (3) LACI’s satellite network continued to expand in 2015, with LACI@CSUN building a successful program in Northridge featuring portfolio companies Got Gift Cards and Project Pals and SVCI in Silicon Valley working with new portfolio company Nevados Engineering (4) LACI CEO Fred Walti is shown visiting NGIN member Borderstep Institute in Berlin last February. In 2015 NGIN grew to 15 members in key markets in 7 countries around the world.

LACI 2015 Year in Review

(5) On April 8th, Mayor Eric Garcetti unveiled his landmark Sustainable City pLAn outlining a set of goals and directives to improve Angelenos’ environmental and economic quality of life. The pLAn directly cites $50 million dollars of private investment raised by LACI portfolio companies as an example of “LA’s Leadership to Date.” (6) Pick My Solar had a blockbuster 2015, winning an Outstanding Small Business Ward from the SBA, Techweek’s Grand Championship and the DoE’s Sunshot Catalyst Award   (7) VP of Partnerships Mike Swords is shown giving Secretary of State Alex Padilla a tour of La Kretz Innovation Campus, a hot ticket even before its construction was complete (8) Other Campus visitors included the SBA’s Eileen Sanchez (9) White House Cabinet member Maria Contreras-Sweet, who presented LACI with a $50,000 check for its win in the SBA Growth Accelerator Fund Competition and (10) State Senator Kevin de Leon who also spoke at May’s LACI Leadership Council meeting. Other 2015 Leadership Council speakers included CA Secretary of State Padilla and Brogan Bambrogan of Hyperloop Tech (11) LACI companies enjoyed a successful 2015, including Repurpose (CEO Lauren Gropper pictured) getting shelf space for their line of compostable cups plates and utensils at Safeway stores (12) Chai Energy’s app went live with SDGE, SCE and PG&E in 2015 (CEO Cole Hershkowitz pictured) (13) Isidore Electronics Recycling now employs 13 people full-time and is now the premier R2 certified company in Los Angeles (Kabira Stokes pictured) (14) Freewire Tech’s Arcady Sosinov appeared on CNBC as Freewire won $35,000 in the Secure America’s Future Energy competition with it’s Mobi technology. Other LACI company developments featured Grid Logistics securing a patent for their containerized goods transportation system, Local Roots raised a round of financing and moved into a new headquarters in Vernon. Green Way Labs developed a second brand of cleaner (Verday) and its Masticlean product is carried in 135 Lowes stores. Juicer unveiled a new concept in Motorbicycles, Current EV launched its new website, Perception Robotics , Cal Lithium Battery and Ecoponex continued to advance their disruptive technologies. CAGIX launched its beta site, Vena Water received a $300K round of funding and got to pitch its technology in Dubai. Revoterial continued in its quest to minimize the toxicity of the fashion industry and Xelnt’s client list for it’s NanoTec-ERA continues to grow.

LACI 2015 Year in Review

(15-19) The LACI Cleantech Global Showcase (GloSho15) brought the cleantech world to Los Angeles. This year’s conference was focused on the nexus of three themes: the cleantech investment outlook, innovation, and global markets. Glosho15 featured almost 600 guests, 50+ speakers including LA Mayor Eric Garcetti, Steve Westly and CA Secretary of State Alex Padilla, spirited and informative panel discussions, 30+ investors and over 50 companies from 17 different countries presenting their technologies at the JW Marriott at LA Live.

La Kretz Innovation Campus

(20-23) LACI moved into it’s new headquarters at the 60,000 square foot La Kretz Innovation Campus in Downtown Los Angeles on October 30. Owned by the Los Angeles Department of Water and Power, this remarkable facility features collaborative workspace, offices, R&D and prototyping labs, conference rooms, a workforce-training center, and more. The campus provides an abundance of options and opportunities for the innovation ecosystem LACI is building and provides physical space for the organization to grow.

LACI 2015 Year in Review - 4th Quarter Photo

(24) November spawned a new international collaboration as LACI and MaRS Cleantech, announced a cooperation agreement aimed at the advancement of a sustainable future for both cities at an event attended by Ontario Premier Kathleen Wynne. (25) In November Vice President of the United States Joe Biden visited LACI to take part in a roundtable discussion with Fred Walti and Mayor Eric Garcetti to discuss jobs and clean technology. (26) Panelists included LADWP General Manager Marcie Edwards, Deputy Mayor of Economic Development Kelli Bernard, LACI Board Members Jim McDermott, Richard Morganstern and David Nahai, TCW Managing Director Tom Soto, as well as several entrepreneurs from LACI’s portfolio companies. (27) LACI was ranked #3 on the list of World Top University Associated Business Incubators for 2015, by UBI Global. (28) Robert Rutherford and Jon Miller of Hive Lighting will receive the International Press Academy’s (IPA) 2015 Tesla Award for Visionary Achievement in Filmmaking Technology for their revolutionary plasma lighting.

