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Ion names latest partner, Houston startup raises more funding, and more local innovation news

The Ion has announced its latest corporate partner — and more Houston innovation news. Photo courtesy of the Ion

As Houston ramps up for fall, the city's innovation news has followed suit, and there might be some headlines you may have missed.

In this roundup of short stories within Houston startups and tech, Houston investors announce new deals in sports and energy tech, veterans can apply for new grant program, and more.

The Ion announces latest partner

The Ion has named its latest partner. Image courtesy of the Ion

The Ion Houston announced that Switzerland Transocean has joined on as an affiliate partner. The oil and gas company joins other corporate partners — including Chevron, Baker Botts, Microsoft, and more — in providing programming and resources for the Ion community and taking a seat at the Ion’s Roundtable.

Transocean's Houston office is in the Energy Corridor.

Houston-based Codenotary has expanded its series B fundraising round

Codenotary's software enables tools for notarization and verification of the software development life cycle. Photo via Getty Images

A Houston software startup that raised $12.5 million earlier this year has announced additional funding of $6 million. Codenotary, whose technology helps secure software supply chains, closed its series B round in January. The fresh funding brings the company's total investment raised to $24 million — thanks to investors Bluwat and Elaia.leaders and following a series A round that was announced in 2020.

Codenotary, formerly known as vChain, was founded in 2018 by CEO Moshe Bar and CTO Dennis Zimmer. The additional capital, which will go towards scaling up sales in the U.S. and Europe as well as entering the Asian market, was raised as an extension of the series B round.

“Software supply chains are under constant attack and so every enterprise is looking for effective ways to protect their valuable software assets,” says Bar in a news release. “The additional capital will help us expand faster – increasing our ability to roll out additional features and build out our worldwide sales efforts that includes our partner network. Not every startup company is able to do that right now but we’re fortunate to have good growth and the right investors behind us.”

Houston-based energy investor announces latest portfolio company

Here's Energy Transition Ventures' latest investment. Image via Getty Images

Energy Transition Ventures, a Houston-based investment firm, has announced its latest investment. ETV led Rutgers University-spinout RenewCO2's $2 million seed round.The startup has created a "novel catalyst technology to convert carbon from hard-to-abate sectors and transform it into a feedstock for carbon-negative, plastic monomers at a fraction of the cost of plastics derived from fossil sources," per a news release.

Including this latest seed round, the New Jersey-based cleantech company has raised $10 million in grants and investment. RenewCO2 hops to start supplying its eCUT electrolysis systems to customers by 2025.

"Converting CO2 directly into negative carbon products is a game changer for the climate. With low-cost renewable power, combined falling costs and advancements in electrolysis, the RenewCO2 has the opportunity to be world-changing," says Neal Dikeman, co-founder and partner of Energy Transition Ventures. "They are completely rewriting how we make plastic and chemical products and how these industries will handle carbon emissions, regardless of the price of carbon or credits. We are excited about power to chemicals and working to use renewable energy to make CO2 the low-cost chemicals feedstock of the future, not the present pollutant."

Grants open for veterans

Veteran-owned businesses can apply for this grant. ​Photo via Getty Images

National nonprofit Founders First CDC, which exists to empower expansion in diverse founder-led, revenue-generating businesses, has announced that applications are open online for qualified individuals to apply to its 2022 Stephen L. Tadlock Fund – a grant program to support U.S. veteran small business owners. Twenty-five veterans will receive a $1,000 grant.

To be eligible, the company’s founder must be a U.S. military veteran, have an active U.S.-based business, and employ between 2 and 50 employees, per a news release. Applications are open through October 18, and recipients will be announced on Veterans Day, November 11, 2022.

“Given the current state of our economy, small business owners are feeling the brunt of the rising cost of living, inflation and the challenges to provide goods and services for their customers,” says Shaylon Scott, executive director of Founders First, in the news release. “As our founder, Kim Folsom has strong ties to the military through her brother’s service in the U.S. Navy, this particular grant is incredibly special to Founders First, as we’re able to help veteran business owners by investing in their businesses during uncertain economic times. Grants such as these, no matter how large or small of an investment, are a vital and impactful way to help sustain businesses and provide growth opportunities, and we are incredibly proud to support veterans throughout the country during this critical time.”

The judging committee for the Stephen L. Tadlock Grant includes a panel of distinguished veterans, representing multiple branches of service.

Local investment group focuses next fund on sports tech

UCN is focused on sports tech. Image via UCN

The Urban Capital Network — a Houston-based organization focused on democratizing startup investment — has focused its most recent fund on sports tech. The fund, which will raise $500,000 to $1 million, will focus on sports tech businesses, including the first two investments in National Cycling League and Screen Skinz. The National Cycling League is innovating cycling with real and virtual interaction. Screen Skinz has created a new kind of screen protector and has been licensed by several sports entities. UCN investors can be a part of the fund for as little as $5,000.

