Greentown Labs Secures More Than $4 Million from Partners Across Ecosystems in Massachusetts and Texas [Yahoo! Finance]
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Source: Yahoo! Finance
Dec. 18, 2024 /PRNewswire/ -- Greentown Labs , the largest climatetech incubator in North America , has closed over $4 million in new funding from a dynamic mix of partners across its ecosystems in Somerville, Mass. and Houston, Texas . The funding will bolster the incubator's financial position and help its leadership team prepare for Greentown's next chapter supporting even more climate and energy transition entrepreneurs. Greentown Labs Logo (PRNewsfoto/Greentown Labs) The funding was provided by a joint partnership between Houston and Massachusetts investors and entities, including Bobby Tudor , CEO of Artemis Energy Partners and Chairman of the Houston Energy Transition Initiative at the Greater Houston Partnership; David Baldwin , Co-founder of OpenMinds and TEX-E and Partner, SCF Partners; Rice University ; MassDevelopment, Massachusetts' development finance agency and land bank; and the City of Somerville . This diverse group of partners shines a spotlight on the synergies
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