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Idealab Arizona

Venture Studio
Phoenix, Arizona

Industry Focus

Climate TechnologyCarbon Removal / Direct Air CaptureRenewable EnergyEnergy StorageMedical TechnologyArtificial IntelligenceAdvanced ManufacturingBuilt Environment / UrbanTechConcentrated Solar PowerHealthTechTransportation TechnologyProstheticsSustainable Infrastructure

Geographic Focus

ArizonaGreater PhoenixMesaUnited StatesGlobal (via partnerships)

Idealab Arizona is a startup studio focused on the earliest stages of company creation—from idea to establishing product market fit. The studio looks for big problems in the world to solve, particularly in climate, medical, AI, and advanced manufacturing sectors. Idealab Arizona co-founds companies with extraordinary entrepreneurs to turn the most impactful and commercially promising solutions into thriving businesses. The studio is a partner and investor of Idealab Studio (founded by prolific entrepreneur Bill Gross in 1996), which has a storied legacy of creating over 165 companies, generating more than 10,000 jobs, achieving 55+ IPOs and acquisitions, and producing over $10 billion in enterprise value. Idealab Arizona launched in October 2024 in partnership with Arizona State University (ASU), ranked #1 in Innovation by U.S. News & World Report, to incubate ASU-affiliated tech startups and drive technology solutions for a healthier planet and humankind. The studio also partners with Skidmore, Owings & Merrill (SOM) to co-create and incubate breakthrough startups reimagining the built environment.

Founded

2024

Portfolio

10 Companies

Partners

2

Success

3X Higher