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Matt Petersen, President & CEO at Los Angeles Cleantech Incubator

Matt Petersen

President & CEO @ Los Angeles Cleantech Incubator

Los Angeles, United States

Matt Petersen is a funding round investor at Los Angeles Cleantech Incubator in Los Angeles focused on Solar and Energy. In June, 2017, Matt Petersen became President and CEO of the Los Angeles CleanTech Incubator (LACI) where he leads the organization and focuses his work on helping innovative green businesses grow into thriving companies that can create the jobs of the 21st Century clean energy economy.From August, 2013 to June, 2017, Petersen served as LA’sfirst ever Chief Sustainability Officer to develop environmental initiatives across all city departments to create healthier neighborhoods with cleaner air and water, and to play a key role in achieving Mayor Garcetti's goal of creating 20,000 new green jobs in L.A. and reducing energy use and related costs in city government.

Total investments:
1
Last investment:
Lead investor:
100%

Last updated:

Industries Matt Petersen invests in

SolarEnergyBatteryPower GridClean Energy

Stages Matt Petersen invests in

Funding Round

Countries Matt Petersen invests in

United States

Contacts

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Personal email
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Investment Focus

Industry

  • Solar 1 (100%)
  • Energy 1 (100%)
  • Battery 1 (100%)
  • Power Grid 1 (100%)
  • Clean Energy 1 (100%)
See all 10 industries →

Investments

CompanyDescriptionRoundLinks
Blip Energy is building a new category of energy storage that is smart, affordable, and flexible to add millions of homes to the smart grid network. A hybrid hardware/software solution for energy management that works in any home without barriers around permitting and installation. Power outages across the U.S. cost $150B annually. On Avg.500K Americans lose power daily without backup solutions and 84% of Americans are concerned. Existing grid vulnerability is exacerbated by energy transition volatility. The U.S. power grid had the most outages in history in the past two years. Households need power security, and utilities need levers on the smart grid to balance loads and prevent blackouts. Blip envisions a future where every household has access to smart IoT energy storage to provide critical backup power. Blip solves the growing need for reliable energy with the lowest cost energy storage on the global battery market. Simultaneously, this adds millions of otherwise inaccessible customers to the smart grid. Blip's business model reflects current resilience needs, cost savings, and a data-driven future, by wrapping our hardware endpoint with data and grid services. Nov 16, 2023
Los Angeles Cleantech Incubator

About Los Angeles Cleantech Incubator

VC Fund · Los Angeles, United States

Los Angeles Cleantech Incubator (LACI), a City of Los Angeles-established nonprofit organization, is creating an inclusive green economy by unlocking innovation through working with startups to accelerate the commercialization of clean technologies, transforming markets through partnerships with policymakers, innovators and market leaders intransportation, energy, and sustainable cities; and enhancing communities through workforce development, pilots and other programs. Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP), LACI is recognized as one of the most innovative business incubators in the world by UBI. In the past seven years, LACI has helped 78 portfolio companies raise $221M in funding, $220M in revenue, create 1,750 jobs, and deliver more than $393M in long term economic value.

Los Angeles Cleantech Incubator Contacts

NameEmailPhoneSocials
Matt Petersen
Matt Petersen President & CEO
Abraham Baca Senior Manager, Impact Fund; Senior Manager, Impact Fund
Alex Mitchell
Alex Mitchell Senior Vice President
Greg Monterrosa
Greg Monterrosa Executive in Residence
Michael Swords
Michael Swords Vice President Government Affairs and International Relations

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FAQ

What does Matt Petersen invest in?

Matt Petersen invests primarily in Solar, Energy and Battery startups, most often at Funding Round stage. Most of the 1 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

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When did Matt Petersen last invest?

The most recent investment recorded for Matt Petersen closed in Nov 2023. Shizune tracks 1 investment in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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