Here's what MassChallenge companies won big this year. Photo courtesy of MassChallenge

Nine startups that went through the 2021 Houston cohort for MassChallenge Texas have received cash prizes from the global accelerator.

Now in its 12th year, Boston-based MassChallenge awarded 39 equity-free cash and investment prizes to 36 early-stage companies from the 2021 virtual programs across Austin, Boston, Houston, and Rhode Island. The startups were recognized at a virtual showcase. Of the 229 companies to go through the program this year, about 70 of those were a part of the Houston cohort, which was announced in June, however none of the nine Houston cohort companies are based in Houston.

Here's which companies from the Houston program received awards:

  • AEROSENS, based in Miami, is a platform able to maximize aircraft cabin security and increase efficiency while reducing costs, using Bluetooth Low Energy sensors and the everyday smartphone or tablet. The company received a $25,000 Gold Award.
  • Analatom, based in Santa Clara, California, received the $10,000 FM Global Resilience Prize. The company has created an AI Deep Learning inspection technology automatically flag surface defects in images reducing maintenance costs improving inspection quality.
  • Astrileux Corporation, based in La Jolla, California, is accelerating manufacturing of next-gen ICs at 7 nm and smaller increasing power and performance in the era of zettabyte computing. The company scored one of the three top awards — a $100,000 Diamond Award.
  • Card Medic, based in the United Kingdom, received a $50,000 Platinum Award for its innovative digital technology designed to improve communication between healthcare staff and patients, across any barrier.
  • Exum Instruments, based in Denver, is combining high-performance tech with intuitive, seamless operations, Exum is solving materials characterization for a variety of industries. The company received a $25,000 Gold Award.
  • Grain4Grain, based in San Antonio, is using proprietary upcycling technology to turn byproducts from alcohol producers into low carb, high fiber flour alternatives at low cost. The company received a $25,000 Gold Award.
  • KNWN Technologies, based in DelRay Beach, received the Houston Angel Network Investment Prize as well as a $25,000 Gold Award. The technology provides a new level of identity validation for businesses to know and protect customer identity from enrollment through the life of the relationship.
  • Krtkl, based in San Francisco, is a new high-reliability edge-computing and artificial-intelligence solutions for robotics, sensing, and communications applications. The company received the ISSNL + CASIS Technology in Space Prize.
  • LucyDX, based in Middletown, Delaware, is preventing blindness in diabetics through early detection. The company received a $25,000 Gold Award.

Texas-based Ecliptic Capital will also give out its Investment Prize, but did not announce their winner at the showcase. The organization announced its full list of winners online and at the showcase.

"We designed our process to work with all founders especially those who may be overlooked or underestimated by traditional equity accelerators and investment models. These founders still benefit from and deserve access to accountability, expertise, and a network traditionally often made available only to venture-backed companies," says Siobhan Dullea, CEO of MassChallenge, in the press release. "The 229 startups from this year's cohort demonstrate just how much opportunity exists beyond the closed process of venture when we widen the lens. Congratulations to the winners."

MassChallenge Texas has named its 2021 cohorts — including 71 companies to accelerate in Houston. Photo courtesy of MassChallenge

MassChallenge Texas names the 71 startups that make up its latest Houston cohort

ready to grow

Five Houston-based startups have been accepted into MassChallenge's 50th startup accelerator.

Three of the local startups are part of the program's Houston cohort, and two are part of the Austin cohort. In all, 71 startups from around the world are participating in the new Houston cohort.

Aside from Houston and Austin, there are cohorts in Boston and Rhode Island. This year's MassChallenge class, announced June 28, comprises 229 startups from 20 countries.

The five Houston-based startups in MassChallenge's latest accelerator program are:

  • Church Space, an "Airbnb for churches" that enables churches to rent out space for worship, events, meetings, and ghost kitchens. It's part of the Houston cohort.
  • Every Shelter, which localizes response and relief efforts for global refugee crises. It's part of the Houston cohort.
  • Milkify, which freeze-dries breast milk, enabling mothers to carry it in a powdered form. It's part of the Houston cohort.
  • Javari, a music prediction and discovery platform. It's part of the Austin cohort.
  • Netnoids Rx Laboratories, which provides a platform called Spanio that lets individuals and companies test therapeutics. It's part of the Austin cohort.

