Here's your one-stop shop for innovation events in Houston this month. Photo via Getty Images

It's fully summer here in Houston, and the city's business community is mixing in networking and conference events with family vacations and time off. Here's a rundown of what all to throw on your calendar for June when it comes to innovation-related events.

This article will be updated as more business and tech events are announced.

June 1 — Houston Veterans In Residence Showcase

Bunker Labs’ Veterans in Residence Showcase is a nationwide event spanning across 23 cities and 3 virtual cohorts, celebrating over 400 veteran and military spouse entrepreneurs launching their startups and businesses from our recent cohort. It gives you a chance to network with local participants. Become part of your local business community and learn how you can get involved by patronizing, investing in, or partnering up with our veterans and military spouse entrepreneurs.

The event is Wednesday, June 1, 6 to 8 pm, at WeWork Jones Hall. Click here to register.

June 1 — SportsTech Meetup + Happy Hour

Join us for a meetup and happy hour to socialize with fellow entrepreneurs and business owners in SportsTech. The event is hosted by Pokatok, a new sports tech startup focused on elevating sports innovation in Houston.

The event is Wednesday, June 1, 4 to 6 pm, at The Cannon Sports. Click here to register.

June 2 — Building a Talent Strong Texas, a Special UpSkill Works forum 

Dr. Harrison Keller, Commissioner of Higher Education, is fresh off the Texas Higher Education Coordinating Board's release of its Building a Talent Strong Texas plan, which elevates the critical importance of post-secondary education and continued skills development.

The event is Thursday, June 2, noon to 1 pm, online. Click here to register.

June 8 — Carbon to Value Initiative Year 2 Kickoff

Year 2 of the C2V Initiative builds on its successful first year in 2021 that led to partnerships, technology advancement, and industry growth. Join us, together with Fluor Corporation, a leading global engineering, procurement and construction (EPC) company, as we kick off year 2 of this exciting program, which will connect the selected startups with experts, resources, and programming to help them achieve their commercial and technical milestones!

The event is Wednesday, June 8, 6 to 8 pm, at Greentown Houston. Click here to register.

June 8 — Illuminate Houston: An Innovation Conversation

Illuminate Houston is an event series highlighting business leaders who challenge the way we think about the future. Illuminate Houston features dynamic formats where speakers and attendees discuss trends, technologies and issues that define how we do business. The Partnership welcomes Gaurab Chakrabarti, CEO and Co-founder of Solugen on Wednesday, June 8.

The event is Wednesday, June 8, noon to 1 pm, online. Click here to register.

June 8 — High Performance Institute Information Session

Join The Ion as we hear from High Performance Institute and how we are working to build a partnership for the community.

The event is Wednesday, June 8, 4 to 6 pm, at the Ion. Click here to register.

June 9 — Sip & Socialize, brought to you by partner of The Cannon, Dell for Startups

Enjoy some cocktails from partner of The Cannon, Dell for Startups, and learn more about the upcoming pitch competition on June 29th.

The event is Thursday, June 9, 4:30 to 6:30 pm, at The Powder Keg (1300 Brittmoore Rd). Click here to register.

June 16 — Transition On Tap: In Partnership with The Veterans Advanced Energy Project

Greentown Houston is hosting a special Transition On Tap in partnership with The Veterans Advanced Energy Project. Some of America's best talent joined the military to serve and deploy to combat in a time of national crisis. Now those same veterans are entering the energy transition for their next tour of duty. While the climate crisis is a call to serve, the energy transition is also a massive economic opportunity these young leaders are running towards. Learn from the panel of experienced professionals and meet other like-minded individuals passionate about the energy transition.

The event is Thursday, June 16, 5 to 8 pm, at Greentown Labs Houston (4200 San Jacinto St). Click here to register.

June 20-22 — 6th Annual Energy Drone & Robotics Summit

The Energy Drone & Robotics Summit is the largest event in the world for UAVs, Robotics & Data/AI/ML, exclusively focused on the business and technology of unmanned systems, automation and data/AI in energy & industrial operations. Over the last 5 years, it has grown to the most influential gathering of industrial, energy and engineering leaders from around the globe where the key challenges & solutions are addressed for operating drones, satellites, and robotics successfully and managing/making data actionable, from the stars to the sea floor.

The event is Monday-Wednesday, June 20-22, at the Woodlands Marriott. Click here to register.

