now accelerating
Houston cleantech incubator adds 3 startups in its latest cohort
Three climatetech companies will be joining Halliburton Labs, a Houston-based energy transition incubator.
Chemergy, EVA, and Novamera will be joining Halliburton Labs, the company announced last week. The three startups will receive technical support, access to Halliburton's global connections, and more from the program.
“We are excited to help accelerate three innovative companies that emerged from our recent Finalists Pitch Day,” says Dale Winger, managing director of Halliburton Labs, in a news release. “We will work closely with these founders and their teams to achieve strategic, operational, and financial milestones with the most efficient use of their time and capital."
Halliburton Labs launched in the summer of 2020, and now has over a dozen companies working on climatetech solutions in its portfolio. Applications are now open for the next cohort on the Halliburton Labs website and are due by April 22, for the May 20 Finalists Pitch Day.
"In less than two years, we've established productive new relationships with fifteen companies scaling solutions across a breadth of markets to expand our understanding of new value chains,” Winger continues.
Here's a little more about the three new additions to the program.
Chemergy
Miami-based Chemergy has created a patented HyBrTec process is designed to convert wet organic and plastic wastes into green hydrogen, thereby eliminating the liability and consequences of the wastes by converting them into fuel.
“We see a great opportunity to collaborate with Halliburton Labs' industrial experience to ensure our systems can be installed and operated safely in communities to solve waste disposal issues, improve resiliency and sustainability, and produce cleaner fuel locally,” says Melahn Parker, president of Chemergy.
EVA
EVA, a New York headquartered company with a presence on four continents, is increasing scalability for the drone industry with its ground infrastructure and operating system solutions that help customers perform inspections, make deliveries, recharge, and monitor remote operations without local manpower.
“The Halliburton Labs ‘scalerator' model comes at the right time for EVA as we accelerate commercialization," says Olivier Le Lann, founder and CEO. "We're excited about the ways Halliburton's global market and industrial expertise will accelerate our trajectory."
Novamera
Canadian company Novamera has developed proprietary navigation tools and software that enables climate smart, surgical mining and unlocks value in certain mineral deposits found worldwide that are otherwise uneconomic due to their small scale and geometry.
“We are pleased to join Halliburton Labs' accelerator program," says Novamera Co-founder and CEO Dustin Angelo in a news release. "Their engineering expertise and business experience will help us accelerate the development of our technology and scale our business to bring a more sustainable method of mining to the world.”
The Baylor campus is next to Texas Medical Center’s Helix Park, a 37-acre project. Rendering courtesy of BCM
The Cullen Foundation donated $30 million to the project. Rendering courtesy of BCM