ACRE

ACRE is a cleantech, smart grid, and sustainable, smart cities incubator that supports early-stage business ventures with innovative technologies and new business models for a greener, smarter, and more connected world. Members benefit from an extensive community of cleantech industry stakeholders and exclusive access to professional services. The incubator aims to grow member startups from prototypes and pilot phases to fully commercialized entities.

Pat Sapinsley

Managing Director of Cleantech Initiatives

25 past transactions

Zinc8 Energy Solutions

Non Equity Assistance in 2020
Zinc8 Energy Solutions specializes in the development and commercialization of zinc-air flow batteries, providing a modular energy storage system capable of delivering power between 20 kW and 50 MW. Founded in 2011 and headquartered in Vancouver, Canada, the company aims to enhance global energy sustainability by offering a low-cost, long-duration energy storage solution. Its innovative technology addresses the challenges posed by the intermittent nature of renewable energy sources such as wind and solar, ensuring that clean energy is reliable and available when needed. Zinc8 Energy Solutions, previously known as MGX Renewables Inc., rebranded in September 2019 to reflect its focus on advancing energy storage solutions.

WexEnergy

Non Equity Assistance in 2020
WexEnergy LLC, founded in 2018 and based in Rochester, New York, specializes in innovative plastics manufacturing with a focus on enhancing energy efficiency in buildings. The company has developed a transparent window insulation technology that transforms single-pane windows to perform like double-pane windows, thereby significantly improving thermal insulation. This patented insulation system is designed to be mounted on existing windows, optimizing energy efficiency without the need for complete replacements. By providing an affordable solution that reduces energy bills, WexEnergy enables building owners to enhance comfort, improve cash flow, and ultimately increase property values and profitability.

Soteria Battery Innovation Group

Non Equity Assistance in 2020
Soteria Battery Innovation Group is a technology development and licensing company focused on enhancing the safety of lithium-ion batteries. Founded in 2017 and headquartered in Greenville, South Carolina, Soteria has developed innovative technology that functions as an internal fuse within batteries to prevent ignition events. This advancement aims to make batteries inherently safe for a wide range of applications, from hearing aids to electric buses. The company is dedicated to ensuring that its safety materials are accessible to all battery manufacturers, promoting local production from a diverse supply base. By addressing fire risks in various devices, including drones, low-speed electric vehicles, power tools, and e-bikes, Soteria enables users to confidently utilize lithium-ion battery-powered devices.

BuildStream

Seed Round in 2019
BuildStream Ltd. is a company based in Brooklyn, New York, that offers a platform for the digitization of heavy construction equipment through Internet of Things (IoT) and machine learning technologies. Founded in 2018, BuildStream enables real-time communication between equipment owners and site teams, facilitating self-diagnosis of maintenance issues. Additionally, the company specializes in recruiting and staffing services for construction projects, helping to hire, manage, and pay workers efficiently. By focusing on placing teams of workers into construction projects, BuildStream aims to enhance site productivity, team cohesion, and the overall quality of work.

Scanifly

Non Equity Assistance in 2019
Scanifly specializes in drone-based 3D modeling software aimed at enhancing the solar workflow. The company's platform automates and centralizes various manual tasks, allowing solar companies to create three-dimensional simulations of solar arrays, conduct shading analysis, and generate tailored proposals. This technology helps reduce costs, minimizes the need for site visits, and improves design accuracy and worker safety. By streamlining these processes, Scanifly enables solar companies to operate more efficiently in a competitive market.

Avvir

Non Equity Assistance in 2018
Avvir, Inc. offers an end-to-end construction monitoring service that automates the verification of construction progress and quality control. Founded in 2017 and based in New York, the company utilizes its platform to regularly scan construction sites, compare progress scans, and automatically detect defects. By integrating with existing systems, Avvir's platform enhances construction workflow management, allowing users to identify potential risks and slowdowns. This automation helps save time and reduce costs by enabling effective tracking of progress and earned value, while also transforming Building Information Modeling (BIM) into a reliable system of record. The company's services are designed to minimize costly rework and protect projects from budget and schedule overruns.

