Houston is now home to Kodiak and Ryder's autonomous "truckport" facility. Photo courtesy of Kodiak

In a major step toward driverless freight trucks hitting Houston-area roads, a facility for loading and unloading autonomous trucks opened recently near George Bush Intercontinental/Houston Airport

Miami-based transportation and logistics company Ryder operates the “truckport” for Mountain View, California-based Kodiak Robotics, which runs a network of autonomous freight trucks. The facility, located at 888 E. Airtex Dr., opened in December. It’s next to a Ryder maintenance center.

“The truckport can currently receive several truckloads per day, and the size of the Ryder facility provides the opportunity to scale much larger than that,” says Daniel Goff, director of external affairs at Kodiak.

“The number of employees stationed at the facility fluctuates day by day,” Goff adds. “Kodiak’s team that staffs the facility in this initial phase operates on a flexible schedule to align with the needs of the trucks that are utilizing the truckport.”

The Houston site is the first Kodiak truckport to be located at a Ryder facility. It serves freight routes to and from Houston, Dallas, and Oklahoma City.

Kodiak currently operates all routes with drivers on board, including its Houston-Dallas and Houston-Oklahoma City routes. The company plans to roll out its first driverless operations on Dallas-Houston route later this year, with the new Houston facility serving as a launchpad.

“Ryder’s industry-leading fleet services and vast footprint of service locations makes it an ideal partner as we scale autonomous trucks,” Don Burnette, founder and CEO of Kodiak, says in a news release. “Expanding our network of truckports with Ryder will enable us to operate autonomous trucks at scale with our customers.”

The most recent version of Kodiak’s truck debuted in Las Vegas at the recent 2024 Consumer Electronics Show (CES). Kodiak says the truck is equipped with safety-oriented software and hardware (including braking, steering and sensors).

Kodiak’s sixth-generation truck builds on the company’s track record of real-world testing, which includes carrying 5,000 loads over more than 2.5 million miles.

Founded in 2018, Kodiak has been delivering freight in Texas since mid-2019, including on the Houston-Dallas route. Kodiak announced in 2022 that it had teamed up with Swedish retailer IKEA to pilot autonomous freight deliveries in Texas between the IKEA warehouse in Baytown and the IKEA store in Frisco.

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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.