The Ivy League of the South has done it once again. Photo via Rice University

The most prestigious higher education institution in Houston has done it again: Rice University has topped WalletHub's 2025 list of the best colleges and universities in Texas for 2025.

The just-released list analyzed more than 800 colleges and universities in the United States using 30 metrics to determine their rankings.

Rice claimed the No. 1 spot in Texas and in WalletHub's regional category of best universities in the South. The school also ranked as the No. 6 best college nationwide.

Rice earned first place in the category for the "best" (or lowest) on-campus crime rates, and ranked 13th for its gender and racial diversity. The school ranked No. 24 in the category for net cost. According to U.S. News and World Report, tuition and fees at Rice cost $60,709 per year. Rice also has an acceptance rate of eight percent, earning the university No. 27 in the category for admission rates.

Here's how WalletHub broke down the rest of Rice's ranking, where No. 1 is the best and No. 49 is the worst:

  • No. 26 – Student-faculty ratio
  • No. 43 – Graduation rate
  • No. 47 – Post-attendance median salary
Rice's recent accolades add to an ongoing winning streak of high rankings. In September, the private university ranked as the No. 1 best Texas college for 2025 by U.S. News, and ranked No. 18 nationally. Education information and review platform Niche also recently ranked Rice the 15th best college in the country and the No. 1 best in Texas for 2025. And Forbes named Rice No. 9 in its 2024-25 list of top U.S. colleges.In the spring, Rice's Jesse H. Jones Graduate School of Business ranked No. 2 in the national publication's ranking of the best graduate schools in Texas.

The only other Houston university to earn a spot in WalletHub's report was the University of Houston, earning No. 12 in Texas and No. 288 nationally.

The top five universities that outranked Rice in the national rankings were Princeton University (No. 1), Yale University (No. 2), Harvard University (No. 3), Massachusetts Institute of Technology (No. 4), and Dartmouth College (No. 5).

The top 10 colleges and universities in Texas are:

  • No. 1 – Rice University
  • No. 2 – The University of Texas at Austin
  • No. 3 – Trinity University
  • No. 4 – Texas A&M University-College Station
  • No. 5 – Southwestern University
  • No. 6 – Texas Christian University
  • No. 7 – Austin College
  • No. 8 – Texas A&M International University
  • No. 9 – University of Dallas
  • No. 10 – Southern Methodist University
The full report can be found on wallethub.com

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This article originally ran on CultureMap.

An annual ranking recognized Rice University again — but the Houston school ranked a tad lower this year. Photo courtesy of Rice

Report: Rice University again ranks among the top schools in nation

hooting in Houston

Rice University has earned yet another accolade worth hooting about.

Niche, an education review and ranking website, has named Rice the ninth best college in the U.S., down from No. 6 last year. The Houston university receives an A+ in nine of the 12 ranking categories, including academics, diversity, and value. It gets an A for the party scene, a B+ for athletics, and a B for safety.

“We’re proud that Niche once again rates Rice not only one of the nation’s top universities, but also one of the nation’s best college values,” university President Reginald DesRoches said in 2022. “This is especially gratifying because Niche reflects the opinions of students and parents who know firsthand what outstanding education opportunities Rice continues to offer.”

Rice regularly ranks highly on lists of the best colleges and universities in the country, including those published by Niche, Forbes, and U.S. News & World Report.

“Rice is an awesome place. I went to Rice because I wanted professors who actually wanted to see their students succeed, and I can confidently say that’s what I found at Rice,” a student wrote in a Niche review. “The classes are thorough but the tests are very reasonable and focus on the material we learned in class.”

Topping Niche’s national list is Yale University, followed by Stanford University, the Massachusetts Institute of Technology, Harvard University, Princeton University, Columbia University, the University of Pennsylvania, and Dartmouth College.