Dollaride

Non Equity Assistance in 2018
Dollaride is a mobility company focused on enhancing transportation access in urban areas, particularly for underserved communities. Drawing inspiration from New York City's informal "dollar vans," which have provided local transport services since the 1980s, Dollaride has developed a digital platform that connects fleet owners, drivers, and passengers. The platform offers a comprehensive operator business dashboard, enabling fleet management, automated fee collection, and features that support territory expansion. By providing technical resources and web assistance, Dollaride empowers operators to manage their fleets transparently and in compliance with regulations. This innovative approach not only enhances the earnings potential for drivers but also allows passengers to conveniently hail rides, thereby improving overall mobility in urban settings. Through its commitment to clean transportation, Dollaride aims to foster the adoption of sustainable practices among small transportation fleet owners and contribute to the green economy.

simuwatt

Non Equity Assistance in 2018
simuwatt, Inc. specializes in energy efficiency solutions for commercial buildings, focusing on identifying and analyzing energy-saving opportunities throughout a building's lifecycle. Founded in 2016 and based in Boulder, Colorado, the company offers a cloud-based software application known as Energy Auditor. This tool facilitates energy assessments for commercial buildings while preserving important data for reporting, tracking, and reuse across multiple properties. The application is accessible through various platforms, including web browsers and tablets, enabling users to generate and organize data effectively. This comprehensive approach allows buildings to implement energy-based capital improvements and enhance their energy efficiency initiatives.

Highview Power

Non Equity Assistance in 2017
Highview Power Storage, founded in 2005, specializes in developing large-scale energy storage solutions for utility and distributed power systems. The company utilizes liquid air as its storage medium, enabling the design of customized Liquid Air Energy Storage (LAES) plants that range in capacity from 5MW/20MWh to over 100MW/1,000MWh. These systems effectively integrate industrial low-grade waste heat and waste cold, allowing industries to convert waste heat into power during the discharge cycle. This approach not only supports the growing energy market but also enhances overall efficiency by generating additional power without relying on scarce or toxic materials and without geographical constraints.

Tagup

Non Equity Assistance in 2016
Tagup Inc., founded in 2015 in Boston, Massachusetts, specializes in developing an AI-based enterprise platform designed to monitor and predict equipment failures. The company employs a team of twenty individuals, including eight data scientists, and focuses on four key areas: high-performance computing for data management, time-to-event modeling for predicting equipment failures, anomaly detection for identifying unusual operations, and inference and optimization for recommending control actions to enhance equipment efficiency. Tagup's technology is primarily utilized by clients in the energy sector, including applications in electric distribution networks, high-purity water systems, offshore wind turbines, and military ground vehicles. The platform offers machine learning insights and a comprehensive overview of asset data through a user-friendly and secure web application, enabling clients to optimize their equipment management and operational decisions.

Fentrend

Non Equity Assistance in 2016
Fentrend operates a B2B marketplace that connects architects, contractors, and developers with window and door suppliers tailored to their specific project requirements. By utilizing workflow automation tools and data-driven algorithms, Fentrend efficiently matches clients with up to five suitable products from a curated network of over 70 suppliers. Users submit their specifications and receive a comprehensive report detailing the price, performance, material, and lead times of the matching products. This streamlined process not only simplifies the procurement of windows and doors but also allows suppliers to pay a commission, resulting in cost savings compared to traditional sales channels.

Go Electric

Non Equity Assistance in 2016
Go Electric Inc. is a green-technology company that specializes in developing innovative energy solutions for the customer side of the meter, serving facilities and utilities. Founded in 2011 and headquartered in Anderson, Indiana, with additional offices in Brooklyn and Honolulu, the company focuses on integrating renewable energy, advanced batteries, and generators to enhance energy security, reduce costs, and improve grid stability. One of its key products, AutoLYNC, is a microgrid and uninterruptible power system that efficiently synchronizes and optimizes various AC and DC power sources, providing reliable electrical power at the correct frequency and voltage. Go Electric's solutions are utilized in diverse applications, including government, military, and electric utility sectors, particularly in New York City, thereby contributing to a more sustainable energy future.

