LACI

About LACI

LACI, also known as the Los Angeles Cleantech Incubator, is a nonprofit organization that fosters the growth of the cleantech ecosystem in the Los Angeles region with a commitment to creating an inclusive green economy. Their investment focus includes Energy, CleanTech, Mobility, and support for businesses that empower women. With investment sizes ranging from a minimum of $100,000 to a maximum of $500,000, their sweet spot for investment is typically around $250,000. LACI specializes in various stages of a company's life, including Pre-Seed, Seed, Series A, and Series B. They have a profound interest in sustainable mobility solutions, particularly in the US and Europe. LACI's website details several key programs and initiatives aimed at nurturing and supporting startups through their incubation program. Their portfolio companies are involved in pioneering technologies that contribute to a sustainable future. By 2028, they aim to leverage the Olympic and Paralympic Games in Los Angeles as an opportunity to advance electric transportation and clean energy. Additionally, the LACI Impact Fund and LACI Cleantech Debt Fund are specialized funding opportunities provided for portfolio companies. They prioritize market success, climate action, and economic impact, as evidenced by their track record of over 500 portfolio companies, over $1 billion in funding raised, and significant revenue generation. Their work does not stop at funding, as they also pilot business and policy model solutions to integrate start-up technology, community needs, scalability, and equity. LACI is committed to workforce development, providing technical training, certifications, and career coaching to underrepresented groups. They have a holistic approach focused on three pillars: unlocking innovation in startups, transforming markets through collaboration with industry and the public sector, and enhancing communities to ensure broad access to the benefits of the green economy.