pitch perfect

Rice University startup pitch competition names 6 finalists

These six finalists of The H. Albert Napier Rice Launch Challenge Championship will pitch on April 20. Photo courtesy of Rice University

Six student-founded startups are headed to the finals of a Rice University pitch competition — and this round is where the money is on the line.

The H. Albert Napier Rice Launch Challenge, open to undergraduate or graduate students in the spring as well as alumni in the summer, started in 2017 with 15 student-run companies vying for a win. The 2022 edition saw participation from almost 200 students and a record 84 teams. The Liu Idea Lab for Innovation and Entrepreneurship whittled those entries down and, after the first round of judging on March 24, six teams are headed the the finals.

The startups will make their pitches in-person at Rice University on Wednesday, April 20, starting at 5:30 pm and compete for over $75,000 in equity free funding.

These are the six student-led startups that will pitch at the finals are:

AutoEdge

AutoEdge is an artificial intelligence-powered quality assurance platform that assists small and medium manufacturers to quickly detect defects and provide clear actionable items to fix inefficiencies.

Founders:

  • Alfredo Costilla Reyes, Post-Doc – Computer Science, 2023, The DATA Lab led by Professor Ben Hu
  • Kwei-Herng Lai, M.S. – Computer Science
  • Daochen Zha, M.S. – Computer Science

Berman Foods

Berman Foods is a artisanal plant-based cheese and spread creator that uses nutritious ingredients.

Founder: Delaney Berman, MBA, 2022

​EpiFresh 

Another food-focused startup, ​EpiFresh is emphasizing fresher ingredients and less waste. Their healthy and sustainable protein-based coating doubles the shelf-life of fruit and vegetables, reducing waste by delaying decay as it moves from the farm to your fridge.

Founders:

  • Neethu Pottackal, PhD – Materials & Nanoengineering, 2024, Professor Pulickel Ajayan’s Lab
  • Aasha Zinke, Materials & Nano Engineering, 2024

​GradGenius

GradGenius is designed to provide users — those looking for a higher education opportunity — a one-stop-shop experience to selecting schools based on personal interests.

Founders:

  • David Akpakwu, MBA, 2023
  • Chinedum Peter Ezeakacha, MBA, 2023

Guildata

Guildata provides global health organizations with data that shows the greatest return on investment, by reduction in morbidity and mortality, for public health interventions in a non-disease centric approach.

Founders:

  • Stephanie Pons, MBA, 2022
  • Kurt Reece, MBA, 2022
  • Ryan Jensen, MBA, 2022

Helix Earth Technologies

Helix Earth Technologies is helping save our planet by helping power plant operators reduce their plant water use and subsequently reducing their overall operating costs.

Founder: Rawand Rasheed, PhD – Mechanical Engineering, 2023, Professor Daniel Preston’s Lab

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Building Houston

 
 

Cemvita reported a successful pilot program on its gold hydrogen project in the Permian Basin. Photo courtesy of Cemvita

Houston-based cleantech startup Cemvita Factory is kicking things into high gear with its Gold Hydrogen product.

After successfully completing a pilot test of Gold Hydrogen in the oil-rich Permian Basin of West Texas, Cemvita has raised an undisclosed amount of funding through its new Gold H2 LLC spin-out. The lead investors are Georgia-based equipment manufacturer Chart Industries and 8090 Industries, an investment consortium with offices in New York City and Los Angeles.

Gold Hydrogen provides carbon-neutral hydrogen obtained from depleted oil and gas wells. This is achieved through bioengineering subsurface microbes in the wells to consume carbon and generate clean hydrogen.

Cemvita says it set up Gold H2 to commercialize the business via licensing, joint ventures, and outright ownership of hydrogen assets.

“We have incredible conviction in next-generation clean hydrogen production methods that leverage the vast and sprawling existing infrastructure and know-how of the oil and gas industry,” Rayyan Islam, co-founder and general partner of 8090 Industries, says in a news release.

Traditional methods of producing hydrogen without greenhouse gas emissions include electrolysis powered by renewable sources like wind, solar or water, according to Cemvita. However, production of green hydrogen through normal avenues eats up a lot of energy and money, the startup says.

By contrast, Cemvita relies on depleted oil and gas wells to cheaply produce carbon-free hydrogen.

“The commercialization and economics of the hydrogen economy will require technologies that produce the hydrogen molecule at a meaningful scale with no carbon emissions. Gold H2 is leading the charge … ,” says Jill Evanko, president and CEO of Chart Industries.

Investors in Cemvita include Oxy Low Carbon Ventures, an investment arm of Houston-based Occidental Petroleum, as well as BHP Group, Mitsubishi, and United Airlines Ventures.

Oxy Low Carbon Ventures and United Airlines Ventures are financing Cemvita’s work on sustainable jet fuel. United Airlines operates a hub at George Bush Intercontinental Airport Houston.

Founded by brother-and-sister team Moji and Tara Karimi in 2017, Cemvita uses synthetic biology to turn carbon dioxide into chemicals and alternative fuels.

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