gener8tor and U.S. Venture Announce Inaugural Cohort of U.S. Venture Sustainability Accelerator
Partners invest $100,000 in each of five startups
APPLETON, WI – Global venture capital firm gener8tor, in partnership with energy, transportation, and sustainability solutions company, U.S. Venture, has announced the inaugural cohort of startups selected for investment through the U.S. Venture Sustainability Accelerator.
The U.S. Venture Sustainability Accelerator invests $100,000 into each of five startups per cohort that are solving problems in the sustainability and/or mobility space.
The U.S. Venture Sustainability Accelerator team reviewed over 400 applications for its inaugural program and has made investments into roughly the top 1% of applicants. The five startups came from across North America to participate in this accelerator based in Appleton, Wisconsin. The participating companies are: IN BOLD PRINT. (Chicago, IL); Nectar (Toronto, Canada); New Day Hydrogen (Denver, CO); Sativa Building Systems (Wittenburg, WI); and Torev Motors (Arlington, VA). Learn more about the selected startups below.
“We’re thrilled to partner with U.S. Venture to invest in the future of sustainability and mobility technologies while also supporting Wisconsin’s entrepreneurial ecosystem,” said Andrew Schmitz, Managing Director of the U.S. Venture Sustainability Accelerator. “We’ve seen the incredible economic impact of corporate-backed investment accelerators in other parts of the country, and we’re excited to bring that same impact to Appleton.”
These companies not only receive investment and mentorship from Wisconsin-based gener8tor, but also gain a significant advantage by developing a close relationship with one of the largest privately-held corporations in Wisconsin, Appleton-based U.S. Venture.
“U.S. Venture is proud to collaborate with these startups and help them grow through this accelerator. We feel this unique opportunity has the potential to make a significant impact on the future of sustainability and mobility and also Wisconsin’s startup ecosystem,” said Chuck Dauk, U.S. Venture’s Chief Innovation and Transformation Officer.
At the end of the accelerator, startup founders will pitch their companies to investors, community partners and the public at a Showcase event at 5 p.m. on June 13 in Appleton.