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5 most popular innovation stories in Houston this week

Catch up on trending innovation news, like Houston innovators to know, a splashy new app comes to town, a Q&A with a local innovation leader, and more. Photo courtesy of Nuro

Editor's note:Another week has come and gone, and it's time to round up the top headlines from the past few days. Trending Houston tech and startup news on InnovationMap included innovators to know, a new autonomous delivery pilot, an European app makes a splash locally, and more.

Autonomous delivery company joins forces with FedEx for new pilot in Houston

FedEx and Nuro are bringing last-mile delivery to Houstonians. Photo courtesy of Nuro

A tech company with self-driving robots deployed across Houston delivering pizza, groceries, and more has yet again launched a new pilot program — this time focused on parcel delivery.

Nuro and FedEx announced a new partnership to deploy Nuro's technology for last-mile delivery at a large scale with FedEx.

"FedEx was built on innovation, and it continues to be an integral part of our culture and business strategy," says Rebecca Yeung, vice president of advanced technology and innovation at FedEx, in a news release. "We are excited to collaborate with an industry leader like Nuro as we continue to explore the use of autonomous technologies within our operations." Click here to read more.

3 Houston innovators to know this week

This week's roundup of Houston innovators includes Juliana Garaizar of Greentown Houston, Misha Govshteyn of MacroFab, and Kerri Smith of the Rice Alliance. Courtesy photos

In this week's roundup of Houston innovators to know, I'm introducing you to two local innovators, as well as one honorary Houstonian, across industries — energy, manufacturing, and more — recently making headlines in Houston innovation. Click here to read more.

Splashy European pool-sharing app dives into Houston just in time for summer

Houston pools like this are available to rent through Swimmy. Photo courtesy of Swimmy

Scorching temps. Baking cars. ERCOT begging locals to set their thermostats to 78 (say what?). Why, it's almost like it's summer in Houston or something.

After a long sweat, nothing cools off like a long swim in a sparkling pool. To that end, a European pool-sharing service is diving into Houston, allow H-Towners to visit safe, secure spaces that come certified and ready to make a splash.

Dubbed Swimmy, the app (available for download on Apple and Android) connects swimmers and sunbathers with pool rentals in their area. Booking sessions range by pool between $25-$35 per person per half day, per a release. Click here to read more.

Greentown Houston names local leader as climate tech enters 'perfect storm' for the energy transition

Juliana Garaizar is transitioning her role at Greentown Houston. Courtesy photo

When Greentown Labs opened its doors in Houston on Earth Day this year, Launch Director Juliana Garaizar had worked diligently with the Greentown team in Boston and Houston to make that day possible. Now, she's preparing for her next role within the organization.

Garaizar — who has worked in Houston over the past several years at organizations like the Houston Angel Network, TMC Innovation, Portfolia, and more — is transitioning into her new role as head of Greentown Houston and vice president of innovation for Greentown Labs. Click here to read more.

Houston researchers snag government funds for net-zero emissions projects

Both Rice University and the University of Houston were selected by the Department of Energy to receive funds for ongoing research projects. Photo via Getty Images

Rice University and the University of Houston were two of four national institutions to receive sizable grants from the Department of Energy last month to go toward the research and development of projects that will improve CO2 storage to help move the country toward the goal of net-zero emissions by 2050.

Each of the four projects works to advance long-term, commercial-scale geologic sequestration of CO2. According to a release from the DOE, the process of carbon capture and storage (known as CSS) separates and captures CO2 from the emissions of industrial processes before it is released into the atmosphere. Once captured, the CO2 is then injected into deep underground geologic formations, known as caprock. Click here to read more.

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Building Houston

 
 

Kelly Avant, investment associate at Houston-based Mercury Fund, shares how and why she made her way into the venture capital arena. Photo courtesy of Mercury

Kelly Avant didn't exactly pave a linear career path for herself. After majoring in gender studies, volunteering in the Peace Corps, and even attending law school — she identified a way to make a bigger impact: venture capital.

"VC is an awesome way to shape the future in a more positive way because you literally get to wire money to the most innovative thinkers, who are building solutions to the world’s problems," Avant tells InnovationMap.

Avant joined the Mercury Fund team last year as an MBA associate before joining full time as investment associate. Now, after completing her MBA from Rice University this month, Avant tells InnovationMap why she's excited about this new career in investment in a Q&A.

InnovationMap: From law school and the peace corps, what drew you to start a career in the VC world?

Kelly Avant: I graduated from Rice University with an MBA, starting scouting for an investment firm in my first year, and by the summer after my first year I was essentially working full-time interning with Mercury. But, I like to tell people about my undergraduate degree in gender studies and rhetoric from a little ski college in Colorado. If you meet someone else in venture capital with a degree in gender studies, please connect us, but I think I might be the only one. I’ll spare you what I used to think — and say — about business students, but I have really come full circle.

I always thought I would work in a nonprofit space, but after serving in Cambodia with the Peace Corps, working for the National Domestic Violence Hotline, and briefly attending Emory Law School with the intention of becoming a civil rights lawyer.I found that time and time again the root of the problem was a lack of resources. The world’s problems were not going to be solved with my idealism alone.

The problem with operating as a nonprofit in a capitalism is you basically always pandering to the interests of the donors. The NFL was a key sponsor of The National Domestic Violence Hotline. The United States has a complicated, to put it lightly, relationship with Cambodia and Vietnam. It became pretty clear that the donor/nonprofit relationship was oftentimes putting the wrong party in the driver’s seat. I was, and still am, very interested in alternative financing for nonprofits. I became convinced that the most exciting businesses were building solutions to the world’s problems while also turning a profit, which allows them to survive to have a sustainable positive impact.

VC is an awesome way to shape the future in a more positive way because you literally get to wire money to the most innovative thinkers, who are building solutions to the world’s problems.

IM: What are some companies you’re excited about?

KA: There are a couple super interesting founders I’ve met directly engaging with . To name a few: CiviTech, DonateStock, and Polco.

I’m very proud to work on mercury investments like Houston’s own, Topl, which has built an extremely lightweight and energy efficient Blockchain that enables tracking of ethical supply chains from the initial interaction.
I’m also excited about mercury’s investment in Zirtue, which enables relationship based peer to peer lending to solve the massive problem of predatory payday loans.

We have so many awesome founders in our portfolio. The best part about working in VC is meeting passionate innovators every day. I get excited to go to work everyday and help them to build better solutions.

IM: Why are you so passionate about bringing diversity and inclusion into Mercury?

KA: I love working with exciting, highly capable, super smart people. That category includes so many people who have been historically excluded. As an investment team member at Mercury, I do have a voice, and I have an obligation to use that voice to speak highly of the best people in rooms of influence.

IM: With your new role, what are you most focused on?

KA: In my new role, I am identifying and researching high potential investments. We’re building out a Mercury educational series to lift the veil of VC. We want to facilitate a series that gives all founders the basic skills to pass VC due diligence and have the opportunity to build the next innovative companies. My goal is ultimately to produce the best returns possible for our investors, and we can’t accomplish that goal unless we’re building out resources to meet the best founders and help them grow.

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This conversation has been edited for brevity and clarity.

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