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Exclusive: Rice University's new clean energy accelerator announces inaugural cohort

A new clean energy accelerator has announced its first cohort. Photo via Getty Images

Rice University selected 12 early-stage clean energy startups to help accelerate over the summer — and the new program kicks off later this month.

The Rice Alliance Clean Energy Accelerator, which was announced last September, is a 12-week program will prepare startups to grow their business, connect them with strategic partners and mentors, launch pilots, and fundraise. The inaugural application process attracted companies from 14 states and eight countries.

"We were impressed with the quality, potential and range of clean energy solutions being commercialized by our applicant pool and took great care in assessing their potential as well as our ability to meet their identified needs," says Kerri Smith, the accelerator's interim executive director. "The selection process was very competitive. We had a difficult time paring down the applications but are looking forward to working with our first class of 12."

A screening committee comprised of over 30 entrepreneurs, energy experts, and industry executives selected the 12 companies by evaluating them on their innovation, market strategy, viability, and more.

"With a decade of experience leading the OwlSpark Accelerator, we know that in addition to recruiting startups with technological promise, it's critical we also create a cohesive and collaborative culture," says Smith, who led OwlSpark since 2013. "We ensured we could provide the founders with a quality experience and deliver on individual startup needs."

The program, which will eventually be housed in The Ion, kicks off virtually on June 28 and will end with a demo day in conjunction with the 19th Annual Rice Alliance Energy Tech Venture Forum on Thursday, September 16.

The inaugural cohort of the program includes:

  • Toronto-based 3E Nano, a nanotechnology company that has developed an earth-friendly, high performance solar energy control coating for polymeric substrates.
  • Carbon BioEnergy, which has a mission is to transform carbon dioxide, waste biomass, and renewable electricity into zero-carbon biofuels and chemicals. The company is focused on replacing fuels in the hard-to-decarbonize sectors, like aviation and marine transport.
  • CoFlow Jet Wind Turbines is developing transformative ultra-high efficiency, low energy cost wind turbines to expand wind energy usage and reduce greenhouse gas emission.
  • Houston-based Criterion Energy Partners, an independent exploration and production company, is focused on developing decentralized direct geothermal energy projects to help commercial and industrial consumers by providing clean, reliable, baseload energy using heat from the Earth.
  • Ground State Technologies is developing an edge optimization processor chip to enable energy companies to deploy more intelligent systems. The company is based in Mountain View, California.
  • Hydrodine Catalytics, a Canadian company, has developed a zero emissions cleantech that eliminates the need for fuel gas, enables gas producers to capture Offset Carbon Credits, lowers CAP/OPEX, provides power at remote natural gas well sites, and improves operator safety.
  • Kanin Energy, a turnkey developer and innovative investor of waste heat to power projects, is helping heavy industry monetize waste heat and decarbonize operations. The company is based in Alberta, Canada.
  • Illinois-based NASADYA is building power systems that would take excess energy form the power plants and convert that into profitable co-products, green hydrogen, and oxygen.
  • Power HV, a Canadian company, has built monitoring sensors and bushings to help oil processing plants like refineries and transportation improve safety from methane and fire while reducing electricity grid losses and improving transformer energy efficiency by 30 percent.
  • Californian company Renewell Energy converts idle oil and gas wells into the lowest cost, most flexible, highest GHG abating energy storage devices in the world.
  • SeebeckCell Technologies, based in Arlington, Texas, is helping petroleum and gas industries and emerging markets solve energy waste with an innovative liquid based thermoelectric generator.
  • Mote is developing carbon-negative biomass gasification factories to supply customers with hydrogen.

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Building Houston

 
 

Here's what companies are in the latest cohort for gBETA. Photo courtesy of gBETA

An early-stage accelerator has picked its latest cohort of five Houston companies.

The Fall 2020 cohort of gBETA Houston includes:

  • AllIDoIsCook is founded by Tobi Smith and focused on exposing the world to Africa's cuisine by manufacturing gourmet food products delivered directly to customer doors and available at grocers. Since launching, AllIDoIsCook has built out a manufacturing facility, shipped over 8,000 boxes and generated $1.1 million in revenue all without outside funding.
  • Chasing Watts makes it easy for cyclists to coordinate or find rides with fellow riders in their area with its web-based and native application. The company has over 3,000 users and grew 135 percent from Q2 to Q3 in new ride views.
  • DanceKard, founded by Erica Sinner, is a new dating platform that connects individuals and groups with one another by bringing the date to the forefront of the conversation and making scheduling faster and easier with special promotions featuring local establishments. Since launching in August of 2021, DanceKard has over 170 users on the platform.
  • Dollarito is a digital lending platform that helps the low-income Hispanic population with no credit history or low FICO score access fair credit. Founded by Carmen Roman, Dollarito applies AI into banking, transactional and behavioral data to evaluate the repayment capability more accurately than using FICO scores. The company has1,000 users on their waitlist and plans to beta test with 100 or more customers in early 2022.
  • SeekerPitch, founded by Samantha Hepler, operates with the idea that jobseekers' past job titles and resumes are not always indicative of their true capabilities. Launched last month, SeekerPitch empowers companies to see who jobseekers are as people, and get to know them through comprehensive profiles and virtual speed interviews, and the company already has 215 jobseekers and 20 companies on the platform, with one pilot at University of Houston and three more in the pipeline.

The companies kicked off their cohort in person on October 18, and the program concludes on December 14 with the gBETA Houston Fall 2021 Pitch Night. At this event, each company will present their five-minute pitch to an audience of mentors, investors, and community members.

"The five founding teams selected for our gBETA Houston Fall 2021 cohort are tackling unique problems they have each experienced personally, from finding access to cultural foods, fitness communities and authentic dating experiences to challenges with non-inclusive financing and hiring practices," says Kate Evinger, director of gBETA Houston, in the release. "The grit and passion these individuals bring to their roles as founders will undoubtedly have a tremendous impact in the Houston community and beyond."

The accelerator has supported 15 Houston startups since it launched in Houston in early 2020. The program, which is free and hosted out of the Downtown Launchpad, is under the umbrella of Madison, Wisconsin-based international accelerator, gener8tor.

"Downtown Launchpad is an innovation hub like no other, and I am so proud of what it is already and what it will become," says Robert Pieroni, director of economic development at Central Houston Inc., in the release. "The five startups selected for the gBETA Houston Fall 2021 cohort are exploring new challenges that can become high-impact Houston businesses."

gBETA announced its plan to launch in Houston in September 2019. The program's inaugural cohort premiered in May and conducted the first program this summer completely virtually. The second cohort took place last fall, and the third ran earlier this year.

"These founders are building their companies and benefiting from the resources Downtown Launchpad provides," Pieroni continues, "and the proof is in the data – companies in these programs are creating jobs, growing their revenues and exponentially increasing their funding, which means these small starts up of today, working in Downtown Launchpad, are growing into the successful companies of tomorrow."

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