Portfolio Companies

VC Looks to Make Another Try at Cleantech In Silicon Valley – Pick My Solar – Forbes

In an event held on December 14, 2016, Plug and Play, a VC firm and startup incubator, announced its intention to launch a Sustainability Fund.

LACI’s Hive Lighting Wins Big with Launch of New Energy Efficient LED for Entertainment Industry Production Lighting



First Product Developed at LA’s New Advanced Prototyping Center Surpasses Crowd-funding Goal by 500% in First Week of Campaign

Los Angeles, CA—November 29, 2016—Hive Lighting, manufacturer of energy efficient lighting for the entertainment industry, introduced the first product to be developed and prototyped at LA’s new cleantech innovation hub. The Los Angeles Cleantech Incubator (LACI) portfolio company just launched their newest energy efficient lighting fixture, the Wasp 100-C, for entertainment lighting through Kickstarter, surpassing its crowd-funding goal by 500%. Pre-sales at discounted rates reached in excess of $200,000 the first week of the campaign.

Hive Lighting, in consideration for a Scientific and Technical Academy Award this year, designed and prototyped the environmentally-friendly entertainment lighting product at the new Advanced Prototyping Center in downtown LA’s La Kretz Innovation Campus. The Wasp 100-C represents the next generation of lighting for all levels of production, from professional gaffers on Hollywood feature films to aspiring indie filmmakers, video bloggers and fashion photographers. Known for premium quality energy efficient plasma bulbs for film, television, live events, sports and architecture, this is Hive Lighting’s first LED light and offers convenient controls and limitless color options. It provides a cost-effective solution for quick adaptation in lighting situations with superior quality, energy efficiency and reduced heat generation.

“The Wasp 100-C brings quality and control from the highest levels of professional lighting to a much broader audience,” commented Hive Lighting Co-founder and Chief Product Officer, Jonathan Miller. “This Kickstarter campaign has been a great opportunity for us to interact directly with our customers. Involving the customer earlier in the process has been real win/win for us and them. We receive their input and support and in exchange can offer very affordable pricing for this state-of-the-art lighting.”

Hive Lighting Inc. designs and manufactures energy efficient lighting products for the entertainment industry. The company’s award-winning products are high quality, environmentally responsible and proudly Made in the USA. Hive Lighting’s innovation in plasma lighting for film and television is currently in consideration for a 2017 Academy Award for Scientific and Technical Achievement. For additional information please visit the Hive Lighting Kickstarter campaign here.

The Los Angeles Cleantech Incubator (LACI) is a private non-profit organization helping to accelerate the commercialization of clean technologies by offering flexible office space, mentoring, and access to a robust network of partnerships and capital. Recognized as one of the most innovative business incubators in the world by UBI, LACI identifies local entrepreneurs across multiple cleantech business sectors and guides them to market, creating jobs that advance LA’s green economy. The La Kretz Innovation Campus is home to LACI and an ecosystem of innovative thought leaders promoting the development of clean technologies and a green economy for Los Angeles.


Media Contact:

Laurie Peters, lpeters@LACI.org
LACI Communications Director
(818) 635-4101

FreeWire’s New VP of Growth

A long time supporter, Dr. Carolin Funk comes to FreeWire from Siemens where she was the Director of Venture Technology. During her time at Siemens, she opened the doors for the then, nascent company and created a strategic partnership between FreeWire and Siemens.

Black Enterprise—Avisare Featured – January 12, 2017 – #techies Win Contract Opportunities from Former Wall Street Investment Banker

Sky Kelley is no stranger to being a #techie. Yet, throughout her career, receiving strategic insights and knowledge has paved a road to success.

50 LA Startups to Watch 2017 – Built in Los Angeles

As it becomes clear to the rest of the world that Los Angeles is no longer just a hub for entertainment, the amount of tech talent and new companies popping up means 2017 will be a big year. For our annual top 50 startups to watch list, we looked at companies founded within the last five years that are poised to usher in a new era of innovation, creativity and success.

KCRW Design & Architecture CES Preview with Chai Energy

How does a small start-up company get heard above the noise? Evan Birenbaum of Chai Energy, an LA-based startup going to CES for the first time, shares their strategy.

Yahoo! Finance – January 24, 2017 – New Resource Bank and Green Commuter Finalize Agreement to Finance the Launch of Vanpool and Car Sharing Program Throughout Southern California

New Resource Bank has approved a $1.5 million line of credit to facilitate Green Commuter’s fleet expansion to 30 all-electric, long range, 7-passenger vehicles. With this financing, Green Commuter will launch its vanpool, car share and fleet replacement program geared to disrupt traditional commuting in Los Angeles.

Innovative Recycling Brings Second Chances to People Who Need Them – Mashable

What do you get when you transform trash into jobs? For one LA-based recycling company, it means a whole new way of doing business.

CNN—Entrade Feature – January 25, 2017 – You Could Charge Your Car With 60 lbs of Nutshells

A startup working at LA’s clean tech incubator is developing a way to convert shells from nuts like almonds and peanuts into energy to power cars and homes.