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Building Houston

 
 

Here's what Houston startups and innovators will be honored at the Houston Innovation Awards Gala on November 9. Graphic via Gow Media

The Houston Innovation Awards Gala is just a few weeks away — and now the city knows who all it will be celebrating on November 9.

Eight judges evaluated over 150 companies and individuals across 11 categories for the 2022 Houston Innovation Awards. The event is a collaboration between InnovationMap and Houston Exponential to showcase the best of technology and innovation in the Bayou City.

This year's judges includedCarolynRodz, founder and CEO of Hello Alice; Wogbe Ofori, founder of Wrx Companies; ScottGale, executive director of Halliburton Labs; AshleyDanna, senior manager of regional economic development of Greater Houston Partnership; KellyMcCormick, professor at the University of Houston; PaulCherukuri, vice president of innovation at Rice University; LawsonGow, CEO of Houston Exponential; and NatalieHarms, editor of InnovationMap.

All 43 of the finalists will be honored at the gala on November 9, and winners will be named in each category. Additionally, the event will honor the 2022 Trailblazer Award recipient, Blair Garrou of Mercury, who was announced earlier this month.

Without further adieu, here are this year's finalists:

BIPOC-Founded Business

The finalists for the BIPOC-Founded Business category, honoring an innovative company founded or co-founded by BIPOC representation, are:

  • Blue People — nearshore software developer of custom technology solutions.
  • Clutch — digital marketer that connects emerging brands to next-gen creators.
  • Steradian Technologies — health tech startup that uses deep-photonics technology to diagnose respiratory diseases in seconds, all for the price of a latte.
  • Tradeblock — peer-to-peer barter exchange for collectibles.
  • Unytag — creator of universal toll tag platform that uses a mobile app and a custom-built RFID tag.

Female-Founded Business

The finalists for the Female-Founded Business category, honoring an innovative company founded or co-founded by a woman, are:

  • Accel Unite, LLC — creator of science-backed self-cleaning fabric.
  • Ampersand — platform that upskills entry-level professionals, leveling the playing field with the skills and confidence they need to transition from school to the workforce.
  • CDR Companies — human resources tech platform that provides in-depth assessments, executive coaching, digital avatar coaching for all employees, leadership development and talent management services.
  • Prana Thoracic — medical device company that's providing early intervention in lung cancer.
  • Sesh Coworking — women and genderqueer inclusive coworking and community.

Hardtech Business

The finalists for the Hardtech Business category, honoring an innovative company developing and commercializing a physical technology across life science, energy, space, and beyond, are:

  • ARIX Technologies — robotics and data analytics software company that helps industrial facilities like petrochemical plants and electric utilities prevent costly shutdowns and environmental disasters due to pipe corrosion.
  • Fluence Analytics — real-time analytics solution that optimizes processes and provides novel insights into material properties that enable customers to increase yields, improve product quality, and reduce costs.
  • Milkify — creator of patent-pending process to freeze-dry breast milk into a powder that is easy to use and transport and lasts for three years on the shelf.
  • Prana Thoracic — medical device company that's providing early intervention in lung cancer.
  • Saranas — medical device company focusing on improving patient outcomes through early detection and monitoring of internal bleeding complications.

B2B Software Business

The finalists for the B2B Software Business category, honoring an innovative company developing and programming a digital solution to impact the business sector, are:

  • Ampersand — platform that upskills entry-level professionals, leveling the playing field with the skills and confidence they need to transition from school to the workforce.
  • Liongard — software company that unlocks the intelligence hidden deep within IT systems to give MSPs an operational advantage that delivers both higher profits and an exceptional customer experience.
  • Pandata Tech — tech company that helps companies and federal organizations figure out what sensors they can trust to make critical decisions in daily operations and unforeseen events.
  • Rivalry Technologies Inc. (sEATz) — platform developer for sports and entertainment venues and has been a proven partner at stadiums and venues across the USA, and expanded the proven mobile ordering technology and best practices to develop the myEATz platform, which supports daily operations at facilities in healthcare, business dining, and leisure industries.
  • Solidatus — data management software solution that empowers organizations to connect and visualize their data relationships, simplifying how they identify, access and understand them.