"At the core of these early stage businesses is the entrepreneurial spirit of their founders. Entrepreneurial spirit is the unique blend of optimism, passion, and drive that gets founders and their businesses through the daunting early days," Jon Nordby, managing director of MassChallenge Texas, says in a news release.

Church Space, Every Shelter, and Milkify are among the 71 startups in the new Houston cohort. MassChallenge released the names of 69 of those companies. The two others are in stealth mode. Below are the names of the 69 publicly identified startups.

Energy / clean tech

  • Ener.com
  • SeebeckCell Technologies

General

  • Algdeha
  • Analatom
  • Astrileux
  • DeepCharge
  • Freshspire
  • Grain4Grain
  • Intelligent NanoFiber
  • Lepidext
  • Lodgeur
  • Milkify
  • NanoFlowX
  • Nature Knows
  • NjordFrey
  • ProFish Ghana
  • Solo
  • Stagetime

Health care / life sciences

  • AMF Medical
  • Arcascope
  • CardMedic
  • CaringWire
  • Exposphere Fitness
  • Galileo Innovations
  • Insu Health Design
  • Kismet Technologies
  • LucyDx
  • Newton Tech
  • Nightingale Caring Solutions
  • Nurlabs
  • Refined Imaging
  • Ronawk
  • SafetySit
  • SONOflammation
  • Tender Light Scientific
  • Uniphage
  • WestFace Medical

Social impact

  • Carta Digital
  • Every Shelter
  • Nile Agro Value Chain

Tech

  • Aerosens
  • Areanna AI
  • Church Space
  • CodeLn
  • Cybrik
  • Debtle
  • Edusko Africa
  • Exum Instruments
  • Fanorama Social Media
  • Glo3D.com
  • HintEd
  • Invento Robotics
  • KNWN Technologies
  • Krtki
  • Magos
  • Makeena
  • Manus Robotics
  • ModoScript
  • Notewardy
  • Nuw
  • Otomo
  • Owiwi
  • Patturn
  • Privoce
  • Third Ray
  • Tru-Spot Technologies
  • Yada.ai
  • Xena Intelligence
  • Xiggit

To be selected for the MassChallenge program, startups went through a two-round process that included more than 1,000 judges. During the program, participants will receive tools and advice to grow their businesses.

At the end of this year's program, startups will compete for equity-free cash prizes and grants adding up to $100,000. The prizes and grants will be awarded in October.

Attention Houston female founders — there are two new accelerator programs to have on your radars. Photo via Getty Images

Houston organizations announce two new female founder-focused programs

who runs the world?

A couple of Houston startup development organizations have recently announced programing and opportunities for female founders looking to advance their businesses.

Impact Hub Houston has announced that it has partnered up with Frost Bank to sponsor eight female founders to participate in Impact Hub's new Accelerate Membership Program. Applications are now open online and once the inaugural cohort is selected, they will receive the program for three months at no cost.

"At Impact Hub we believe the time to act is now. It's why we are excited to launch our new Accelerate Membership," says Maria Trindade, global network development director at Impact Hub Global, in a news release. "Its unique approach combines all the benefits of an enterprise support program with the flexibility that entrepreneurs need; plus its tailored nature makes this intervention highly accessible for entrepreneurs from diverse backgrounds who may not be able to dedicate full-time to their business idea."

Impact Hub Houston has also teamed up with MassChallenge for their own initiative supporting female founders in the Houston-Galveston region in partnership with Houston-based Workforce Solutions. The three organizations are collaborating to launch launch a bootcamp to support female founders in the greater Houston region.

"There is unprecedented growth in startup creation as a result of the pandemic and founders from all corners of the world are connecting in this virtual environment to build and scale amazing ideas," says Jon Nordby, managing director of MassChallenge Texas, in a news release. "With these new collaborations, we are also witnessing a massive gap in access to startup development resources. Our partnership with Workforce Solutions and Impact Hub Houston will help female founders build on their existing knowledge to become life-long innovators."