Wow. After a year like that, we can’t wait to see what 2016 has in store.
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LACI Ranked #3 On UBI List of World Top University Associated Business Incubators for 2015

Posted on December 15, 2015 by - N-News

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Stockholm, Sweden – (December 15, 2015) The Los Angeles Cleantech Incubator (LACI) was ranked #3 on the list of World Top University Associated Business Incubators for 2015, announced today by UBI Global.

This is the second consecutive year LACI has received an honor from UBI’s world-renowned rankings, as the 4-year old incubator was recognized as the #6 Incubator globally by UBI in 2014. LACI has proven a successful incubation and commercialization model and established itself as a global leader among cleantech incubators, helping over 40 companies, who have raised $60 million and have created more than 700 jobs.

“Our #3 ranking 2015 by the UBI Index is especially gratifying given that we were #6 in 2014, signifying that our hard work and methods continue to improve,” said LACI CEO Fred Walti. “Moreover, we’re equally proud of being awarded the High Impact Incubator of North America award, showing that our focus on delivering results is receiving recognition as well. Finally, I’m proud that we have achieved these awards for more than our work in cleantech, but across all categories of business incubators.”

UBI Global provides their rankings and benchmarks of University Business Incubators and University Business Accelerators through a proper representation of worldwide incubation programs. This year the final participants were selected by assessing 1200 incubators after which over 340 from 64 countries were retained for the benchmark.

“The importance of discovering and identifying these top performing incubators is underlined by our studies, which show that top benchmarked incubators provide almost half of the total economic impact within the incubation market” says UBI Global CEO and Co-founder, Ali Amin. “Highlighting some of their best practices will help universities, governments, incubation agencies and corporations to improve the incubators they support.”

Incubation is widely recognized as being one of the most effective tools for economic development. As incubation and acceleration options grow, it’s more important than ever for companies to understand the value they get from incubators.

UBI Global’s rankings are based on a broad range of performance indicators, which are measured using a unique research framework, all against an established and trusted methodology well developed by researchers, practitioners and industry experts (see ubi-global.com for details.)
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Hive Lighting Co-Founders Receive Prestigious IPA Tesla Award

Posted on December 11, 2015 by - Portfolio Companies, N-PortfolioCompanies

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Los Angeles Cleantech Incubator’s Hive Lighting Receives Prestigous International Press Academy Tesla Award

LOS ANGELES (December 11, 2015) – Hive Lighting (Hive), a Los Angeles Cleantech Incubator (LACI) portfolio company, announced that it will receive the International Press Academy’s (IPA) Tesla Award for Visionary Achievement in Filmmaking Technology for 2015. Hive’s co-founders, Robert Rutherford and Jon Edward Miller, will accept the award at the International Press Academy (IPA) Satellite Awards on February 21, 2016 in Los Angeles. IPA is recognizing Hive’s energy efficient, full spectrum, flicker-free plasma lighting systems in the category of Recognition of Visionary Achievement in Filmmaking Technology 2015.

Hive Lighting is the first and only company to bring plasma lighting technology to the entertainment industry. Its plasma lighting is based on the company’s arc lamp technology that closely resembles natural daylight. To date, Hive’s lighting fixtures have been used on numerous movie, television, and commercial sets both domestically and internationally. Most recently, Hive Lighting’s technology lit late night show Jimmy Kimmel Live in Brooklyn, the 2015 New York City Marathon, and Mena, a Tom Cruise movie, which premieres in 2017.

LACI is a non-profit, private-public cleantech business incubator that helps promising cleantech entrepreneurs, like Hive Lighting, achieve market success by accelerating their development through flexible office space, CEO coaching, mentoring and providing access to a network of experts and capital. Hive Lighting is one of 28 promising portfolio companies LACI currently guides from their new home at the La Kretz Innovation Campus, a facility built and owned by the Los Angeles Department of Water and Power in the heart of Los Angeles’s Arts District.

“We are thrilled that Hive Lighting is receiving this prestigious award, as it serves as a testament to the important, innovative work they’ve created while here at LACI,” said LACI President and CEO Fred Walti. “We congratulate Hive on this great achievement.”