Rice comes in at No. 12 on Niche’s list of the “best value colleges” in the U.S. and ranks first among the best colleges in Texas. Here are the top 10 Texas schools, including the eighth-ranked University of Houston:

1. Rice University
2. University of Texas at Austin
3. Texas A&M University (College Station)
4. Trinity University (San Antonio)
5. Southern Methodist University (University Park)
6. Texas Christian University (Fort Worth)
7. Texas Tech University (Lubbock)
8. University of Houston
9. University of Texas Permian Basin (Odessa)
10. Baylor University (Waco)

Other Houston-area schools in the Texas ranking are:

  • University of Houston – Clear Lake (No. 13)
  • University of St. Thomas (No. 26)
  • University of Houston – Downtown (No. 39)
  • Prairie View A&M University (No. 43)

“Choosing where to go to college is easily one of the most significant — and expensive — decisions of a person’s life. Niche’s mission is to ensure that every college-bound student has access to easy, transparent and free resources … to help them find their best fit,” Luke Skurman, founder and CEO of Niche, says in a news release.

Rice leaped forward one spot from last year's Niche ranking. Photo courtesy of Rice University

Rice University scores No. 6 rank among best colleges in the U.S. and No. 1 in Texas

something to hoot about

Rice University is a star student among the top colleges in the U.S.

A new ranking from education information and review platform Niche ranks Rice as the sixth best college in the country and the best in Texas, with the Massachusetts Institute of Technology holding the top spot nationally. Rice’s ranking is one notch above its seventh-place showing on the list Niche released in 2021.

“We’re proud that Niche once again rates Rice not only one of the nation’s top universities, but also one of the nation’s best college values,” says Reginald DesRoches, president of Rice. “This is especially gratifying because Niche reflects the opinions of students and parents who know firsthand what outstanding education opportunities Rice continues to offer.”

Rice also appears at No. 6 on Niche’s list of the best private schools in the U.S. and at No. 7 among colleges offering the best value. Both of those rankings are the highest in Texas.

Notably for locals, the University of Houston ranks No. 5 among the Top Public Universities in Texas.

Following Rice, here are the top colleges in Texas as determined by Niche:

  • University of Texas at Austin, No. 46 in the U.S. and No. 2 in Texas. UT also ranks eighth on the list of best public colleges in the U.S. and first in Texas.
  • Texas A&M University in College Station, No. 75 in the U.S. and No. 3 in Texas.
  • Southern Methodist University in Dallas, No. 82 in the U.S. and No. 4 in Texas.
  • Trinity University in San Antonio, No. 99 in the U.S. and No. 5 in Texas.
  • Texas Christian University in Fort Worth, No. 104 in the U.S. and No. 6 in Texas.
  • Texas Tech University in Lubbock, No. 148 in the U.S. and No. 7 in Texas.
  • Baylor University in Waco, No. 172 in the U.S. and No. 8 in Texas.
  • University of Texas at Dallas, No. 220 in the U.S. and No. 9 in Texas.
  • University of Houston, No. 232 in the U.S. and No. 10 in Texas.

To create the college rankings, Niche combines data from sources such as the U.S. Department of Education with user input — reviews and ratings from current students, alumni, and parents — in an analysis of factors such as academics, campus, and value for the financial investment. The rankings compare more than 1,000 colleges and universities across the country.

“We know that choosing where to go to college is a major life decision, and we’ve always been committed to helping students and their families make their choice with as much information as possible,” says Luke Skurman, founder and CEO of Niche. “With a mix of comprehensive data and millions of reviews, our 2023 best colleges rankings are a guide to the thousands of excellent institutions across the country.”

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This article originally ran on CultureMap.

St. John's School is ranked the No. 2 private high school in Texas. St. John's School.org

7 prestigious Houston-area high schools rank among best in Texas for 2021

report card

Several Houston-area school are among the top of their class among public and private high schools in Texas.

New rankings from education website Niche put three local institutions among the top public high schools in the state and four among the top private high schools in the state.

Carnegie Vanguard High School (in Houston ISD) leads the area best public high schools, while our prestigious St. John's School leads the private academies.

