This tiny “smart car” is a lot more powerful than you might think. Photo by Jon Burke/UH

The University of Houston is now leading a national consortium focused on cybersecurity in the transportation sector.

Known as the Transportation Cybersecurity Center for Advanced Research and Education, or CYBER-CARE, it's backed by a $2 million grant from U.S. Department of Transportation for its first year, with anticipated total federal funding of $10 million over five years, as part of the department's University Transportation Centers program that aims to address a number of topics in the field.

UH's center aims to "establish a fundamental knowledge base and explore advanced theories of how to best mitigate impacts of potential large-scale cyberattacks on transportation infrastructure," according to a release from the university. This includes protecting vehicle control systems, developing industry-wide best practices, responding to potential cyber incidents and introducing ways to recover quickly from cyber incidents in traffic networks.

CYBER-CARE is led by Yunpeng “Jack” Zhang, associate professor in the Department of Information Science Technology at the UH and director of the center.

"Our goal to make our intelligent transportation system (ITS) safer for all road users. That aligns well with the USDOT’s strategic goal of improving safety,” Zhang explained in a statement. “We also will promote interdisciplinary research and education across the transportation and cybersecurity domains.”

The center opened earlier this year within UH's Cullen College of Engineering’s Division of Technology. Houston and Texas colleges Rice University and Texas A&M University-Corpus Christi have joined the consortium with UH, along with Embry-Riddle Aeronautical University, University of Cincinnati and University of Hawai‘i at Mānoa.

The DOT's University Transportation Centers first launched in 1988 to conduct research. Support has ebbed and flowed over the years, but has seen some uptick recently. The Biden Administration's 2021 Bipartisan Infrastructure Law authorized 35 UTCs to receive a total of $90 million in funding from 2022 to 2026 to address issues like traffic congestion, safety, infrastructure durability and cybersecurity risks.

According to the DOT's website there are other Texas UTCs at University of Texas at Austin, University of Texas Arlington, Texas A&M University College Station, Prairie View A&M University and Texas State University.

Last year, Texas A&M also launched a new institute for research and education regarding cybersecurity. The Global Cyber Research Institute was funded by $10 million in gifts from former Texas A&M student Ray Rothrock, a venture capitalist and cybersecurity expert, and other donors.

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Houston startup raises $6M to scale home-based healthcare platform

fresh funding

As healthcare systems race to expand care beyond hospitals and into the home, investors are placing bigger bets on the infrastructure needed to make that shift possible.

This month, Rosarium Health announced it has raised $6 million in seed funding led by Kalos Ventures, with participation from ResilienceVC, Rock Health Capital, Symphonic Capital, Black Tech Nations Ventures and others.

The investment will help the Houston-based startup continue to build its platform, which features a national network of 800-plus clinicians and 3,000-plus contractors to coordinate home accessibility upgrades and modifications for seniors and people living with disabilities.

For founder and CEO Cameron Carter, the company’s mission grew out of firsthand caregiving experiences.

“From my own personal caregiving experiences, I realized that the benefits exist on paper, but not in reality,” Carter said in a news release. “Families are being left to figure out the paperwork and installations all on their own, which shouldn’t be how this works.”

While Medicare Advantage and Medicaid plans have expanded coverage for home-based services and accessibility modifications, the logistics behind delivering those services often remain fragmented.

Rosarium’s platform coordinates the entire process, from clinical assessments and referrals to contractor management, documentation, reimbursement and installation.

“A clinician can document that a home isn’t safe and a plan can approve a benefit, but there’s no one that’s responsible for making sure the work actually gets done,” Carter says. “We built the missing piece.”

The company was founded in 2021 as Rose Health and was a 2023 participant in the Texas Medical Center’s Accelerator for HealthTech program. It has scaled quickly, building a network of more than 800 clinicians and 3,000 contractors across 34 states.

Rosarium is currently in-network for 1.2 million Medicare and Medicaid lives, with projected coverage expected to reach nearly 4 million by the end of the year, according to the release.

“We’re excited to back Cameron because he and the team at Rosarium are building the infrastructure healthcare needs right now to make the home a safe and comfortable place of care,” Kate Ballinger, investor at Kalos Ventures, added in the release.

As part of the recent investment, Ballinger will join Rosarium’s board of directors.

With eyes on the future, Rosarium plans to grow its partnerships with Medicaid and Medicare Advantage plans, including CalViva and Community Health Plan of Imperial Valley, strengthening its presence in California while expanding access to underserved communities.

Additionally, Carter predicts that home-based healthcare will be part of a broader transformation happening across the industry.

“There’s a growing recognition that health outcomes are shaped by what happens in the home,” he said in the release. “The future of healthcare isn’t just treating people after something goes wrong. It’s creating environments that help prevent those problems in the first place.”

Houston business mogul Tilman Fertitta acquires Caesars in $17.6B deal

Money Moves

Houston billionaire Tilman Fertitta may currently be serving as America’s ambassador to Italy, but his company is as busy as ever. Fresh off its move to revive the Houston Comets WNBA franchise, his company, Fertitta Entertainment, has announced a $17.6 billion deal to acquire Caesars Entertainment, Inc.

Speculation about the deal has been circulating since at least March, according to various media reports. The deal combines Fertitta’s well-known Golden Nugget casino brand with all of the properties in the Caesars’ portfolio, including Las Vegas hotels Caesars Palace, Harrah's, Paris Las Vegas, Planet Hollywood, Horseshoe, The LINQ Hotel, Flamingo, and The Cromwell.

Overall, the combined company will include 60 domestic casino resorts and gaming facilities; online gaming including sports betting, iCasino, and Caesar’s online poker platform; retail sports betting at over 200 third-party locations through the William Hill brand; and over 550 Fertitta Entertainment outlets, including more than 450 Landry's full-service restaurants across America. The companies will combine their loyalty programs, Caesars Rewards, Golden Nugget's 24 Karat Select Club, and Landry's Select Club.

The terms will see Caesars’ shareholders receive $31 per share. Fertitta Entertainment will also acquire approximately $11.9 billion of Caesars' outstanding debt.

The transaction will be financed through a combination of equity contributed by Fertitta Entertainment, assumed Caesars' debt, and new committed debt financing arranged by a group consisting of 10 banks. It is subject to approval by Caesars’ shareholders and government regulators.

Fertitta Entertainment is the Houston-based company behind a diverse array of hospitality businesses, including The Golden Nugget, The Post Oak Hotel, River Oaks District, the Kemah Boardwalk, and Houston’s Downtown Aquarium.

It also operates a number of prominent restaurant brands, including Mastro's Restaurants, Del Frisco's Double Eagle Steakhouse, Morton's The Steakhouse, The Palm, McCormick & Schmick's, Landry's Seafood House, The Oceanaire Seafood Room, and Saltgrass Steak House.

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This article first appeared on CultureMap.com.