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

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.

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Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.


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