Niche ranks public high schools based on factors such as state test scores, college readiness, graduation rates, SAT/ACT scores, teacher quality, and Niche user ratings.

Meanwhile, Niche ranks private high schools based on factors like SAT/ACT scores, quality of colleges that students consider, student-teacher ratio, and Niche user ratings.

"Our 2022 rankings come at a time when so many parents are curious about the different options for their children's education, including some they may never have considered before," Luke Skurman, founder and CEO of Niche, says in a news release.

Other local schools also ranked well:

  • Top-ranked School for the Talented and Gifted (Dallas ISD).
  • Second-ranked Liberal Arts & Science Academy (Austin ISD).
  • Third-ranked School of Science and Engineering (Dallas ISD).
  • Fourth-ranked Westlake High School (Eanes ISD).
  • Fifth-ranked Carnegie Vanguard High School (Houston ISD).
  • Sixth-ranked DeBakey High School for Health Professions (Houston ISD).
  • Seventh-ranked Carroll Senior High School (Carroll ISD).
  • Eighth-ranked Westwood High School (Round Rock ISD).
  • Ninth-ranked Kinder High School for the Performing and Visual Arts (Houston ISD).
  • 10th-ranked Vandegrift High School (Leander ISD).

The top private high schools in Texas are:

  • Top-ranked St. Mark's School of Texas in Dallas.
  • Second-ranked St. John's School in Houston.
  • Third-ranked Greenhill School in Addison.
  • Fourth-ranked The Hockaday School in Dallas.
  • Fifth-ranked St. Stephen's Episcopal School in Austin.
  • Sixth-ranked The John Cooper School in The Woodlands.
  • Seventh-ranked The Awty International School in Houston.
  • Eighth-ranked Keystone School in San Antonio.
  • Ninth-ranked Cistercian Preparatory School in Irving.
  • 10th-ranked The Kincaid School in Houston.

As for the best school districts in Texas, they are:

  • Top-ranked Eanes ISD in Austin.
  • Second-ranked South Texas ISD in Mercedes.
  • Third-ranked Highland Park ISD in Dallas.
  • Fourth-ranked Carroll ISD in Southlake.
  • Fifth-ranked Coppell ISD in Coppell.
  • Sixth-ranked Lovejoy ISD in Allen.
  • Seventh-ranked Frisco ISD in Frisco.
  • Eighth-ranked Argyle ISD in Argyle.
  • Ninth-ranked Grapevine-Colleyville ISD in Grapevine.
  • 10th-ranked Allen ISD in Allen.
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This article originally ran on CultureMap.
Rice University ranks in the top 10 universities in the country, per this new report. Photo courtesy of Rice University

Annual report ranks Houston university as the best in Texas

best in class

There's something to be said for consistency. In a new report card from Niche.com, Rice University retains its No. 7 ranking among the best colleges in the U.S. and its No. 1 ranking among the best colleges in Texas.

Niche.com, which helps students and parents pick schools, relies on data from sources such as the U.S. Department of Education to compile its annual rankings, as well as reviews and ratings from current students, alumni, and parents.

Here are the top 10 schools in Niche.com's ranking of the country's best colleges:

  1. Massachusetts Institute of Technology
  2. Harvard University
  3. Stanford University
  4. Yale University
  5. Princeton University
  6. Duke University
  7. Rice University
  8. Brown University
  9. University of Pennsylvania
  10. Dartmouth College

Only two of the top 10 schools — Rice and Stanford — are west of the Mississippi River.

In this year's ranking, Niche.com de-emphasized the importance of SAT and ACT scores by 50 percent. In making that decision, Niche.com cited socioeconomic and racial disparities perpetuated by standardized tests, challenges making appointments for in-person tests due to COVID-19, and a rising number of institutions adopting test-optional policies.

