The Houston Food Bank app aims to help optimize access to resources for the thousands of food insecure Houstonians. Photo via houstonfoodbank.org

In many ways, it was a perfect storm. Pariveda Solutions, a Dallas-based management consulting firm that specialized in helping its client maximize performance, reached out to the Houston Food Bank about offering some of its interns for a project. The Food Bank, long a pioneer and foot soldier in the fight to end food insecurity and hunger for the region's residents, had been considering ways to harness technology to better serve the needs of its clients.

"It was a fantastic opportunity for us," says Casey Ferrell, the Houston Food Bank's director of information technology, about the opportunity. "And we thought an app would be the best thing for the intern team to work on."

Five Pariveda interns worked over the summer on the app, which taps into Amazon Web Services, which the Food Bank was already using.

"Since the Houston Food Bank was already using AWS, this fit into where they wanted to go," explains Kevin Moorman, principal consultant for Pariveda. "The app uses GPS location services to help connect people who need the Food Bank's services with the closest location that can help them."

Across the Houston region, more than one million people are food insecure, lacking reliable access to nutritious food. Through its network of more than 1,500 community partners, the Houston Food Bank leads the fight against hunger by providing food assistance across its 18-county coverage area in southeast Texas. The Food Bank partners with thousands of entities, from soup kitchen to meal sites to shelters. Every year, the Houston Food Bank helps feed 800,000 individuals. There is a lot of need, and there are a lot of sites around the region that can aid people lacking food.

The app, in addition to pinpointing locations that can provide food for those in need, also allows people to make appointment with Food Bank staff. Currently, those appointments are on a walk-in basis, and clients are seen on a first-come, first served basis. With the launch of the app earlier this month, Ferrell says the organization has launched a pilot program with its Portwall location to allow clients to make appointments via the app. In the future, they should be able to make appointments all more Houston Food Bank locations.

"We actually did a soft launch back in October, says Ferrell. "And now, we have more than 3,000 downloads and 2,500 monthly users. The app lets them see open times for appointments, as well as contact information for locations."

Ferrell says the feedback from users has been positive. In particular, they enjoy the ability to receive updates about their appointments. But the app also provides for a greater user experience, allowing clients the chance to set things up as it makes sense for them and their daily schedules.

"We've also heard from other food banks who are looking to do something similar," says Ferrell. "So, we're looking forward to sharing our experiences with them."

Pariveda Solutions' 11-week internship program, offered each summer, is focused on making an impact to the community. The app last summer's intern cohort created is a first because it integrates with the database housed on AWS and reaches new communities.

"Working with Houston Food Bank gave us the opportunity to impact the Houston community at a large scale," says Allison Esenkova, Houston vice president for Pariveda Solutions in a press release announcing the app. "It provided a platform for our interns to learn the world of consulting while giving back in a way that impacts the Houston community to reduce hunger."

The internship was also an important opportunity for students to get hands-on experience not only in building an app, but also to get experience working with a client, listening to feedback and coming up with solutions to challenges.

"We want our interns to have as much real-world experience as possible," says Moormann. "This not only provided that, but has wonderful value for the end user. The app makes the process of finding services much smoother for those who need them."

Ferrell says that as the app is updated, the Houston Food Bank hopes to be able to use it to engage volunteers, as well as provide places where clients can rate their experiences at various food pantries.

"This has been a great value to us," says Ferrell. "And it allows us to provide better services to our clients."


The app connects the user to the Houston Food Bank and also provides more information about resources.

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8+ can't-miss Houston business and innovation events in April

where to be

Editor’s note: Houston's weeklong innovation festival kicks off April, followed by Rice University's globally recognized pitch competition returning for its 26th year. Plus, find coworking pop-ups, industry meetups, pitch battles and even a crawfish boil on the calendar. Here’s what not to miss and how to register. Please note: this article might be updated to add more events.

March 30-April 4 — H-Town Roundup

Celebrate innovation, entrepreneurship and collaboration at Houston Exponential's sixth-annual H-Town Roundup. During the free event series, previously known as Houston Tech Rodeo, attendees can expect insightful talks, workshops and networking events at venues across the city.

This event began March 30. Register here.

April 2 — Industrious Coworking Day

Enjoy a complimentary day of cowering at Industrious and network with professionals at the Ion. Breakfast, snacks, wifi and workspace tours are included. Following the cowering day, Industrious will host happy hour at Second Draught from 4-6 p.m.

This event is Thursday, April 2, from 8:30 a.m.-5 p.m. at the Ion. Register here.

April 2 — Technology Summit for Women

The fourth annual Women in Tech Cummil will feature speakers across three core tracks: Transformation + Digital strategy, Cyber + Risk + Resilience, and AI in Practice. Pearl Chu, director of technical domains and university relations at SLB, will give the opening remarks. Other panelists come from CenterPoint Energy, BP, Technip Energies and other leading companies.

This event is Thursday, April 2, from 2-5 p.m. at the Ion. Register here.

April 8 — Veterans Business Battle

Hear pitches from veterans and entrepreneurs as they compete for more than $10 million in investments at Rice Businesses' 12th annual Veterans Business Battle. This year, the two-day event will also feature a Small Business Expo, which invites Houston-based, veteran-owned businesses to participate in education, networking and the opportunity to showcase their business. Moonshots Capital and Mercury Fund will also host a fireside chat.

This event begins Wednesday, April 8, at 11 a.m. at the Ion. Click here to register.

