Houston named an affordable tech city, startup hires CFO, and more local innovation news

short stories

In the latest round up of Houston innovation news you may have missed, Houston has been deemed an affordable city for tech careers, HighRadius has a new product, and more. Photo via Getty Images

It's been a busy summer for the Houston innovation ecosystem, and for this reason, local startup and tech news may have fallen through some of the cracks.

In this roundup of short stories within Houston innovation, a software company has a new game-changing product, Houston was named an affordable city for a tech career, a health tech startup has a new C-suite leader, and more.

Houston ranks as affordable tech city

Houston is an affordable city to start off your career in tech, per this new report. Image courtesy of CodingDojo

While the coasts have some of the most booming tech hubs, Coding Dojo set off to identify the hubs with affordability for young professionals just starting off. The coding bootcamp started off by identifying the fastest growing cities in America using data from the Census, and factored in Apartment List's housing price data and the number of engineering jobs available in each city.

"The purpose of the report is to highlight cities that may be overlooked but have affordable living costs, plenty of open developer jobs in the vicinity and thus, are viable options to start or continue a career in tech," reads the report.

Houston ranks as No. 6 on the list, following Dallas at No. 1 and Austin suburb Leander as No. 2.

"With major campuses or headquarters in town for companies like FlightAware, Microsoft, Halliburton, and many others, you won't have a problem with Houston as your tech career destination," the report writes.

Houston data in the report:

  • Median Rent: $1,141
  • Entry-Level Developer Jobs: 81
  • Mid-Level Developer Jobs: 278

HighRadius announces new product

HighRadius has a new game-changing software update. Photo via highradius.com

Houston unicorn fintech SaaS company HighRadius has a new product that hit a milestone. The RadiusOne AR achieved "Built for NetSuite" status, according to a news release from the company.

"With RadiusOne AR, we can help NetSuite customers automate their AR processes, manage their operational costs, and increase efficiency," says Sayid Shabeer, chief product officer at HighRadius, in the release. "The RadiusOne AR SuiteApp will allow our joint customers to have stronger cash-flow using AI-based technology to automate their electronic invoicing, collections, cash reconciliation, and credit risk."

The product is aimed at streamlining invoicing and collections, cash reconciliation and credit risk services. The software is affordable and easy to deploy, potentially delivering value in as little as four weeks, per the release.

"Businesses continue to look for ways to bring automation and intelligence to their AR processes to better manage their working capital," says Guido Haarmans of Oracle NetSuite in the release. "This new SuiteApp extends our robust solution for receivables management and helps NetSuite customers further optimize their cash flow management."

Ignite Healthcare's pitch application deadline looms

Now's the time to apply for Ignite's annual accelerator. Photo courtesy of Ignite

Ignite Healthcare Network has opened applications for its annual mini accelerator programs for women-led digital health and med tech companies. The deadline to apply online is July 19.

The program "provides women-led healthcare startups the unique opportunity to engage with potential customers and investors who will assess and advise on the strengths and weaknesses of their companies," according to the website.

Following the mentorship and acceleration, Ignite's Pitch Competition Event allows finalists a chance to compete for several hundred thousand dollars in cash and investment prizes from health care executives and investors. This year, the audience will include parties interested in social impact investing, in search of companies that have solutions to the needs of underserved populations, reads the website.

Pulmotect names new CFO

Bill Noss joined Houston-based Pulmotect's C-suite in June. Photo courtesy of Pulmotect

Houston-based Pulmotect Inc., a clinical-stage biotechnology company, announced a new CFO late last month. William J. Noss III joined the company's team.

"I am delighted to welcome Bill to Pulmotect at such an important time for the company," says Dr. Colin Broom, CEO of Pulmotect, in the news release. "His expertise and experience will help build our infrastructure as we continue the clinical development of PUL-042. It is an exciting time to join Pulmotect, with two Phase 2 clinical trials for the prevention and treatment of COVID-19 that have been supported with funding from the Department of Defense and our planned clinical trials for the prevention of respiratory complications in cancer patients."

Noss has over 15 years of experience in the life science industry, formerly at Harmony Biosciences, where he helped lead the company through their commercial launch and subsequently through their initial public offering of $148 million, per the release.

