01.13.17
The Energy Department’s National Renewable Energy Laboratory (NREL) will help an additional 10 companies advance their technologies under the third round of the Wells Fargo Innovation Incubator (IN2) program, a five-year, $10 million program designed to facilitate early-stage technologies that provide scalable solutions to reduce the energy impact of commercial buildings.
Including Round 3 selections, a total of 20 companies have been awarded in-kind technical and project support funding to date.
“IN2 continues to attract high quality applicants and companies and is proving out the model that we had envisioned. Participating companies have been acquired by successful clean-technology corporations and received follow-on funding, and beta demonstrations are underway within the program,” said Richard Adams, director of NREL’s Innovation and Entrepreneurship Center.
Small businesses selected to participate in round three include:
• Transformative Wave, Kent, WA: HVAC, light, and battery storage retrofit kit for commercial buildings.
• Software Motor Corporation, Sunnyvale, CA: Super high efficiency Internet-enabled motor for HVAC applications.
• PowerFlex Systems, Los Altos, CA: Adaptive EV charging network for demand response and renewable integration.
• simuwatt, Boulder, CO: Rapid energy auditing software and platform.
• Maalka, New York, NY: Open modeling platform for managing large scale building sustainability initiatives.
• Geli, San Francisco, CA: Software platform to design, automate, and manage energy storage systems.
• APANA, Bellingham, WA: C&II smart water management systems using IoT and prescriptive analytics.
• EdgePower, Aspen, CO: Cloud-hosted energy simulation application for analyzing and enhancing building performance.
• Ibis Networks, Honolulu, HI: Plug load management for the enterprise.
• J2 Innovations, Chino, CA: Building automation and operating system for connecting and controlling devices.
Launched in 2014, IN2 is funded by the Wells Fargo Foundation and co-administered by NREL.
Including Round 3 selections, a total of 20 companies have been awarded in-kind technical and project support funding to date.
“IN2 continues to attract high quality applicants and companies and is proving out the model that we had envisioned. Participating companies have been acquired by successful clean-technology corporations and received follow-on funding, and beta demonstrations are underway within the program,” said Richard Adams, director of NREL’s Innovation and Entrepreneurship Center.
Small businesses selected to participate in round three include:
• Transformative Wave, Kent, WA: HVAC, light, and battery storage retrofit kit for commercial buildings.
• Software Motor Corporation, Sunnyvale, CA: Super high efficiency Internet-enabled motor for HVAC applications.
• PowerFlex Systems, Los Altos, CA: Adaptive EV charging network for demand response and renewable integration.
• simuwatt, Boulder, CO: Rapid energy auditing software and platform.
• Maalka, New York, NY: Open modeling platform for managing large scale building sustainability initiatives.
• Geli, San Francisco, CA: Software platform to design, automate, and manage energy storage systems.
• APANA, Bellingham, WA: C&II smart water management systems using IoT and prescriptive analytics.
• EdgePower, Aspen, CO: Cloud-hosted energy simulation application for analyzing and enhancing building performance.
• Ibis Networks, Honolulu, HI: Plug load management for the enterprise.
• J2 Innovations, Chino, CA: Building automation and operating system for connecting and controlling devices.
Launched in 2014, IN2 is funded by the Wells Fargo Foundation and co-administered by NREL.