"Our team recognizes that the COVID-19 pandemic, especially as new variants such as the delta variant arise, will continue to have an outsize impact on the college admissions process this year," Luke Skurman, founder and CEO of Niche.com, says in an August 16 news release. "We wanted to make sure our 2022 rankings reflect the current reality."

Rice is no stranger to accolades like the Niche.com ranking. It appears at No. 16 on U.S. News & World Report's most recent list of the top national universities, and at No. 16 in the most recent The Wall Street Journal/Times Higher Education rankings of top U.S. colleges. In both cases, Rice is the top-rated school in Texas.

On Niche.com's national list, the highest-ranked Texas school behind Rice is the University of Texas at Austin (No. 52). Meanwhile, UT holds the No. 14 spot nationally among the best colleges for student life, making it the top Texas school in that category.

Among nationally ranked schools, UT Austin is followed in Texas' top 10 by:

  • Texas A&M University in College Station, No. 80
  • Southern Methodist University in Dallas, No. 88
  • Trinity University in San Antonio, No. 96
  • Texas Christian University in Fort Worth, No. 115
  • Baylor University in Waco, No. 145
  • LeTourneau University in Longview, No. 162
  • Texas Tech University in Lubbock, No. 168
  • University of Texas at Dallas, No. 209
Rice has risen to the top again. Photo courtesy of Rice University

Rice University rises to top of Texas schools in prestigious U.S. News & World Report ranking

Head of class

Rice University continues to rise in national surveys. The latest: U.S. News & World Report's 2021 Best Colleges, released September 14, anoints Rice as the best university in Texas. The prestigious Houston school — dubbed the "Ivy League of the South" — ranks No. 16 among national universities, up one spot from last year.

This is in step with last year's U.S. News & World Report's Best Colleges list, which also named Rice the best university in Texas.

The trusted report compared more than 1,400 undergraduate institutions across 17 measures of "academic quality" this year. Acknowledging the ongoing impact of the coronavirus pandemic on students and schools, the publication made several updates to its methodology, notes a release.

For 2021, U.S. News added two new metrics to measure student debt. It also increased the weight of the outcome category, which measures graduation rates, retention rates, and social mobility, and reduced the weights for standardized test scores, high school class standing, and alumni giving. And, for the very first time, the report ranks test-blind schools (those that don't require an SAT or ACT score for admission).

"The pandemic has affected students across the country, canceling commencement ceremonies and switching classes from in person to remote," said Kim Castro, editor and chief content officer, in a release. "Whether students have slightly altered their college plans or changed them entirely, it remains our mission to continue providing students and their families with the tools they need to help find the right school for them."

Now, on to the rankings. Here's how Rice scores in the prestigious report:

  • No. 6 in Best Undergraduate Teaching
  • No. 8 in Best Value Schools
  • No. 18 in Most Innovative Schools (tie)
  • No. 224 in Top Performers on Social Mobility (tie)
  • No. 19 in Best Undergraduate Engineering Programs (tie)

For 2021, the University of Texas at Austin ranks No. 42 nationally, up a significant six spots from 2020. It's also the school's highest ranking on the report since 1985, touts a news release from the university. Among the country's public universities, UT Austin climbed four spots from the previous year, landing at No. 13.

As for Texas' other top schools, Southern Methodist University and Texas A&M University are tied at No. 66 nationwide, while Baylor University and Texas Christian University rank No. 76 and No. 80, respectively.

The lofty U.S. News & World Report ranking is just the latest in accolades for the Owls. Rice was recently named the seventh best college in the U.S. and the best college in Texas by Niche.com.

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This article originally ran on CultureMap.

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Houston Innovation Awards to honor Wade Pinder as 2025 Trailblazer

And the award goes to...

On Nov. 13, we'll gather for the 2025 Houston Innovation Awards to celebrate the best and brightest in Houston innovation right now. And, as is tradition with the annual program, we'll honor one longstanding Houston innovator with the Trailblazer Award.

The award was established to recognize an individual who has left a profound impact on Houston's business and innovation ecosystem and is dedicated to continuing to support Houston and its entrepreneurs. The recipient is selected by our esteemed panel of judges from a pool of internal and external recommendations.

