Greentown Labs

Greentown Labs, Inc. is a climate technology incubator founded in 2011 and located in Somerville, Massachusetts. The company provides co-located prototyping, office, and event spaces specifically designed for businesses in the clean technology, energy, and environmental sectors. Its mission is to foster a vibrant community of entrepreneurs by offering the necessary resources and support to help early-stage companies thrive. By creating shared warehouse spaces and facilitating collaboration, Greentown Labs aims to enable innovative solutions that address pressing climate challenges.

Kevin T. Taylor

CFO

Past deals in Wind Energy

Axis Sky Renewables

Grant in 2024
Axis Sky Renewables is a company dedicated to harnessing wind power for a sustainable energy future. It specializes in manufacturing vertical-axis wind turbines, which are designed with features like keel-stabilized rotation, tension leg platform mounting, and compact spacing to reduce installation costs and increase offshore power density. The company's turbines are intended to provide a sustainable and efficient source of energy.

Blue Atlas Robotics

Non Equity Assistance in 2023
Developer of underwater visual inspection robots designed to build robots that produce visual dimensional maps of underwater surfaces. The company provides high-quality underwater images to all industries that are exposed to the marine environment from the shipping industry, offshore oil and gas, and windmill farmers as well as any shore-based structures, enabling businesses and clients to maintain their underwater maintenance and assets.

Lobster Robotics

Non Equity Assistance in 2023
Lobster Robotics specializes in developing lightweight, low-cost robots for visual surveying in offshore wind farms. Their technology enables quick, affordable site assessments, reducing surveying costs and supporting the development of offshore renewables.

Excipio Energy

Non Equity Assistance in 2021
Excipio Energy is a company that specializes in offshore renewable energy, offering a unique solution that combines multiple renewable energy sources - wind, wave, currents, Ocean Thermal Energy Conversion (OTEC), and power-to-fuel - on a single floating platform. Their services aim to make energy more profitable, safe, and reliable, while also reducing development costs by leveraging existing offshore infrastructure. They provide comprehensive consulting services, including technology evaluation, resource assessments, cost estimation, and regulatory guidance, to help energy producers navigate the offshore renewable energy landscape.
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