17 ARPA-E Projects Have Pulled In $450 Million In Private Funding

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DOE Secretary Steven Chu, 3/1/11 at ARPA-E Innovation Summit (Photo by  DOE PHOTO/Ken Shipp)

Former DOE Secretary Steven Chu, 3/1/11 at ARPA-E Innovation Summit (Photo by DOE PHOTO/Ken Shipp)

The U.S. Energy Department’s Advanced Research Projects Agency-Energy (ARPA-E) this week announced that 17 projects it has helped jump-start have “demonstrated major technical successes and shown significant market engagement” in the past 4 years.

Putting a dollar figure on that, the 17 projects “have attracted over $450 million in private sector follow-on funding” (after their initial $70 million or so from ARPA-E). In addition, 12 ARPA-E projects have gone on to become companies, and over 10 have received funding from other government agencies for later stages of their development.

From clean transport to wind power to grid storage, the ARPA-E winners are looking to advance key technologies of various cleantech sectors. Here are a few lists of the projects, recently put together by the DOE:

Selected ARPA-E projects demonstrating market engagement as of February 26, 2013

Private Sector Investment

New Company Formation

Government Partnerships

ARPA-E’s 4th annual Energy Innovation Summit was this week, hence the summary of what has been accomplished to date.

Zachary Shahan (2363 Posts)

I'm the director of CleanTechnica, the most popular clean energy website in the world, and Planetsave, a leading green and science news site. I've been covering green news of various sorts since 2008, and I've been especially focused on solar energy, electric vehicles, bicycling, and wind energy for the past few years. You can also find my work on Scientific American, Reuters, Think Progress, GE's ecomagination site, several sites in the Important Media network, & many other places. To connect on some of your favorite social networks, go to zacharyshahan.com or click on some of the links below.