Los Angeles Cleantech Incubator
Investments
85Portfolio Exits
3Funds
4Partners & Customers
4About Los Angeles Cleantech Incubator
Los Angeles Cleantech Incubator works within the cleantech sector, incubating startups, supporting the deployment of green technologies and providing access to capital for founders. The organization also offers technical training and career coaching aimed at groups that are traditionally underrepresented in this field. LACI serves the cleantech industry with a focus on zero-emission transportation, sustainable cities, and energy solutions. It was founded in 2011 and is based in Los Angeles, California.
Headquarters Location
525 South Hewitt Street
Los Angeles, California, 90013,
United States
213-358-6500
Latest Los Angeles Cleantech Incubator News
Dec 17, 2025
New Pilots in the Warner Center’s “Transportation Technology Innovation Zone” to Encourage Mode Shift, Reduce Vehicle Congestion in a Bustling Live-Work Community Los Angeles, December 17, 2025 – The Los Angeles Cleantech Incubator (LACI) is pleased to announce the launch of two new innovative pilot projects in partnership with the Warner Center Association. The pilots, […] The post LACI Launches Climate Innovation Transit Pilots with Warner Center Association, Delivering Zero Emission Mobility Solutions in the West San Fernando Valley appeared first on LACI.
Los Angeles Cleantech Incubator Investments
85 Investments
Los Angeles Cleantech Incubator has made 85 investments. Their latest investment was in It's Electric as part of their Seed VC on July 11, 2024.
Los Angeles Cleantech Incubator Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/11/2024 | Seed VC | It's Electric | $6.5M | Yes | Failup Ventures, Gratitude Railroad, Halogen Ventures, Newlab, Partnership Fund for New York City, Pulse Fund, Tale Venture Partners, The Equity Alliance, The Helm, Uber, and Undisclosed Investors | 5 |
6/18/2024 | Incubator/Accelerator | FabricFeed | Yes | 1 | ||
6/18/2024 | Incubator/Accelerator | Carvajal Motorsports | Yes | 1 | ||
6/18/2024 | Incubator/Accelerator | |||||
6/18/2024 | Incubator/Accelerator |
Date | 7/11/2024 | 6/18/2024 | 6/18/2024 | 6/18/2024 | 6/18/2024 |
|---|---|---|---|---|---|
Round | Seed VC | Incubator/Accelerator | Incubator/Accelerator | Incubator/Accelerator | Incubator/Accelerator |
Company | It's Electric | FabricFeed | Carvajal Motorsports | ||
Amount | $6.5M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | Failup Ventures, Gratitude Railroad, Halogen Ventures, Newlab, Partnership Fund for New York City, Pulse Fund, Tale Venture Partners, The Equity Alliance, The Helm, Uber, and Undisclosed Investors | ||||
Sources | 5 | 1 | 1 |
Los Angeles Cleantech Incubator Portfolio Exits
3 Portfolio Exits
Los Angeles Cleantech Incubator has 3 portfolio exits. Their latest portfolio exit was Noria on March 20, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/20/2025 | Acquired | Reliability Won | 2 | ||
Date | 3/20/2025 | ||
|---|---|---|---|
Exit | Acquired | ||
Companies | |||
Valuation | |||
Acquirer | Reliability Won | ||
Sources | 2 |
Los Angeles Cleantech Incubator Acquisitions
1 Acquisition
Los Angeles Cleantech Incubator acquired 1 company. Their latest acquisition was Urban Movement Labs on May 09, 2024.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
5/9/2024 | Merger | 1 |
Date | 5/9/2024 |
|---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Merger |
Sources | 1 |
Los Angeles Cleantech Incubator Fund History
4 Fund Histories
Los Angeles Cleantech Incubator has 4 funds, including SoCalGas Innovation Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
9/5/2013 | SoCalGas Innovation Fund I | Early-Stage Venture Capital | Closed | $1M | 1 |
Impact Fund | |||||
LACI Cleantech Debt Fund | |||||
Los Angeles Cleantech Incubator Second Fund |
Closing Date | 9/5/2013 | |||
|---|---|---|---|---|
Fund | SoCalGas Innovation Fund I | Impact Fund | LACI Cleantech Debt Fund | Los Angeles Cleantech Incubator Second Fund |
Fund Type | Early-Stage Venture Capital | |||
Status | Closed | |||
Amount | $1M | |||
Sources | 1 |
Los Angeles Cleantech Incubator Partners & Customers
4 Partners and customers
Los Angeles Cleantech Incubator has 4 strategic partners and customers. Los Angeles Cleantech Incubator recently partnered with ChargeNet Stations on August 8, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/26/2020 | Partner | United States | |||
10/3/2016 | Partner | ||||
5/3/2016 | Partner | ||||
4/22/2015 | Partner |
Date | 8/26/2020 | 10/3/2016 | 5/3/2016 | 4/22/2015 |
|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner |
Business Partner | ||||
Country | United States | |||
News Snippet | ||||
Sources |
Los Angeles Cleantech Incubator Team
6 Team Members
Los Angeles Cleantech Incubator has 6 team members, including current Chief Executive Officer, President, Matt Petersen.
Name | Work History | Title | Status |
|---|---|---|---|
Matt Petersen | LADBS, and Global Green USA | Chief Executive Officer, President | Current |
Name | Matt Petersen | ||||
|---|---|---|---|---|---|
Work History | LADBS, and Global Green USA | ||||
Title | Chief Executive Officer, President | ||||
Status | Current |
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