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Exclusive: Plug and Play announces 15 energy tech companies for inaugural Houston cohort

Plug and Play Technology Center has named its first 15 startups in its Houston Energy and Sustainability cohort. Getty Images

A Silicon Valley accelerator program has announced the companies that will participate in its first Houston cohort just as the program begins to foster energy tech innovation in town.

Plug and Play Technology Center, which announced its entry into the Houston market this summer, named the 15 companies that will complete the program. While there are only two Houston-based companies in the mix this time around, all 15 companies will be operating locally with Houston corporate partners and startup development organizations.

"By being a part of this Plug and Play cohort, our corporate partners have validated that there is an interest in these startups' technology solutions," says Payal Patel, director of corporate partnerships for Plug and Play in Houston. "This will encourage these non-Houston based startups to spend more time in Houston, likely (and hopefully) leading to them doing business with our corporations, raising money from local investors, hiring local talent, and setting up an office in Houston."

Patel says the selection process was similar to the due diligence done in investor research, since Plug and Play treats its startups like a portfolio of sorts. Plug and Play hosted a pitch night in September as a way to introduce the cohort finalists to the ecosystem before making the final selection.

"We used the technology focus areas of our corporate partners to source 100 startups with commercial viability in Houston," Patel says. "Through consultation with our partners and voting at our Selection Day event in September, we ultimately narrowed the group to 15 startups we believe we can provide value to over the next few months."

The startups are off to Plug and Play's headquarters in California for a Focus Week, Patel says, then will return to Houston for various corporat events, converences, and more as part of the program.

Here are the 15 companies that will participate in the energy and sustainability accelerator from Plug and Play Tech Center.

Alchera Inc.

Founded: 2016
Money raised: $6 million
Employees: 45 full time, 60 part time
Headquarters: South Korea
About: Alchera's technology uses artificial intelligence image to prevent the loss of lives and money in dangerous situations on site.

Ario Technologies Inc.

Founded: 2016
Money raised: $2.3 million
Employees: 8 full time, 1 part time
Headquarters: Norfolk, Virginia
About: Ario has a augmented reality technology that allows its users to search its data in the real world.

Blacksands Inc.

Founded: 2012
Money raised: $1 million
Employees: 5 full time, 7 part time
Headquarters: Sunnyvale, California
About: Blacksands has a secured connection as a service business model for fast-paced cybersecurity.

BlastPoint

Founded: 2016
Money raised: $1.3 million
Employees: 7 full time, 3 part time
Headquarters: Pittsburgh, Pennsylvania
About: Using internal insights and data, BlastPoint helps make innovative ideas a reality in the workplace.

ForePaas

Founded: 2015
Money raised: $10 million
Employees: 40 full time, 1 part time
Headquarters:
About: The ForePaas platform combines cloud-based technology and data applications to optimize and accelerate industrial internal enterprise data initiatives.

Capella Space

Founded: 2016
Money raised: $50 million
Employees: 50 full time, 0 part time
Headquarters: San Francisco
About: Capella Space is building a large commercial radar satellite constellation to speed up the informed decision making process for industrial workers down on earth.

Cumulus Digital Solutions

Founded: 2018
Money raised: $4.5 million
Employees: 14 full time, 4 part time
Headquarters: Cambridge, Massachusetts
About: Using data collection and cloud-based software, Cumulus is eliminating poor work quality that causes accidents in the field.

Data Gumbo

Founded: 2016
Money raised: $3.2 million
Employees: 19 full time, 4 part time
Headquarters: Houston
About: Data Gumbo has developed a blockchain network for automated contract execution for industrial clients

Latium Technologies

Founded: 2019
Money raised: $1 million (Canadian)
Employees: 8 full time, 0 part time
Headquarters: Edmonton, Canada
About: Latium has developed a better industrial IoT platform for heavy industry.

Indegy

Founded: 2014
Money raised: $18 million
Employees: 53 full-time, 0 part-time
Headquarters: New York
About: Indegy specializes in real-time security for industrial campuses.

Ingu Solutions

Founded: 2014
Money raised: $2.1 million (Canadian)
Employees: 10 full-time, 0 part-time
Headquarters: Calgary, Canada
About: Ingu wants to revolutionize the economics of the pipeline industry with new technology and initiatives.

Cemvita Factory

Founded: 2017
Money raised: None disclosed.
Employees: 8 full time, 10 part time
Headquarters: Houston
About: Cemvita has patented technology that can mimic photosynthesis to lower carbon emissions.

