coalescing ingenuity
where entrepreneurs come together to build and think big
Welcome to Idealab Arizona where entrepreneurs, artists, visionaries, engineers, legislators, educators, innovators, and investors are coalescing to solve the world's biggest and most imperative problems: to think big and build at a scale and agility that only Arizona can provide.
The startups, entrepreneurs and businesses of Idealab Arizona
energy health conservation autonomy AI
coalescing
enduring energy storage
Ourea Energy Bill Baker & Adam Semel
Ourea Energy
FOUNDED BY:
Adam Semel
FUNDED VIA:
IdealabAZ
INCUBATION:
IdealabAZ
Gravity powered hydro energy storage in a skyscraper allows the most cost-efficient energy sources like daytime solar to be stored effortlessly until it’s needed at night, driving down energy costs, aligning supply and demand and creating new energy markets while meeting the increasing demands of data centers.
SKIP
PARTNERSHIPS IN COALESCENCE
The powerful brands and resources that are converging with Idealab Arizona to make Arizona where next happens now.
We are a partner and investor in Idealab Studio, founded by prolific entrepreneur Bill Gross, continuing the storied legacy of Idealab.
We are a founding investor of IdealabX the only venture capital fund globally with guaranteed early access on preferential terms to the startups created by Idealab Studio and Idealab Arizona
We have partnered with ASU to incubate ASU-affiliated tech startups to drive technology solutions for a healthier planet and humankind.
We have partnered with SOM to co-create and incubate breakthrough startups —leveraging cutting-edge design, engineering, and sustainability solutions to address global infrastructure and urbanization challenges
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy
THE 114,000 SQUARE MILE LAB
Big ideas need the world's biggest lab. Affordable and accessible real estate, consistent climate year-round for reliable testing, established infrastructure and established - and growing - test markets.
BOUNDLESS TALENT
A constant influx of talent to the state seeking quality of life is augmented by three powerhouse education institutions: ASU alone has over 40,000 stem and engineering students.
A REGULATORY APPETITE FOR INNOVATION
Low taxes, accelerated permitting and organizational support from both public and private sector means that the state legislature has your businesses' back.
IDEALAB STATS
FOUNDED
COMPANIES CREATED
IPOS & ACQUISITIONS
ENTERPRISE VALUE
1996
175
55+
$10B+
The Idealab system has produced, incubated and accelerated over 175 startups resulting in 45 acquisitions and 10 IPOs.
2022 Energy Vault IPO
2026 TV Scientific Acquisition
Energy solutions to accelerate the transition to renewable energy
The most effective performance CTV platform purpose built to deliver outcomes
IPO & ACQUISITION HIGHLIGHTS
TEAM
FOUNDING INVESTORS
FEATURED COALESCENTS
IdeaLab brings the world’s talent to Arizona
Bill Gross IdeaLab
Prolific creator of 175 businesses including Idealab and $4.5B in enterprise value.
Bill Baker Ourea
Chief Engineer behind the world’s tallest buildings inc. The Burj Khalifa in Dubai.
Easton LaChapelle UT
Teen roboticist turned CEO, Forbes 30 Under 30, revolutionized the prosthetics industry.
Jane Chen Author
Author and founder of Embrace that has saved over a million newborns worldwide.
Julian Rios Eden
Forbes México's 30 Under 30, Youngest recipient of the Global Student Entrepreneur Award by, Y Combinator alumnus, Thiel Fellow.
Julian Laval & Ali Imani Center Health
Founders of Center Health and Forbes 30 Under 30
Andrea Pedretti Airlight
Time 100 listed, Scientific advisor to Synhelion from 2016 to 2019. Co-founder of Airlight Energy.
COALESCING EVENTS
Democratizing access across the region
REGISTER & LEARN MORE
COALESCE WITH IDEALAB ARIZONA
Sign up to receive news and updates.
Enter Email
coalescing ingenuity
where entrepreneurs come together to build and think big
Welcome to Idealab Arizona where entrepreneurs, artists, visionaries, engineers, legislators, educators, innovators, and investors are coalescing to solve the world's biggest and most imperative problems: to think big and build at a scale and agility that only Arizona can provide.
energy health conservation autonomy AI
enduring energy storage
Ourea Energy Bill Baker & Adam Semel
Ourea Energy
Gravity powered hydro energy storage in a skyscraper allows the most cost-efficient energy sources like daytime solar to be stored effortlessly until it’s needed at night, driving down energy costs, aligning supply and demand and creating new energy markets while meeting the increasing demands of data centers.
OFFICIAL WEBSITE
SKIP
We are a partner and investor in Idealab Studio, founded by prolific entrepreneur Bill Gross, continuing the storied legacy of Idealab.
We are a founding investor of IdealabX the only venture capital fund globally with guaranteed early access on preferential terms to the startups created by Idealab Studio and Idealab Arizona
We have partnered with ASU to incubate ASU-affiliated tech startups to drive technology solutions for a healthier planet and humankind.
We have partnered with SOM to co-create and incubate breakthrough startups —leveraging cutting-edge design, engineering, and sustainability solutions to address global infrastructure and urbanization challenges
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy
THE 114,000 SQUARE MILE LAB
Big ideas need the world's biggest lab. Affordable and accessible real estate, consistent climate year-round for reliable testing, established infrastructure and established - and growing - test markets.
A REGULATORY APPETITE FOR INNOVATION
Low taxes, accelerated permitting and organizational support from both public and private sector means that the state legislature has your businesses' back.
BOUNDLESS TALENT
A constant influx of talent to the state seeking quality of life is augmented by three powerhouse education institutions: ASU alone has over 40,000 stem and engineering students.
PROVEN & PROLIFIC PROCESSES
The Idealab system has produced, incubated and accelerated over 175 startups resulting in 45 acquisitions and 10 IPOs.
IDEALAB STATS
1996
FOUNDED
175
COMPANIES CREATED
55+
IPOS & ACQUISITIONS
$10B+
ENTERPRISE VALUE
IPO & ACQUISITION HIGHLIGHTS
2022 Energy Vault IPO
Energy solutions to accelerate the transition to renewable energy
2026 TV Scientific Acquisition
The most effective performance CTV platform purpose built to deliver outcomes
TEAM
















FOUNDING INVESTORS
































FEATURED COALESCENTS
IdeaLab brings the world’s talent to Arizona
Bill Gross IdeaLab
Prolific creator of 175 businesses including Idealab and $4.5B in enterprise value.
Bill Baker Ourea
Chief Engineer behind the world’s tallest buildings inc. The Burj Khalifa in Dubai.
Easton LaChapelle UT
Teen roboticist turned CEO, Forbes 30 Under 30, revolutionized the prosthetics industry.
Jane Chen Author
Author and founder of Embrace that has saved over a million newborns worldwide.
Julian Rios Eden
Forbes México's 30 Under 30, Youngest recipient of the Global Student Entrepreneur Award by, Y Combinator alumnus, Thiel Fellow.
Julian Laval & Ali Imani Center Health
Founders of Center Health and Forbes 30 Under 30
Andrea Pedretti Airlight
Time 100 listed, Scientific advisor to Synhelion from 2016 to 2019. Co-founder of Airlight Energy.
COALESCING EVENTS
Democratizing access across the region
REGISTER & LEARN MORE
COALESCE WITH IDEALAB ARIZONA
Sign up to receive news and updates.
Enter Email