In an annual study on racial progress, Texas falls slightly behind in the employment and wealth category, ranking No. 13 overall. Photo via Getty Images

In honor of Martin Luther King Jr. Day, personal finance website WalletHub is revisiting its annual report "States with the Most Racial Progress." Texas comes out near the top for 2024, but has room for improvement in several areas.

The report measures the gaps between Black and white residents across 22 key indicators of equality in all 50 states and the District of Columbia to determine the rankings. States are scored in four major categories: employment and wealth, education, social and civic engagement, and health. For the purpose of the study, "adults" include people aged 25 and older.

Texas ranks No. 2 overall in racial progress, placing just behind Georgia (No. 1). But in the study's separate ranking of states with the most racial integration, Texas lands farther down the list, at No. 8.

The racial progress report highlights the Lone Star State's efforts to reduce health insurance coverage gaps between white and Black residents – stating that the divide has reduced more than 13 percent within the last three decades. Improving higher education is another major milestone for the state, the study says.

"Texas has made some of the best progress in the nation when it comes to the share of [B]lack vs. white residents who have at least a bachelor’s degree," the report's author writes. "In fact, it’s one of the only states where the gap has decreased rather than increasing since 1970."

Texas earns top-five rankings in the the categories of education (No. 4) and health (No. 4), and ranked No. 6 in the study's social and civic engagement category. The state falls slightly behind in the employment and wealth category, ranking No. 13 overall.

Texas scores high in the following measures:

  • No. 7 – Change in median annual household income gap
  • No. 10 – Change in poverty rate gap
  • No. 8– Change in gap in the percentage of adults with at least a high school diploma
  • No. 4 – Change in gap in the percentage of adults with at least a bachelor's degree
  • No. 11 – Change in standardized test scores gap
  • No. 10 – Change in voter turnout gap during the 2020 presidential election

According to a 2023 survey by the Pew Research Center, 44 percent of Americans say they feel pessimistic about the nation's "ability to ensure racial equality for all people" in the future, regardless of race or ethnicity. That's compared to 28 percent who feel optimistic."Although our country has made a lot racial progress since the Civil Rights Movement, we still need to do better to ensure equality for everyone," the WalletHub report says. "As we think about ways to improve equality in the future, though, we can also recognize the steps toward racial harmony we’ve already achieved — in our workplaces, in our schools and in our voting booths."Following behind Texas to round out the top 10 states with the most racial progress in 2024 are Mississippi (No. 3), New Mexico (No. 4), Wyoming (No. 5), Connecticut (No. 6), New Jersey (No. 7), Maryland (No. 8), Florida (No. 9), and North Carolina (No. 10).

The report and its methodology can be found on wallethub.com.

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This article originally ran on CultureMap.

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Houston healthtech startup raises $30M to scale surgical healing gel

fresh funding

Houston-based healthtech startup TYBR Health has raised a $30 million Series A round to scale its B3 GEL System, which helps protect tendons from scarring after surgery.

The round was led by Minneapolis-based Vensana Capital and Cleveland-based Mutual Capital Partners, with participation from Denver-based Neovate Capital Partners and existing investors, according to a news release from the company.

TYBR Health said it plans to use the funding to broaden the B3 GEL System's clinical applications, expand commercialization and conduct studies to evaluate its ability to protect tissue and improve healing outcomes.

"Surgeons are exceptionally good at the structural repair, but the biology that follows is what determines how it heals. That part of the equation has gone largely unaddressed ... There's a shift underway across surgical specialties, from focusing almost entirely on the mechanical repair to also weighing the biological conditions that repair needs to succeed," Tim Keane, co-founder and CEO of TYBR Health, said in the news release. "This financing lets us reach more surgeons and generate the clinical evidence to move that shift forward."

As part of the financing round, Greg Banker of Vensana Capital and Liz Todia Zambory of Mutual Capital Partners will join the TYBR board, alongside independent director Aaron Smith.

"TYBR Health is addressing a gap surgeons have lived with for a long time, with a product that fits the way they already work," Zambory, principal at Mutual Capital Partners, added in the release. "We're excited to co-lead this round and support the company's growth."

TYBR was founded in 2020 and originated from the TMCi’s Biodesign fellowship and participated in the TMC's Accelerator for HealthTech. Its B3 GEL System is a flowable extracellular matrix hydrogel designed to protect tendons, ligaments, muscles, and the surrounding soft tissue while they heal from orthopedic surgery. It received FDA 510(k) clearance last June and launched an Australian clinical trial in the fall.

The B3 GEL System has been used in hand, wrist, shoulder, foot and ankle, and sports medicine procedures since it launched, according to the company, and was first used in the clinical setting earlier this year by Dr. Tammam Hanna with Texas Tech University Health Sciences Center.

Houston space companies win NASA funding to build Mars exploration robots

mission to mars

Two Houston-area spacetech companies have landed a portion of a $17 million award from NASA to develop robots for exploring the surface of Mars, the agency announced this month.

Houston-based Inuitive Machines and Webster, Texas-based MEI Technologies, which does business as Aegis Aerospace, were among the seven companies selected to receive the funding from NASA's Science Transport and Robotic Innovation for Deployment and Exploration (STRIDE) initiative.

According to the release from NASA, the companies are tasked with creating "innovative mobility systems" that would allow future Mars missions to access more challenging terrain and difficult-to-reach regions of the planet, and to travel farther distances. NASA estimated that the work will begin this fall.

NASA solicited proposals for participants in the STRIDE initiative in January. The seven named companies are the first selected to participate in the program.

The additional five companies to receive STRIDE funding include:

"STRIDE demonstrates NASA’s commitment to strong public-private partnerships, allowing the agency to explore new approaches for Mars surface exploration while identifying key capability gaps and development needs for commercial systems that could operate and traverse realistic Martian environments," NASA shared in the announcement.

Last month, Intuitive Machines was awarded $148.3 million to deliver its Nova-C lander to the moon. The funding was part of $600 million the space agency awarded to three companies as part of its Moon Base Program and was Intuitive Machines' sixth task order under NASA's Commercial Lunar Payload Services (CLPS) program. Astrobotic was also one of the companies to land funding for the Moon Base program, as well as Austin-based Firefly Aerospace.

Around the same time, Firefly Aerospace was awarded a $13 million subcontract from NASA’s Jet Propulsion Laboratory to develop technology for NASA’s SkyFall mission to Mars. The mission aims to deploy three Mars helicopters to "perform science and demonstrate airborne subsurface mapping and resource prospecting on the planet." Read more here.