A Rice University course on fostering innovation at your company, investor Q&As, a summit for drone and robotics within the energy industry, and more online events not to miss this month. Getty Images

Virtual events at this point has become the new normal for Houston's innovation ecosystem. From interactive Q&As and virtual pitches to online courses and panels, here's what's in store for Houston entrepreneurs this month.

July 1 — The Ion Smart and Resilient Cities Accelerator Cohort 2 Demo Day

The Ion Smart and Resilient Cities Accelerator Cohort 2's Demo Day will be filled with sessions that speak to Cohort 2's themes of air quality, water purification, and cleantech efforts in Houston. These sessions will feature the work that is currently being done, and highlight the work that needs to be done.

Details: This event takes place Wednesday, July 1, from 9 a.m. to 5 p.m. Learn more.

July 8 — HXTV'S HouTech Talks ft. AvidXchange

Tyler Gill and Chris Elmore of AvidXchange join HXTV for a live Q&A that will tackle the big questions on everyone's mind, like how founders should adjust in the face of the pandemic and what fundraising will look like once the pandemic loosens its grip.

Details: This event takes place Wednesday, July 8, from 1 to 2 pm. Learn more.

July 9 — Intro to Investing & Ask Me Anything with Dumb Money and Joshua Baer

Join Capital Factory as they walk you through the ins and outs of investing in startups, stocks, and more with guest speakers from Dumb Money.


Details: This event takes place Thursday, July 9, from 2 to 3:30 pm.Learn more.

July 11 — Enventure Basecamp: Business Building Workshop

Enventure's community-driven business building basecamp series returns this June to support a local innovator construct their healthcare venture. This month, BioVentures team DiaPacer is featured.

Details: This event takes place Saturday, July 11, from 9 a.m. to noon. Learn more.

July 14 — HXTV's VC Ask Me Anything Virtual Event featuring Plug and Play

In this virtual event, Neda Amidi, Milad Malek, and Payal Patel will share information about Plug and Play's investment activities and other plans in Houston.

Details: This event takes place Tuesday, July 14, from 5 to 6 p.m. Learn more.

July 14-16 — Energy Drone & Robotics Virtual Summer Summit

Ahead of its fall summit, Energy Drone & Robotics is bringing live industry keynotes, asset owner panels, moderated discussion groups, 1:1 meetings, demos and use cases with hardware, software and service solution providers virtually.

Details: This event takes place Tuesday, July 14, to Thursday, July 16. Learn more.

July 15 — Maintaining an Ecosystem in a Time of Uncertainty

At this event, General Assembly is hosting local leaders to discuss how they are coping with the COVID-19 devastation and what they're doing to maintain community and interaction within their groups.

Details: This event takes place Wednesday, July 15, from 6 to 7:30 p.m.Learn more.

July 16 — HXTV's VC Ask Me Anything Virtual Event featuring Bowery Capital

Bowery Capital is an early-stage venture capital investor focused exclusively on founders looking to modernize business through technology. The live Q&A that will tackle the big questions on everyone's mind, like how founders should adjust in the face of the pandemic and what fundraising will look like once the pandemic loosens its grip.

Details: This event takes place Thursday, July 16, from 3 to 4 pm. Learn more.

July 16-17 — MassChallenge's Virtual Showcase

Hear from all 56 startups in the Houston cohort as well as the Boston, Austin, and Rhode Island cohorts. The showcase environment is a premier opportunity for hear directly from the founding teams and get a sneak peek at the future of business and technology. At the center of the event will be the startup demo booths where each company will actively pitch their mission and business to event guests.

Details: This event takes place Thursday, July 16, to Friday, July 17, from noon to 3 p.m. Learn more.

July 17 — Open Innovation and Problem-Solving in an Organization

Open innovation enables firms to leverage data, talent and expertise to rapidly generate new ideas, solve problems and find efficiencies. This Rice University course will help business leaders identify urgent and critical problems amenable to open innovation solutions and develop creative strategies and implementation through open innovation.

Details: This event takes place Friday, July 17, from 9 to 11 a.m. Learn more.

July 29 — Transition into Tech (For Oil and Gas Professionals)

What happens when you've realized it's time for a change? For many, it can be as simple as a new look, a new restaurant, or a trip out of town. But what about when it's your career and livelihood that needs to be revamped? This can happen for any number of reasons, but the challenges and questions remain the same - what's next and how do I get there?

Details: This event takes place Wednesday, July 29, from 6 to 7:30 p.m.Learn more.