Applications for the bootcamp opened April 1 and will close at 5 pm on April 7 and are available online in both English and Spanish. The industry agnostic program will leverage MassChallenge's acceleration model and Impact Hub Houston's inclusive incubation expertise to accelerate female founders by connecting them with the resources they need to launch and scale high-impact businesses, according to the release.

"As a female founder myself, I'm incredibly excited about this opportunity to support and uplift more women entrepreneurs and women-led businesses in our region," says Grace Rodriguez, CEO and executive director of Impact Hub Houston, in the release. "By now, it's no secret that women, and especially women of color, are under-invested in; and this is our chance to change that by helping more women strengthen their businesses and prepare to seek funding."

Houston Exponential has announced the 38 finalists for the inaugural Listies Awards. Photo via Getty Images

Exclusive: HX names finalists for inaugural Houston innovation awards

the listies go to...

Ever wonder what Houston startups and innovators are the best of the best? Here's your chance to figure it out. The inaugural Listies awards program has named its finalists.

The Listies, brought to you by Houston Exponential in partnership with InnovationMap, will name the winning companies and people across 12 awards on November 20 at 3 pm at a virtual event as a part of Impact Hub's annual The Houston Innovation Summit (THIS). Click here to register for the free event.

Nominations were open until Friday, November 6, and then a group of judges made up of members of the Houston innovation ecosystem reviewed the submissions to settle on the finalists. Below, in alphabetical order, the 38 finalists are listed for each category.

DEI champion

  • Heath Butler
  • Maria Maso
  • Grace Rodriguez

Individual contributor

  • Michael Matthews
  • Slawek Omylski
  • Brad True

Mentor of the year

  • Keith Kreuer
  • Wade Pinder
  • Landi Spearman

Outstanding leadership

  • Stephanie Campbell
  • Grace Rodriguez
  • Roberta Schwartz

Corporate innovation

  • Chevron Technology Ventures
  • Houston Methodist
  • Shell Ventures

Investor of the year

  • CSL Capital Management
  • Golden Section VC (GSTVC)
  • Integr8d Capital

SDO superstar

  • MassChallenge Houston
  • Rice Alliance
  • TMCx

Welcome to Houston

  • Greentown Labs
  • TestCard
  • Win-Win

Civic engagement

  • Annapurna
  • Luminare
  • McMac Cx

COVID pivot/phoenix

  • Luminare
  • re:3D
  • sEATz

People choice

  • INK
  • Liongard
  • Luminare
  • re:3D
  • Topl

Soonicorn

  • GoExpedi
  • Liongard
  • Medical Informatics Corp.
Ad Placement 300x100
Ad Placement 300x600

CultureMap Emails are Awesome

8 Houston companies earn spots on Fortune's most innovative list for 2025

top honor

Eight Houston companies have been named to Fortune’s third annual list of America’s Most Innovative Companies, joining another 16 from the state of Texas.

The group of 300 companies nationwide was rated based on production innovation, process innovation, and innovation culture, according to Fortune. In partnership with Statista, the magazine considered IP portfolios, employee, expert and customer opinions; and many other factors.

While many of the top-rated companies fell into the tech sector, Fortune reports that health care companies made up the largest portion of the 2025 list. Sixty-three honorees fell into the health care category, including Houston’s top-rated company, Houston Methodist.

Here’s what Houston companies made the list and where they ranked:

  • No. 35 Houston Methodist
  • No. 54. ExxonMobil
  • No. 137 NRG Energy
  • No. 158 Hewlett-Packard Enterprise
  • No. 169 BMC Software
  • No. 175 Texas Children’s Hospital
  • No. 227 Sysco
  • No. 268 Chevron

“This award is a true credit to the culture we have created around innovation and the incredible work of Roberta Schwartz, our Chief Innovation Officer, and her team at the Center for Innovation,” Marc Boom, CEO of Houston Methodist, said in a LinkedIn post. “They have really set the tone for how we can use innovation and technology to continue to deliver the highest quality care for our patients.”