“It is an honor to receive the Tesla Award,” said Miller. “We’re proud to be a part of the long tradition of entrepreneurs inspired by Nikola Tesla’s groundbreaking inventions. As a young company we accept this award not only as recognition of what we have accomplished, but also as a challenge to continue to innovate and create superior tools for filmmaking in the future.”

IPA created the Tesla Award in 2001 to honor game changing pioneers who continue to influence the way filmed entertainment evolves. Rutherford and Miller join a prestigious list of recipients, including James Cameron, George Lucas, and special effects master Stan Winston.
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For More on Hive Lighting:

https://hivelighting.com

https://www.hollywoodreporter.com/news/2015-satellite-award-nominees-announced-844739

https://www.pressacademy.com/news/hive-lighting-plasma-wizards-to-receive-tesla-award/
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Pick My Solar Shines
in DoE and Techweek Competitions

Posted on December 10, 2015 by - Portfolio Companies, N-PortfolioCompanies

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Thursday December 10th was a momentous day for LACI Portfolio Company Pick My Solar.

COO Chris Blevins was in Philadelphia, pitching the company’s innovative Solar Book software in the DoE’s SunShot Catalyst Award, while at the same time CEO Max Aram was in Miami competing to win Techweek’s LAUNCH Grand Championship. Both came away winners in a day that netted the company $150K in prizes, capping a year in which Pick My Solar had already taken home the SBA’s Outstanding Small Business of the Year Award, as well as an earlier $50K win in Techweek’s LAUNCH LA competition.

LACI congratulates Pick My Solar on a fantastic 2015 and we can’t wait to see what 2016 has in store for them.
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Vice President Joe Biden Visits LACI

Posted on November 17, 2015 by - N-News

Fred H. Walti, II, CEO, LACI, United States Vice President Joe Biden, Los Angeles Mayor Eric Garcetti
VP, Los Angeles Mayor Eric Garcetti, and LACI CEO Fred Walti Take Part in Cleantech Roundtable

On Monday November 16, Vice President of the United States Joe Biden visited the Los Angeles Cleantech Incubator (LACI) to take part in a roundtable discussion with Los Angeles Mayor Eric Garcetti, LACI CEO Fred Walti and a panel of investors and entrepreneurs to discuss jobs and clean technology.

Panelists included LADWP General Manager Marcie Edwards, Deputy Mayor of Economic Development Kelli Bernard, LACI Board Members Jim McDermott, Richard Morganstern and David Nahai, TCW Managing Director Tom Soto, as well as several entrepreneurs from LACI’s portfolio of companies, who got the Vice President’s ear for a few minutes while getting to share with him their innovative technologies.

Biden’s visit gave Mayor Garcetti and LACI’s Fred Walti a chance to show off the newly opened La Kretz Innovation Campus, a facility built and owned by the Los Angeles Department of Water and Power and now LACI’s home in the Arts District of Downtown Los Angeles. Garcetti’s opening remarks highlighted the features of the new facility and the impact La Kretz will have on the economy and the cleantech landscape in Los Angeles.

“LACI recognizes that while we face global challenges, what we need are local solutions. Solutions like this… in every city,” said Mayor Garcetti in his opening remarks. “It offers our entrepreneurs, our future workers, our students, our innovators, our darers and our doers 60,000 square feet of space that is theirs to explore the possibilities of what tomorrow may look like.”

“This is where the magic happens…invention, innovation, incubation,” said LACI’s Fred Walti. “This (La Kretz) is a unique place to build a company…a cleantech entrepreneur can take an idea, do research, go down the hall and prototype, then go across the hall to LADWP, and test and get an idea certified…then get a chance to get the idea to marketplace. There’s no other place like this… this is the model for the future.”

Vice President Biden praised the efforts of the Mayor, LACI, and the entrepreneurs sitting at the roundtable. “This incubator brings together innovative minds with the courage to take a chance on a new idea…you have a mayor with a vision…a sense of optimism,” said Biden. There’s power in an incubator… using science and technology to take an idea from paper to product to the marketplace.”

Participating LACI portfolio companies included LACI CIO Ian Gardner from CAGIX, Ka Suen of Chai Energy, Arcady Sosinov of FreeWire Technologies, Chris Blevins of Pick My Solar, Lauren Gropper of Repurpose Compostables and John Walsh of Vena Water.

Biden went on to stress building unity and consensus in pursuing an innovation economy and moving our nation forward, telling the entrepreneurs, “You represent the future.”

