LA Venture: FullCycle’s Kyle Adkins On Addressing the Climate Crisis Piece-by-Piece

Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.
FullCycle Climate Partners' Kyle Adkins

As climate change forces industries to radically shift their approach, FullCycle Climate Partners’ Kyle Adkins is eagerly investing in the tech that can address the crisis.

On this episode of L.A. Venture, Adkins talks about the climate tech landscape and FullCycle’s innovative model, which focuses not only on investing in a given company, but also the projects it has in development -- including building large physical plants and infrastructure to support it.

"Because our model is not something that is widely seen in the market today, [our portfolio companies] might be looking to raise [up to] $40 million. But the vast majority of that is actually to fund that first commercial facility " said Adkins.

FullCycle’s investment into both the platform and the infrastructure enables the startups that they are funding to attract customers because often customers don’t want to take the risk of partnering until they can see the promised large-scale manufacturing in operation.

"It’s caught in this ‘chicken or egg’ dynamic where you can't build the facility unless you know that the commercial demand is there. But then you can't get the commercial demand if you don't have the facility," said Adkins.

One of FullCycle’s recent deals was with fashion industry disruptor, Evrnu. The company takes textile waste, breaks it down and regenerates it into new fibers and pulp for new textiles. Its clean process has attracted collaborations with companies including Levi's, Target and Adidas.

Adkins says he likes to invest in companies like this because the fashion industry is a significant contributor of carbon emissions.

Instead of attempting to address global warming’s likely impact over the long term, Adkins said the investment firm focuses on the coming 20 years.

"If you can tackle those short lived climate plans, you're going to get a higher return on investment in a shorter timeframe in terms of your climate impact," said Adkins.

dot.LA Engagement Intern Joshua Letona contributed to this post.

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Genies Wants To Help Creators Build ‘Avatar Ecosystems’

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Genies Wants To Help Creators Build ‘Avatar Ecosystems’

When avatar startup Genies raised $150 million in April, the company released an unusual message to the public: “Farewell.”

The Marina del Rey-based unicorn, which makes cartoon-like avatars for celebrities and aims to “build an avatar for every single person on Earth,” didn’t go under. Rather, Genies announced it would stay quiet for a while to focus on building avatar-creation products.

Genies representatives told dot.LA that the firm is now seeking more creators to try its creation tools for 3D avatars, digital fashion items and virtual experiences. On Thursday, the startup launched a three-week program called DIY Collective, which will mentor and financially support up-and-coming creatives.

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Here's What To Expect At LA Tech Week

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Here's What To Expect At LA Tech Week

LA Tech Week—a weeklong showcase of the region’s growing startup ecosystem—is coming this August.

The seven-day series of events, from Aug. 15 through Aug. 21, is a chance for the Los Angeles startup community to network, share insights and pitch themselves to investors. It comes a year after hundreds of people gathered for a similar event that allowed the L.A. tech community—often in the shadow of Silicon Valley—to flex its muscles.

From fireside chats with prominent founders to a panel on aerospace, here are some highlights from the roughly 30 events happening during LA Tech Week, including one hosted by dot.LA.

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LA Tech ‘Moves’: Disney+ Taps Disney Streaming Exec

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Disney+ Taps Disney Streaming Exec
Photo by James Opas | Modified by Joshua Letona

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis ( Please send job changes and personnel moves to

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