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HomeGreen TechnologyTen Regional Clear Vitality Corporations Graduate from Cleantech San Diego Startup Incubator

Ten Regional Clear Vitality Corporations Graduate from Cleantech San Diego Startup Incubator


Ten Regional Clear Vitality Corporations Graduate from Cleantech San Diego Startup Incubator


  |   Press Releases

Annual Southern California Vitality Innovation Community Showcase Occasion Being Held November 9

 

SAN DIEGO, CA, November 1, 2022 – Cleantech San Diego as we speak introduced the commencement of ten native clear vitality firms – Chilldyne, Managed Thermal Assets, Ivy Vitality, NeoCharge, Occuspace, South 8 Applied sciences, Qubitekk, UCAP Energy, VLI-EV, and XENDEE – from its Southern California Vitality Innovation Community (SCEIN).

 

SCEIN is an incubator program for clear vitality startups primarily based in San Diego, Riverside, San Bernardino, and Imperial counties which can be growing applied sciences to assist California meet its clear vitality targets. This system provides free enterprise companies via a consortium of regional associate organizations and personal sector firms to assist entrepreneurs efficiently convey their vitality improvements to market.

 

Since coming into SCEIN, these ten firms have secured a number of clients, constructed sturdy gross sales pipelines, and raised enough capital to assist the scaling of their breakthrough vitality companies. An organization graduates from SCEIN when it’s mutually agreed that they’ve utilized the total vary of sources and referrals made obtainable to them. Seventeen regional clear vitality firms have now graduated this system after receiving personalized enterprise service plans from SCEIN.

 

“SCEIN is happy to have been in a position to present companies and assist that has enabled all ten of those revolutionary firms to speed up market traction of their breakthrough clear vitality options,” mentioned Marty Turock, Government Director of SCEIN. “Every of their merchandise create thrilling new methods for patrons to scale back vitality use, get monetary savings, and curb greenhouse gasoline emissions – all whereas creating new jobs and furthering California’s cleantech financial system and local weather targets.”

 

Cleantech San Diego launched the SCEIN program in 2016 after successful a grant from the California Vitality Fee. Over this system’s first six years of operation, SCEIN member firms have commercialized revolutionary applied sciences which can be accelerating market transformation in transportation electrification, grid and constructing decarbonization, vitality effectivity, and resiliency. In 2021, the California Vitality Fee authorised follow-on funding for SCEIN to proceed supporting vitality entrepreneurs via 2026.

 

So far, 66 firms have been served by SCEIN, 31 of that are presently energetic in this system. Collectively, these startups make use of 629 individuals, have had 386 patents authorised, and have raised over $300 million in follow-on funding from private and non-private sources since being accepted into this system. 79 % of SCEIN firms have C-Suite range.

 

“The Southern California Vitality Innovation Community will not be solely serving to the following wave of vitality entrepreneurs convey their applied sciences to market, however it’s guaranteeing the higher San Diego area – together with the Imperial Valley and the Inland Empire – and the state of California stay aggressive within the clear know-how and renewable vitality sectors,” mentioned Cleantech San Diego President and CEO Jason Anderson. “It’s thrilling and rewarding to see SCEIN firms offering new revolutionary options which can be offering cost-effective clear vitality applied sciences that may assist all Californians cut back their vitality prices and environmental impression.”

 

SCEIN functions are accepted on a rolling foundation. Anybody occupied with making use of as an entrepreneur, changing into a mentor, becoming a member of the Technical Advisory Committee, or internet hosting a pilot demonstration undertaking, can be taught extra at cleantechsandiego.org/scein.

 

Subsequent week, Cleantech San Diego is internet hosting its annual Southern California Vitality Innovation Community Showcase occasion on November 9, 2022, from 9:00 – 11:00 am. This free, digital, public occasion will function displays from 9 different clear vitality startups presently engaged within the SCEIN program. The showcase is designed to lift the visibility of those firms with VCs, traders, strategic companions, and potential clients. Study extra and register at cleantechsandiego.org/occasion/sceinshowcase2022.

 

Quotes from SCEIN Graduates:

 

“The SCEIN program was an enormous asset for Ivy Vitality when initially launching the platform and dealing in the direction of demonstrable product market match,” mentioned Ivy Vitality Founder and CEO Dover Janis. “SCEIN was there to attach Ivy’s group to skilled advisors, level them in the direction of public packages that would help in validation and funding, and provides priceless suggestions on technique. The SCEIN program helps entrepreneurs with nice concepts get the assist they want that provides them credibility and confidence in probably the most tough phases of early validation and progress.”

 

“The assist, connections, and alternatives that SCIEN gives have been extraordinarily priceless for NeoCharge,” mentioned NeoCharge co-founder and CEO Spencer Harrison. “Now we have actually loved working with everybody at SCEIN and couldn’t be extra grateful for all of the alternatives this system has supplied.”

