Greentown Labs: Funding, Investors & Team (Oct 2026)
The purpose of Greentown Labs is to create a sustainable world through the collective efforts of climate-focused pioneers. As the most prominent incubator for climate technology startups in North America, Greentown Labs fosters collaboration among startups, corporations, investors, policymakers, and other stakeholders to scale climate solutions. Their mission is to provide startups with the essential resources, knowledge, connections, and equipment needed to succeed. By offering various facilities such as laboratory and office spaces, a machine shop, electronics lab, software and business resources, as well as a vast network of corporate clients and investors, Greentown Labs supports over 200 startups and has assisted more than 500 since its establishment in 2011. These startups have collectively generated over 24,000 jobs, raised more than $4 billion in funding, and contributed over $9.8 billion to the regional economy.
Greentown Labs has raised $4.4M across 2 funding rounds on record, the most recent an undisclosed round of $4.0M announced in Dec 2024.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Greentown Labs Company Profile and Key Stats
Latest funding round on record: Dec 2024.
Greentown Labs Funding Rounds
Greentown Labs raised $400k in an undisclosed round announced in Nov 2023.
1.1 years later, an undisclosed round of $4.0M was announced in Dec 2024.
Greentown Labs Founders and Leadership Team
No contact details are on record for this team yet.
Greentown Labs Funding Compared to Other Energy Startups
Greentown Labs' latest round of $4.0M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Greentown Labs in Energy and Somerville
Companies Similar to Greentown Labs
Voltus represents the "potential of us" to better manage energy through simple, cost and risk-free…
VEIR is a company working on a new method of utilizing high-temperature superconductors for electricity…
Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. The…
Adden Energy is a company that creates durable, lithium-metal, solid-state batteries. These batteries have…
Maxwell Power is a renewable energy company that installs solar panels.
Apollo Atomics is the developer of a nuclear technology designed to provide sustainable power and to meet…
Mojave Energy Systems is a company that provides air conditioning solutions that reduce energy use, improve…
SMT Energy specializes in developing renewable energy projects such as solar PV, community solar, standalone…
Our mission is to bring curbside EV charging to cities across the U.S. and advance the adoption of electric…
Branch Energy collects software and energy nerds that help accelerate the transition for a clean energy…
Planted Solar is dedicated to promoting the shift towards renewable energy sources.
Nanoramic Laboratories specializes in developing energy storage technologies and materials, particularly…
Greentown Labs Funding FAQs
What does Greentown Labs do?
The purpose of Greentown Labs is to create a sustainable world through the collective efforts of climate-focused pioneers. As the most prominent incubator for climate technology startups in North America, Greentown Labs fosters collaboration among startups, corporations, investors, policymakers, and other stakeholders to scale climate solutions. Their mission is to provide startups with the essential resources, knowledge, connections, and equipment needed to succeed. By offering various facilities such as laboratory and office spaces, a machine shop, electronics lab, software and business resources, as well as a vast network of corporate clients and investors, Greentown Labs supports over 200 startups and has assisted more than 500 since its establishment in 2011. These startups have collectively generated over 24,000 jobs, raised more than $4 billion in funding, and contributed over $9.8 billion to the regional economy.
How much funding has Greentown Labs raised?
Greentown Labs has raised $4.4M across 2 rounds on record. The most recent is an undisclosed round of $4.0M announced in Dec 2024.
When did Greentown Labs last raise funding?
Greentown Labs' most recent funding round on record is an undisclosed round of $4.0M, announced in Dec 2024.
Who founded Greentown Labs?
FundedIQ lists Jeremy Pitts (Founder) at Greentown Labs.
Where is Greentown Labs headquartered?
Greentown Labs is based in Somerville, Massachusetts, United States.
How many employees does Greentown Labs have?
Greentown Labs is in the 101-250 employee band.
How does Greentown Labs' funding compare to other Energy startups?
Greentown Labs' latest round of $4.0M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Greentown Labs Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Greentown Labs is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.
Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.