The 2025 Trailblazer Award recipient is Wade Pinder of Product Houston. A familiar face to those active in Houston's innovation sector, Pinder identifies as an "Ecosystem Wayseeker" and is the founder of Product Houston.

Pinder, a former product manager at Blinds.com, arrived in Houston in 2008 and has been deeply engaged in Houston’s startup and innovation scene since 2012. Over the years, he has supported hundreds of founders, product leaders, and community builders across the Houston area.

In 2023, he was honored as Mentor of the Year in the Houston Innovation Awards. Today, he fosters collaboration, clarity, and connection through his work at Product Houston, and he helps innovators find their place in the local sector via his monthly "Houston Ecosystem Mapping" sessions.

Read below for Pinder's insightful takes on the Houston innovation scene and what it means to blaze a new trail. Then, join us as we celebrate Pinder and all of our nominees and winners at the 2025 Houston Innovation Awards on Nov. 13 at Greentown Labs. Tickets are available now.

InnovationMap: Describe the growth of the Houston innovation ecosystem from your arrival in 2008 to now.

Wade Pinder: When I first arrived in Houston in 2008, the innovation ecosystem was more fragmented than it is today. Connecting with other innovators often meant attending a lot of hit-or-miss events. Over the years, it’s been incredible to see the network take shape and grow into a true community. I’ve had the privilege of being involved with several coworking spaces and accelerator programs along the way, and it’s been especially exciting to see Station Houston evolve into what is now the Ion District. What makes the Ion unique is how it blends openness and opportunity… ideas spill into and out of the space, and anyone can walk in, participate in programming, and find themselves in proximity to people who might help them take the next steps.

Additionally, the expansion of spaces like Texas Medical Center Innovation, Helix Park, The Cannon, and many others, have broadened Houston’s innovation landscape in powerful ways.

Today, when someone new moves to Houston and wants to plug into the startup and innovation scene, it’s much easier for them to find their way than when I moved here in 2008. I think that’s something Houston can really be proud of.

IM: As someone who engages with the broader Houston innovation community on a regular basis, what are the shared characteristics and traits that you see among its members?

WP: One of the things that makes Houston’s innovation community unique is how deeply it’s rooted in industry. So many of the innovators I meet come from within Houston’s major sectors, and they’ve seen firsthand where opportunities lie, which gives their innovation a certain practicality. They’re developing solutions that solve real, often complex, business and industry problems, not chasing trends or trying to create the next flashy consumer app.

What I admire most is that this community is growing in its understanding of the value of collaboration. They work with the systems and expertise that already exist, and find better ways to make them work together. Another shared trait I see across Houston’s innovators is a deep sense of curiosity and a drive to question the status quo while looking for better ways to build, improve, and solve.

IM: You’ve said, "Houston has Houston problems, and Houston needs Houston solutions." How do you see this taking shape in the innovation sector right now?

WP: When I first started getting connected to Houston’s startup and innovation scene in 2012, I noticed folks had a tendency to look at other cities and ask, "How can we do what they did?" Back then, we saw phrases like "Silicon Bayou" pop up, and while that enthusiasm was hopeful, it often discounted the things that make Houston unique. Over time, I’ve come to believe that the better question is: "What are we already great at, and how can we innovate from there?" The flip side of that question is to reflect on the things that hold us back as an ecosystem… identifying the friction points and finding practical ways to smooth them out.

From my time wandering around our ecosystem, I’ve come to understand Houston is great at infrastructure at scale, solving life-and-death challenges in the global spotlight, and "boldly going where no one’s gone before." These three things, in my opinion, capture the essence of Houston does best: We do hard things here.

What excites me today is that we’re applying innovation to those core strengths in ways that feel authentically Houston. One area I’m especially excited about is the emergence of the “New Space Economy,” captured beautifully in Wogbe Ofori’s thought piece “The Astropreneur’s Startup Journey Map.” It's a great example of how the next wave of space-related innovation might connect to Houston’s long-standing strengths in manufacturing, logistics, and problem-solving at scale.

