Kodiak Robotics has formed Kodiak AI, whose stock now trades on the Nasdaq market. Photo via kodiak.ai.

Autonomous truck company with Houston routes goes public

on a roll

Kodiak Robotics, a provider of AI-powered autonomous vehicle technology, has gone public through a SPAC merger and has rebranded as Kodiak AI. The company operates trucking routes to and from Houston, which has served as a launchpad for the business.

Privately held Kodiak, founded in 2018, merged with a special purpose acquisition company — publicly held Ares Acquisition Corp. II — to form Kodiak AI, whose stock now trades on the Nasdaq market.

In September, Mountain View, California-based Kodiak and New York City-based Ares disclosed a $145 million PIPE (private investment in public equity) investment from institutional investors to support the business combo. Since announcing the SPAC deal, more than $220 million has been raised for the new Kodiak.

“We believe these additional investments underscore our investors’ confidence in the value proposition of Kodiak’s safe and commercially deployed autonomous technology,” Don Burnette, founder and CEO of Kodiak, said in a news release.

“We look forward to leading the advancement of the commercial trucking and public sector industries,” he added, “and delivering on the exciting value creation opportunities ahead to the benefit of customers and shareholders.”

Last December, Kodiak debuted a facility near George Bush Intercontinental/Houston Airport for loading and loading driverless trucks. Transportation and logistics company Ryder operates the “truckport” for Ryder.

The facility serves freight routes to and from Houston, Dallas and Oklahoma City. Kodiak’s trucks currently operate with or without drivers. Kodiak’s inaugural route launched in 2024 between Houston and Dallas.

One of the companies using Kodiak’s technology is Austin-based Atlas Energy Solutions, which owns and operates four driverless trucks equipped with Kodiak’s driver-as-a-service technology. The trucks pick up fracking sand from Atlas’ Dune Express, a 42-mile conveyor system that carries sand from Atlas’ mine to sites near customers’ oil wells in the Permian Basin.

Altogether, Atlas has ordered 100 trucks that will run on Kodiak’s autonomous technology in an effort to automate Atlas’ supply chain.

Houston is now home to Kodiak and Ryder's autonomous "truckport" facility. Photo courtesy of Kodiak

Tech company opens first autonomous trucking facility in Houston

load up

In a major step toward driverless freight trucks hitting Houston-area roads, a facility for loading and unloading autonomous trucks opened recently near George Bush Intercontinental/Houston Airport

Miami-based transportation and logistics company Ryder operates the “truckport” for Mountain View, California-based Kodiak Robotics, which runs a network of autonomous freight trucks. The facility, located at 888 E. Airtex Dr., opened in December. It’s next to a Ryder maintenance center.

“The truckport can currently receive several truckloads per day, and the size of the Ryder facility provides the opportunity to scale much larger than that,” says Daniel Goff, director of external affairs at Kodiak.

“The number of employees stationed at the facility fluctuates day by day,” Goff adds. “Kodiak’s team that staffs the facility in this initial phase operates on a flexible schedule to align with the needs of the trucks that are utilizing the truckport.”

The Houston site is the first Kodiak truckport to be located at a Ryder facility. It serves freight routes to and from Houston, Dallas, and Oklahoma City.

Kodiak currently operates all routes with drivers on board, including its Houston-Dallas and Houston-Oklahoma City routes. The company plans to roll out its first driverless operations on Dallas-Houston route later this year, with the new Houston facility serving as a launchpad.

“Ryder’s industry-leading fleet services and vast footprint of service locations makes it an ideal partner as we scale autonomous trucks,” Don Burnette, founder and CEO of Kodiak, says in a news release. “Expanding our network of truckports with Ryder will enable us to operate autonomous trucks at scale with our customers.”

The most recent version of Kodiak’s truck debuted in Las Vegas at the recent 2024 Consumer Electronics Show (CES). Kodiak says the truck is equipped with safety-oriented software and hardware (including braking, steering and sensors).

Kodiak’s sixth-generation truck builds on the company’s track record of real-world testing, which includes carrying 5,000 loads over more than 2.5 million miles.

Founded in 2018, Kodiak has been delivering freight in Texas since mid-2019, including on the Houston-Dallas route. Kodiak announced in 2022 that it had teamed up with Swedish retailer IKEA to pilot autonomous freight deliveries in Texas between the IKEA warehouse in Baytown and the IKEA store in Frisco.