An innovative post office renovation, self-driving cars, and July business events were all among the trending stories for this week. Photo courtesy of Lovett Commercial

5 most popular innovation stories in Houston this week

What's Trending

Closing up on a holiday week, laptops are probably closed and phones put away to enjoy a long weekend. However, before you check out from the world, scroll through the trending innovation news highlights from the past week.

New technology gives this Houston hospital a competitive edge

A new prostate cancer treatment at Houston Methodist is enhancing the system's patient care. Getty Images

As the top ranking hospital in Texas and one of the biggest employers in Houston, Houston Methodist Hospital is poised to treat the thousands of Texan men who will be diagnosed with prostate cancer this year.

Building on its legacy of delivering advanced cancer treatment, the healthcare giant is one of the first hospitals in the United States to offer men a benign approach to treating localized prostate cancer, using high intensity focused ultrasound, or HIFU. HIFU is a minimally invasive procedure that allows patients to maintain their quality of life with potentially fewer side effects. Read more.

METRO launches self-driving shuttle, Data Gumbo hires new exec, and more Houston innovation news

METRO launches a driver-less route, Houston biotech company raises millions, and more quick innovation news. Courtesy of METRO

So much Houston innovation news — so little time. In order to help keep in touch with all the news happening among startups and technology in Houston, we're hitting the highlights in this innovation news roundup. Read more.

10+ can't-miss Houston business and innovation events for July

From enlightening talks to networking opportunities, here's where you need to be in July. Getty Images

If you were hoping that business events would slow down for the summer, keep hoping. While you're probably getting plenty of OOO emails during your daily communications, there's no shortage of face-to-face opportunities within Houston business and innovation. Read more.

Houston to be home to one of the world's largest rooftop gardens after downtown post office's renovations

Post Houston will be site of one of the world's largest rooftop gardens. Photo courtesy of Lovett Commercial

Downtown Houston will soon have one of the largest rooftop gardens and farms in the world, thanks to the innovative reimagining of a forgotten structure. The Barbara Jordan Post Office, the massive government building nestled in the Theater District, will be transformed into a bustling, dynamic, mixed-use complex that's meant to become the city's new urban ecosystem.

At an official groundbreaking, Lovett Commercial revealed the plans for the more than 550,000-square-foot building, which was formerly the epicenter of the city's mail system from 1936 to 2014. The post office will fittingly become Post Houston and will house a concert venue, retail and office concepts, restaurants, bars, an international market hall, and a flexible co-working space.

Hospitality startup adds a new luxe approach to Houston's apartment rental market

Lodgeur provides its guests with hotel luxury with room to breathe. Courtesy of Lodgeur

In 2018, Houston set a new tourism record with 22.3 million visitors to the city. That same year, Sébastien Long was finishing his Cambridge thesis on home-sharing companies like Airbnb and falling in love with a classmate. When the couple moved to Houston after graduation, Long brought his ideas with him, and that's how Lodgeur was born.

Lodgeur works as an upscale home-sharing startup that offers luxury apartments in midtown and downtown Houston for nightly rent. It doesn't replace Airbnb; customers can browse through and book the properties through the familiar website. Read more.

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Future-focused Houston nonprofit names new leader

taking the helm

A nonprofit organization dedicated to leading Houston into the future has named its next leader.

The Center for Houston’s Future named David Gow as president and CEO, succeeding Brett Perlman, who was announced in April to be remaining at the Center with a focus on the Center’s hydrogen initiative. Gow is the founder and chairman of Gow Media, InnovationMap's parent company. His role is effective September 3.

“I am excited to step into this opportunity with the Center and work with the team, the board and many other stakeholders to help shape Houston’s future,” Gow says in a news release. “The Center presents an exciting opportunity to cast a vision for our region and identify initiatives that will make an impact.”

Gow — whose career includes a portfolio of online media properties and ESPN Radio — is a board member of Goose Capital and chair of MSAI, an entity he formed through a SPAC acquisition. Before he founded Gow Media, he served as CFO and CEO of an online watch retailer, Ashford.com. Prior to Ashford, Gow was director of corporate strategy at Compaq Computers and a consultant at McKinsey & Co. He received his master’s in public policy from Harvard and his bachelor's in economics from Williams College.

“David’s portfolio of experiences and skills, record of innovation and success, and deep commitment to the Houston community make him the perfect fit to lead the Center as we chart and execute on our next set of initiatives focused on ensuring a bright future for all residents in the Houston region,” adds Center for Houston’s Future Board Chair Cindy Yeilding.

