Los Angeles Cleantech Incubator (LACI)

Overview

The Los Angeles Cleantech Incubator (LACI) is a nonprofit organization established by the City of Los Angeles and its Department of Water & Power (LADWP) to accelerate the commercialization of clean technologies and promote an inclusive green economy. LACI offers a comprehensive suite of programs designed to support cleantech startups at various stages of development, including incubation, market access, and funding opportunities. Their mission is to help startups secure investment, find customers, and hire the best talent, thereby fostering innovation and job creation in the region. LACI's incubation program provides hands-on support to early-stage cleantech companies, offering intensive curriculum workshops, one-on-one coaching sessions, and networking events. The program focuses on achieving objectives outlined in a custom business roadmap, such as fundraising, product development, market access, team growth, pilot deployment, and partnerships. Additionally, LACI facilitates pilot programs that allow startups to test and deploy their solutions with support from city agencies, utilities, and corporate partners. Since its inception, LACI has helped over 500 portfolio companies raise more than $1 billion in funding, generate $344 million in revenue, and create over 2,600 jobs across the Los Angeles region. Their impact extends beyond economic growth, contributing to the development of a sustainable and livable city through the promotion of clean technologies and green initiatives.

Investment Focus

• Focus on clean technology and sustainability
• Based in or seeking to gain traction in Southern California
• Beyond idea-stage, with a concept, prototype, or MVP
• Passionate about equity, community, and decarbonization

Portfolio Companies