Home - Innovation Incubator (IN2)

ADVANCING TECHNOLOGIES FOR SMART AND CONNECTED COMMUNITIES

The Wells Fargo Innovation Incubator (IN²) is a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the National Renewable Energy Laboratory (NREL). IN² helps speed the path to market for early-stage clean energy and agriculture technologies by providing funding and technical assistance that leverages the capabilities, facilities, equipment and deep expertise at NREL and the Donald Danforth Plant Science Center (Danforth Center).

To date, 25 portfolio companies have each received up to $250,000 in technical assistance and project related support

Almost $700,000 in follow-on funding from IN² has been distributed to date

40+ Channel Partners refer early-stage companies to the program and provide critical business mentoring and support

IN² portfolio companies have gone on to raise $114 million in follow-on funding from external sources

MERGERS & ACQUISITIONS

Since joining IN², 4 portfolio companies have seen successful exits in the form of mergers or acquisitions

BETA DEMONSTRATIONS

5 portfolio companies have beta demonstrations at Wells Fargo or NREL with 2 additional pilot projects in the near future

OUR INVESTMENTS GO FAR

IN² companies raise nearly $19 dollars in external follow-on funding for every $1 awarded.

OUR PORTFOLIO COMPANIES

Wells Fargo Innovation Incubator – Cohort 4

40+ Channel Partners refer early-stage companies to the program, and provide critical business mentoring and support to IN² portfolio companies

MEET THE ROUND 4 COHORT

75F

75F offers a vertically-integrated suite of wireless sensors, equipment controllers and cloud-based software delivering predictive, proactive building automation right out-of-the-box.

Ladybug Tools

Ladybug Tools is a collection of computer applications that support environmental building design and planning.

Next Energy Technologies, Inc. (NEXT)

NEXT is developing low-cost, printable, transparent coatings that are seamlessly integrated into windows, allowing for the harvest/conversion of light energy for use as onsite renewable power.

UbiQD

UbiQD is a cleantech nanomaterials company that manufactures quantum dots (QDs) and polymer composites that will enable building-integrated sunlight harvesting, turning windows into power units.

Yotta Solar

Yotta Solar is developing a modular energy storage device, SolarLEAF™; battery storage integrated with photovoltaic (PV) installation designed to reduce cost and expand development of energy storage and grid resiliency on commercial buildings.

READ THE 2018 ANNUAL REPORT

SPEEDING CLEAN ENERGY AND AGRICULTURE TECHNOLOGIES TO MARKET

VALIDATING TECHNOLOGIES IN WORLD-CLASS FACILITIES

FOSTERING A ROBUST ECOSYSTEM