Education company launches innovative virtual platform at Houston school

back to school

Kïdo Home, a virtual education platform, has launched out of a Houston-area school. Photo via Getty Images

The coronavirus pandemic has spawned an array of digital innovations in education, and one of those innovations has been hatched right here in Houston.

Kïdo, an international network of preschools, recently introduced its first-ever virtual learning platform, with Kïdo's school in Rice Village serving as the U.S. launchpad. The new platform, called Kïdo Home, is offering free trials for parents in the Houston, Austin, and Dallas-Fort Worth areas. Kïdo Home is in the midst of enrolling students nationwide.

The virtual platform in the U.S. rolled out August 7, with classes starting Sept. 1. The Kïdo Home platform already had been up and running in Dubai, Hong Kong, and London, where Kïdo operates brick-and-mortar schools.

Kïdo Home is made up of small-group classes held online and led by trained instructors. Given the massive interruption of in-person education caused by the pandemic, the platform fills a void for 2- to 6-year-olds.

A study conducted this summer by the National Institute for Early Education Research at Rutgers University's Graduate School of Education found U.S. preschoolers were losing two to four months of critical learning due to pandemic-provoked school closures. According to a nationwide survey of parents, nearly three-fourths of American preschoolers had been affected by pandemic shutdowns that started in March. Many parents reported their distance-learning alternatives were lacking, with less than half receiving support for virtual learning within two months of preschool closures.

"Perhaps 10 percent of preschool children received a robust replacement for in-person preschool attendance," Steve Barnett, senior co-director of the Rutgers institute, says in a release.

Kïdo's Rice Village school serves as the U.S. launchpad for the new platform. Photo via kido.school

Adapted from the Kïdo Early Years Program — which blends the Waldorf Steiner, Reggio Emilia, and Montessori methodologies — Kïdo Home is designed to foster imagination, social well-being, motor skills, and creativity in students through its year-long curriculum.

Kïdo Home's key features include interactive touchscreen literacy and math modules, weekly one-on-one sessions with accredited instructors, and monthly home-activity kits covering art, STEM, literacy, and physical development. Those kits complement the online learning components.

Parents receive weekly updates and monthly assessments regarding their child's progress in the virtual program.

"We saw the need to provide a high-quality, affordable, and engaging virtual learning platform months ago when the pandemic was impacting our preschools in Hong Kong," Houston-based Deepanshu Pandita, U.S. CEO of Kïdo, says in a release. "We've conducted in-depth research that showcases the importance of investing in early childhood education, what the right amount of screen time is, and how to keep children engaged remotely."

Kïdo Home's daily two-hour, real-time video lessons eventually will include second-language immersion, just like Kïdo's brick-and-mortar schools do.

The average class ratio for Kïdo Home is around one instructor for every eight students. Minimal to no parental support is required during these classes. The program costs $350 a month.

Kïdo operates brick-and-mortar locations in Houston, Austin, Hong Kong, Dubai, and London, all of which are open. The Houston school, Kïdo's first in the U.S., debuted in May. The Austin location opened in July. Although a free trial of the virtual platform is available in Dallas-Fort Worth, Kïdo doesn't have a school there.

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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.”

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