Rapid Ventures partnered with Launch NY in October 2024 to establish the ECO Climate Studio, an enhanced iteration of Launch NY's Emerging Cleantech Opportunity (ECO) Incubator. This collaboration aims to accelerate climate-related innovation in Upstate New York by providing comprehensive support to 15-20 companies annually.

The ECO Climate Studio focuses on technology innovation and adoption, working with key stakeholders such as corporations, municipalities, housing and state energy agencies, workforce development organizations, and investors to build an ecosystem that empowers the local economy to thrive in a changing climate environment.