Working toward a low carbon future, together.

The Wells Fargo Innovation Incubator (IN2) is a technology program funded by the Wells Fargo Foundation. Co-founded and co-administered by the National Renewable Energy Laboratory (NREL) since 2014, its results are transformative and catalytic.

Our Mission

Our mission is two-fold. We work to foster innovation and increase market adoption of clean technologies to address urgent climate challenges.

Our Work

Operating at the nexus of technology demonstration and deployment, IN² validates and de-risks promising cleantech startups while facilitating connections with potential customers through a unique end user implementation curriculum.

World-Class Tech Incubation

Early- and mid-stage startup companies selected to IN2’s Emerging Tech track receive up to $250,000 in a non-dilutive award to validate their technologies in the world-class laboratories at NREL.

Crane postions a modular housing unit

Demand-Side Solutions

To address market barriers and increase wide-spread adoption of cleantech solutions, IN²’s Scalable Tech track educates and connects organizations such as corporations and communities to increase deployment of late-stage technologies that are ready for implementation to support their sustainability goals.

Our Impact

It’s a model that works. The numbers tell the story.

MERGERS & ACQUISITIONS

Since joining IN2, 14 of our 72 portfolio companies have seen successful exits in the form of mergers or acquisitions.

PORTFOLIO COMPANIES

IN2 portfolio companies have gone on to raise $2.3 billion in follow-on funding from external sources.

INVESTMENTS

IN2 companies raise more than $114 in external follow-on funding for every $1 awarded.