April 9-11 — Rice Business Plan Competition

The Rice Alliance for Technology and Entrepreneurship will host the 26th annual Rice Business Plan Competition this month. Forty-two student-led teams from around the world, including one team from Rice, will present their plans before more than 300 angel, venture capital, and corporate investors to compete for more than $1 million in prizes.

This event begins Thursday, April 9. Find more information here.

April 10 — BioHouston Chili Cookoff

Connect with Houston's life sciences community at BioHouston's 21st annual chili cookout. This event is geared toward startup founders, researchers and industry veterans alike.

This event is Friday, April 10, from noon-4 p.m. at Bayou City Event Center. Register here.

April 14 — Mercury Fund Day at the Ion: Agentic Commerce

Don’t miss the latest installment of Mercury Fund Day at the Ion, previously known as Software Day. The recurring monthly event features office hours (by application), a keynote and networking opportunities. This month's topic focuses on agentic commerce.

This event is Tuesday, April 14, from 3:30-7 p.m. at the Ion. Register here.

April 19 – UH Energy Industry Crawfish Boil

Head to the UH Cullen College of Engineering Green Space for the 35th annual UH Energy Industry Crawfish Boil. The event will include a student showcase, STEM activities, a kids zone, live music, networking and, of course, crawfish. Proceeds from the event will support the multidisciplinary capstone fund that aims to increase professional readiness for Cullen College engineering and technology students.

This event is Sunday, April 19, from 1-5 p.m. at the Cullen College of Engineering Green Space. Find more information here.

April 24 — Rice Business Healthcare Conference

Leading experts, innovators and the next generation of healthcare leaders will converge at the Rice Business Healthcare Conference. Hosted by the Rice Business Healthcare Association, the conference will explore AI's potential impact on the sector.

This event is Friday, April 24, from 8 a.m.-2 p.m. at McNair Hall on Rice University's campus. Find more information here.

Houston unicorn closes $421M to fuel first phase of flagship energy project

Heating Up

Houston geothermal unicorn Fervo Energy has closed $421 million in non-recourse debt financing for the first phase of its flagship Cape Station project in Beaver County, Utah.

Fervo believes Cape Station can meet the needs of surging power demand from data centers, domestic manufacturing and an energy market aiming to use clean and reliable power. According to the company, Cape Station will begin delivering its first power to the grid this year and is expected to reach approximately 100 megwatts of operating capacity by early 2027. Fervo added that it plans to scale to 500 megawatts.

The $421 million financing package includes a $309 million construction-to-term loan, a $61 million tax credit bridge loan, and a $51 million letter of credit facility. The facilities will fund the remaining construction costs for the first phase of Cape Station, and will also support the project’s counterparty credit support requirements.

Coordinating lead arrangers include Barclays, BBVA, HSBC, MUFG, RBC and Société Générale, with additional participation from Bank of America, J.P. Morgan and Sumitomo Mitsui Trust Bank, Limited, New York Branch.

“As demand for firm, clean, affordable power accelerates, EGS (Enhanced Geothermal Systems) is set to become a core energy asset class for infrastructure lenders,” Sean Pollock, managing director, project Finance at RBC Capital Markets, said in a news release. “Fervo is pioneering this step change with Cape Station, a vital contribution to American energy security that RBC is proud to support.”

The oversubscribed financing marks Cape Station’s shift from early-stage and bridge funding to a long-term, non-recourse capital structure, according to the news release.

“Non-recourse financing has historically been considered out of reach for first-of-a-kind projects,” David Ulrey, CFO of Fervo Energy, said in a news release. “Cape Station disrupts that narrative. With proven oil and gas technology paired with AI-enabled drilling and exploration, robust commercial offtake, operational consistency, and an unrelenting focus on health and safety, we have shown that EGS is a highly bankable asset class.”

Fervo continues to be one of the top-funded startups in the Houston area. The company has raised about $1.5 billion prior to the latest $421 million. It also closed a $462 million Series E in December.

According to Axios Pro, Fervo filed for an IPO that would value the company between $2 billion and $3 billion in January.

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This article first appeared on EnergyCapitalHTX.com.

Houston food giant Sysco to acquire competitor in $29 billion deal

Mergers & Acquisitions

Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion.

The acquisition would create a closer link between Sysco and its customers that right now turn to Restaurant Depot for supplies needed quickly in an industry segment known as “cash-and-carry wholesale.”

Sysco, based in Houston, serves more than 700,000 restaurants, hospitals, schools, and hotels, supplying them with everything from butter and eggs to napkins. Those goods are typically acquired ahead of time based on how much traffic that restaurants typically see.

Restaurant Depot offers memberships to mom-and-pop restaurants and other businesses, giving them access to warehouses stocked with supplies for when they run short of what they've purchased from suppliers like Sysco.

It is a fast growing and high-margin segment that will likely mean thousands of restaurants will rely increasingly on Sysco for day-to-day needs.

Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. Based on Sysco’s closing share price of $81.80 as of March 27, 2026, the deal has an enterprise value of about $29.1 billion.

Restaurant Depot was founded in Brooklyn in 1976. The family-run business then known as Jetro Restaurant Depot, has become the nation's largest cash-and-carry wholesaler.

The boards of both companies have approved the acquisition, but it would still need regulatory approval.

Shares of Sysco Corp. tumbled 13% Monday to $71.26, an initial decline some industry analysts expected given the cost of the deal.