Lighticians

Non Equity Assistance in 2016
Lighticians Inc. specializes in intelligent lighting control software tailored for the motion picture and theatrical lighting industries. Recognizing the growing demands of content creation, the company provides a plug-and-play wireless network that allows lighting technicians to control various lighting devices efficiently. Their innovative app, the Juicer App™, enables seamless management of lights, simplifying the process of patching and control with an intuitive interface. Lighticians’ products, such as the Juice Tap™, transform traditional DMX devices into wirelessly controlled lights, leveraging high-performance WiFi technology for compatibility with existing mobile devices and IoT platforms. As the industry shifts from conventional lighting setups to more integrated solutions, Lighticians empowers lighting designers to optimize their workflows, offering scalable options that cater to both small and large-scale productions without the need for extensive initial investments. This adaptability aligns with the industry's trend towards efficiency and innovation, positioning Lighticians as a key player in modern lighting technology.

MeteoViva

Non Equity Assistance in 2016
MeteoViva is a company focused on enhancing energy efficiency in buildings through advanced smart data analytics. Its flagship product, MeteoViva Climate, predicts the heat and cold demand within a building, allowing for proactive control of indoor climate systems. By optimizing the delivery of heating, cooling, and fresh air, the technology significantly reduces energy costs by 15-40% and can be integrated with existing building automation systems. This predictive approach not only lowers expenses but also improves employee productivity, with a return on investment typically realized within 6 to 36 months. MeteoViva aims to set a new standard in energy-efficient building management while contributing to reduced carbon emissions.

Smart Data Science

Non Equity Assistance in 2016
Smart Data Science is a platform focused on resilience and risk management, offering digital solutions designed to mitigate risks across various sectors. The company utilizes advanced technologies, including big data, artificial intelligence, and analytics, to enhance decision-making and operational efficiency. Its services are applicable in diverse areas such as social, cloud, mobile, and the Internet of Things, leveraging grid edge devices like wind turbines, solar panels, and energy storage solutions. By addressing challenges posed by natural disasters, climate change, and other complex hazards, Smart Data Science aims to help organizations maintain productivity and competitiveness while effectively managing risk.

Opus One Solutions

Non Equity Assistance in 2016
Opus One Solutions is a software engineering firm focused on creating innovative solutions for energy management through its flagship product, GridOS®. This real-time operating system is designed to enhance the smart grid by integrating various energy resources, such as generation, storage, and demand, with critical information sources like sensors and analytics. GridOS® utilizes advanced algorithms for online analytics, providing utilities with improved situational awareness, control, and optimization of their systems. The software facilitates the management of a grid-of-microgrids and incorporates transactive energy functionality, which allows for the calculation of locational marginal values of distributed energy resources. By leveraging dynamic topology processing, Opus One Solutions enables clients to optimize energy planning, operations, and market management, ultimately fostering the development of intelligently connected and sustainable energy networks.

Voyage Control

Non Equity Assistance in 2015
Voyage Control Limited is a London-based company that offers a cloud-based platform designed for inbound logistics management. Established in 2009, the platform enables businesses to manage, optimize, and track freight deliveries efficiently. It serves various sectors, including construction sites, seaports, airports, and exhibition centers, by providing solutions for on-site logistics management, delivery scheduling, and resource allocation. Voyage Control enhances operational efficiency by reducing congestion, improving security, and fostering better communication among transport hubs. The platform also promotes environmental sustainability by minimizing resource waste, such as fuel and manpower, through early visibility of arriving traffic and synchronized operational activities. In 2015, over 25,000 businesses utilized the Voyage Control platform, completing more than six million miles of deliveries, reflecting its significant impact on logistics processes.

EVBox

Non Equity Assistance in 2015
EVBox is a leading provider of electric vehicle charging infrastructure and management software, headquartered in Amsterdam, Netherlands. Founded in 2010, the company has established a significant presence with over 150,000 charging points across more than 70 countries, emphasizing sustainable mobility and the transition to emission-free transportation. EVBox offers a variety of charging solutions, including regular AC chargers, fast DC chargers, and specialized products like the EVBox Livo 2 for residential solar charging. The company also develops advanced charging management software, including the EVBox Everon app, which helps users track and optimize their charging activities. Following its acquisition by ENGIE in 2017, EVBox has further expanded its capabilities, including the acquisition of EVTronic, which added ultra-fast charging stations to its offerings. With ongoing projects across Europe, North America, and South America, EVBox is focused on making electric vehicle charging more accessible and efficient through innovative technologies and strategic partnerships.

Ecogy Solar

Non Equity Assistance in 2015
Ecogy Solar develops projects and deploys private capital to help businesses, municipalities, nonprofits, and utilities reduce their energy costs while making the planet a little cleaner.

