Short stories

Halliburton company raises $10M, gBETA opens apps, Houston coworking space expands, and more innovation news

SheSpace announces its expansion — and more Houston innovation news you may have missed. Photo courtesy of SheSpace

It's been a busy summer for the Houston innovation ecosystem, and for this reason, local startup and tech news may have fallen through some of the cracks.

In this roundup of short stories within Houston innovation, a Halliburton Labs member company raises a series A, SheSpace is growing, gBETA is looking for its next cohort, and more.

Halliburton company raises $10 million

Halliburton Labs opens next round of applications

A Halliburton Labs company has raised fresh funding. Photo courtesy of Halliburton

Enexor Energy, one of Houston-based Halliburton Labs' participant companies, secured a $10 million investment from BorgWarner. The energy transition startup provides on-site, renewable energy, and carbon conversion solutions to help solve the world's organic waste and plastic waste problems.

"At Enexor, we all share a mutual passion for technological innovation and leaving a lasting legacy that betters humanity for generations long after we are gone," says Lee Jestings, founder and CEO of Enexor BioEnergy, in a news release. "We are thrilled to have a company like BorgWarner, that shares the same passion and is driven by a similar mission, invest so heavily in our company. I imagine this partnership will be fruitful for both of our companies and, more importantly, the world."

Enexor joined Halliburton Labs in February.

SheSpace announces expansion

For women by women: New coworking space to open in Houston

SheSpace is expanding its coworking spot. Image via shespacehtx.com

SheSpace is adding 1,500 square feet for a total of 7,500 square feet in the same spot it opened in November of last year (2799 Katy Freeway). The expansion will add supplementary event areas and 13 single and duo offices to its existing facilities, which includes 12 private offices, two event spaces, conference rooms, a fitness space, and a podcast studio.

"When our members succeed, we succeed," says founder Stephanie Tsuru, in a news release. "SheSpace grows because our members are growing and expanding in their respective businesses, and our expansion is a win for not only our members but all females."

According to the release, SheSpace's current facilities are at 100 percent capacity.

gBETA opens latest cohort applications

Early-stage startup accelerator names latest Houston cohort

Apps are open for gBETA. Photo courtesy of gBETA

Applications are open for gBETA's latest cohort. The early-stage program, which is a part of the nationally ranked startup accelerator gener8tor, is a free, seven-week accelerator for companies with local roots. Each program is capped at five teams, and requires no fees and no equity.

The deadline to apply is September 17, and the program will run from October 18 to December 17. Here is a direct link to view the application and apply.

Houston company joins Austin-based accelerator

Lodgeur

Lodgeur was accepted into Sputnik ATX. Photo courtesy of Lodguer

Houston-based Lodgeur has been selected for Austin-based accelerator Sputnik's summer 2021 cohort. Only five companies comprise the cohort — paired down from over 750 applications.

Lodgeur, co-founded by Brooke Bornick and Sebastien Long, allows apartment owners a chance to maximize rental income by providing turnkey flexible living service. Earlier this year, the company was named a MassChallenge - Houston finalist, as well as a semi-finalist in the Venture Houston 2021 Pitch Competition.

The five companies will go through three months of training and $100,000 in seed funding.

"What sets our program apart is the amount and caliber of mentoring our companies receive," says Dr. Oksana Malysheva, CEO and managing partner of Sputnik ATX, in a news release. "Sputnik ATX invests in the future; putting financial resources to work, training and advising founders who are skating to where the puck will be and helping them reach their full potential. Our newest cohort will change the food we eat, modernize how we find a place to live, expand a new type of lodging, help returning citizens maintain access to critical health care, and provide everyone the opportunity to be their best emotional and physical self."

SBA doles out $130 million in grants

money Houston ranks No. 3 on list of cities with the most people in financial distress amid COVID-19

SBA is doling out millions to hard-hit businesses. Photo via Getty Images

Earlier this month, the U.S. Small Business Administration awarded over $7.5 billion in Shuttered Venue Operators Grants (SVOG) to more than 10,000 small businesses, nonprofits, and venues. In Houston alone, over 120 businesses received more than $130 million in grant funding.

"Houston is one of only a few U.S. cities with permanent professional opera, ballet, music, and theater organizations— all considered world-class— as well as many highly rated museums, cinemas and entertainment venues," says district director, Tim Jeffcoat. "Through SBA's SVOG program, we have supplied important lifeline funding to organizations from all of these performing arts categories to rapidly restore operations and bring top-level entertainment back to Houston."

Trending News

Building Houston

 
 

Optellum and Liongard have hired two new members to their executive teams. Photos courtesy

A couple of Houston tech startups have recently announced new appointments to their C-suites. A med tech company with its national headquarters in Houston has a new leader, and a Houston software has a new exec focused on strategy.

Optellum names new CEO

Jason Pesterfield will lead United States operations for Optellum. Photo courtesy of Optellum

Optellum, a medical software startup based in the United Kingdom and has its United States HQ in Houston, has appointed Jason Pesterfield as CEO to lead growth in the U.S. clinical market. Optellum AI-based software enhances early lung cancer diagnosis and therapy with its medical device software platform, Virtual Nodule Clinic.

Pesterfield was previously the president and CEO of Veran Medical Technologies, a leader in image-guided lung cancer diagnosis. He brings 25 years of leadership experience in the medtech sector. Optellum was founded by Václav Potěšil, Lyndsey Pickup, Timor Kadir, Professor Sir Mike Brady, and Jérôme Declerck.

"It took us almost a year to find the right successor who shares our vision and has the right expertise to take Optellum on to the next stage of growth," says Potěšil in a news release. "I am really excited to work with Jason, to make Optellum's platform available to every clinician in the USA and around the world, and to help them diagnose their lung cancer patients as early as possible. With Jason on board, I can focus on advancing Optellum's vision to transform early lung cancer therapy through partnerships that harness the power of AI software combined with molecular diagnostics, robotics and interventional devices, and drugs."

Liongard announces chief strategy officer

Patrick Schneidau is the chief strategy officer for Liongard. Photo courtesy

​Houston software-as-a-service company, Liongard, has named Patrick Schneidau as chief strategy officer. The company, founded in 2015, was a 2021 InnovationMap Awards finalist and reported that the team was looking to expand by around 70 new hires over the next year.

"Liongard is an incredible Houston growth story," Schneidau tells InnovationMap. "Our founders, Joe Alapat and Vincent Tran, have built a first-class team that allow technology service providers to operate at 10x by providing unprecedented insight and data into the systems deployed in the modern IT stack. In a rapidly growing market, they are quickly becoming 'must have' technology. I'm excited to join to team to accelerate their growth into new markets and with new products."

Schneidau spent over a decade at Houston-based PROS before serving in C-level positions at two other Houston startups — Commtrex and Truss. He's also previously served as talent committee chair for Houston Exponential.

Trending News