 

“We admire the SCEIN group’s steady mentorship over time that Occuspace has been concerned in this system,” mentioned Occuspace CEO Nic Halverson. “We’ve obtained directional suggestions on high-level company technique and introductions to clients and traders which were game-changing for our startup. You possibly can inform the SCEIN group actually cares about its members and has put appreciable effort and time into serving to make Occuspace extra profitable.”

 

“The SCEIN program was instrumental in serving to develop our startup right into a formidable challenger within the vitality space for storing as we speak,” mentioned South 8 Applied sciences Co-Founder and CEO Cyrus Rustomji. “This system was useful in figuring out grant alternatives, leveraging their community to hook up with traders and third-party companies, and offering mentorship to assist navigate us via our enterprise progress.”

 

“The sources SCEIN supplied to Qubitekk had been invaluable,” mentioned Qubitekk CRO Corey McClelland. “As a startup with restricted funding, SCEIN allowed Qubitekk to develop utilizing their sources for mentoring, pitch deck improvement, and introductions to different entrepreneurs and traders. If you end up beginning an organization, you don’t understand how a lot assist is out there. SCEIN was a one cease store that helped information us over the valley of dying to profitability.”

 

“The SCEIN group has been one of the vital skilled teams to work with,” mentioned UCAP Energy CEO Gordon Schenk. “SCEIN has been extremely instrumental in our NREL and Edison Award success in addition to the latest California Vitality Commissions CalTestBed grant we had been awarded.”

 

“Having secured a number of large-scale business utility, mass transit, and transportation electrification tasks in the course of the COVID-19 pandemic, we particularly appreciated SCEIN’s assist and referrals in figuring out and securing undertaking financing,” mentioned VLI-EV CEO Masao Nishikawa.

 

“Cleantech San Diego’s enterprise accelerator program has helped XENDEE faucet right into a community of occasions, mentors, traders, gross sales alternatives and authorities companies from across the globe,” mentioned Xendee Co-Founder and CEO Adib Nasle,. “Simply this June, we introduced our $12 million Collection A funding spherical and we look ahead to persevering with to be part of the exponential progress of fresh vitality firms in Southern California.”

 

Concerning the Graduating Startups:

 

Chilldyne provides a liquid cooling know-how that improves Knowledge Middle vitality effectivity 20-40 % for a faster return on funding whereas additionally enabling ten-times increased density computing than conventional air-cooled methods. In contrast to different sorts of liquid cooling, Chilldyne’s patented, negative-pressure know-how eliminates the danger of water leaks by pulling coolant via the system. The easy, direct-to-chip design means specialised technicians will not be wanted for set up or new commissioning.

 

Managed Thermal Assets (CTR) is integrating geothermal energy and lithium extraction applied sciences to provide the world’s most sustainable supply of battery grade lithium to assist electrification of transportation and generate low-cost, renewable vitality. CTR has been instrumental in growing California’s Lithium Valley close to the Salton Sea, a wealthy useful resource with the potential of supplying 600,000 metric tons of lithium yearly. Amongst many latest milestone achievements for the corporate, final 12 months, the Biden-Harris Administration launched an EV Charging Motion Plan that included CTR and their strategic collaboration with Basic Motors. This recognition of CTR’s work in Lithium Valley represented a significant milestone for the corporate and for the way forward for constructing a sustainable and accountable lithium battery provide chain in the US.

 

Ivy Vitality developed the primary photo voltaic billing software program of its type referred to as Digital Grid, fixing the break up incentive drawback of transacting photo voltaic vitality between residents in shared buildings. This enabled property homeowners to put money into rooftop photo voltaic and distribute photo voltaic vitality in a consumer-friendly method at a price financial savings to its residents. Digital Grid makes use of sensible grid logic to pretty distribute the photo voltaic vitality advantages of your complete neighborhood and ship an easy-to-understand month-to-month clear vitality expertise. Ivy’s shoppers on the platform as we speak are seeing $800-$1,500 in further NOI yearly per unit, whereas the tip customers (tenants) see assured month-to-month vitality invoice financial savings of 5-20 %.

 

NeoCharge is optimizing dwelling vitality utilization via software program and {hardware} options. NeoCharge’s flagship product, the Sensible Splitter, permits electrical car (EV) adoption and residential electrification by making entry to 220-volt energy clear, straightforward, and reasonably priced. NeoCharge’s Join is a vehicle-integrated software program that helps EV drivers observe their vitality prices, cut back their carbon emissions, and get monetary savings on their utility payments by charging at the perfect occasions for the grid. NeoCharge has gained quite a few awards together with the LACI Innovators Award, the CEC CalSEED award, and is a two-time winner of Caltech RocketFund’s grant. NeoCharge can also be an Alumni of the Los Angeles Cleantech Incubator and is energetic within the Wells Fargo IN2 Incubator.