KX

Founded: 1999
Money raised: None disclosed.
Employees: 2,500 full-time and 0 part-time
Headquarters: Northern Ireland
About: KX is a data company that uses its global technology in the finance, retail, pharma, manufacturing, and energy industries.

Ondaka Inc.

Founded: 2017
Money raised: $1.6 million
Employees: 8 full time, 2 part time
Headquarters: Palo Alto, California (has a local office at Station Houston)
About: Ondaka uses an alphabet soup of buzzword technologies — IoT, AI, VR — and allows oil and gas companies to really visualize their infrastructure.

Terrapin

Founded: 2016
Money raised: $3 million
Employees: 10 full time, 5 part time
Headquarters: Edmonton, Canada
About: Terrapin is a designer and developer of industrial heat recovery projects.

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Building Houston

 
 

Impact Hub Houston has signed a new lease for the Downtown Houston Launch Pad, Rice students re-think dorm design, and more local innovation news. Photo courtesy of The Cannon

Houston's innovation ecosystem has been booming with news, and not all make the news. For this roundup of short stories within Houston innovation, a Houston startup incubator has a new home, a local school creates AI-focused program, Astros manager taps into sports tech, and more.

Impact Hub Houston makes downtown partnership

Impact Hub Houston has a new headquarters in downtown. Photo courtesy of Central Houston

Impact Hub Houston, a nonprofit organization that promotes and accelerates sustainability-focused startups, is resident partner at Downtown Launchpad, according to Central Houston and the Downtown Redevelopment Authority.

The organization now has a 10-year lease and a new headquarters for its team and events. Impact Hub joins two accelerator programs — MassChallenge Texas and gener8tor — which both have a global presence and launched in Houston in the past two years.

"We celebrate Central Houston's vision in launching this 'vertical village' and appreciate their ongoing support in including Impact Hub Houston as a part of it," says Grace Rodriguez, CEO and executive director of Impact Hub Houston, in a news release. "It takes a village to raise an entrepreneur, and now we have that village with the infrastructure and community to raise generations of diverse innovators. It's another exciting step towards our goal to build an authentically inclusive and equitable entrepreneurial ecosystem that looks like Houston and works for all in our region."

HCC introduces artificial intelligence program

Data science startup based in Houston focus on neuroscience software nabs $3.78M grant

A local college system is training the future AI workforce. Getty Images

Houston Community College is the first community college in the state to introduce a new program focused on artificial intelligence. The new Associate of Applied Science degree program has been approved by Southern Association of Colleges and Schools Commission on Colleges, according to a press release from HCC, and is available for the fall 2020 semester at HCC Southwest, HCC Northeast and HCC Southeast.

"It is the latest of HCC's ongoing efforts to embrace new technologies and keep a pulse on the ever-changing needs of the industry," HCC Chancellor Cesar Maldonado says in the release. "Offering an innovative program like AI will allow our students to take advantage of all the accelerated job openings in Houston, in Texas and beyond."

The new program exists to fill the rising need for AI professionals. Last year, the job site indeed.com identified machine learning engineers at the top of its annual list of the 25 best jobs, citing a 344 percent increase in job postings from 2015 to 2018 with an annual base salary of $146,000.

"Because of a dire shortage of AI specialists, many companies are offering big salaries," says G. Brown, Ph.D., program coordinator of Networking and Telecommunications at HCC Southwest, in the release. "AI specialists are in high demand by companies like Microsoft, Apple and Amazon, as well as NASA and SpaceX."

Rice project re-envisions dorm layouts

The dorm design created socially-distant spaces that can be used in times of a pandemic. Photo via rice.edu

Two Rice University students received top marks in the 2020 American Institute of Architects Houston (AIAH) Gulf Coast Green Student Competition for their pandemic-proof dorm design. Carrie Li and Mai Okimoto, both 2022 Rice master's of architecture students, won first place in the competition that challenged students to design a dorm for the University of Houston-Downtown that would adhere to the Centers for Disease Control's social distancing guidelines.

"Carrie and Mai's timely and innovative proposal is beautifully conceived, highly resolved and elegantly presented," says interim dean, John J. Casbarian, in a news release. "I am particularly struck by how seamlessly it addresses the pressing issues of flooding, natural ventilation and social distancing, and how well sited it is in relation to UHD while mitigating the adversity of the freeway expansion.The competition consisted of eight teams from Texas and Louisiana which presented to judges from Kirksey, PDR Corporation, Gensler, Walter P Moore and UH-D. Li and Okimoto's project features 432 units across three villages and even factored in the area's flooding challenges.

