5+ can't-miss Houston business and innovation events for January

WHERE TO BE

Don't miss these January events — from startup showcases to tech talks. Photo via Getty Images

Ring in the new year with fellow Houston innovators at everything from networking meetups to startup showcases.

Here's a roundup of events you won't want to miss out on so mark your calendars and register accordingly.

Note: This post may be updated to add more events.

January 6 — Texas Business Expansion

The Texas Business Expansion event is focused on helping attendees develop strategies in the financial sector to grow business in the Lone Stars State. Get inspired by industry experts, network with like-minded professionals, and gain valuable insights into the Texas business landscape.

This event is Saturday, January 6, from 1:30 to 6 pm at 25402 Katy Mills Pkwy. Click here to register.

January 16 — Bayou City Startups January Happy Hour

Unwind and reconnect with your favorite (or soon to be) Houston startup founders, funders, operators, and ecosystem builders.

This event is Tuesday, January 16, from 5 to 7 pm at EZ's Liquor Lounge. Click here to register.

January 18 — Power of Women in Business Conference

Sponsored by the National Association of Women Business Owners, this conference is is designed to celebrate women in the business world, incorporating a lineup of influential speakers, accomplished entrepreneurs, and industry experts who have made significant strides in their respective fields. This event serves as a platform for networking, knowledge sharing, and fostering meaningful connections within the thriving business community.

This event is Thursday, January 18, from 8:30 am to 3 pm at Norris Conference Center. Click here to register.

January 23 — Pearland Innovation Hub Open House

Come explore and take a tour of the new Spacio.us location on Broadway Bend Drive in Pearland, TX, USA. Engage with local small business owners, network with industry professionals, and get inspired by innovative ideas at the Pearland Innovation Hub Open House.

This event is Tuesday, January 23, from 2 to 5 pm at Pearland Innovation Hub. Click here to register.

January 24 — Minority Product Launch

Discover a diverse range of groundbreaking products that highlight the creativity and ingenuity of underrepresented communities. From cutting-edge tech gadgets to unique fashion accessories, this event is a celebration of diversity and entrepreneurship.

This event is Wednesday, January 24, at the Ion from 5 to 8 pm. Click here to register.

January 25 — NASA Tech Talks

In this presentation, Mr. Montgomery Goforth, Assistant Director, Strategic Pursuits & Partnerships – Engineering Directorate, NASA JSC, and other aerospace subject matter experts will discuss the technology development challenges faced by NASA’s Johnson Space Center (JSC) and the surrounding Aerospace community in our ongoing efforts as the hub of human spaceflight. The presentation will focus on the ways in which these challenges, and the associated opportunities, can be leveraged by Houston’s innovation community.

This event is Thursday, January 25, from 6 to 7:30 pm at the Ion. Click here to register.

January 30 — Texas Small Business Expo

Texas Small Business Expo is a premier Trade Show, Educational Business to Business Conference, Exhibition & Networking Event for Entrepreneurs, Start-Ups and anyone that owns a Business or looking to start their own business. The main focus of this event is networking, building new business relationships and learning from Industry Experts on how to enhance your business.

This event is Tuesday, January 30, from 4 to 9 pm at Wakefield Crowbar. Click here to register.

Ad Placement 300x100

Ad Placement 300x600

CultureMap Emails are Awesome

Property Showcase

Growing Houston energy startup scales local office presence

settling in

On the heels of landing more than $240 million in venture capital, Houston-based geothermal power provider Fervo Energy has more than quadrupled the size of its headquarters.

Fervo previously occupied 5,158 square feet at 114 Main St. in downtown Houston. The company recently left the Main Street space and leased 23,782 square feet at downtown Houston’s 910 Louisiana office tower. Houston-based commercial real estate company Hines owns and manages the 50-story former One Shell Plaza.

“We believe Houston is the center of the energy transition, and downtown Houston has long been its center of activity,” Tim Latimer, co-founder and CEO of Fervo Energy, says in a news release. “The availability of dining options, parks, and biking infrastructure continue to be great assets and a huge draw for our team. For these reasons and more, the only place for Fervo’s headquarters is downtown Houston.”

In February 2024, Fervo announced it had raised $244 million in an investment round led by Oklahoma City, Oklahoma-based hydrocarbon exploration company Devon Energy. Fervo has collected $431 million in funding since its founding in 2017.

Energy companies like Fervo occupy about 43 percent of office space in downtown Houston, according to a new report from the Downtown Houston+ organization. Nineteen new tenants set up shop last year in downtown Houston, with 10 of them operating in the energy sector.

Other energy companies that recently leased office space in downtown Houston include:

AES Clean Energy
Axip Energy Services
EnLink Midstream
MRC Global
Repsol Renewables
Stonepeak

Chevron to relocate HQ, executives to Houston

big move

The Energy Capital of the World is adding another jewel to its corporate crown.

With the impending move of Chevron’s headquarters from Northern California to Houston, the Houston area will be home to 24 Fortune 500 companies. Chevron ranks 15th on this year’s Fortune 500.

