Bill Gross started Idealab in 1996 to create and operate pioneering technology companies. The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market. Many of these companies were among the first to introduce new business ideas to the market. CitySearch, now a part of IAC, established the category of local online community directories. eToys demonstrated the tremendous potential for online consumer retail and became one of the most recognized brands during the early days of e-commerce. Overture Services, which began life as GoTo.com, was the first company to introduce the concept of paid search — the business model that powers the multibillion-dollar online search market. Idealab continues to explore a range of technology frontiers. New models for improving the search experience are at the core of several companies currently growing inside of Idealab. Moving beyond the Internet, we have spawned companies with breakthrough technologies in robotics, renewable energy and automotive design and production among others. Idealab also continues to partner with leading venture capital firms and other strategic investors to provide the resources to maximize the potential of these companies. In addition to capital, Idealab provides a full range of resources to infuse start-ups with the support they need to rapidly introduce innovative products and services. Resources include office space and the accompanying office services, development and technology, product and graphic design, marketing, financial advice, human resources, competitive research, legal, accounting and business development support and services. In addition, Idealab provides advice on strategy, branding and corporate structure.
External link for Idealab
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Pasadena, CA 91103, US
Idealab reposted this
Who is… Michael Bilow? This Jeopardy champion-turned-Head of Data Science tackles all things performance here at tvScientific, and we’re excited to feature him in our first employee spotlight. https://hubs.la/Q02WWm5r0 If you’re ready to make an impact on the future of performance TV, now’s your chance! Michael’s hiring data scientists to join his team 🚀 #DataScience #tvScientist #tvSciLife #EmployeeSpotlight
Idealab reposted this
Check out the latest article and interview from MarketBeat! KEY POINTS - Energy Vault's gravity-based storage solution offers a unique approach to long-duration energy storage, addressing a critical need in the renewable energy sector. - The company is transitioning from a technology-selling model to an “own and operate” model, aiming for greater financial stability through predictable and recurring revenue streams. - Energy Vault's global expansion strategy is focused on key markets, where it has recently announced two major projects and is rapidly growing its team. https://hubs.la/Q02WGcVW0 #EnergyVault #NRGV #Renewables #EnergyStorage
Congratulations to Energy Vault for TIME's the 200 Best Inventions of 2024 for Energy Vault EVx - Using the Power of Gravity. #TimeBestInventions2024
This past week Infineon Technologies held their #OktoberTech fest in Silicon Valley. Bill Gross was part of the line up.
Congratulations Atif Siddiqi and to the team at Branch!
Founder/CEO at Branch • the leading workforce payments platform that delivers faster, more flexible options for people to get paid
Proud to share that Branch has been named one of Inc. Magazine's 2024 #PowerPartners, recognizing B2B companies that offer outstanding products and services to drive business success. We’ve seen firsthand how the power of fast, flexible payments can help companies scale, grow, and recruit and retain more talent. It's an incredible honor be recognized for our dedication in helping companies deliver faster pay—and can’t wait to see where the next year takes us. A huge thank you to all of our customers and partners who have been a part of our success and helped us join this esteemed group! 🚀 We couldn’t do this without you.
Idealab reposted this
I'll be speaking at Art Center College of Design October 23rd about the rights of creators in the new age of AI.. I hope you can join, and look forward to feedback on the event!
Space is limited — save your seat for Creative Tech 2024! Join us for 3 days of dynamic sessions with leaders at the forefront of creativity + technology. ArtCenter's Creative Tech returns for the third year with a robust slate of programming exploring critical questions around the transformative role of AI, the challenges of sustainable design, and new approaches to career building + entrepreneurship. Educators, artists, designers, technologists, students and the general public are all invited. But seats are limited. 📅 10/23—30 📍 Across ArtCenter’s campuses 🔗 RSVP https://bit.ly/3BuJ547 Karen Hofmann | Bill Gross | Jessie Kawata | Vicki von Holzhausen
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Energy Vault and Enervest Announce Agreement for 1.0 GWh Energy Storage Project for the Stoney Creek Battery Energy Storage System in New South Wales, Australia. We are excited to announce the deployment of a 1,000 MWh battery energy storage system (BESS) at the Stoney Creek site in New South Wales. This $350 million+ project is a significant step forward in advancing renewable energy generation and enhancing grid stability in the region. The integration of our B-VAULT™ and Vault-OS Energy Management System allows Energy Vault to continue expanding its presence in the Australian market, supporting our global growth strategy and commitment to sustainable energy storage solutions. The Stoney Creek BESS will play a key role in improving grid resiliency and supporting Australia’s clean energy future. As Australia aims to achieve 82% renewable energy by 2030 and net zero emissions by 2050, Energy Vault is proud to be part of this decarbonization journey, helping the nation meet its ambitious energy goals with clean energy storage solutions. Read more from the official press release: https://lnkd.in/gM8gKfg8 #EnergyVault #BESS #NSW #Australia #EnergyStorage #Sustainability #RenewableEnergy #GridResiliency #CleanEnergy #NetZero2050 #RenewableGoals
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We’re thrilled to announce that the Stanton Battery Energy Storage System (SBESS) has been recognized as the Best Project in the Energy/Industrial category by California Best Projects 2024 and Engineering News-Record! Located in Stanton, California, this 68.8-MW/275.2-MWh system, designed by #EnergyVault in collaboration with Wellhead Electric Company, Inc. and WPOWER, is one of Southern California’s largest energy storage systems. This project, completed in just five months, is a landmark achievement in #CleanEnergy and grid resiliency. Energy Vault's customer-centric approach delivered a bespoke Battery Energy Storage System (BESS) that maximized energy density within a highly space-constrained urban site and met an accelerated project timeline. Energy Vault’s proprietary Energy Management System (EMS) software, VaultOS™, allowed for rapid commissioning, troubleshooting, and timely completion of all grid compliance testing required by the local regulated utility, Southern California Edison. VaultOS™ will continue to coordinate asset operations on behalf of Wellhead Electric and W Power throughout the project’s lifecycle. Despite challenges—including a record-breaking heatwave during July 2023—the project team completed the installation of over 15,540 battery modules and 795 steel H-piles with zero workplace injuries. SBESS reached full operational status by September 2023, proving its capability to support grid stability, even under extreme conditions. We are incredibly proud of the team’s efforts and their dedication to advancing the clean energy transition. Learn more from https://hubs.la/Q02TC88S0 and https://hubs.la/Q02TC88T0 #EnergyStorage #Sustainability #EnergyVault #CaliforniaBestProjects #CleanEnergy #GridResiliency #BatteryPower #EnergyTransition #RenewableEnergyStorage
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The first Carbon Unbound West Coast event will take place in San Francisco next week. Our VP of Business Development, Patricia Loria, MBA and MNR, will lead a campfire session to discuss the critical intersection of Direct Air Capture (DAC) technology and clean energy. You don’t want to miss this! #CarbonUnbound #CDR #Sustainability #CleanTech #GreenEnergy