FROM IDEAS TO REALITY

 

WHO

WE ARE

Idealab NY is a startup studio, focused on the earliest stages of a company’s creation— from idea to establishing product market fit. We look for big problems in the world to solve. We then co-found companies with extraordinary entrepreneurs to turn the most impactful and commercially promising solutions into thriving businesses.

 

OUR 

PARTNERS

Idealab Studio is a new startup studio that builds upon the storied legacy of Idealab. Both Idealab Studio and Idealab were founded by prolific entrepreneur Bill Gross. IdealabX is an early stage venture capital firm. Idealab NY is a proud investor in both Idealab Studio and Idealab X.

 

Idealab_Studio_logo.png
IdeaLab x_Logo.png
 

OUR

COMPANIES

We co-create with our portfolio companies to ensure their long-term success.

THE

TEAM

We love what we do.

 

 

FUN FACTS ABOUT

IDEALAB

1996

FOUNDED

150+

COMPANIES CREATED

45

IPOS & ACQUISITIONS

$3.5B

CAPITAL RAISED
 

NEWS

bd8462c765e70ba4a6cd4de89aa3cbb4.webp

Carbon Capture Inc. Closes $35 Million Series A Funding From Prime Movers Lab, Rio Tinto, Idealab Studio, and Time Ventures

Yahoo! Finance - October 19, 2021

Carbon Capture Inc. (CarbonCapture), a climate tech company that makes machines that remove CO2 directly from the atmosphere, today announced the closing of a $35 million Series A funding round and the appointment of Adrian Corless as CEO. Learn more

5cafc360-d101-41da-8e56-7842c778b163.JPG

Renewable Storage Firm Energy Vault Reaches $1.6 Billion SPAC Deal to Go Public

The Wall Street Journal - September 8, 2021

Energy Vault Inc. is combining with a blank-check company to go public in a merger that values the gravity-based energy-storage company at roughly $1.6 billion, the companies said. 

Learn more

IMG_4466.tiff

SoftBank-backed storage developer Energy Vault raises $100 mln

Reuters - August 24, 2021

Energy Vault, a developer of utility-scale battery storage technology backed by SoftBank Group Corp (9984.T) and the venture arm of Saudi Aramco (2222.SE), has raised $100 million in a funding round, its chief executive told Reuters on Tuesday. Learn more

https___specials-images.jpg

Heliogen And Bloom Energy Agreement Signals The Start Of The Hydrogen Age

Forbes - July 22, 2021

Today, Heliogen and Bloom Energy (BE) announced a partnership to produce “green hydrogen” – a powerful industrial energy source – using only concentrated solar power and water. 

Learn more

im-364174.jpeg

Concentrated Solar Power Firm Heliogen to Go Public in $2 Billion SPAC Merger

The Wall Street Journal - July 6, 2021

Heliogen Inc. is merging with a special-purpose acquisition company to go public in a combination that values the concentrated solar power company at about $2 billion, the companies said. Learn more

Screen Shot 2021-06-27 at 1.16.38 PM.png

How Mirrors Could Power the Planet... and Prevent Wars

Freethink - June 19, 2021

When most people think of solar power, they picture rows and rows of photovoltaic solar panels on the roof of a building. But photovoltaic power is terribly inefficient — the mining and refining of the elements required for daily human life are incredibly costly to the environment. 

Learn more

Lancaster Field from above (1).png

Solar concentration startup Heliogen basks in $108M of new funding

TechCrunch - June 15, 2021

Sunlight is a great source of energy, but it rarely gets hot enough to fry an egg, let alone melt steel. Heliogen aims to change that with its high-tech concentrated solar technique, and has raised more than a hundred million dollars to test its 1,000-degree solar furnace at a few participating mines and refineries. Learn more

Screen Shot 2021-06-10 at 10.47.06 PM.pn

Magnite Partners with tvScientific to Woo Performance Marketers to CTV

Ad Age - June 9, 2021

The goal of the new partnership is combining Magnite's relationship with CTV publishers with tvScientific's focus on attribution, to give direct-to-consumer and other direct response brands a clearer path to advertising in CTV. Learn more

twitter_MS_fdblanc.png

ArcelorMittal : Initial $10 million investment part of broader partnership established with Heliogen (Form 6-K)