Green Impact Business

The finalists for the Green Impact Business category, honoring an innovative company providing a solution within renewables, climatetech, clean energy, alternative materials, and beyond, are:

  • Bucha Bio — biobased materials company that combats animal and plastic waste and promotes ethical and natural bacterial and plant-based ingredients in the process.
  • Cemvita Factory — biotech company that uses a sustainable, economical, nature-inspired approach to empower companies with sustainable products and environmental technologies to decrease their carbon footprint, reverse climate change, and create a brighter future for the planet.
  • Encina Development Group — circular chemicals company that provides the basic building blocks for customers to meet their renewable content goals by enabling cyclical production and reproduction of products across a broad spectrum of ubiquitous goods, including consumer products and packaging, pharmaceuticals, construction, and much more.
  • IncentiFind — database for green building incentives that's transforming real estate through $70 billion in incentives.
  • NanoTech — materials science company that's designed a product to fireproof and improve thermal efficiencies.

Smart City Business

The finalists for the Smart City Business category, honoring an innovative company providing a tech solution within transportation, infrastructure, data, and beyond, are:

  • Pandata Tech — tech company that helps companies and federal organizations figure out what sensors they can trust to make critical decisions in daily operations and unforeseen events.
  • Rescunomics — platform that provides innovative solutions global safety pain points.
  • Sensytec — IoT Solutions platform that expedites and enhances concrete construction operations.
  • Sparks Spaces — builder of hospitality-focused electric vehicle charging hubs
  • Unytag — creator of universal toll tag platform that uses a mobile app and a custom-built RFID tag.

New to Hou Business

The New to Hou Business category, honoring an innovative company, accelerator, or investor that has relocated its primary operations to Houston within the past three years, are:

  • Allthenticate — platform that replaces passwords and keys with an easy-to-use smartphone phone app.
  • Bucha Bio — biobased materials company that combats animal and plastic waste and promotes ethical and natural bacterial and plant-based ingredients in the process.
  • Fluence Analytics — real-time analytics solution that optimizes processes and provides novel insights into material properties that enable customers to increase yields, improve product quality, and reduce costs.
  • INGU — pipeline inspection solution to achieve Net Zero and ESG compliance for the water and oil and gas pipeline infrastructure.
  • Venus Aerospace — creator of a hypersonic spaceplane capable of one-hour global travel.

People's Choice: Startup of the Year

The finalists for the People's Choice: Startup of the Year category, selected via an interactive voting portal during of the event, are:

  • Cemvita Factory — biotech company that uses a sustainable, economical, nature-inspired approach to empower companies with sustainable products and environmental technologies to decrease their carbon footprint, reverse climate change, and create a brighter future for the planet.
  • LevelField Financial — financial service platform that serves customers interested in the digital asset class.
  • Milkify — creator of patent-pending process to freeze-dry breast milk into a powder that is easy to use and transport and lasts for three years on the shelf.
  • Rivalry Technologies Inc. (sEATz) — platform developer for sports and entertainment venues and has been a proven partner at stadiums and venues across the USA, and expanded the proven mobile ordering technology and best practices to develop the myEATz platform, which supports daily operations at facilities in healthcare, business dining, and leisure industries.
  • Tradeblock — peer-to-peer barter exchange for collectibles.

DEI Champion

The finalists for the DEI Champion category, honoring an individual who is leading impactful diversity, equity, and inclusion initiatives and progress within Houston and their organization, are:

  • Arianne Dowdell, vice president and chief diversity, equity and inclusion officer at Houston Methodist
  • Juliana Garaizar, head of Houston Incubator at Greentown Labs and lead investor at Portfolia
  • Kara Branch, founder and CEO of Black Girls Do Engineer Corporation
  • Loretta Williams Gurnell, founder of SUPERGirls SHINE Foundation
  • Rob Schapiro, director of the Energy Acceleration Program at Microsoft

Mentor of the Year

The finalists for the Mentor of the Year category, honoring an individual who dedicates their time and expertise to guide and support to budding entrepreneurs, are:

  • Alfredo Arvide, chief innovation officer at Blue People
  • Barbara Burger, board member, mentor, and advisor to several startups
  • Craig Ceccanti, founder and CEO of T-Minus Solutions
  • Emily Reiser, associate director of innovation at the Texas Medical Center
  • Kara Branch, founder and CEO of Black Girls Do Engineer Corp. and developer and manager at Intel Corp.

Investor of the Year 

The finalists for the Investor of the Year category, honoring an individual who is leading venture capital or angel investing, are:

  • Chris Howard, founder of the Softeq Venture Fund, Softeq Venture Studio, and Softeq Development Corp.
  • John (JR) Reale, managing director of Integr8d Capital and venture lead of the Texas Medical Center Venture Fund
  • Juliana Garaizar, head of Houston incubator and vice president of innovation at Greentown Labs and lead investor at Portfolia
  • Samantha Lewis, principal at Mercury
  • Sandy Guitar, managing director of the HX Venture Fund

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