Author: Clare Le

Verge Hawaii – Asia Pacific Clean Energy Summit

Posted on March 29, 2016 by - N-News

Verge Hawaii Asia Pacific Clean Energy Summit

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Verge Hawaii
Asia Pacific Clean Energy Summit
June 21-23, Honolulu, HI

Are you developing an innovative solution in distributed or renewable energy, transportation, agriculture, water, or cybersecurity? Apply now to participate in VERGE Accelerate this June 21-23 at VERGE Hawaii: Asia Pacific Clean Energy Summit in Honolulu.

The State of Hawaii’s game-changing mandate to generate 100% renewable power in the electricity sector by 2045 will require new technologies and business models that address market opportunities at the intersection of technology and sustainability.

If you are an early-stage company and meet the eligibility criteria, this opportunity is for you. Click here to learn more about how you can pitch to VERGE Hawaii’s live audience of 600+ business leaders, government officials and investors, as well as to a global online audience of thousands more. Nominations will be accepted through April 6.

Apply Here by April 6
https://www.greenbiz.com/events/verge/honolulu/2016/accelerate-pitch

Register here
https://www.greenbiz.com/events/verge/honolulu/2016/registration

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LACI Portfolio Company Ayyeka Chosen as Runner-up In 2016 Water Data Challenge

Posted on March 18, 2016 by - Portfolio Companies, N-PortfolioCompanies

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LACI congratulates Ayyeka on it’s great showing at Imagine H2O’s 2016 Water Data Challenge. Ten promising data-driven water businesses were selected from a global field of 90 startups in 20 countries to participate in IH2O’s 7th annual innovation program. Winning teams will participate in IH2O’s rigorous business accelerator, benefitting from cash awards, mentorship, industry exposure, as well as introductions to customers and investors.

“Data is a fundamental tool to improve how we monitor and manage water,” said Andy Wheeler of GV (formerly Google Ventures) who served on the judging panel. “Imagine H2O’s Data Challenge attracted some of the most promising data solutions to tackle pressing water challenges globally.”

Ayyeka is gaining great traction in the field of water and wastewater instrumentation monitoring and control systems. They are nearing completion of their first full scale implementation of their systems with the Cincinnati Municipal Wastewater District and are in the planning stages of a pilot project with the Los Angeles Department of Water & Power.

The Challenge’s winner was Ceres Imaging (Oakland, CA), a breakthrough aerial imaging solution for agriculture. Offering a proprietary imaging technology and analytics platform currently unmatched in the industry, Ceres provides farmers affordable access to actionable data to manage water stress and fertilizer application.

Ayyeka and Apana (Spokane, WA), a commercial water use management and detection platform, were both recognized as runners-up. IH2O’s 2016 cohort offered a full range of innovative data solutions to critical water issues and all ten selectees were showcased at the organization’s annual Water Gala on March 16 in San Francisco.

You can read more here https://www.prnewswire.com/news-releases/water-innovation-accelerator-showcases-promising-data-startups-300237238.html

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Repurpose Product Featured on Showtime Series “Billions”

Posted on February 29, 2016 by - Portfolio Companies, N-PortfolioCompanies, Uncategorized

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LACI Portfolio Company Repurpose was featured on Season 1 episode 4 of the hit Showtime show Billions starring Paul Giamatti (Sideways) and Damian Lewis (Homeland). The award-winning Repurpose insulated hot cup is being enjoyed by the US Attorney (Giamatti) and his co-workers while they plot to take down the criminal hedge fund manager (Lewis).

Repurpose® has created a line of sustainable tableware made exclusively from plants and they are on a mission to reduce the amount of plastics in the environment, offering high quality, durable, and guilt-free renewable alternatives.

The product placement was achieved in partnership with Green Product Placement, a first-of-its-kind agency helping environmentally friendly products find their way into film and television. This is not the first major placement for Repurpose and GPP, as Repurpose’s cup was featured prominently on Season 1 of House of Cards. Repurpose products have also been seen in shows like VEEP and The Good Wife. 

For more information on Repurpose, go to https://laincubator.org/portfolio-companies/repurpose/ and https://www.repurposecompostables.com/#intro

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Hive Lighting’s Rutherford and Miller Receive IPA Tesla Award

Posted on February 25, 2016 by - Portfolio Companies, N-PortfolioCompanies

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Hive Lighting’s Rutherford and Miller Receive IPA Tesla Award

LACI Portfolio Company HIVE Lighting’s co-founders Robert Rutherford and Jon Edward Miller were honored along with Actors, Filmmakers and Technicians gathered for the star-studded 20th annual International Press Academy awards, on Sunday Feb. 21, 2016 at the Intercontinental Hotel in Century City, Calif.

Rutherford and Miller were honored for Hive’s energy efficient, full spectrum, flicker-free plasma lighting systems in the category of Visionary Achievement in Filmmaking Technology for 2015.

“This award is both a gratifying recognition of [Hive Lighting’s] ethos and a challenge for all of us at Hive Lighting to live up to this award’s promise to ‘influence future generations and give rise to further innovation’. We are only just getting started.” said Miller. Rutherford added, “To anyone here working hard on a dream, let this award remind you to keep going, because it may take longer than expected, but as Tesla said, you ‘will prevail in the end and make it a triumphal success.’” Past recipients of the Tesla Award include Director and Inventor James Cameron, George Lucas, Cinematographer Roger Deakins and SteadiCam inventor Garrett Brown.  

The IPA is the largest group of international and domestic entertainment journalists and their annual awards honor the best in film, television and new media. The IPA is the only major awards show comprised of international and domestic entertainment journalists and critics that give awards to film, television, new media and interactive and digital every year. The more than 100 members hail from more than 20 countries.

For a complete list of winners and nominees, as well as photos from the event, go to www.pressacademy.com.

For More on Hive Lighting:

https://hivelighting.com

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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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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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LABBC Hiring Technical Advisor

Posted on November 30, 2015 by - SoCal Edge

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The LABBC is seeking a Technical Advisor to support SoCal Edge’s growing pipeline of project development and technology placement work. The Technical Advisor’s primary responsibilities will be to organize and lead site visits to identify savings opportunities and to support the placement of pilot projects. Contact info@la-bbc.com to apply.
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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.”