EDP Renewables has launched its second iteration of its clean energy innovation program. Photo courtesy of EDP

EDP Renewables, whose North American division is based in Houston, has launched the second module of its Energy Starter 2022 program.

EDP Renewables launched the first module in May; it dealt with the future of energy distribution. Applications for startups seeking to join the second module are being accepted until September 30. The second module focuses on innovations in renewable energy and green hydrogen.

Next year, the third and final modules will focus on decarbonization.

Companies selected for the second module will attend a bootcamp in Houston where they, in partnership with EDP Renewables experts, will develop their ideas and work on pilot projects. After the current four-phase edition of the program ends, startups will be able to test their innovations in the U.S., Brazil, Portugal, or Spain.

During the six editions of Energy Starter, the more than 150 participating startups have sealed over 80 deals, including equity investments and pilot projects. The most recent edition of Energy Starter attracted over 700 applicants.

Earlier this year, EDP Ventures, the venture capital arm of EDP Renewables North America’s parent company, pledged to double its investments in startups pursuing energy transition technology and services.

EDP Ventures says its VC commitment is climbing from 45 million euros (about $45 million) already invested in the past decade to a total of 100 million euros by 2025. EDP Ventures plans to allocate as much as 10 million euros per startup.

“As the electricity sector moves at unprecedented speed, we want to work with the most promising startups, with a clear focus on projects that represent growth opportunities. The coming years will be challenging for the energy transition, and we want to face them with the best ideas on a global level,” says Ana Paula Marques, CEO of EDP Spain, a subsidiary of Lisbon, Portugal-based energy company EDP Group.

Houston-based EDP Renewables North America is part of Madrid, Spain-based EDP Renewables, the world’s fourth largest producer of renewable energy. It’s investing 1 billion euros in innovation efforts by 2025. EDP Group is the majority shareholder of EDP Renewables.

The Houston division builds, owns, and operates wind farms and solar parks throughout North America. EDP Renewables North America oversees 58 wind farms and nine solar parks.

Among the nine solar parks is the $280 million, 240-megawatt Cattlemen Solar Park in Milam County, between the Austin metro area and Bryan-College Station. The park is scheduled to start generating electricity next year. Meta, the parent company of Facebook, recently signed a long-term, 156-megawatt power deal with EDP Renewables North America.

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New 'living pharmacy' biotech company launches out of Rice venture studio

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Rice University’s biotech venture studio RBL LLC has launched a new “living pharmacy” company, Duracyte, designed to make cancer treatment easier on patients.

Backed by an up to $45 million Advanced Research Projects Agency for Health (ARPA-H) award, Duracyte aims to commercialize implantable biohybrid pharmacy devices that are designed to produce therapeutic proteins inside the human body around the clock, replacing the need for regular injections and infusions for some cancer patients.

The company’s main platform is its Hybrid Advanced Molecular Manufacturing Regulator (HAMMR), a rechargeable, implantable device that can sense biological signals, monitor tumor environments and adjust therapeutic output in real time. HAMMR has wireless communication capabilities, which allow patients and clinicians to remotely monitor results through an app every five minutes and make changes to treatment plans without a hosptial visit. Additionally, the device can generate its own oxygen supply, which is key for the therapeutic cells’ survival.

“Biologic medicines such as monoclonal antibodies, cytokines and metabolic regulators already account for a significant share of modern therapeutics, but the way we deliver them today often requires frequent injections or infusions that can be demanding for patients and lead to inconsistent drug levels,” Daniel Anderson, MIT professor and co-founder of Duracyte, said in a news release. “Our vision is to enable a continuous, stable therapy by producing these medicines directly inside the body, which could improve treatment consistency, reduce side effects and ultimately transform how biologic therapies are delivered across many diseases.”

Duracyte’s first clinical trial is slated to begin by the end of 2026 and will focus on recurrent ovarian cancer. The Phase I study will build upon existing work on encapsulated cytokine pharmacy technology, and the company hopes that within a few years this treatment can reach clinical application.

The development of Duracyte is supported by ARPA-H's Targeted Hybrid Oncotherapeutic Regulation (THOR) project, which supports a multidisciplinary research consortium co-led by Omid Veiseh, a professor of bioengineering at Rice. The consortium also includes others at Rice, The University of Texas MD Anderson Cancer Center, Stanford University, Carnegie Mellon University, Northwestern University and the University of Houston, plus industry collaborators like Chicago-based CellTrans.

“What we are building is the culmination of years of progress in cell engineering, biomaterials and implantable device technology,” Veiseh added in the release. “By combining these advances with real-time sensing and adaptive drug delivery, we are working with the support of RBL to create a true ‘living pharmacy’ that can deliver continuous, precisely controlled biologic therapies and fundamentally change how these treatments reach patients.”

RBL launched in 2024 and is based out of Houston’s Texas Medical Center Helix Park. Duracyte is the third company launched by RBL, including Sentinel BioTherapeutics, a clinical-stage immunotherapy company developing localized cytokine therapies for solid tumors, and SteerBio, a regenerative medicine company targeting lymphedema.

“Duracyte exemplifies the kind of breakthrough that Houston’s ecosystem is built to produce,” Paul Wotton, managing partner of RBL LLC and co-founder of Duracyte, added in the release. “With world-class clinical infrastructure, exceptional engineering talent and initiatives like the Texas Biotech Task Force driving alignment across industry, investment and talent, this region is uniquely positioned to move the most ambitious ideas in medicine from concept to patient, faster than anywhere else.”

Houston energy hub opens new fundraising cohort to fuel startups

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EnergyTech Cypher has opened applications for its second Liftoff fundraising program.

Applications close May 20 for the 10-week virtual fundraising sprint. The program is geared toward energy and climatech founders preparing to raise their first institutional round. It will cover fundraising requisites, like pitch materials, term sheet negotiation and round closing, according to a release from EnergyTech Cypher.

The program kicks off June 1 and runs every Monday from 1-3 p.m. CST. It will conclude with an in-person capstone simulation in Houston on August 3, where founders will work to close a mock round.

Jason Ethier, EnergyTech Cypher founder and CEO, will lead the program with Payal Patel, an EnergyTech fellow and entrepreneur in residence.

The program is available through Cephyron, EnergyTech Cypher's new investor relationship management platform, built specifically for energy and climatech founders. Users must have a Cephyron Boost membership to participate in the Liftoff program.

The Cephyron IRM app recently went live and is available to founders at any point in their fundraising process, according to the news release. The platform aggregates investor data, tracks market signals and delivers curated weekly recommendations.

EnergyTech Cypher launched Liftoff last year. The inaugural cohort included 19 startups, including Houston-based AtmoSpark Technologies, The Woodlands-based Resollant and others. Each participant closed at least one fundraising deal, according to EnergyTech Cypher.

EnergyTech Cypher rebranded from EnergyTech Nexus earlier this year. It also launched its CoPilot accelerator in 2025. The inaugural group presented its first showcase during CERAWeek last month.

EnergyTech Cypher's annual Pilotathon Pilot Pitch and Showcase applications also opened this month. Find more information here.

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This article originally appeared on EnergyCaptialHTX.com.