Of the 16 companies from Texas, Houston was home to the second-most with eight hailing from the Bayou City. Dallas-Fort Worth claimed the largest number of Texas companies on the list, with 11 headquartered in the metroplex.

Austin is home to only four of the companies on the list, however, companies from the capital city ranked higher on average, with Oracle, Tesla and Dell Technologies claiming the top 3 spots for the state. Beloved Texas grocer H-E-B was the one company to represent San Antonio on the list.

Here's what other Texas companies made the list and where they ranked:

  • No. 6 Oracle
  • No. 11 Tesla
  • No. 14 Dell Technologies
  • No. 37 AT&T
  • No. 59 Texas Instruments
  • No. 89 Charles Schwab
  • No. 91 McKesson
  • No. 113 Jacobs Solutions
  • No. 125 Baylor, Scott & White Health
  • No. 165 Frontier Communications
  • No. 201 H-E-B
  • No. 210 CBRE Group
  • No. 219 TTEC Holdings
  • No. 223 GameStop
  • No. 251 American Airlines Group
  • No. 271 Caterpillar

California-based tech conglomerate Alphabet Inc. topped the list for the third year in a row, and California companies again represented the majority of companies on the list, according to Fortune. Alphabet, Microsoft, Apple, IBM and Salesforce made up the top five, of which three are headquartered in California.

The 2025 group had a median revenue of $22 billion over the last 12 months, according to Fortune. See the full report here.

Intuitive Machines engineer talks STEM, innovation, and second chances

Innovator Interview

Mario Romero is an assembly, integration, and test engineer at the innovative Houston aerospace company Intuitive Machines. He previously served as a Navy SEAL and an EVA Flight Simulator Specialist at NASA.

Intuitive Machines landed its IM-2 mission on the moon last month, before calling an early end of mission. The company reported that its lunar lander was on its side, preventing it from completing the mission as planned.

Still, the IM-2 mission landed closer to the lunar South Pole than any previous lander, according to NASA. And the company still has plenty of innovative projects in the works.

The company secured about $2.5 million from NASA to study challenges related to carrying cargo on the company’s lunar lander and hauling cargo on the moon. The lander will be used for NASA’s Artemis missions to the moon and eventually to Mars.

“Someone has to do it; in fact, the more the merrier,” Romero says on being part of an innovative culture.

“Competition forces innovation, and if I can be selfish for a moment, I think it’s of particular importance for Intuitive Machines because my extremely capable team is more than worthy of having their place stamped in history. We, as a species, have to strive to become a multiplanetary species. Incidentally, part of the trickle-down effect of innovation often leads to spin-off technology that in some way benefits humanity here on Earth.”

Last year, Romero was awarded the key to the city from his hometown of Vineland, New Jersey, and made it a point in his speech to give kids a chance to succeed in the future.

“I am the product of many chances, secondary, tertiary, and more, given to me,” Romero says. “Many of these were admittedly entirely undeserving. I look back now and recognize that those teachers, judges, police, etc. might have all seen something in me that I couldn’t then see in myself. … This is precisely why I often emphasize giving kids multiple chances. Kids are kids, and you can never fully know how you’re inspiring them in the moment, nor how the chances that you give them will affect the trajectory of their lives.”

Texas is expected to represent nearly 10 percent of future STEM opportunities in the nation, and nine of the 20 biggest employers in Texas are STEM-related.

As STEM has become increasingly popular in high schools and at the university level, and the aerospace industry continues to innovate, it is possible that many young future innovators may take the same path a young Romero did.

“I think it’s natural that when new leaps are made in the STEM fields, and in the aerospace realm at large, the youth in general become galvanized by it,” Romero says.

“It’s exciting and reinvigorating to understand that humanity is on the cusp of the next great adventure. As fantastic and essential as this is, I want to emphasize the importance of the arts as well. It has an important place and an important role to play in our evolution, so I personally don’t limit youthful interest to STEM alone. There are fantastic works of art awaiting us, in all their variety, that will come as a result of the efforts and innovation.”