 

Occuspace gives a camera-less, novel answer for reporting minute-by-minute indoor occupancy information that provides constructing homeowners the knowledge they should cut back whole vitality consumption by 10-20 %, optimize area administration, and enhance the occupant expertise.

 

South 8 Applied sciences spun out from UC San Diego in 2016 and is growing a novel Liquefied Gasoline (LiGas®) electrolyte for next-generation Li-ion batteries. In distinction to utilizing standard liquids, the LiGas electrolyte makes use of off-the-shelf gasses because the solvent for the electrolyte. The distinctive chemistry provides vital security enchancment, world-record working temperature vary, and potential for enhancements in vitality, all whereas providing price discount alternatives from decrease supplies and manufacturing price. The patented know-how is a straightforward drop-in substitute for as we speak’s lithium-ion cells, minimizing switching price by utilizing effectively understood and customary manufacturing strategies. The LiGas electrolyte has been validated by main cell and automotive producers in addition to the U.S. Division of Protection.

 

Qubitekk manufactures quantum methods, designs system architectures, and integrates quantum know-how with classical infrastructure to unravel the quantum challenges of as we speak whereas getting ready for tomorrow. Along with its utility associate, Chattanooga’s EPB, Qubitekk has created and is actively deploying the primary business, subscription-based quantum community for the quantum business. As the one US-based producer of quantum community methods, Qubitekk’s elements are designed, engineered, and precision manufactured to combine seamlessly with current structure to supply unmatched quantum communications over optical fiber and in free area. Along with terrestrial quantum networking breakthroughs, Qubitekk is advancing the combination of quantum communications {hardware} on unmanned aerial autos and low-earth orbit satellites, opening protection, aerospace, and business alternatives within the quantum discipline. Qubitekk gained the 2022 Edison Gold Award and a 2021 R&D 100 award in collaboration with EPB, Oak Ridge Nationwide Laboratory, and Los Alamos Nationwide Laboratory.

 

UCAP Energy develops ultracapacitor-based energy options throughout a variety of renewable markets. Their methods use sustainable primarily based merchandise and provide a long-lasting supply of dependable high-power vitality storage that may assist get rid of lead-acid and different hazardous supplies in batteries. In Might of 2021, UCAP Energy accomplished the acquisition of Maxwell Applied sciences Korea, the Korean-based ultracapacitor enterprise, in addition to different associated property together with the Maxwell model. Earlier this 12 months UCAP Energy gained awards on the 2022 NREL Trade Development Discussion board within the classes of Rising Markets and Greatest General Enterprise. As well as, the primary UCAP Energy product, the POWERBLoK, was a 2022 Edison Award winner within the Crucial Infrastructure class.

 

VLI-EV is a one-stop sustainable and renewable battery vitality storage options supplier that provides proprietary controls software program with excessive energy (5C cost/discharge charges) and tremendous lengthy life with 25-year warranties. These methods cut back buyer vitality and peak demand cost prices by 20-40 %, in addition to CO2 emissions. VLI-EV addresses probably the most stringent battery vitality storage functions starting from utility scale frequency and voltage rules, renewable vitality energy era stability, and tremendous excessive energy/cycle functions.

 

XENDEE’s award-winning platform integrates the microgrid design course of into one piece of software program and permits customers to quickly validate tasks of any dimension, optimize designs, optimize investments, and function microgrids in actual time to succeed in their full potential. XENDEE’s software program can mannequin as much as 25 completely different distributed vitality useful resource applied sciences and calculates the optimum techno-economic answer for every website to satisfy its targets. These targets can embody decreasing prices, chopping CO2 emissions, rising resilience, or a mix of all three.

 

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About Cleantech San Diego

Cleantech San Diego is a member-based enterprise affiliation that positions the higher San Diego area as a world chief within the cleantech financial system and sensible cities motion. As a nonprofit group, Cleantech San Diego is uniquely suited to assist the business by fostering collaborations throughout the private-public-academic panorama, main advocacy efforts to advertise cleantech priorities, and inspiring extra equitable funding throughout the San Diego area. Stakeholders embody greater than 130 companies, universities, governments, and nonprofits dedicated to advancing sustainable options for the advantage of the financial system, the setting, and all members of the neighborhood. Study extra at cleantechsandiego.org.

 

Concerning the Southern California Vitality Innovation Community

The Southern California Vitality Innovation Community (SCEIN) is a free incubator program for clear vitality startups primarily based in San Diego, Riverside, San Bernardino, and Imperial counties which can be growing applied sciences to assist California meet its local weather targets. This system gives entry to the sources and services of regional associate organizations and connections with business with a purpose to speed up the commercialization of rising vitality applied sciences. Managed by Cleantech San Diego, this system is the results of a number of grants from the California Vitality Fee to assist advance California’s vitality innovation business. Study extra at cleantechsandiego.org/scein

 

Media Contact:
Shannon Bresnahan, Cleantech San Diego, 858-568-7777, shannonb@cleantechsandiego.org

 

 

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