Kodiak Robotics unveiled its driverless semi-truck technology this month, which is expected to hit Texas roads later this year. Photo via Kodiak

Driverless semi-truck tech to launch between Houston and Dallas later this year

coming soon

Kodiak Robotics is scaling up its driverless semi truck, which will initially carry cargo on a Houston-to-Dallas route that’s set to formally launch this year.

The most recent version of Kodiak’s truck debuted in Las Vegas at the recent 2024 Consumer Electronics Show (CES). Mountain View, California-based Kodiak Robotics says the truck is equipped with safety-critical software and hardware (including braking, steering and sensors).

Kodiak’s sixth-generation truck builds on the company’s five years of real-world testing, which includes carrying 5,000 loads over more than 2.5 million miles.

“We’re the first and only company to have developed a feature-complete driverless semitruck with the level of automotive-grade safety redundancy necessary to deploy on public roads,” Don Burnette, founder and CEO of Kodiak, says in a news release.

“Over the course of 2.5 million miles, we’ve successfully demonstrated that our self-driving trucks can withstand the harsh environment of long-haul trucking from both a platform integrity and a software perspective,” he adds. “This truck fundamentally demonstrates that we’ve done the work necessary to safely handle driverless operations.”

Among the highlights of the sixth-generation truck are:

  • A pneumatic braking system controlled by Kodiak’s proprietary software.
  • A redundant steering system.
  • A proprietary safety computer.
  • A redundant power system.
  • Proprietary SensorPods for housing sensors.
  • Microphones designed to detect the presence of the sirens of emergency vehicles and other suspicious sounds.
  • An advanced communication system.

Founded in 2018, Kodiak has been delivering freight in Texas since mid-2019, including a Houston-to-Dallas route. Kodiak announced in 2022 that it had teamed up with Swedish retailer IKEA to pilot autonomous freight deliveries in Texas between the IKEA warehouse in Baytown and the IKEA store in Frisco.

IKEA and Kodiak Robotics have a new pilot program. Photo courtesy of Kodiak

IKEA to test self-driving deliveries between Houston and Dallas

on the go

A California-based driving trucking company has announced a new partnership with IKEA to pilot autonomous freight deliveries in Texas.

Kodiak Robotics and IKEA agreed on a pilot program announced today that will transport IKEA products seven days a week between the IKEA Distribution Center in Baytown and the IKEA Store in Frisco.

"We are proud to be working with Kodiak to achieve our ambitious goals of being at the forefront of innovation and building capabilities for future transportation," says Dariusz Mroczek, category area transport manager of IKEA Supply Chain Operations, in a news release. "Kodiak's technology will contribute towards our objective to put the driver in focus in the transition towards automated transportation and towards our road safety agenda."

The pilot program will flesh out Kodiak's technology, and each vehicle will have a professional safety truck driver behind the wheel to oversee the autonomous delivery.

"IKEA and Kodiak share a commitment to putting safety first," sats Don Burnette, founder and CEO of Kodiak Robotics, in the release. "Together we can enhance safety, improve working conditions for drivers, and create a more sustainable freight transportation system. Adopting autonomous trucking technology can improve drivers' quality of life by focusing on the local driving jobs most prefer to do. We look forward to working with the IKEA carrier partners to bring these benefits to the IKEA supply chain."

Founded in 2018, Kodiak has been delivering freight daily in Texas since mid-2019, which includes a Dallas to Houston, adding a Dallas to San Antonio round last year.

"Dallas will be our home base for testing and operations for the foreseeable future," Burnette said in 2019. "Kodiak plans to continue refining and testing its trucks until the last truck-involved accident happens on public roads."

The company picked Texas for its truck tests, in part, because of the "warm welcome" extended by Gov. Greg Abbott, TxDOT, the Texas Department of Public Safety, the Texas A&M Transportation Institute, and other segments of the public sector, Burnette told InnovationMap.

In addition, Burnette says, Kodiak chose Texas "because of its great people, freight-rich economy, reasonable regulatory structure, and robust infrastructure."

The company wants to make Texas "the home of self-driving trucks." Photo courtesy of Kodiak Robotics

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New 'living pharmacy' biotech company launches out of Rice venture studio

fighting cancer

Rice University’s biotech venture studio RBL LLC has launched a new “living pharmacy” company, Duracyte, designed to make cancer treatment easier on patients.

Backed by an up to $45 million Advanced Research Projects Agency for Health (ARPA-H) award, Duracyte aims to commercialize implantable biohybrid pharmacy devices that are designed to produce therapeutic proteins inside the human body around the clock, replacing the need for regular injections and infusions for some cancer patients.

