There’s a great opportunity in sustainability and mobility to gain $100,000 support and participation in a renowned support system for startups. Offered by gener8tor, the U.S. Venture Sustainability Accelerator program supports the growth of its startups through a network of experienced mentors, technologists, corporate partners, angel investors, and venture capitalists. It’s a 12-week startup accelerator sponsored by U.S. Venture, a leader in sustainable energy solutions, and powered by gener8tor. The selected teams will receive a $100,000 investment in return for 7.5% equity in their company using a Simple Agreement for Future Equity (SAFE).
To date, gener8tor’s roughly 1,000 alumni have cumulatively raised more than $1.2B in follow-on financing. The company is looking for five sustainable / mobility startups from anywhere in the U.S. Relocation to Appleton, Wisc., for the duration of the program is required.The applications close on January 9, but it may need to be extended one week. The International Trade Council recognized gener8tor as the Venture Capital Firm of the Year in October. Read all about the Accelerator here.
More on Tesla: An early release of numbers happened this week, for those interested in the Tesla vs. BYD race. BYD took the lead with 1.85 million plug-in electric vehicles sold last year — more than tripling sales in the previous year. Battery electric vehcles were still behind Tesla. That U.S. company reported 1.31 million deliveries worldwide. But there are some distinctions in this race — which will be explored more fully in the January issue of Green Auto Market’s monthly Market Intel report.
And more in the coming issue of Market Intel:
Sustainable Transportation Market Data
— Alternative Fuel Stations in the U.S. — January 2023
—Alternative Fuel Price Report
Teaser: Which has more stations in place — hydrogen or liquefied natural gas (LNG)?