CalSEED is funded through the CEC’s EPIC program which invests approximately $130 million annually for innovative clean energy technologies and approaches benefiting the ratepayers of California’s three largest electric investor-owned utilities. Through the CalSEED initiative $48M will be deployed to back over 150 startups in coming years CalSEED is the flagship program of New Energy Nexus.
For more information, please visit calseed.fund
New Energy Nexus (NEX)
New Energy Nexus is the world’s leading ecosystem of funds and accelerators supporting diverse clean energy entrepreneurs to thrive. NEX started in Silicon Valley and now runs programs in Australia, China, India, Indonesia, Nigeria, the Philippines, Singapore, Thailand, Vietnam, Uganda, and the USA. Since 2004, NEX has accelerated over 600 clean energy startups, supported over 3000 entrepreneurs, and mobilized over US$1.5 billion in investment. NEX is also one of three organizations delivering the US Department of Energy’s Lithium Bridge project to accelerate the growth of America’s lithium battery supply chain and industry. For more information, please visit newenergynexus.com
About the California Energy Commission
The California Energy Commission is leading the state to a 100 percent clean energy future. It has seven core responsibilities: developing renewable energy, transforming transportation, increasing energy efficiency, investing in energy innovation, advancing state energy policy, certifying thermal power plants, and preparing for energy emergencies.
For more information, go to energy.ca.gov.