Houston innovators podcast episode 6

Innovation leader wants Houston's diverse population to have the same access to entrepreneurial success

Grace Rodriguez, CEO and executive director of Impact Hub Houston, wants to set up the city's innovation ecosystem for success. Courtesy of Grace Rodriguez

It's not enough to Grace Rodriguez that Houston's been recognized as the most diverse city in the nation. She wants Houston's innovation ecosystem to have inclusion and opportunities for all.

One of the originals founders of Station Houston, Rodriguez saw that, while Station and others at the time were making huge moves for helping entrepreneurs, there were some that weren't having the same experience.

"Houston is so diverse, and there are so many entrepreneurs that weren't getting access to the same resources," she says on this week's episode of the Houston Innovators Podcast.

Rodriguez founded Houston's chapter of Impact Hub, a global organization that helps to accelerate nonprofits and startups working to advance the United Nations' sustainable development goals, last year. The organization now works with other entities, like The Cannon Houston, to provide useful and inclusive programming for the entirety of the city's innovation world.

Recently, organization hosted Houston's first Climathon — a hackathon for climate change solutions — and is currently working on programming for the city's upcoming The Houston Innovation Summit, or THIS. The week-long event takes place November 18 to November 24 and engages and activates organizations across the city — such as Bunker Labs, The Cannon, Houston Exponential, and more.

With the growth of startup development organizations and new accelerator programs entering the market, Rodriguez wants now for each organization to come together — like they will be doing for THIS.

"Now I think the conversation needs to be, 'How can all of us play well together?'" Rodriguez says.

On the podcast, Rodriguez discusses her career, the impact of Impact Hub, and more details about THIS. Check it out below and subscribe wherever you get your podcasts.


Trending News

Building Houston

 
 

Data Gumbo, founded and led by Andrew Bruce, has announced its latest funding. Photo courtesy of Data Gumbo

A Houston-based tech company has announced another round of funding to support its blockchain network growth as well as to establish a presence in the Middle East.

Data Gumbo has closed its series B funding round totaling $7.7 million with follow-on investments led by Equinor Ventures. The round includes participation from Saudi Aramco Energy Ventures and Bay Area and Houston-based venture firm L37. The round's first close was announced in September 2020 at $4 million. The additional funds to close the Series B will be used to scale Data Gumbo to serve demand for GumboNet™ and GumboNet™ ESG. Additionally, Data Gumbo plans to establish a presence in the Middle East to cover expected demand growth in the region.

"The successful close of our series B is continued proof of the efficacy and booming interest in our ability to capture critical cost savings, deliver trust and provide transparency across commercial relationships," says Andrew Bruce, founder and CEO of Data Gumbo, in a news release. "Compounded by the growing demand for transparent, accurate sustainability data and the launch of our automated ESG measurement solution, GumboNet™ ESG, Data Gumbo's trajectory is well-positioned to serve our growing customer base by ensuring economic productivity and value. This infusion of capital will support our expansion efforts as we bring more international users to our network."

With this latest raise, Data Gumbo's total funding raised to date is $18.4 million.

"Data Gumbo's success is marked by a wide variety of business use cases and opportunities for expansion," says Bruce Niven, chief investment officer at Aramco Ventures, in the release. "Our continued investment is a testament to our continued support as the company attracts new customers, experiences further demand for its network and gains traction in new markets."

The company's technology features smart contract automation and execution, which reduces contract leakage, frees up working capital, enables real-time cash and financial management, and delivers provenance with unprecedented speed, accuracy, visibility and transparency, per the release.

"Data Gumbo is the market leader for smart contracts backed by blockchain, and the coming year will be a period of exponential growth for the company as they penetrate new industrial markets," says Kemal Farid, partner at L37, in the release. "We believe strongly that GumboNet will become the de facto network for smart contracts across industries for capturing value and solving enormous pain points in contractual relations. Additionally, as companies move to meet increasing sustainability measurement demands and ESG improvements, there is a huge growth path available for Data Gumbo with the launch of GumboNet ESG."

Earlier this year, the company announced its environmental, social and corporate governance tracking and reporting tool.

"Equinor's recent pilot at the Johan Sverdrup field has demonstrated that GumboNet can create strong value for the partnership," says Gareth Burns, head of Equinor Ventures, in the release. "Our follow-on investment confirms Equinor Ventures' confidence in Data Gumbo's solution for our company and the broader energy industry."

Trending News