"I am very excited to join this outstanding team as the company grows," says Noss in the release. "PUL-042 has the potential to protect patients from a broad range of viral and other pulmonary infections by activating the innate immune system. I look forward to playing a key role in the drug development program by working hard for the future benefit of patients and creating long-term value for the company and our stakeholders."

Hess makes $9M donation to STEM initiatives in the community

Houston-based Hess Corp. has contributed to a citywide initiative. Photo via trammellcrow.com

Last month, Hess Corp. announced a $9 million donation over the next three years. The gift is a part of its Learning for Life Partnership to fund educational programs and support services for Mayor Sylvester Turner's Complete Communities Initiative.

About 22 schools and over 13,000 children from pre-K through high school will benefit from the funds in the Third Ward, Magnolia Park-Manchester, and Second Ward Complete Communities neighborhoods.

Among other initiatives, the Hess Learning for Life Partnership will fund STEM equipment and curricula, teacher training, computer equipment, mentorship programs, accreditation initiatives, career life guidance counseling, and other support, according to a news release.

"Our company has a proud history of social investment programs that make a positive and lasting impact on the communities where we operate," says CEO John B. Hess in the news release. "In partnership with Mayor Turner's initiative, we are delighted to expand our commitment to provide children in the neighborhoods adjacent to Hess Tower in downtown Houston with the academic and social resources they need to reach their full potential."

Second Servings of Houston has amped up its cause to feed unemployed hospitality workers. Courtesy of Second Servings

2 big companies team up with Houston nonprofit to feed unemployed hospitality workers

food for thought

Two companies have stepped up in a big way to help a local nonprofit distribute thousands of meals to unemployed hospitality workers who lost their jobs due to the coronavirus shutdown.

By partnering with energy company Hess Corporation and food distribution giant Sysco, Second Servings of Houston will distribute 10,000 meals each week to unemployed hospitality workers through its newly established the "Dinner's On Us" program.

Hess' staff prepares the meals, which are available both fresh and frozen, utilized ingredients supplied by Sysco. Designed to provide approximately eight servings, the meals consist of hearty, classic fare such as chicken 'n biscuits, red beans and rice, and penne pasta with sausage.

Meals are distributed every Tuesday and Thursday from 10 am to noon in the LAM parking lot at 702 Avenida De Las Americas. A drive-thru setup allows for contact-free distribution, and Second Servings volunteers wear masks and gloves. To receive a meal, people should demonstrate eligibility with a recent paystub from a restaurant, caterer, hotel, sports stadium, or other hospitality-related business.

Typically, Second Servings works with restaurants, hotels, caterers, and others to rescue surplus food that would otherwise go to waste; it is also the beneficiary of the 2020 CultureMap Tastemaker Awards. Now, the organization is aiding the people who usually assist its mission.

"We saw the impact first-hand last month, when we rescued valuable perishable food from hotels, event venues, business cafeterias, schools and restaurant kitchens that were forced to close," Second Servings founder Barbara Bronstein says in a statement. "We created this program because we wanted to help the people who serve the community and donate surplus food to us all year long."

Second Servings will continue the program for as long as it has the funding to do so. In addition to Hess an Sysco, sponsors include real estate firm BHW Capital, ACME Party & Tent Rental, and Mucasey & Associates Architects. Those interested in making a contribution to continue the program may do so via the Second Servings website.

The meal options include chicken and biscuits. Courtesy of Second Servings

------

This article originally ran on CultureMap.

Ad Placement 300x100
Ad Placement 300x600

CultureMap Emails are Awesome

Property Showcase

Houston robotics co. unveils new robot that can handle extreme temperatures

Hot New Robot

Houston- and Boston-based Square Robot Inc.'s newest tank inspection robot is commercially available and certified to operate at extreme temperatures.

The new robot, known as the SR-3HT, can operate from 14°F to 131°F, representing a broader temperature range than previous models in the company's portfolio. According to the company, its previous temperature range reached 32°F to 104°F.

The new robot has received the NEC/CEC Class I Division 2 (C1D2) certification from FM Approvals, allowing it to operate safely in hazardous locations and to perform on-stream inspections of aboveground storage tanks containing products stored at elevated temperatures.

