Overview

  • Posted Opportunities 0
  • Founded Since 2011

Company Description

The largest climatetech startup incubator in North America

A Community Committed to Climate

Our members, our partners, and our staff are united by a common mission: solving the climate crisis through entrepreneurship and collaboration. Whether you’re a startup founder or a policymaker or an investor or a corporate executive, this is the place where you can take climate action.

Our community wants to change the way people think about, engage with, and use energy. We want to change how we build our buildings, how we get around our cities and towns, how we grow our food, how we manage our water.

We believe in the power of entrepreneurs in the climate battle. And we’re confident that when combined with support and amplification from corporates, politicians, private citizens, and others, climatetech startups will drive progress.

We aim to be the leading hub where people from all over the world congregate to work toward the shared goal of a sustainable, renewable future.

Our Incubation Model

Greentown Labs aims to be a supportive, collaborative, and inspiring community for early-stage entrepreneurs to grow their businesses. In light of that mission, we don’t take any equity in our member companies. Instead, members pay monthly fees based on their lab and office space. We bring in revenue from other sources, including partnerships and grants, to keep membership fees low for our startups.

Membership fees are approximately market rate, but include so much more than desk and lab space—members also gain access to more than $1 million worth of resources, equipment, programming, staff support, and more.

Greentown Labs’ story begins with four startups

Here’s how they unintentionally founded North America’s largest climate tech incubator

Promethean Power Systems needed to find new prototyping space after one of its founders, Sorin Grama, graduated from MIT, eventually locating a warehouse on Cambridge’s Charles Street. They teamed up with three other startups in 2011, all of which had founders who’d graduated from MIT and seen firsthand how out-of-reach lab space can be for new companies.

As news spread about the warehouse, more climatetech companies joined the ragtag group of startups. Promethean co-founder Sam White describes the group as “a hodgepodge of nomads” who would trade technical tips and work alongside each other late into the night.

When Jason Hanna, the co-founder of Coincident, spent a significant amount of time helping Promethean edit a grant proposal, White “realized something special was going on.”

Soon, the spirit of collaboration spread to every facet of entrepreneurship. From sharing equipment to swapping staff to lending emotional support, the climatetech startups who banded together were benefiting far beyond a smaller rent check.

“We would bring in investors, and they couldn’t just come in and see us, because everyone was in the hallways—we’d say, ‘Here’s this company, here’s that company,’” White explains. “When we had technical hurdles, we would lend engineers to help with a problem. Some of the technical breakthroughs happened because of the collaboration among us.”

The benefits of that collaboration carried the unforeseen incubator from the Cambridge warehouse to Boston’s Fort Point neighborhood—which was just then being dubbed the “Innovation District” by Boston’s late Mayor Thomas Menino—to Somerville’s Union Square. The number of companies jumped from four to 17 to 25 to 55 in a few short years. Greentown expanded to another building in December 2017, and the 100,000-square-foot campus now offers prototyping and wet lab space, shared office space, a machine shop, and an electronics lab.

In Spring 2021, Greentown Houston—Greentown’s first out-of-state expansion—opened with the intention of accelerating the energy transition in the energy capital of the world. This 40,000-square-foot incubator, located in the Innovation District being developed by Rice Management Company, offers prototyping lab, office, and community space.

Today, Greentown offers more than 200 startups in Somerville, Houston, and globally the expertise, resources, and support they need to change the world. Whether that involves introductions to strategic partners or high-end equipment or the community itself, less than a decade after its founding Greentown has buoyed hundreds of cutting-edge startups that are tackling climate change head on.

The Founding Four

Promethean Power Systems logo

Sam White + Sorin Grama
Promethean Power Systems’ mobile chilling technology serves more than 65,000 dairy farmers throughout India.

Adam Rein + Ben Glass
Altaeros builds powerful SuperTowers to bring internet access to rural areas.

Jason Hanna
Coincident, now Embue, offers building owners, property managers, and tenants the necessary insights to save energy and money.

Jeremy Pitts + Pedro Santos
OsComp Systems built a gas compression technology that kept equipment temperatures low to maximize efficiency. OsComp is now Reach Production Solutions, which manages multiphase wells.

We are a community of climate tech pioneers working to design a more sustainable world.

At Greentown Labs, we see with clear eyes the universal challenge that climate change poses. And we meet it with an equally clear vision for solving the problem—in fact, it’s an amazing opportunity for ingenuity and collaboration.

We are a climatetech startup incubator like you’ve never seen before.

Founded by entrepreneurs, we’re bringing together startups, corporates, investors, politicians, and many others to shape our best future. We’re here because each solution becomes greater when combined with others in a community of changemakers.

In this community, we build on ideas, connect disciplines, and foster creativity.

As individuals, we take great pride in the fact that we’re each playing a role in achieving our mission. And when we step back and look at the full scale of work being done here together—in this engine of possibility—we feel grateful, inspired, and relentlessly optimistic. Because we know that, no matter what, we’re going to get this done.

 

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