The company’s main platform is its Hybrid Advanced Molecular Manufacturing Regulator (HAMMR), a rechargeable, implantable device that can sense biological signals, monitor tumor environments and adjust therapeutic output in real time. HAMMR has wireless communication capabilities, which allow patients and clinicians to remotely monitor results through an app every five minutes and make changes to treatment plans without a hosptial visit. Additionally, the device can generate its own oxygen supply, which is key for the therapeutic cells’ survival.

“Biologic medicines such as monoclonal antibodies, cytokines and metabolic regulators already account for a significant share of modern therapeutics, but the way we deliver them today often requires frequent injections or infusions that can be demanding for patients and lead to inconsistent drug levels,” Daniel Anderson, MIT professor and co-founder of Duracyte, said in a news release. “Our vision is to enable a continuous, stable therapy by producing these medicines directly inside the body, which could improve treatment consistency, reduce side effects and ultimately transform how biologic therapies are delivered across many diseases.”

Duracyte’s first clinical trial is slated to begin by the end of 2026 and will focus on recurrent ovarian cancer. The Phase I study will build upon existing work on encapsulated cytokine pharmacy technology, and the company hopes that within a few years this treatment can reach clinical application.

The development of Duracyte is supported by ARPA-H's Targeted Hybrid Oncotherapeutic Regulation (THOR) project, which supports a multidisciplinary research consortium co-led by Omid Veiseh, a professor of bioengineering at Rice. The consortium also includes others at Rice, The University of Texas MD Anderson Cancer Center, Stanford University, Carnegie Mellon University, Northwestern University and the University of Houston, plus industry collaborators like Chicago-based CellTrans.

“What we are building is the culmination of years of progress in cell engineering, biomaterials and implantable device technology,” Veiseh added in the release. “By combining these advances with real-time sensing and adaptive drug delivery, we are working with the support of RBL to create a true ‘living pharmacy’ that can deliver continuous, precisely controlled biologic therapies and fundamentally change how these treatments reach patients.”

RBL launched in 2024 and is based out of Houston’s Texas Medical Center Helix Park. Duracyte is the third company launched by RBL, including Sentinel BioTherapeutics, a clinical-stage immunotherapy company developing localized cytokine therapies for solid tumors, and SteerBio, a regenerative medicine company targeting lymphedema.

“Duracyte exemplifies the kind of breakthrough that Houston’s ecosystem is built to produce,” Paul Wotton, managing partner of RBL LLC and co-founder of Duracyte, added in the release. “With world-class clinical infrastructure, exceptional engineering talent and initiatives like the Texas Biotech Task Force driving alignment across industry, investment and talent, this region is uniquely positioned to move the most ambitious ideas in medicine from concept to patient, faster than anywhere else.”

Houston energy hub opens new fundraising cohort to fuel startups

Apply Now

EnergyTech Cypher has opened applications for its second Liftoff fundraising program.

Applications close May 20 for the 10-week virtual fundraising sprint. The program is geared toward energy and climatech founders preparing to raise their first institutional round. It will cover fundraising requisites, like pitch materials, term sheet negotiation and round closing, according to a release from EnergyTech Cypher.

The program kicks off June 1 and runs every Monday from 1-3 p.m. CST. It will conclude with an in-person capstone simulation in Houston on August 3, where founders will work to close a mock round.

Jason Ethier, EnergyTech Cypher founder and CEO, will lead the program with Payal Patel, an EnergyTech fellow and entrepreneur in residence.

The program is available through Cephyron, EnergyTech Cypher's new investor relationship management platform, built specifically for energy and climatech founders. Users must have a Cephyron Boost membership to participate in the Liftoff program.

The Cephyron IRM app recently went live and is available to founders at any point in their fundraising process, according to the news release. The platform aggregates investor data, tracks market signals and delivers curated weekly recommendations.

EnergyTech Cypher launched Liftoff last year. The inaugural cohort included 19 startups, including Houston-based AtmoSpark Technologies, The Woodlands-based Resollant and others. Each participant closed at least one fundraising deal, according to EnergyTech Cypher.

EnergyTech Cypher rebranded from EnergyTech Nexus earlier this year. It also launched its CoPilot accelerator in 2025. The inaugural group presented its first showcase during CERAWeek last month.

EnergyTech Cypher's annual Pilotathon Pilot Pitch and Showcase applications also opened this month. Find more information here.

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This article originally appeared on EnergyCaptialHTX.com.