LACI
ActiveVenture Capital
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Financial History
Total Raised
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Valuation
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Leadership Team
Key people at LACI.
Key people at LACI.
Key people at LACI.
The Los Angeles Cleantech Incubator (LACI) is a nonprofit organization dedicated to creating an inclusive green economy by accelerating the commercialization of clean technologies. Its mission focuses on unlocking innovation, transforming markets through catalytic partnerships in zero-emission transportation, clean energy, and sustainable cities, and enhancing communities via workforce development and pilot programs. LACI supports cleantech startups by providing incubation, mentorship, market access, and capital funds, helping them scale and succeed in the clean technology sector[1][2][3].
Founded in 2011 as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP), LACI has evolved into one of the most innovative cleantech incubators globally. It has helped hundreds of portfolio companies raise significant funding, generate revenue, and create thousands of jobs, contributing substantial economic value. Key partners include city agencies and private stakeholders, with leadership focused on driving innovation to combat climate change and promote sustainable economic growth[1][3][6].
LACI rides the global trend toward decarbonization and sustainable urban development, focusing on zero-emission transportation, clean energy, and sustainable cities. The timing is critical as cities worldwide seek to meet climate goals and transition to green economies. Market forces such as increasing regulatory pressure, technological advances, and growing investor interest in cleantech favor LACI’s model. By fostering innovation and scaling startups, LACI influences the broader ecosystem by accelerating the deployment of clean technologies and creating inclusive economic opportunities[1][2][6].
Looking ahead, LACI is poised to expand its impact by deepening partnerships, increasing pilot deployments, and scaling its investment funds to support more startups. Trends such as electrification of transportation, smart city technologies, and circular economy solutions will shape its portfolio and influence. As climate urgency grows, LACI’s role as a catalyst for clean innovation and inclusive economic development is likely to strengthen, reinforcing its position as a key player in the cleantech ecosystem[1][6].
This comprehensive approach ties back to LACI’s founding vision of leveraging innovation to build a sustainable, inclusive green economy in Los Angeles and beyond.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 1, 2021 | ChargeNet | $6.0M Seed | — | — |