“Our engineering team developed the SR-3HT in response to significant client demand in both the U.S. and international markets. We frequently encounter higher temperatures due to both elevated process temperatures and high ambient temperatures, especially in the hotter regions of the world, such as the Middle East," David Lamont, CEO of Square Robot, said in a news release. "The SR-3HT employs both active and passive cooling technology, greatly expanding our operating envelope. A great job done (again) by our engineers delivering world-leading technology in record time.”

The company's SR-3 submersible robot and Side Launcher received certifications earlier this year. They became commercially available in 2023, after completing initial milestone testing in partnership with ExxonMobil, according to Square Robot.

The company closed a $13 million series B round in December, which it said it would put toward international expansion in Europe and the Middle East.

Square Robot launched its Houston office in 2019. Its autonomous, submersible robots are used for storage tank inspections and eliminate the need for humans to enter dangerous and toxic environments.

---

This article originally appeared on EnergyCapitalHTX.com.

Houston's Ion District to expand with new research and tech space, The Arc

coming soon

Houston's Ion District is set to expand with the addition of a nearly 200,000-square-foot research and technology facility, The Arc at the Ion District.

Rice Real Estate Company and Lincoln Property Company are expected to break ground on the state-of-the-art facility in Q2 2026 with a completion target set for Q1 2028, according to a news release.

Rice University, the new facility's lead tenant, will occupy almost 30,000 square feet of office and lab space in The Arc, which will share a plaza with the Ion and is intended to "extend the district’s success as a hub for innovative ideas and collaboration." Rice research at The Arc will focus on energy, artificial intelligence, data science, robotics and computational engineering, according to the release.

“The Arc will offer Rice the opportunity to deepen its commitment to fostering world-changing innovation by bringing our leading minds and breakthrough discoveries into direct engagement with Houston’s thriving entrepreneurial ecosystem,” Rice President Reginald DesRoches said in the release. “Working side by side with industry experts and actual end users at the Ion District uniquely positions our faculty and students to form partnerships and collaborations that might not be possible elsewhere.”

Developers of the project are targeting LEED Gold certification by incorporating smart building automation and energy-saving features into The Arc's design. Tenants will have the opportunity to lease flexible floor plans ranging from 28,000 to 31,000 square feet with 15-foot-high ceilings. The property will also feature a gym, an amenity lounge, conference and meeting spaces, outdoor plazas, underground parking and on-site retail and dining.

Preleasing has begun for organizations interested in joining Rice in the building.

“The Arc at the Ion District will be more than a building—it will be a catalyst for the partnerships, innovations and discoveries that will define Houston’s future in science and technology,” Ken Jett, president of Rice Real Estate Company, added in the release. “By expanding our urban innovation ecosystem, The Arc will attract leading organizations and talent to Houston, further strengthening our city’s position as a hub for scientific and entrepreneurial progress.”

Intel Corp. and Rice University sign research access agreement

innovation access

Rice University’s Office of Technology Transfer has signed a subscription agreement with California-based Intel Corp., giving the global company access to Rice’s research portfolio and the opportunity to license select patented innovations.

“By partnering with Intel, we are creating opportunities for our research to make a tangible impact in the technology sector,” Patricia Stepp, assistant vice president for technology transfer, said in a news release.

Intel will pay Rice an annual subscription fee to secure the option to evaluate specified Rice-patented technologies, according to the agreement. If Intel chooses to exercise its option rights, it can obtain a license for each selected technology at a fee.

Rice has been a hub for innovation and technology with initiatives like the Rice Biotech Launch Pad, an accelerator focused on expediting the translation of the university’s health and medical technology; RBL LLC, a biotech venture studio in the Texas Medical Center’s Helix Park dedicated to commercializing lifesaving medical technologies from the Launch Pad; and Rice Nexus, an AI-focused "innovation factory" at the Ion.

The university has also inked partnerships with other tech giants in recent months. Rice's OpenStax, a provider of affordable instructional technologies and one of the world’s largest publishers of open educational resources, partnered with Microsoft this summer. Google Public Sector has also teamed up with Rice to launch the Rice AI Venture Accelerator, or RAVA.

“This agreement exemplifies Rice University’s dedication to fostering innovation and accelerating the commercialization of groundbreaking research,” Stepp added in the news release.

View All Listings