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Previous Name: ETS

Location: Massachusetts, United States

Year Founded: 2020

Technology Category: Energy Storage Technologies

Description: Electrified Thermal Solutions’ Joule Hive™ Thermal Battery uses electrically conductive firebricks as both the heating element and thermal storage medium, converting electricity into high-temperature heat that can be stored at up to 1,800°C. The system delivers hot air or process gases on demand for industrial applications such as cement, steel, chemicals, and glass, while enabling flexible charging from grid electricity during periods of lower-cost or excess renewable power.

Programs: GCxN Portfolio Company

Previous Name: Energy Storage Systems Inc

Location: Oregon, United States

Year Founded: 1993

Technology Category: Energy Storage Technologies

Description: Energy Storage Systems (ESS)’s iron flow battery technology uses an aqueous electrolyte of iron, salt, and water to provide long-duration energy storage with minimal degradation over extended cycling. Its systems are designed for renewable energy integration, grid resilience, and microgrid applications, with energy capacity and power output that can be scaled independently.

Programs: IN2 Portfolio Company

Location: Arizona, United States

Year Founded: 2018

Technology Category: Building Design and Construction

Description: EnKoat’s microencapsulated phase-change materials are incorporated into architectural coatings, plasters, and paints to provide thermal energy storage. The microcapsules absorb and release latent heat during phase changes, moderating indoor temperature fluctuations and reducing HVAC loads.

Programs: IN2 Portfolio Company

Location: Colorado, United States

Year Founded: 2024

Technology Category: Chemical Resource Management

Description: EsterCycle’s polyester chemical recycling technology depolymerizes polyester waste into purified monomeric building blocks. The process separates dyes, additives, and contaminants from textile waste to produce virgin-grade terephthalate feedstocks for polymer production.

Programs: West Gate Portfolio Company

Location: Kitchener, Canada

Year Founded: 2018

Technology Category: Building Design and Construction

Description: Evercloak’s ultrathin graphene and 2D nanomaterial films provide engineered thermal and optical properties for building applications. The films improve heat management and cooling performance while reducing energy requirements.

Programs: IN2 Portfolio Company

Previous Name: Invizyne

Location: California, United States

Year Founded: 2019

Technology Category: Chemical and Process Technologies

Description: eXoZymes’ biomanufacturing platform uses enzymatic and biological pathways to produce chemical molecules such as pharmaceutical ingredients, biofuels, flavors, and cosmetic compounds. The platform targets production of naturally occurring molecules without relying on conventional chemical synthesis or extraction.

Programs: GCxN Portfolio Company

Previous Name: Growing Energy Labs Inc

Location: California, United States

Year Founded: 2010

Technology Category: Energy Storage Technologies

Description: Geli’s energy storage software platform combines AI-driven modeling, forecasting, optimization, and real-time monitoring to design and operate battery energy storage and solar-plus-storage systems. Its software uses digital-twin simulations and machine-learning algorithms to optimize system sizing, dispatch, energy-market participation, and performance across multiple value streams.

Programs: IN2 Portfolio Company

Location: Texas, United States

Year Founded: 2024

Technology Category: Fuels and Energy Carriers

Description: GeoKiln’s underground hydrogen production technology generates hydrogen through controlled thermal stimulation of subsurface geological formations. The process uses heat applied underground to drive hydrogen-forming reactions within the geological resource.

Programs: West Gate Portfolio Company

Previous Name: Polyceed

Location: Arizona, United States

Year Founded: 2011

Technology Category: Building Design and Construction

Description: Glass Dyenamics’ switchable optical materials enable controlled changes in the optical properties of construction materials. The technology can dynamically modify characteristics such as light transmission for building envelope and glazing applications.

Programs: IN2 Portfolio Company

Location: Pennsylvania, United States

Year Founded: 2016

Technology Category: Agricultural Insights and Automation

Description: GrowFlux’s wireless IoT and automation platform provides sensing, control, and energy-management capabilities for greenhouses and indoor farms. The system connects environmental monitoring and facility equipment to automate growing conditions and resource use.

Programs: IN2 Portfolio Company