Houston-based companies Alert Logic and Innowatts each announced partnerships that will provide international opportunities. Getty Images

Not sure if it's because of a rush to close 2018 deals before year end or just the collaborative holiday spirit, but two Houston-based, tech-focused companies have announced partnerships with other service companies that will expand the two entities' reach worldwide.

Innowatts Inc. inks partnership, expands into Japanese market

Courtesy of Innowatts

A Houston utilities analytics company has linked up with one of Japan's largest consulting and management advisory firms to bring its software and AI technology to the country's newly deregulated energy market. Innowatts announced the strategic regional partnership with ABeam Consulting December 13.

Innowatts launched in 2013 and has provided about 20 million retail energy consumers with cost-cutting predictive energy analytics. The new alliance will allow Innowatts to utilize its analysis software and AI-enabled technology in Japan's evolving energy market.

"As market reforms take hold and competitive pressures increase, it's important that we provide our clients the most effective tools and solutions to help them compete effectively," Takahiro Yamada, principal and head of financial and social infrastructure business unit of ABeam, says in the release. "Adding the Innowatts technology to our solution suite adds a wide range of new tools and capabilities that leverages the experience of some of the world's largest and most competitive retail energy markets."

Entering the Japanese market, Innowatts' focus will be on reaching out to new retail energy providers.

"As one of the largest and most respected consulting firms and system integrators in Japan, ABeam brings a deep body of energy industry expertise and regional knowledge that will help us localize and scale our eUtility™ Platform to Japan and other Asia Pacific energy markets," said Sid Sachdeva, CEO of Innowatts.

Innowatts employs 55 people — roughly half are based in Houston — and has clients in the United States, Canada, and Europe.

In October, Innowatts appointed Krishnan Kasiviswanathan as chief commercial officer, overseeing the upstream sector of development. He's based in the Houston office. Prior to the appointment, Kasiviswanathan worked as chief commercial officer at Just Energy, a Houston-based retail energy company.

Alert Logic taps Chicago-based AVANT as first master agent partner

Photo via alertlogic.com

Houston-based, security-as-a-service company, Alert Logic, has its first master agency partner. The collaboration means AVANT Communications, a technology distribution and channel enablement company, can sell Alert Logic's software and services. The partnership was announced on December 11.

Christopher Rajiah, senior vice president of global alliances and partnerships at Alert Logic, says in the release that its AVANT's global network and trusted advisers that made the partnership so appealing.

"AVANT is an exceptional partner to bring Alert Logic to the Agent Channel community. This partnership will power AVANT's network of Trusted Advisors to help businesses navigate today's ever-changing threat landscape, while addressing compliance risks and resource constraints," Rajiah says. "Together, we're going to bring SIEMless Threat Management to organizations worldwide."

Alert Logic announced its SIEMless Threat Management™ in November as its new all-encompassing security technology at an affordable price for lower resourced companies.

"The partnership with AVANT is the first of its kind for Alert Logic and will be directly enabled through the agent channel community at a very critical time, when the growing shortage of security talent is driving the highest demand ever for managed security offerings," says Ian Kieninger, CEO and co-founder of AVANT, in the release. "Welcoming Alert Logic to our expanding portfolio of security services will advance our mission to drive the agent community into one of the fastest-growing sectors of the information technology industry. This is going to drive sales for our network of Trusted Advisors now and in the months and years to come."

Chris Church and Misha Govshteyn founded Alert Logic in 2002. The two now lead electronics manufacturing company, MacroFab.

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Houston humanoid robotics startup inks new deal to deploy its rugged robots

big deal

Houston-based Persona AI announced the expansion of its operations at the Ion and a major milestone in deploying its humanoid robots.

The company will establish a state-of-the-art development center in the prominent corner suite on the first floor of the Ion, and is slated to begin expansion in June.

“We chose the Ion because it’s more than just a building — it’s a thriving innovation ecosystem,” CEO Nicolaus Radford said in a news release. “This is where Houston’s tech future is being built. It’s a convergence point for the people, energy, and ideas that power our mission to redefine human-machine collaboration. For an industrial, AI-driven robotics company, there’s no better place to scale than in the heart of Houston.”