Another challenge Houston faces is what I call a "proximity problem." Even when events are only a few miles apart, traffic can make it difficult for people to stay connected across the city. That’s why I’m so encouraged by the rise of what I think of as "intent-based gatherings" around the city: events designed with purpose, where people know they’ll find real connection and value once they arrive.

IM: Finally, what does being a "Trailblazer" mean to you?
WP: To me, trailblazing in the Houston innovation ecosystem means being willing to wander through the many different corners of the community and look for value in places we often overlook. It’s about showing up at events, community meetings, and pitch competitions — not just to participate, but to notice how each of these "nodes" in the ecosystem connects and adds value to the others.

Sometimes the trailblazer only walks a trail once: as they are discovering it. If you can help others see a newfound trail’s purpose and potential, it becomes a path others can follow more easily in the future. That’s the real work of a trailblazer: mapping connections, framing their value, and helping people recognize how those pathways strengthen the ecosystem as a whole.

In a broader sense, trailblazing is about seeing things not just as they are, but as they could be. Then taking the steps, however small, that make that vision real.

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The Houston Innovation Awards program is sponsored by Houston Community College, Houston Powder Coaters, FLIGHT by Yuengling, and more to be announced soon. For sponsorship opportunities, please contact sales@innovationmap.com.

Houston-area VC funding sunk to 5-year low in Q3 2025, report says

by the numbers

Fundraising for Houston-area startups experienced a summertime slowdown, sinking to a five-year low in the third quarter, according to the latest PitchBook-NVCA Venture Monitor.

The PitchBook-NVCA Venture Monitor shows startups in the Houston metro area attracted $204.4 million in venture capital from June through August. That’s 55 percent below the total for the previous quarter and 51 percent below the total for the third quarter of 2024.

More telling than those figures is that the third-quarter haul dropped to its lowest total for Houston-area startups since the fourth quarter of 2020, when $133.4 million in VC was raised. That was the third full quarter after health officials declared the pandemic in the U.S.

In Q3 2025, AI accounted for nearly 40 percent of VC deal volume in the U.S., Kyle Stanford, director of U.S. venture research at PitchBook, said in the report. And through the first nine months of 2025, AI represented 64 percent of U.S. deal value.

VC deal activity “has been nearly steady, emphasizing a consistent influx of companies, especially at the pre-seed and seed stages,” Stanford said. “Large deals remain the primary driver of market deal value, with almost all of these deals focused on AI.”

Bobby Franklin, president and CEO of NVCA, said that while fundraising hasn’t returned to pre-pandemic highs, deal values are going up in sectors such as AI, manufacturing, robotics and space tech, many of which have already exceeded their investment totals for all of 2024.

Meet 6 of the fastest-growing scaleup companies in Houston right now

meet the finalists

From raising funding rounds to earning FDA acceptance, some of Houston's most innovative companies have reached major milestones this year.

The 2025 Houston Innovation Awards will recognize their progress by bringing back our Scaleup of the Year category for the second year. The award honors an innovative later-stage startup that's recently reached a significant milestone in company growth.

Six breakthrough businesses have been named finalists for the 2025 award. They range from climatetech startups to a biotech company developing new drugs for neurodegenerative diseases and more.

Read more about these businesses and their impressive growth below. Then join us at the Houston Innovation Awards on Nov. 13 at Greentown Labs, when the winner will be unveiled at our live awards ceremony.

Tickets are now on sale for this exclusive event celebrating all things Houston Innovation. Corporate 10-packs, featuring reserved seating and custom branding, and individual tickets are still available. Secure your seats today.