In his new role, Gow will lead the Center’s next effort, Vision 2050, which plans to identify the city's key issues, gaps, and opportunities.

“Today’s announcement also reflects the success of the Center’s clean hydrogen program,” Yeilding continues. “On behalf of the Center’s board, I’d also like to recognize Brett for launching and building such a successful and important effort as well as his overall leadership and record of achievement at the Center these past seven years.”

Growing Houston energy startup scales local office presence

settling in

On the heels of landing more than $240 million in venture capital, Houston-based geothermal power provider Fervo Energy has more than quadrupled the size of its headquarters.

Fervo previously occupied 5,158 square feet at 114 Main St. in downtown Houston. The company recently left the Main Street space and leased 23,782 square feet at downtown Houston’s 910 Louisiana office tower. Houston-based commercial real estate company Hines owns and manages the 50-story former One Shell Plaza.

“We believe Houston is the center of the energy transition, and downtown Houston has long been its center of activity,” Tim Latimer, co-founder and CEO of Fervo Energy, says in a news release. “The availability of dining options, parks, and biking infrastructure continue to be great assets and a huge draw for our team. For these reasons and more, the only place for Fervo’s headquarters is downtown Houston.”

In February 2024, Fervo announced it had raised $244 million in an investment round led by Oklahoma City, Oklahoma-based hydrocarbon exploration company Devon Energy. Fervo has collected $431 million in funding since its founding in 2017.

Energy companies like Fervo occupy about 43 percent of office space in downtown Houston, according to a new report from the Downtown Houston+ organization. Nineteen new tenants set up shop last year in downtown Houston, with 10 of them operating in the energy sector.

Other energy companies that recently leased office space in downtown Houston include:

  • AES Clean Energy
  • Axip Energy Services
  • EnLink Midstream
  • MRC Global
  • Repsol Renewables
  • Stonepeak

Chevron to relocate HQ, executives to Houston

big move

The Energy Capital of the World is adding another jewel to its corporate crown.

With the impending move of Chevron’s headquarters from Northern California to Houston, the Houston area will be home to 24 Fortune 500 companies. Chevron ranks 15th on this year’s Fortune 500.

Oil and gas giant Chevron, currently based in San Ramon, California, will join three Fortune 500 competitors that already maintain headquarters in the Houston area:

  • Spring-based ExxonMobil, No. 7 on the Fortune 500
  • Houston-based Phillips 66, No. 26 on the Fortune 500
  • Houston-based ConocoPhillips, No. 68 on the Fortune 500

Chevron, which posted revenue of $200.9 billion in 2023, employs about 7,000 people in the Houston area and about 2,000 people in San Ramon. The company says its chairman and CEO, Mike Wirth, and vice chairman, Mark Nelson, will move to Houston before the end of 2024.

In an interview with The Wall Street Journal, Wirth acknowledged Chevron’s differences of opinion with California policymakers regarding energy matters.

“We believe California has a number of policies that raise costs, that hurt consumers, that discourage investment and ultimately we think that’s not good for the economy in California and for consumers,” Wirth said.

Chevron expects all of its corporate functions to shift to Houston over the next five years. Jobs that support the company’s California operations will remain in San Ramon, where Chevron employs about 2,000 people. Some Chevron employees in San Ramon will relocate to Houston.

The company’s move to Houston hardly comes as a surprise. Speculation about a relocation to Houston intensified after Chevron sold its 98-acre San Ramon headquarters in 2022 and moved corporate employees to leased office space. Over the past several years, Chevron has shifted various corporate functions to Houston.

“This is just the final step that many industry observers were waiting to happen,” Ken Medlock, senior director of the Baker Institute’s Center for Energy Studies at Rice University, says in a news release.

“To start, Houston provides a world-class location for internationally focused energy companies, which is why there is such a massive international presence here,” Medlock adds. “Texas is also the nation’s largest energy producer across multiple energy sources and is poised to lead in emerging opportunities such as hydrogen and carbon capture, so Houston is a great place for domestically focused activities as well.”

The announcement of Chevron’s exit from California comes just a year after ExxonMobil finalized its relocation from Irving to Spring.

“Chevron’s decision to relocate its headquarters underscores the compelling advantages that position Houston as the prime destination for leading energy companies today and for the future,” Steve Kean, president and CEO of the Greater Houston Partnership, says in a post on the organization’s website.

“With deep roots in our region,” he adds, “Chevron is [a] key player in establishing Houston as a global energy leader. This move will further enhance those efforts.”

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This article originally ran on EnergyCapital.