Homecoming

Silicon Valley-founded sports tech startup relocates to Houston

Win-Win, a gamified donation platform, is moving to Houston this summer. Photo via Facebook

It's a homecoming of sorts for Mike T. Brown, a professional athlete turned entrepreneur, who is moving his Silicon Valley-founded startup to his hometown of Houston. Win-Win is a tech-enabled platform where fans can donate to their favorite athletes' causes through a gamified donation platform.

The company launched in 2016 and since raised $1.2 million in funding. Win-Win is ready to scale, according to a press release, and launch full-scale during the 2019 NFL season. Currently, the company is accepting investors on a crowdfunding site.

Brown will move his team into The Cannon this summer and enter The Cannon's Venture Studio.

"I couldn't be more excited about returning to Houston to become a part of the city's tech revolution," says Brown in the release. "After visiting The Cannon, I immediately felt the energy and have witnessed their commitment to pushing Houston's tech startup movement. I can't wait to get fully plugged into the city's ecosystem, to start hiring local talent and raising money from local investors."

Brown spent four years in the NFL, and was at one point a linebacker for the Indianapolis Colts. He hung up his helmet in 2013, taught himself to code, and moved to Silicon Valley. He worked as a mid-market growth lead for a $32 million venture-backed startup called Kiip. Growing up in Houston, Brown attended Alief Taylor High School before playing football at Duke University, getting a degree in public policy.

Win-Win is moving to the city at a time when sports startups are thriving, says Lawson Gow, founder and CEO of The Cannon. Gow is the son of InnovationMap's parent company's CEO. The Cannon is also home to sports tech startup sEATz.

"Houston has long needed better entrepreneurial resources to stop our startups from leaving for greener pastures, and we are excited to be part of the local entrepreneurial growth over the last couple of years, helping to provide a landing spot for a young, growing company like Win-Win," says Gow in the release. "On top of that, Houston is extremely well-positioned to be the home for sports-tech startups, and Mike moving back can be a great catalyst towards continuing to establish our city as a sports-tech hub."

Win-Win is joining fellow sports tech startup sEATz at The Cannon.Courtesy of The Cannon

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United Airlines is interested in buying Cemvita's sustainable aviation fuel when it's produced. Photo courtesy of Cemvita

An innovative Houston company is celebrating a new deal with a global airline.

Cemvita Corp. announced a new offtake arrangement with United Airlines. Cemvita's first full-scale sustainable aviation fuel plant will provide up to 1 billion gallons of SAF to United Airlines. The 20-year contract specifies that Cemvita will supply up to 50 million gallons annually to United.

It's not the first collaboration Cemvita has had with the airline. Last year, United invested in the biotech company, which used the funding to open its Houston pilot plant.

“Since our initial investment last year, Cemvita has made outstanding progress, including opening their new pilot plant – an important step towards producing sustainable aviation fuel,” United Airlines Ventures President Michael Leskinen says in a news release. “United is the global aviation leader in SAF production investment, but we face a real shortage of available fuel and producers. Cemvita’s technology represents a path forward for a potentially significant supply of SAF and it’s our hope that this offtake agreement for up to one billion gallons is just the beginning of our collaboration.”

Founded in Houston in 2017 by brother-sister team Moji and Tara Karimi, Cemvita's biotechnology can mimic the photosynthesis process, turning carbon dioxide into feedstock. The company's SAF plan hopes to increase reliability of existing SAFs and lower impact of fuel creation.

“Biology is capable of truly amazing things,” Moji Karimi, CEO of Cemvita, says in the release. “Our team of passionate, pioneering, and persistent scientists and engineers are on a mission to create sustainable BioSolutions that redefine possibilities.”

“We are thrilled to partner with United Airlines in working towards transforming the aviation industry and accelerating the energy transition,” he continues. “This agreement featuring our unique SAF platform is a major milestone towards demonstrating our journey to full commercialization.”

Earlier this year, United, which was reportedly the first airline to announce its goal of net zero carbon emissions by 2050, launched its UAV Sustainable Flight FundSM. The fund, which named Cemvita to its inaugural group of portfolio companies, has raised over $200 million, as of this summer.

Moji and Tara Karimi co-founded Cemvita in 2017. Photo courtesy of Cemvita

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This article originally ran on EnergyCapital.

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