PowerMarket

Non Equity Assistance in 2014
ProjectEconomics specializes in providing software and solutions designed to enhance the efficiency of distributed generation programs within the energy sector, particularly focusing on community solar initiatives. The company caters to utilities, energy retailers, and solar developers, facilitating the implementation and administration of community solar projects. By streamlining these processes, ProjectEconomics aims to support the growth of renewable energy and promote more accessible solar power options for communities.

BlocPower

Non Equity Assistance in 2014
BlocPower is an energy technology startup based in Los Angeles, California, focused on creating healthier, greener, and smarter buildings. Founded in 2014 in Brooklyn, New York, by Donnel Baird and Morris Cox, the company specializes in retrofitting urban buildings with advanced energy efficiency technologies and green heating and cooling systems. BlocPower identifies energy-wasting buildings and utilizes a proprietary machine learning platform to determine the most effective retrofits for maximizing energy savings. The company connects various stakeholders, including government agencies, utilities, building owners, and equipment providers, to facilitate these upgrades. With a mission to serve financially underserved communities, BlocPower has completed projects in nearly 1,000 buildings, helping customers save 20–40% on their annual energy bills. By leveraging data and innovative financing, BlocPower aims to reduce carbon emissions and improve health outcomes while addressing the climate crisis.

Voltaiq

Non Equity Assistance in 2013
Voltaiq has developed an Enterprise Battery Intelligence™ (EBI) software platform that assists customers in optimizing battery performance, reliability, and financing while minimizing risks associated with recalls and battery failures. This platform is distinguished as the only fully automated solution specifically designed to manage extensive battery data throughout the entire product lifecycle. It offers insights into real-time battery functionality and forecasts future performance. Founded in 2012 by two PhDs from UC Berkeley, Voltaiq serves a diverse global clientele, including major players in transportation, consumer electronics, energy storage, and the broader battery supply chain. The platform enhances safety for new products and supports innovation in how batteries are utilized across various applications, ultimately contributing to improved performance and reliability in the electrified world.

eCamion

Pre Seed Round in 2012
eCamion Inc. develops and manufactures energy storage solutions, focusing on the integration of lithium-ion battery systems. The company offers a range of products, including energy storage systems for solar and wind power projects, as well as off-grid and microgrid applications. In addition to its core products, eCamion provides idling technologies, auxiliary power solutions, and charging stations. The company also offers comprehensive energy management consulting services, covering strategic, commercial, and regulatory advice, along with pre-design, design consulting, and project management for various sectors, including industrial, commercial, and residential. eCamion is based in Markham, Canada, with additional offices in Ontario, and serves customers primarily in North America. Founded in 2009, the company emphasizes operational flexibility and efficiency in its solutions.

Enertiv

Non Equity Assistance in 2012
Enertiv, Inc. is a digital energy company based in New York that specializes in energy efficiency solutions for the real estate sector and related markets. Founded in 2011, the company focuses on optimizing building operations by transforming data into actionable insights. Enertiv's platform collects and analyzes data from various sources, supplemented by IoT devices, to monitor critical equipment, tenant spaces, and indoor environmental conditions. This comprehensive approach allows property owners and operators to identify inefficiencies and reduce waste in their operating expenses. By streamlining operations and enhancing performance, Enertiv empowers its clients to make informed, data-driven decisions that enhance asset value and improve tenant health.

Bandwagon

Non Equity Assistance in 2011
Bandwagon facilitates real-time sharing of taxis and hired vehicles. Through web and mobile apps, they connect people who are traveling in the same direction. Shared trips are affordable, fun, and environmentally-friendly. Bandwagon builds transportation software and systems. Their primary area of expertise is building products that increase the efficiency of for-hire vehicle fleets, and increase the connectivity of these fleets with traditional transit systems. Bandwagon also offers transportation strategy consulting to large organizations, municipalities and transportation management agencies. Bandwagon was inspired by an ethic of repair and a belief that cities are fundamentally collaborative & creative enterprises. The Company’s mission is to create products and services that increase urban access to mobility and reduce energy costs and pollution, by reorganizing existing transportation infrastructure. Their products provide efficient access to traditional transportation networks where they exist, and create new mobility where traditional transportation infrastructure is underdeveloped.
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