Market Screener - June 8, 2021

ArcelorMittal ('the Company') today announces the completion of its first XCarb™ innovation fund investment since launching the initiative in March 2021. The Company has invested an initial $10 million in Heliogen, a renewable energy technology company which focuses on 'unlocking the power of sunlight to replace fossil fuels'. Learn more

unnamed.png

Saudi Aramco Energy Ventures Invests in Energy Vault

Business Wire - June 2, 2021

Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to utility-scale energy storage for grid resiliency, today announced new investment from Saudi Aramco Energy Ventures (SAEV), the strategic technology venturing program of global integrated energy and chemicals company Aramco (TADAWUL: SAUDI ARAMCO). Learn more

Lancaster Field from above (1).png

This Bill Gates-backed startup will soon help power a giant mine

CNN Business - March 24, 2021

In a bid to bring carbon-free power to heavy industry, Heliogen announced Wednesday that mining behemoth Rio Tinto plans to deploy the startup's breakthrough solar technology at California's largest open pit mine, located in Boron. Heliogen says this will be the first concentrated solar technology used to power a mine in the United States, and perhaps the world.

Learn more

Image 3-8-21 at 5.32 PM.jpg

Why clean energy’s future may depend on molten salt, trains, and cranes

Fortune - February 16, 2021

In an effort to make renewable energy more reliable, one company wants to send trains carrying tons of rocks up and down a hill. Another wants to use cranes to stack and unstack heavy blocks. Learn more

2021 Honorees: Julian Laval and Ali Imani, Cofounders of Center Health

Forbes - 2021

Julian Laval and Ali Imani founded diabetes device and management company Center Health in 2017 to make glucose monitors that connect to a smartphone and work with an app. Center Health raised $4 million from Fuel Capital, Sequoia Scouts, Luma Launch, IdeaLabX, and has 10,000 customers. Learn more

2021 Honoree: Easton LaChappelle, Founder of Unlimited Tomorrow

Forbes - 2021

Prosthetics can be expensive, which is why Unlimited Tomorrow is using 3D-printing and scanning to drive down costs. The direct-to-consumer company sells personalized robotic arms for $7,995. Founder and CEO LaChapelle has raised $6.2 million to scale up the company.

Learn more

best-inventions-of-2020-Heliogen-HelioHe

Industry, Powered By The Sun: Heliogen HelioHeat

Time - November 19, 2020

Creating the tons of steel and concrete we use to build our world requires a massive amount of heat—and most of it comes from burning dirty fossil fuels. HelioHeat cleans up that process by using the power of the sun. Learn more

im-226832.jpeg

Bill Gross, 1990s Dotcom Trailblazer, Is Now Betting on Green Energy

Wall Street Journal - October 6, 2020

The pandemic, by decimating oil demand, crashing prices and challenging the economics of some fossil-fuel projects, has accelerated some industry moves toward low-carbon energy. In Mr. Gross’s view, it has also leveled the playing field for green energy’s drive to displace fossil fuels. Learn more

200829152742-01-prosthetic-unlimited-tom

This young entrepreneur skipped college to create robotic limbs that users can control with their minds

CNN Health - August 31, 2020

Easton LaChappelle isn’t your average adult male in his mid-twenties. While others might be working their first jobs or trying to figure out a way to unleash their creative ideas, LaChappelle runs a high-tech medical company focused on creating prosthetic limbs for those who deal with limb loss or limb differences, Unlimited Tomorrow. The best part? He’s doing this at a fraction of the cost. Learn more

200829152742-01-prosthetic-unlimited-tom

This Young Technologist Is Revolutionizing the Future of Prosthetics, One Artificial Limb

at a Time

Men’s Health - September 3, 2020

Easton LaChappelle isn’t your average adult male in his mid-twenties. While others might be working their first jobs or trying to figure out a way to unleash their creative ideas, LaChappelle runs a high-tech medical company focused on creating prosthetic limbs for those who deal with limb loss or limb differences, Unlimited Tomorrow. The best part? He’s doing this at a fraction of the cost. Learn more

Screen Shot 2021-04-20 at 8.53.37 AM.png

TrueLimb robotic arms look real and cost less than traditional prosthetics

CNET - August 30, 2020

Easton LaChappelle was 14 years old when he designed and built his first robotic arm. Ten years later, he's now the CEO of his own company, looking to upend the prosthetics industry. 

