New Lab, LLC

New Lab, LLC is a venture platform focused on critical technology, offering innovative support and resources to startups in various sectors, including energy, mobility, and mining, to facilitate their development and commercialization efforts. Founded in 2016 in Brooklyn, US, New Lab, LLC specializes in transforming innovative ideas into market-ready solutions. The company was established by founders Amanda Grogan, Cynthia Lee, David Belt, Karina Zysman, Max Yergan, and Michael Furry, with Cameron Lawrence serving as CEO. New Lab operates independently, without reported subsidiaries or parent companies.

Newlab operates as a venture platform specializing in critical technology, providing a comprehensive suite of services designed to support startups aiming to bring innovative solutions to market. The company offers technical labs, workshops, pilot sites, and workspaces that facilitate the development of breakthrough technologies across various sectors, including energy, mobility, and mining. Its operational model is centered on forging partnerships with industry and government entities, enabling collaborative projects that drive commercialization. Newlab strategically serves geographies undergoing rapid industrialization, such as the LatAm region and Louisiana, focusing on sectors that require advanced technological solutions to meet emerging challenges.

The end users of Newlab’s services consist of a diverse array of startups, investors, and industries looking to scale critical technologies and enhance their competitive edge in the market. Newlab generates revenue through a combination of partnerships, collaborations, and project-based funding arrangements. The company frequently engages with startups and industry partners to develop commercial projects, which may include grant funding and strategic alliances aimed at regional reindustrialization. Revenue streams are derived from service fees associated with technical labs and pilot projects, as well as potential equity stakes in startups benefiting from its infrastructure and expertise.

Newlab has achieved significant milestones, including raising USD 4 bn in venture capital and facilitating over USD 3 bn in exits since 2017, indicating a robust operational framework that supports its revenue generation strategies.