Oil and gas giant Chevron, currently based in San Ramon, California, will join three Fortune 500 competitors that already maintain headquarters in the Houston area:

Spring-based ExxonMobil, No. 7 on the Fortune 500
Houston-based Phillips 66, No. 26 on the Fortune 500
Houston-based ConocoPhillips, No. 68 on the Fortune 500

Chevron, which posted revenue of $200.9 billion in 2023, employs about 7,000 people in the Houston area and about 2,000 people in San Ramon. The company says its chairman and CEO, Mike Wirth, and vice chairman, Mark Nelson, will move to Houston before the end of 2024.

In an interview with The Wall Street Journal, Wirth acknowledged Chevron’s differences of opinion with California policymakers regarding energy matters.

“We believe California has a number of policies that raise costs, that hurt consumers, that discourage investment and ultimately we think that’s not good for the economy in California and for consumers,” Wirth said.

Chevron expects all of its corporate functions to shift to Houston over the next five years. Jobs that support the company’s California operations will remain in San Ramon, where Chevron employs about 2,000 people. Some Chevron employees in San Ramon will relocate to Houston.

The company’s move to Houston hardly comes as a surprise. Speculation about a relocation to Houston intensified after Chevron sold its 98-acre San Ramon headquarters in 2022 and moved corporate employees to leased office space. Over the past several years, Chevron has shifted various corporate functions to Houston.

“This is just the final step that many industry observers were waiting to happen,” Ken Medlock, senior director of the Baker Institute’s Center for Energy Studies at Rice University, says in a news release.

“To start, Houston provides a world-class location for internationally focused energy companies, which is why there is such a massive international presence here,” Medlock adds. “Texas is also the nation’s largest energy producer across multiple energy sources and is poised to lead in emerging opportunities such as hydrogen and carbon capture, so Houston is a great place for domestically focused activities as well.”

The announcement of Chevron’s exit from California comes just a year after ExxonMobil finalized its relocation from Irving to Spring.

“Chevron’s decision to relocate its headquarters underscores the compelling advantages that position Houston as the prime destination for leading energy companies today and for the future,” Steve Kean, president and CEO of the Greater Houston Partnership, says in a post on the organization’s website.

“With deep roots in our region,” he adds, “Chevron is [a] key player in establishing Houston as a global energy leader. This move will further enhance those efforts.”

------

This article originally ran on EnergyCapital.

Houston climatetech startup raises $21.5M series A to grow robotics solution

seeing green

A Houston energy tech startup has raised a $21.5 million series a round of funding to support the advancement of its automated technology that converts field wastes into stable carbon.

Applied Carbon, previously known as Climate Robotics, announced that its fresh round of funding was led by TO VC, with participation from Congruent Ventures, Grantham Foundation, Microsoft Climate Innovation Fund, S2G Ventures, Overture.vc, Wireframe Ventures, Autodesk Foundation, Anglo American, Susquehanna Foundation, US Endowment for Forestry and Communities, TELUS Pollinator Fund for Good, and Elemental Excelerator.

The series A funding will support the deployment of its biochar machines across Texas, Oklahoma, Arkansas, and Louisiana.

"Multiple independent studies indicate that converting crop waste into biochar has the potential to remove gigatons of CO2 from the atmosphere each year, while creating trillions of dollars in value for the world's farmers," Jason Aramburu, co-founder and CEO of Applied Carbon, says in a news release. "However, there is no commercially available technology to convert these wastes at low cost.

"Applied Carbon's patented in-field biochar production system is the first solution that can convert crop waste into biochar at a scale and a cost that makes sense for broad acre farming," he continues.

Applied Carbon rebranded in June shortly after being named a top 20 finalist in XPRIZE's four-year, $100 million global Carbon Removal Competition. The company also was named a semi-finalist and awarded $50,000 from the Department of Energy's Carbon Dioxide Removal Purchase Pilot Prize program in May.

"Up to one-third of excess CO2 that has accumulated in the atmosphere since the start of human civilization has come from humans disturbing soil through agriculture," Joshua Phitoussi, co-founder and managing partner at TO VC, adds. "To reach our net-zero objectives, we need to put that carbon back where it belongs.

"Biochar is unique in its potential to do so at a permanence and price point that are conducive to mass-scale adoption of carbon dioxide removal solutions, while also leaving farmers and consumers better off thanks to better soil health and nutrition," he continues. "Thanks to its technology and business model, Applied Carbon is the only company that turns that potential into reality."

The company's robotic technology works in field, picking up agricultural crop residue following harvesting and converts it into biochar in a single pass. The benefits included increasing soil health, improving agronomic productivity, and reducing lime and fertilizer requirements, while also providing a carbon removal and storage solution.

"We've been looking at the biochar sector for over a decade and Applied Carbon's in-field proposition is incredibly compelling," adds Joshua Posamentier, co-founder and managing partner of Congruent Ventures. "The two most exciting things about this approach are that it profitably swings the agricultural sector from carbon positive to carbon negative and that it can get to world-scale impact, on a meaningful timeline, while saving farmers money."