"[Our design] aims to: allow social interaction to happen on different scales, from the one-on-one connection to larger scale gatherings; provide the users with safe but varied circulation paths, through which natural ventilation also occurs; treat dining as a key socializing program; and address the site's flooding risks and impacts of the I-45 corridor expansion," Li says in the release.

City of Houston passes small business-focused economic relief initiative

A new program from the city of Houston is helping to provide funds for businesses affected by COVID-19. Getty Images

Last week, Mayor Sylvester Turner and the Houston City Council passed the city's Small Business Economic Relief Program, funded with $15 million of the City's allocated CARES Act 2020 funds. Small businesses can apply for up to $50,000 and the grant can be used for payroll, accounts payable, rent, mortgage, PPE for employees, marketing strategies, including creating an online presence and other sales alternatives.

"We know small businesses throughout Houston have suffered greatly due to the global pandemic, and it could take months or years before the business climate returns to normal," says Mayor Sylvester Turner in a news release. "I thank Vice Mayor Pro-Tem Martha Castex Tatum and other council members for bringing this program forward. We are working on other relief packages that will keep us Houston Strong as we navigate the public health crisis."

The program will be administered by Houston's Office of Business Opportunity and the Houston Business Development Inc.

To qualify for the SBERP, businesses must be located in Houston, have been in business for at least one year, provide evidence for revenue decrease due to COVID-19-caused closures, have less than $2 million in gross annual revenue pre-COVID-19, be in good standing with the city, and commit to complete technical assistance.

"The SBERP will help all sizes of small businesses move one step closer toward financial recovery. This program is intended to maximize the long-term, positive impact of these small businesses on our local economy through their contribution to job retention and the continued availability of their services," says Marsha Murray, director for the Office of Business Opportunity, in the release. "If our local small businesses did not qualify for other federal or local programs, or did not receive enough funds to mitigate the impact of the crisis, we encourage them to apply for this program."

Astros manager joins venture capital firm

Not only is Dusty Baker at the helm of the 2017 World Series-winning Astros, but he's also a founding partner of a sports-focused venture capital firm. Getty Images

The Houston Astros manager, Dusty Baker, is a founding partner of a new venture capital firm focused on sports tech and innovation. New York-based Turn2 Equity Partners is a new fund is beginning with a focus on amateur and professional baseball markets.

"For decades, baseball players, managers and executives have lended their credibility to brands as endorsers," Baker says in a press release. "With the establishment of Turn2 Equity, for the first time, faces of the game have the opportunity to own and influence people at all levels."

Co-founded by sports venture capitalists Jarett Sims and Peter Stein, the firm's team also includes Jim Duquette, New York Mets general manager; Bobby Evans, who was formerly with the San Francisco Giants as general manager; and John Haegele, the former CEO of Van Wagner Sports & Entertainment.

GotSpot Inc. wins veterans competition

A Houston startup that's using technology to optimize short-term real estate space took home a prize in a virtual pitch competition. Image via LinkedIn

Houston-based GotSpot Inc. has claimed another pitching competition prize for veteran-owned businesses. Reda Hicks, founder of the Houston startup, received third place and $10,000 at the Ford Fund Virtual Pitch Competition last month. Memphis-based Pure Light Clean Air Services took first place and $15,000 and Raleigh, North Carolina-based Blue Recruit won second place and $10,000.

"The experiences, teamwork and skills learned in service of our country can serve as a solid foundation for these men and women as they build sustainable businesses," says Yisel Cabrera, manager of the Ford Motor Company Fund, in a news release. "We're proud to work with Bunker Labs to assist these inspiring entrepreneurs as they pursue new roads to success."

Calling all energy startups

Upstream startups can submit to a new virtual pitch competition. Photo via atce.org

The Society of Petroleum Engineers is calling for applications from energy startups to compete in a virtual pitch competition. Applications for the ATCE Startup Village, which is a collaboration between SPE and the Rice Alliance for Technology and Entrepreneurship, are live online and due by August 14. The competition will take place Tuesday, October 13.

The competition is free to compete and to apply, and open to early stage upstream technology companies. Each company selected to present will have 5 to 8 minutes to provide a "quick pitch" about their company to a group of venture capitalists, angel investors, and industry leaders. Judging will be based on innovative technology, commercial strategy and business plan, market potential, and management team and advisers.

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