LA Cleantech Incubator Adds Five Companies to Expand Its Impressive Portfolio of Green Pioneers

Los Angeles Cleantech Incubator (LACI) continues to lead the City of LA’s green initiatives with the addition of five promising startups: Skyline Innovations, Magnovate Technologies, Somatis Sensor Solutions, Chai, and Open Neighborhoods.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
We’re excited about each of these new additions to the LACI family of exceptional cleantech pioneers...

Los Angeles, CA (PRWEB) December 21, 2012

Los Angeles Cleantech Incubator (LACI) continues to lead the City of LA’s green initiatives with the addition of five promising startups: Skyline Innovations, Magnovate Technologies, Somatis Sensor Solutions, Chai, and Open Neighborhoods.

LACI’s partnership with the City of Los Angeles to create green jobs and help bring clean technologies to market continues to gain momentum. LACI and its impressive portfolio of cleantech companies launch innovative, efficient, breakthrough products and services that are made in LA. With a population of almost ten million people, the greater Los Angeles area is the top manufacturing center in the nation.

“We’re excited about each of these new additions to the LACI family of exceptional cleantech pioneers, and look forward to working with the powerful ecosystem of industry, education and government leaders in Los Angeles to help them succeed,” said Fred Walti, LACI Executive Director.

Skyline Innovations, Inc.:
Skyline Innovations finances, installs, maintains and monitors commercial-scale solar water heating systems at no upfront cost to customers. Featuring some of the most advanced technology in solar-heated water systems, Skyline specializes in service to buildings that use more than 2500 gallons of water each day, but aims to globalize its technology.

Skyline’s price-indexed energy and guarantee of an energy-saving system is unparalleled in the solar water heating market. Skyline optimizes energy-saving levels, and with integrated real-time system monitoring is able to report measurable savings to the customer.

Magnovate Technologies, Inc.:
Magnovate is developing a permanent magnet that does not rely on rare earth elements. This may not sound revolutionary to some, but there are currently no non-rare earth magnets to provide an alternative to neodymium magnets, which are used in most modern products including motors, speakers, disk drives, and fasteners.

Magnovate offers a promising alternative to the world’s most popular magnet type by providing a green magnet with superior strength at a competitive price.

Somatis Sensor Solutions, LLC:
Somatis Sensor Solutions are power and sensing specialists in the kinetic energy field. Their innovative technology include large-scale broadband kinetic energy harvesting plates, as well as a patented kinetic energy harvesting composite. Using these technologies, they are pioneering the way for saving “wasted energy” by introducing self-powered sensor modules that can be installed into new and existing HVAC (heating, ventilation, and air conditioning) systems to make them more energy-efficient.

By integrating all major energy systems, Somatis has enabled these components to work as a team. Somatis’ system has been designed to power only what is needed with as little energy as possible, using residual energy from other systems to power environmental monitoring modules. Somatis also offers technical consulting services, to help design and implement various types of sensor and data solutions.

Chai:
Chai gives consumers a simple and mobile way to understand and reduce their energy use up to 20%. Chai offers an insightful, simple, and mobile way for the consumers to see which appliances are in use, and it calculates each appliance’s usage cost. Consumers can understand and manage their energy-footprint with a real-time energy application.

Chai believes that by choosing a fundamentally different path to “be green,” consumers will find a personal way to connect with how much energy they are using.

Open Neighborhoods:
Open Neighborhoods has been the leading provider of streamlined solar energy buying since 2009. By procuring solar energy via online bidding and shopping comparison services, Open Neighborhoods has moved residential and commercial solar group purchasing from complicated solar energy deals into the future of green technology.

Open Neighborhoods has also developed SunShopper™, an online platform for the integration of geospatial solar mapping data which features an easy-to-use customer account, instant solar evaluations, and cost-effective installation quotes for the next generation of solar energy.

Currently, Open Neighborhood’s proprietary e-Commerce framework for solar buying is being operated via http://www.gosolar.la and will be integrated with regional solar purchasing portals to target other solar energy buyers and green consumers throughout the nation.

About LACI:
The Los Angeles Cleantech Incubator (LACI) is a private nonprofit founded by the City of Los Angeles to accelerate the commercialization of clean technologies in the Los Angeles region. Located in the center of the City’s Cleantech Corridor, LACI offers flexible office space, CEO coaching and mentoring, and access to a robust network of experts and capital. Incubated companies operate in a range of sectors including Smart Grid infrastructure, energy efficiency, energy storage, electric transportation, and materials science. LACI works closely with the region’s universities, business community, government institutions, capital markets and utilities to foster innovation and to grow the region’s green economy. Learn more at http://www.laincubator.org

LACI is expected to sustainably accelerate the growth of dozens more promising companies and entrepreneurs in world-class facilities that include wet labs, dry labs, prototype manufacturing space, conference space, and strategically aligned partners all in one convenient location once the permanent La Kretz Innovation Campus opens next year. It is anticipated that, over the next five years, LACI can help create over 1,600 direct and indirect jobs.

# # # # #
For press information or images, please contact:

Gypsywing Media
(310) 696-9155
info@gypsywing.com


Contact

Follow us on: Contact's Facebook Contact's Twitter