18 Houstonians land on Forbes world's billionaires list for 2025

World's Richest

The world’s richest people are wealthier now than they've ever been, and more billionaires have made it onto the 2025 World's Billionaires List than ever before, according to Forbes. This year, 18 Houston-based billionaires are among the richest people in the world, with hospitality honcho Tilman Fertitta leading as the richest Houstonian.

Fertitta, 67, ranked No. 220 overall with an estimated net worth of $11.3 billion, which steadily increased from his 2024 net worth of $9.4 billion.

In addition to owning the Houston Rockets, the busy billionaire owns Texas-based hospitality and entertainment corporation Landry's, and he authored a book about business leadership in 2019. He most recently was nominated as the new United States ambassador to Italy by President Donald Trump.

Ranking 248th overall is oil and gas chairmanRichard Kinder. Forbes estimates his net worth at $10.6 billion, up from $8.1 billion in 2024.

Kinder cofounded pipeline giant Kinder Morgan in 1997, and stepped down as CEO in 2015, though he still retains his seat as chairman of the board. The company is the largest energy infrastructure firm in the U.S., Forbes says, and it owns 79,000 miles of pipeline.

New to the 2025 list is Perry Homes executive chair Kathy Britton, whose company has built over 65,000 homes across the U.S., according to Forbes. Her late father, Bob Perry, founded Perry Homes in 1967. Britton ranked No. 1408 with an estimated net worth of $2.6 billion.

Mercedes-Benz mega-dealer Joe Agresti is another newbie to the list, ranking No. 2790 with a net worth of $1.1 billion. He owns Dream Motor Group with former football coach Nick Saban.

14 additional Houston-area billionaires that made Forbes 2025 world’s richest list are:

  • Houston pipeline heir Randa Duncan Williams: ranked No. 307 with an estimated net worth of $9.3 billion, up from $7.7 billion in 2024. Fellow pipeline heirs Dannine Avara and Milane Frantz tie for 311th nationally. Each has an estimated net worth of $9.2 billion, up from $7.6 billion. Scott Duncan ranks No. 329 with a $9 billion estimated net worth, up from $7.6 billion in 2024.
  • Houston oil tycoon Jeffery Hildebrand: ties for No. 411; $7.7 billion, down from $12.6 billion
  • Toyota mega-dealer Dan Friedkin: ties for No. 411; $7.7 billion, up from $6.4 billion
  • Houston Texans owner Janice McNair and family: No. 561, $6.2 billion, up from $5.6 billion
  • Energy exploration chief exec George Bishop: No. 717, $5 billion, up from $3.2 billion (based in The Woodlands)
  • Westlake Corporation co-owners Albert Chao, James Chao and their families:tied for No. 902, $4 billion, down from $4.9 billion
  • Hedge fund honcho John Arnold: No. 1266, $2.9 billion, down from $3.3 billion
  • Houston Astros owner Jim Crane: No. 1513, $2.4 billion, unchanged from 2024
  • Former Houston Rockets owner Leslie Alexander: tied for No. 1850, $1.9 billion, unchanged from 2024
  • Frontier Airlines chairman William Franke: No. 2623, $1.2 billion, down from $1.3 billion

Elsewhere in Texas, Austin-based billionaire Elon Musk topped Forbes' list as the world's richest person in 2025. The Tesla and SpaceX founder knocked French luxury goods magnate Bernard Arnault down to second place this year.

Forbes declared Musk the first person to reach the $300 billion status. His current net worth stands at $342 billion, which is a staggering $147 billion more than his 2024 net worth.

"It’s another record-breaking year for the world’s richest people, despite financial uncertainty for many and geopolitical tensions on the rise," said Forbes senior editor of wealth Chase Peterson-Withorn. "And, from Elon Musk to Howard Lutnick and the other billionaires taking over the U.S. government, they’re growing more and more powerful."

In Dallas-Fort Worth, Walmart heiress Alice Walton became the wealthiest woman in the world in 2025. Forbes declared Walton's net worth at $101 billion, which is $28.7 billion more than her 2024 net worth of $72.3 billion. She is now one of 15 individuals to claim 12-figure fortunes, also known as the "$100 Billion Club."