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And others like LACIs Market Access portfolio company Microgrid Labs that makes it easier for medium and heavy duty electric vehicle fleet operators to perform assessments and aggregate electrification plans with their creative platform management solution. When Shred Cycles founder realized her original passion project of recycling skateboard wheels could better serve her mission and the community with an entirely new business model of upcycling polyurethane waste, thereby reducing the impact that industry has on the City of Los Angeles, aided by her Executive In Residence, she made the shift with great success. Companies like those in our FBA Cohort 7, some of who have been in business for 2 years while others are regarded as community legends with operating history of some 20 years, will re-imagine and re-invigorate their businesses and the communities they serve by focusing on sustainable and environmentally conscious business practices that create new jobs, reduce waste, and stimulate economic wealth across our region especially among historically under-resourced communities.LACI is proud to amplify these stories, lift-up and empower 34 women founders and 36 founders from traditionally underrepresented groups who are joining the LACI Family this year!Were happy to introduce the full roster of 19 startups companies entering LACIs founder programs across our three sector areas of focus:Hardware solution to unlock the great potential of residential buildings in providing affordable, clean, and equitable energy for residents by making the electric meters intelligent, without costly upgrades.Developing a vertical wall concept device which is comprised of a series of wind induced oscillating geometries. The X Logistics solution overcomes range limitations using the Transfer Hub model and connected fleets to keep freight moving, reducing inefficiencies endemic to conventional distribution networks.Wild Technologies has designed the easiest to manufacture and customize battery pack for the marine industry.Kit Switch is a modular building interiors startup creating a line of plug-and-play kitchens for multifamily housing developments.Relyion Energy is enabling longer and sustainable use of Li-ion batteries.VARIANT3D is 3D printing on demand for fully customizable textiles using sustainable or recycled inputs.Shred Cycle Inc. is making sustainability easy and accessible to action sports enthusiasts by upcycling polyurethane waste, from skateboarding wheels and manufacturing waste, back into useful outdoor products.Coralite is an innovative performance material company the Coralite material is made from 100% recycled foam, is fully circular, and has little to no waste in its production.Galora is the Airbnb of homegrown food. Every year, 11.5 billion pounds of U.S. homegrown food is wasted.ThermoShade is a passive cooling panel that can be retrofitted onto outdoor structures, creating a space that feels up to 20\xb0F cooler than the outside air temperature with zero electricity and zero water.LACIs network of cleantech companies continues to grow in membership and as individual startups advance their solutions and demonstrate tremendous success in-market after completing LACIs founder programs.

$ Funding

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Amount - Total raised
Date October 28, 2022 Announcement date
Investors Techcrunch Lead investors
Company https://www.veloceenergy.com Funded company

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