Energy Excelerator announces latest cohort

The Energy Excelerator selected 17 startups from a pool of high quality applicants to transform Hawaii’s energy system. Fifty percent of the new portfolio startups has principal team members with previous exits.

“We are excited to work with a new cohort of startups with a ton of experience in running successful companies,” says Dawn Lippert, Director of the Energy Excelerator. “These are really smart people that have vetted technologies and are eager to partner with our local businesses to help solve some of our most difficult energy challenges.”

The Energy Excelerator’s goal is to strategically address Hawaii’s energy challenges across many different sectors. The 2015 cohort consists of startups with innovative solutions for the State’s energy, transportation, water, and agriculture industries.

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Hawaii ‘Energy Excelerator’ gets $30M from Navy

The Navy’s Office of Naval Research, under the Asia Pacific Technology Education Program, announced today that it will invest $30 million dollars in the Hawaii-based Energy Excelerator. The new Navy commitment triples the funding that the program operated with over the past three years, showing that they recognize the value of Hawaii as an ideal place for new energy innovation.

The Energy Excelerator funds seed-stage and growth-stage startups with compelling energy solutions and immediate application in Hawaii.

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