Learn more

Screen Shot 2021-04-20 at 9.07.15 AM (1)

Easton LaChappelle’s Story: Advancing Affordable and Accessible Prosthetics

Youtube - August 5, 2020

Smart, Made-to-order Limbs Are The Future Of Prosthetics

Inverse - July 14, 2020

TrueLimb is a customizable and affordable alternative to commercial-grade prosthetic limbs that can cost upwards of $80,000 for a single unit. For growing children that need at least four to five new prostheses in adolescence, this price is astronomical. Learn more

This Invention Has Saved About 150,000 Babies' Lives

Oprah.com - July 7, 2020

"The essence of design is empathy," Chen says, "making something that fulfills the needs, desires and circumstances of the customers you're trying to serve. We couldn't have come up with a design sitting in Palo Alto." Learn more

What Life-Saving Mothers Teach Us About How To Lead Through Hard Times

Forbes - May 10, 2020

A recent KFF Health Tracking Poll found that nearly half of Americans have had their mental health negatively effected by the COVID-19 crisis. The magnitude of that deserves a moment to sink in. Almost half of us are having mental health trouble right now. Learn more

Why Social Entrepreneur Kuda Biza Defines 'Now' as 'No Opportunity Wasted'

Entrepreneur - January 24, 2020

In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Kuda Biza, co-founder and CMO of Nunbelievable, co-founder of #ThisIsMyEra, and founder of the Amani Hope Foundation. It was condensed by The Oracles. Learn more

Here’s Where to Travel in 2020

Vogue - December 27, 2019

A new year—a new decade—is upon us, and with that comes new goals. And while there’s always room for resolution-inspired improvements, one thing we should all be promising ourselves is to explore the world a little more. Learn more

Lancaster Field from above (1).png

Secretive energy startup

backed by Bill Gates achieves

solar breakthrough

CNN - November 19, 2019

Heliogen, a clean energy company that emerged from stealth mode on Tuesday, said it has discovered a way to use artificial intelligence and a field of mirrors to reflect so much sunlight that it generates extreme heat above 1,000 degrees Celsius. Learn more

Screen+Shot+2019-09-03+at+10.11.03+AM.pn

Energy Vault raises $110 million from SoftBank Vision Fund as energy storage grabs headlines

TechCrunch - August 14, 2019

Imagine a moving tower made of huge cement bricks weighing 35 metric tons. The movement of these massive blocks is powered by wind or solar power plants and is a way to store the energy those plants generate. Learn more

Energy Vault Press Release

Screen Shot 2019-07-26 at 12.07.05 PM.pn

Energy Vault uses cranes powered by renewables to lift giant bricks into a tower.

Fast Company - April 8, 2019

When the sun isn’t shining or the wind isn’t blowing, lowering the bricks back down creates new energy. It’s one of Fast Company’s 2019 World Changing Ideas Awards winners.

Learn more

idealabny.jpeg

Press Release: Idealab NY Launch

PR Newswire - February 19, 2019

Idealab, the leading technology incubator, and The Trillions Co., the breakthrough social innovation seed-stage investment company, today announced a partnership to launch Idealab New York, a startup studio that creates and launches startups in Food, Education, Media, and Manufacturing. Learn more

Press Release: Nunbelievable Launch

PR Newswire - March 29, 2019

Tony Robbins, the world-renowned, peak-performance strategist and philanthropist, has announced the creation of Nunbelievable, Inc. A mission-based, direct-to-consumer baked goods company, Nunbelievable supports the work of soup kitchens and is a natural extension of Robbins' 30-year mission to end hunger in the United States. Robbins leads Feeding America's 1 Billion Meals Challenge, which has provided 420 million meals in the past four years alone and is on track to provide a half-billion meals this year. Learn more

luna-janechen-geiken-1630_1.jpeg

Jane Chen: Be Courageous Because You Will Fail

Stanford Graduate School of Business - July 31, '17

The CEO of Embrace Innovations explains the most important skill for a successful entrepreneur. One out of every 10 babies in the world is born premature. One million die each year, many due to lack of warmth. Jane Chen, who earned her MBA in 2008, wanted to change that. “No baby should die from being cold,” she says. Learn more

Screen Shot 2021-03-15 at 8.24.21 PM.png

Idealab Founder Bill Gross' TED Talk 2015

TED - 2015

The single biggest reason why startups succeed. Learn more