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.
![](https://in2ecosystem.com/wp-content/uploads/2021/10/LiquidCool_37-scaled.jpg)
![Crane postions a modular housing unit](https://in2ecosystem.com/wp-content/uploads/2022/11/in2-62503-scaled.jpg)
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.
![](https://in2ecosystem.com/wp-content/uploads/2021/03/icon_merger-150x150.png)
MERGERS & ACQUISITIONS
Since joining IN2, 14 of our 72 portfolio companies have seen successful exits in the form of mergers or acquisitions.
![](https://in2ecosystem.com/wp-content/uploads/2021/03/icon_portfolio-150x150.png)
PORTFOLIO COMPANIES
![](https://in2ecosystem.com/wp-content/uploads/2021/03/icon_investment-150x150.png)
INVESTMENTS
IN2 companies raise more than $114 in external follow-on funding for every $1 awarded.
Our Portfolio
IN2 focuses on these technology sectors.