Coya Therapeutics

Clinical-stage biotechnology company Coya Therapeutics (NASDAQ: COYA) has developed COYA-302 that enhances anti-inflammatory T cell function and suppresses harmful immune activity. The drug candidate is being advanced for several neurodegenerative diseases—including ALS, Alzheimer’s, Parkinson’s, and frontotemporal dementia—and has demonstrated promising reductions in neuroinflammation in preclinical and early clinical studies, according to the company.

Coya, founded in 2021, received FDA acceptance for its investigational new drug application for COYA-30 this summer. It closed its IPO in January 2023 for more than $15 million and added $26 million in PIPE funding that same year. Last year, the company secured an additional $15 million in PIPE funding.

Fervo Energy

Houston-based Fervo Energy is working to provide 24/7 carbon-free energy through the development of cost-competitive geothermal power. The company is developing its flagship Cape Station geothermal power project in Utah, which is expected to generate 400 megawatts of clean energy for the grid. The first phase of the project will supply 100 megawatts of power beginning in 2026. The second phase is scheduled to come online by 2028.

The company raised $205.6 million in capital to help finance the project earlier this year and fully contracted the project's capacity with the addition of a major power purchase agreement from Shell. Founded in 2017 by CEO Tim Latimer and CTO Jack Norbeck, Fervo is now a unicorn, meaning its valuation as a private company has surpassed $1 billion. In March, Axios reported Fervo is targeting a $2 billion to $4 billion valuation in an IPO.

Koda Health

Houston-based Koda Health has developed an advance care planning platform (ACP) that allows users to document and share their care preferences, goals and advance directives for health systems. The web-based platform guides patients through values-based decisions with interactive tools and generates state-specific, legally compliant documents that integrate seamlessly with electronic health record systems. The company also added kidney action planning to its suite of services for patients with serious illnesses last year.

Koda Health was founded out of the TMC's Biodesign Fellowship in 2020 by CEO Tatiana Fofanova, chief medical officer Dr. Desh Mohan, and chief technology officer Katelin Cherry. The company raised a $7 million series A earlier this year, and also announced major partnerships and integrations with Epic, Guidehealth, Medical Home Network, Privia Health and others.

Mati Carbon

Houston climatetech company Mati Carbon removes carbon through its Enhanced Rock Weathering (ERW) program that works with agricultural farms in Africa and India. Mati says the farmers it partners with are some of the most vulnerable to the impacts of climate change. The nonprofit won the $50 million grand prize in the XPRIZE Carbon Removal competition, backed by Elon Musk’s charitable organization, The Musk Foundation, earlier this year.

Mati Carbon scaled operations in India, Zambia, and Tanzania this year and has advanced its proprietary measurement, reporting and verification (MRV) platform, known as matiC, enabling seamless field data capture, chain-of-custody and carbon accounting at scale. The company was founded in 2022 by co-directors Shantanu Agarwal and Rwitwika Bhattacharya.

Molecule

Houston-based Molecule Software has developed an energy trading risk management (ETRM) platform that allows companies trading power, oil and gas, biofuels, renewables and more stay ahead as the markets evolve.

The company closed a Series B round earlier this year for an undisclosed amount. Sameer Soleja, founder and CEO of Molecule, said at the time that the funding would allow the company to "double down on product innovation, grow our team, and reach even more markets." The company was founded in 2012 by CEO Sameer Soleja and participated in the Surge Accelerator the same year.

Utility Global

Houston-based Utility Global has developed its proprietary eXERO technology that produces low-cost, clean hydrogen from water and industrial off-gases without requiring grid electricity.

First founded in 2018 by CEO Parker Meeks, the company participated in Greentown Labs and the Rice Alliance for Technology and Entrepreneurship programs. It raised a $55 million funding round earlier this year and launched commercial partnerships with ArcelorMittal Brazil and Hanwha Group in South Korea to deploy its hydrogen solutions at scale.

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The Houston Innovation Awards program is sponsored by Houston Community College, Houston Powder Coaters, FLIGHT by Yuengling, and more to be announced soon. For sponsorship opportunities, please contact sales@innovationmap.com.