June 22 — Houston Startup Showcase

The Houston Startup Showcase is a year-long series of monthly pitch competitions. Founders will pitch LIVE AT THE ION and compete for the grand prize package. Watch the startups pitch their company and see who the judges will name the champion of Houston Startup Showcase 2022.

The event is Wednesday, June 22, 2:45 to 5:30 pm, at the Ion. Click here to register.

June 28 — Future of Global Energy: Innovation District Reception and Tour

Day one of the Future of Global Energy Conference Presented by Chevron begins offers a special tour and reception in the heart of Houston's innovation district highlighting some of the key venues that are propelling energy transition forward here in Houston. Attendees will tour Greentown Labs and The Ion.

The event is Thursday, June 2, 2:45 to 5:30 pm, at the Houston Innovation District. Click here to register.

June 28-30 — The Future of Global Energy: Houston’s Role in Leading the Energy Transition Presented by Chevron

To highlight Houston's role in the global energy transition, the Greater Houston Partnership and Center for Houston's Future will host a dynamic three-day conference providing global and national context on the changing energy landscape and highlight Houston's leadership in the global energy transition.

The event is Tuesday-Thursday, June 28-30, and is a hybrid event. Click here to register.

June 29 — Alumni Napier Rice Launch Challenge 2022

Join Liu Idea Lab for Innovation and Entrepreneurship and support Rice University alumni startups at the H. Albert Napier Rice Launch Challenge (NRLC) virtual Championships on Wednesday, June 29. Six alumni finalists will pitch their ventures for the chance to win equity-free funding.

The event is Wednesday, June 29, 6 to 8 pm, online. Click here to register.

June 29 — Panel & Pitch Competition, Sponsored by Dell for Startups

As part of the tour, the Dell for Startups team will be stopping by Houston in partnership with The Cannon to host a Houston Founder Pitch Competition. Eight startups from all across the city will compete for $25,000 worth of prizes is taking place at The Cannon.

The event is Wednesday, June 29, 4 to 7:30 pm, at the Cannon West Houston. Click here to register.

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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.

Houston researcher builds radar to make self-driving cars safer

eyes on the road

A Rice University researcher is giving autonomous vehicles an “extra set of eyes.”

Current autonomous vehicles (AVs) can have an incomplete view of their surroundings, and challenges like pedestrian movement, low-light conditions and adverse weather only compound these visibility limitations.

Kun Woo Cho, a postdoctoral researcher in the lab of Rice professor of electrical and computer engineering Ashutosh Sabharwal, has developed EyeDAR to help address such issues and enhance the vehicles’ sensing accuracy. Her research was supported in part by the National Science Foundation.

The EyeDAR is an orange-sized, low-power, millimeter-wave radar that could be placed at streetlights and intersections. Its design was inspired by that of the human eye. Researchers envision that the low-cost sensors could help ensure that AVs always pick up on emergent obstacles, even when the vehicles are not within proper range for their onboard sensors and when visibility is limited.

“Current automotive sensor systems like cameras and lidar struggle with poor visibility such as you would encounter due to rain or fog or in low-lighting conditions,” Cho said in a news release. “Radar, on the other hand, operates reliably in all weather and lighting conditions and can even see through obstacles.”

Signals from a typical radar system scatter when they encounter an obstacle. Some of the signal is reflected back to the source, but most of it is often lost. In the case of AVs, this means that "pedestrians emerging from behind large vehicles, cars creeping forward at intersections or cyclists approaching at odd angles can easily go unnoticed," according to Rice.

EyeDAR, however, works to capture lost radar reflections, determine their direction and report them back to the AV in a sequence of 0s and 1s.

“Like blinking Morse code,” Cho added. “EyeDAR is a talking sensor⎯it is a first instance of integrating radar sensing and communication functionality in a single design.”

After testing, EyeDAR was able to resolve target directions 200 times faster than conventional radar designs.

While EyeDAR currently targets risks associated with AVs, particularly in high-traffic urban areas, researchers also believe the technology behind it could complement artificial intelligence efforts and be integrated into robots, drones and wearable platforms.

“EyeDAR is an example of what I like to call ‘analog computing,’” Cho added in the release. “Over the past two decades, people have been focusing on the digital and software side of computation, and the analog, hardware side has been lagging behind. I want to explore this overlooked analog design space.”