New Lab

New Lab is an influential venture platform that focuses on nurturing and propelling the development of startups engaged in critical technological sectors. Initially established in Brooklyn's Navy Yard, it has strategically expanded its presence to include locations like Detroit, Montevideo, New Orleans, and Riyadh, each equipped to support specific industrial focuses such as mobility, energy technologies, and critical mineral technologies. New Lab's mission is to facilitate innovation by providing not only infrastructure and community support but also critical business opportunities and partnerships with key industry and government bodies. This is achieved through its comprehensive ecosystem designed to address and overcome typical startup challenges like inadequate infrastructure, lack of extraordinary projects, and minimal access to capital. The platform is distinct in its ability to create an environment conducive to groundbreaking technological advancement, enabling founders and technologists to achieve commercial viability and drive impactful change in their respective fields. New Lab's offerings include access to technical labs, pilot sites, and workspaces, bolstered by a network of advisors and investors, which are pivotal in nurturing startups within technology-driven industries. The success of New Lab is evident in the impressive growth metrics of its member startups, which collectively boast over $14.5 billion in valuation growth, $4 billion in venture capital raised, and $3 billion in exits since 2017. It facilitates pilot projects and partnerships that allow startups to test, iterate, and bring their technologies to market, accelerating the adoption of cutting-edge solutions that redefine industries and drive economic growth. By bridging the gap between startups and market opportunities, New Lab fosters a dynamic and inclusive community where diverse ideas coalesce to create novel products and services. In this way, New Lab plays an essential role in the global technology landscape, advocating for and enabling the technological reindustrialization necessary to meet modern industrial demands and global challenges.