Houston-based Captain wants to bring the fishing guides booking process into the digital age. Photo by Lum3n.com /Pexels

Fishing is always an exercise in patience, but by the time Jonathan Newar had planned his former work team's trip to New Braunfels, he had already lost all of his. The precious hours he would spend on the water were backed by so much more time reeling in dead ends on potential fishing guides online.

That's because, back then, there were no sites for Houstonians and Texans that compiled information about trips and properly vetted guides, who have to be insured and licensed — until Newar launched Captain in June.

Captain is a business for booking guided fishing trips. It's a little like Yelp for water sports — allowing people to read and write reviews about their experiences with the trips — but they can also book directly on the site, which keeps customers from the hassle of making reservations and lets the guides spend more time on the water and less in the office.

"The guides really love what we're doing," Newar says. "They're jumping on board."

Captain has more than 70 guides, offering over 160 trips, and caters to a market of the outdoor-oriented: fishermen, boaters, campers, the kind of person who spends their weekdays swiveling in a desk chair and weekends spooling line around a fishing rod. That might be a niche market, but it's not a tiny one; In 2016 alone, the U.S. Fish & Wildlife Service reported that Americans spent $46.1 billion on fishing-related expenses.

And that's only fishing. Newar plans to cast a wider net, expanding Captain to include all kinds of outdoor sports trips — kayaking, hiking, rock climbing, mountain biking, and more. Right now, he's working alone to vet all the guides and make sure he gets the information right about each trip — for example, what kinds of fish clients can expect to catch, how long the trip lasts, if alcohol is allowed on the boat and whether the trip is family-friendly.

"It doesn't ruin your trip to not catch fish. Sometimes you don't catch fish," Newar says. "But what really ruins the trip is being paired with a guide who doesn't fit your need."

Captain, which recently completed MassChallenge Texas' inaugural Houston program, hasn't raised money yet — Newar wants to grow the company first, to widen his client base; after all, the Bayou City is a quick drive from plenty of fishing holes. And when Captain gets a full crew, Newar hopes it become a premier site for get people off their computers, out of the house and reconnected to the outdoors.

"We think Captain can solve a lot of interpersonal barriers," Newar says.

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Houston brain health co. secures $6.5M for rare disease study

neuro funding

Houston-based Goldenrod Therapeutics, part of Fannin Partners' portfolio, has announced the initial close of a $6.5 million series seed preferred stock round.

The round was led by Ataxia Ventures and an affiliate of Fannin, according to a news release.

Goldenrod Therapeutics plans to use the funding to support manufacturing, formulation optimization, IND-enabling studies and a Phase I study of its drug to treat brain inflammation, known as 11h.

The study will consider how 11h, which blocks the enzyme PDE4, could treat Friedreich’s ataxia (FA), a rare genetic disease that affects movement, speech and balance. To date, other PDE4 inhibitors have proven to regulate neuroinflammation and neuronal signaling, but have had adverse gastrointestinal side effects or have not reached enough of the central nervous system, according to Goldenrod.

The company says its 11h is expected to have "broad applicability" with limited emetric side effects.

“Our 11h program is a next-generation, orally bioavailable, brain-penetrant PDE4 inhibitor, where researchers overcame longstanding limitations associated with earlier PDE4 inhibitors," Dr. Dev Chatterjee, CEO of Goldenrod, said in the news release. "We believe this creates the potential for a best-in-class therapy for Friedreich’s Ataxia and a potential foundation for development across multiple neurodegenerative and neuroinflammatory disorders.”

11h was first developed at the University of Nebraska Medical Center (UNeMed). Houston-based Fannin Partners in-licensed the product 2020 and landed SBIR Phase I funding to support its initial development for opioid use disorder soon after.

Goldenrod has also received funding to study 11h's effectiveness for multiple sclerosis, methamphetamine addiction and cocaine addiction.

Goldenrod says it is developing 11h to target a variety of neurological and inflammatory conditions, including Alzheimer's disease, multiple sclerosis, ALS, substance use disorders, Batten disease, pain and traumatic brain injury.

27 Houston companies make Fortune 500 for 2026, led by energy giants

Houston HQs

Editor's note: This article has been updated to correct the number of companies based in the Dallas-Fort Worth area.

Houston is a giant among U.S. hubs for corporate headquarters.

The 2026 Fortune 500 lists 27 companies based in the Houston area, with many energy companies claiming top spots. Houston ties with Chicago for the second-most Fortune 500 headquarters, preceded only by New York City (53). Dallas-Fort Worth is home to 24 Fortune 500 headquarters.

Texas leads the nation for Fortune 500 headquarters (57), with California in the No. 2 spot and New York at No. 3.

“Texas is the undisputed headquarters of headquarters,” Gov. Greg Abbott said in a news release. “The world’s leading businesses invest with confidence in Texas because of our welcoming business climate, predictable regulatory environment, and skilled and growing workforce. People and businesses are choosing Texas because Texas works.”

The 2026 Fortune 500 ranks the largest U.S. corporations based on revenue in fiscal year 2025.

Here’s a rundown of the 27 Fortune 500 companies based in the Houston area.

  • No. 9 ExxonMobil
  • No. 21 Chevron
  • No. 29 Phillips 66
  • No.55 Sysco
  • No. 75 ConocoPhillips
  • No. 89 Enterprise Products Partners
  • No. 103 Plains GP Holdings
  • No. 133 Hewlett Packard Enterprise
  • No. 149 NRG Energy
  • No. 157 Quanta Services
  • No. 164 Baker Hughes
  • No. 173 Occidental Petroleum
  • No. 179 Waste Management
  • No. 201 EOG Resources
  • No. 204 Group 1 Automotive
  • No. 207 Halliburton
  • No. 223 Cheniere Energy
  • No. 236 Corebridge Financial
  • No. 262 Targa Resources
  • No. 266 Kinder Morgan
  • No. 388 Westlake
  • No. 435 CenterPoint Energy
  • No. 438 APA
  • No. 440 Comfort Systems USA
  • No. 455 NOV
  • No. 488 KBR
  • No. 496 Coterra Energy. Oklahoma City, Oklahoma-based Devon Energy and Houston-based Coterra Energy merged in early May, with the combined company retaining the Devon Energy name and the Houston headquarters.

The Greater Houston Partnership notes the Houston area soon will welcome its 28th Fortune 500 company. Expand Energy (formerly Chesapeake Energy), appearing at No. 362 on the 2026 list, says it’s moving its headquarters from Oklahoma City to Spring this year.

As the natural gas producer prepares to relocate to Texas, it’s hunting for a new leader. Nick Dell’Osso stepped down as president and CEO earlier this year. Board Chairman Michael Wichterich is interim president and CEO.

Dell’Osso became president and CEO of Oklahoma City-based Gulfport Energy effective May 28.

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This article first appeared on EnergyCapitalHTX.com.