Pick My Solar Wins at Techweek Launch LA

Posted on November 15, 2015 by - N-News, Portfolio Companies, N-PortfolioCompanies

Congratulations to LACI Portfolio Company Pick My Solar, who won the $50,000 prize as champions of the Techweek Launch LA pitch competition on Friday November 13. Competing against 100 startups all over LA and judged by a panel of prominent venture capitalists, Pick My Solar was also voted People’s Choice award winner on Twitter.

Techweek’s Launch Championship pits top startups from around the country and the world in a competition to crown Techweek’s Launch Grand Champion. Pick My Solar now moves on to Miami in December to compete against winners in Miami, Detroit, Kansas City, Chicago and New York competitions. LACI wishes Max, Chris, and the whole Pick My Solar Team the best as they continue on.

UBI Recognizes LACI as One of Two High Impact Incubation Programs

Posted on November 3, 2015 by - N-News

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Toronto, Ontario, Canada (November 3, 2015) – At the UBI Awards and Networking Event in Toronto on November 3, 2015, it was announced that the Los Angeles Cleantech Incubator (LACI) was recognized as one out of only two High Impact Incubation Programs in North America, based on UBI’s Global Benchmark Study of 2015. LACI was noted for its contribution to the growth of its local economy by catalyzing job creation, providing high-quality incubation services to its client startups, especially on access to fund indicators.

LACI has also been shortlisted for the UBI Global World Rankings Announcement for Top University Associated Business Incubators 2015 on December 15 in Stockholm, Sweden.

This is the second consecutive year LACI has received an honor from UBI’s world-renowned rankings, as the 4 year old incubator was recognized as the #6 Incubator globally by UBI in 2014, from over 800 candidates in 67 countries.

Based on the one of the most comprehensive frameworks to measure incubator performance, UBI Index examines over 66 distinct criteria to determine each incubator’s economy enhancement performance, such as job creation and talent retention, value for their client base, such as access to funds and competence development, and the client’s post-incubation performance (see www.ubiindex.com  for details).
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A New International Partnership in Support of Cleantech Entrepreneurs

Posted on November 3, 2015 by - N-News

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Los Angeles Cleantech Incubator and MaRS Cleantech announce a new international partnership in support of Cleantech entrepreneurs

LOS ANGELES, CA (November 3, 2015) — Tuesday was the dawning of a new international collaboration as the Los Angeles Cleantech Incubator (LACI) and MaRS Cleantech, a division of MaRS Discovery District in Toronto, have announced an co-operation agreement aimed at increasing the adoption of clean technologies and the advancement of a sustainable future for both cites.

LACI and MaRS Cleantech will focus on several joint programs aimed at advancing cleantech innovation globally, including the development of a reciprocal “Landing Pad” program, enabling cleantech entrepreneurs to access programming, networks and platforms to assist companies in both Canadian and California markets.

In addition, the partnership will concentrate on projects such as the development of LACI’s Network for Global Innovation (NGIN), which brings together innovation institutions around the world to provide access to customers and investors worldwide, share best practices and accelerate the commercialization of clean technology on a global scale.

The agreement was signed at the new La Kretz Innovation Campus in Downtown Los Angeles in an event co-hosted by VerdeXchange and LACI that featured remarks by Los Angeles Mayor Eric Garcetti and Ontario Premier Kathleen Wynne, and a panel discussion featuring the topic Cleantech Collaboration: California and Ontario, Canada.

“We’re delighted to announce this collaboration between hubs in Toronto and Los Angeles during Ontario Premier Kathleen Wynne’s visit to California,” said Dr. Ilse Treurnicht, CEO, MaRS. “Partnering with LACI will create opportunities for innovative cleantech companies in Canada and California to collaborate and grow globally.”

“We are thrilled to be entering into this co-operation agreement with one of Canada’s premier innovation institutions,” said Fred Walti, CEO, LACI. “Both LACI and MaRS are dedicated to helping cleantech innovators get their ideas to market — no matter where in the world that market is. This is an exciting example of the best kind of collaboration between two technology leaders and important trading partners.”
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Hyperloop, Lyft Execs Predict Profound Shifts in Personal Mobility

Posted on October 23, 2015 by - N-News, GloSho15 News

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by Michael Walker
10/22/2015 5:48pm PDT

The day after ‘Back to the Future’ ‘Day, leaders at the GloSho15 conference predicted a near future of self-driving electric cars and 15-minute trips from L.A. to Vegas: “We don’t have to reinvent the wheel — this is existing technology.”

Full Story….
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