Persona AI’s new development center will be located in the suite utilized by the Ion Prototyping Lab, managed by TXRX Labs. The IPL will transition its operations to the expanded TXRX facility in the East End Maker Hub, which will allow the lab to grow its team and meet increased demand.

At the start of the year, Persona AI closed $25 million in pre-seed funding. Earlier this month, the company announced a memorandum of understanding with HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Robotic, and Korean manufacturing firm Vazil Company to create and deploy humanoid robots for complex welding tasks in shipyards.

The project will deliver prototype humanoids by the end of 2026, with field testing and full commercial deployment scheduled to begin in 2027.

"As heavy industry faces growing labor constraints—especially in high-risk trades like welding—the need for rugged, autonomous humanoid robots is more urgent than ever,” Radford added in a separate statement. “This partnership with HD Hyundai and Vazil is more than symbolic—deploying to the shipyard is one of the largest real-world proving grounds for Persona's tough, humanoid robots.”

Houston climatech co. to lead one of world's largest carbon capture projects

Big Deal

Houston-based CO2 utilization company HYCO1 has signed a memorandum of understanding with Malaysia LNG Sdn. Bhd., a subsidiary of Petronas, for a carbon capture project in Malaysia, which includes potential utilization and conversion of 1 million tons of carbon dioxide per year.

The project will be located in Bintulu in Sarawak, Malaysia, where Malaysia LNG is based, according to a news release. Malaysia LNG will supply HYCO1 with an initial 1 million tons per year of raw CO2 for 20 years starting no later than 2030. The CCU plant is expected to be completed by 2029.

"This is very exciting for all stakeholders, including HYCO1, MLNG, and Petronas, and will benefit all Malaysians," HYCO1 CEO Gregory Carr said in the release. "We approached Petronas and MLNG in the hopes of helping them solve their decarbonization needs, and we feel honored to collaborate with MLNG to meet their Net Zero Carbon Emissions by 2050.”

The project will convert CO2 into industrial-grade syngas (a versatile mixture of carbon monoxide and hydrogen) using HYCO1’s proprietary CUBE Technology. According to the company, its CUBE technology converts nearly 100 percent of CO2 feed at commercial scale.

“Our revolutionary process and catalyst are game changers in decarbonization because not only do we prevent CO2 from being emitted into the atmosphere, but we transform it into highly valuable and usable downstream products,” Carr added in the release.

As part of the MoU, the companies will conduct a feasibility study evaluating design alternatives to produce low-carbon syngas.

The companies say the project is expected to “become one of the largest CO2 utilization projects in history.”

HYCO1 also recently announced that it is providing syngas technology to UBE Corp.'s new EV electrolyte plant in New Orleans. Read more here.

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This story originally appeared on our sister site, EnergyCapitalHTX.com.

Texas tops ranking of best states for investors in new report

by the numbers

Texas ranks third on a new list of the best states for investors and startups.

Investment platform BrokerChooser weighed five factors to come up with its ranking:

  • 2024 Google search volume for terms related to investing
  • Number of investors
  • Number of businesses receiving investments in 2024
  • Total amount of capital invested in businesses in 2024
  • Percentage change in amount of investment from 2019 to 2024

Based on those figures, provided mostly by Crunchbase, Texas sits at No. 3 on the list, behind No. 1 California and No. 2 New York.

Especially noteworthy for Texas is its investment total for 2024: more than $164.5 billion. From 2019 to 2024, the state saw a 440 percent jump in business investments, according to BrokerChooser. The same percentages are 204 percent for California and 396 percent for New York.

“There is definitely development and diversification in the American investment landscape, with impressive growth in areas that used to fly under the radar,” says Adam Nasli, head analyst at BrokerChooser.

According to Crunchbase, funding for Texas startups is off to a strong start in 2025. In the first three months of this year, venture capital investors poured nearly $2.9 billion into Lone Star State companies, Crunchbase data shows. Crunchbase attributes that healthy dollar amount to “enthusiasm around cybersecurity, defense tech, robotics, and de-extincting mammoths.”

During the first quarter of this year, roughly two-thirds of VC funding in Texas went to just five companies, says Crunchbase. Those companies are Austin-based Apptronik, Austin-based Colossal Biosciences, Dallas-based Island, Austin-based NinjaOne, and Austin-based Saronic.