Calling all future coders — here's a new spot to tap into your new career. Image via Getty Images

Tech Elevator, a national coding education provider, opened its latest campus last month in the Houston area.

The new facility, located within Industrious Westchase, at 2101 CityWestBlvd, will teach students through its well-known coding bootcamps, as well as provide locally focused career placement support and a co-working space.

The company has named Brian Candido, who has more than 10 years experience in career services, as Market Leader for Tech Elevator Houston. He'll oversee campus operations, admissions, student and alumni engagement, event coordination and business development at the new site.

“Houston is known as the energy capital of the world, but its tech ecosystem is far more diverse than that," Candido said in a statement. "From space technology to biotech and everything in between, Houston has a thriving tech scene that is making waves on the national and international stage.”

The Houston campus will host one of its first events, Women, Wine and Web Design, on May 3. Laptops with Chrome or Firefox are required. Click here for more information.

Tech Elevator's immersive online bootcamps are offered in 14-week, full-time, part-time, in-person and National Live Remote sessions. The Houston campus is the company's ninth location in the U.S., with others located in Cleveland, Cincinnati, Pittsburgh, Philadelphia, Washington D.C.; Columbus, Ohio; Jersey City, New Jersey; and Wilmington, North Carolina.

Anthony Hughes, co-Founder and CEO, said the company is expanding to Houston after seeing an increased local interest in Tech Elevator's bootcamps.

“We’re expanding our footprint into Houston to meet that growing demand and we look forward to making a big impact with local individuals, local companies and communities,” Hughes said in a statement.

The company has placed close to 3,000 students in technology jobs, and claims a graduation rate of 93 percent and a job placement rate of 88 percent, according to a release. It is now accepting student applications for its 2023 coding bootcamp cohorts.

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Houston quantum energy chip startup emerges from stealth with $12M round

seed funding

Houston-based Casimir has emerged from stealth with a $12 million seed round to commercialize its quantum energy chip.

The round was led by Austin-based Scout Ventures. Lavrock Ventures, Cottonwood Technology, Capital Factory, American Deep Tech, and Tim Draper of Draper Associates also participated in the round. The oversubscribed round exceeded the company’s original $8 million target, according to a news release.

Casimir’s semiconductor chips can generate power from quantum vacuum fields without the need for batteries or charging. The company plans to commercialize its first-generation MicroSparc chip by 2028.

The MicroSparc chip measures 5 millimeters by 5 millimeters and is designed to produce 1.5 volts at 25 microamps, comparable to a small rechargeable battery, without degradation and no replacement cycle.

“Casimir represents exactly the kind of breakthrough dual-use technology Scout Ventures was built to back,” Brad Harrison, founder and managing partner at Scout Ventures, said in the release. “This is based on 100 years of science and we’re finally approaching a commercial product … We’re proud to lead this round and support Casimir’s journey from applied science to deployed technology.”

Casimir says it aims to scale its technology across the ”full power spectrum,” including large-scale energy systems that can power homes, commercial infrastructures and electric vehicles.

Casimir's scientific work has been supported by DARPA-funded nanofabrication research and its technology was incubated at the Limitless Space Institute (LSI). LSI is a nonprofit that works to innovate interstellar travel and was founded by Kam Ghaffarian. Technology investor and serial entrepreneur Ghaffarian has been behind companies like X-energy, Intuitive Machines, Axiom Space and Quantum Space.

Harold “Sonny” White, founder and CEO of Casimir, believes the technology can power devices for years without replacements.

“Millions of devices will operate for years without a battery ever needing to be replaced or recharged because we have engineered a customized Casimir cavity into hardware capable of producing persistent electrical power,” White added in the release. “I spent nearly two decades at NASA studying how we power humanity’s future. That work led me to the Casimir effect and the quantum vacuum, where new tools have allowed us to build on a century of scientific knowledge and bring abundant power to the world.”

Houston-based Fervo Energy bumps up IPO target to $1.82 billion

IPO update

Houston-based geothermal power company Fervo Energy is now eyeing an IPO that would raise $1.75 billion to $1.82 billion, up from the previous target of $1.33 billion.

In paperwork filed Monday, May 11 with the U.S. Securities and Exchange Commission, Fervo says it plans to sell 70 million shares of Class A common stock at $25 to $26 per share.

In addition, Fervo expects to grant underwriters 30-day options to buy up to 8.33 million additional shares of Class A common stock. This could raise nearly $200 million.

When it announced the IPO on May 4, Fervo aimed to sell 55.56 million shares at $21 to $24 per share, which would have raised $1.17 billion to $1.33 billion. The initial valuation target was $6.5 billion.

A date for the IPO hasn’t been scheduled. Fervo’s stock will be listed on Nasdaq under the ticker symbol FRVO.

Fervo, founded in 2017, has attracted about $1.5 billion in funding from investors such as Bill Gates-founded Breakthrough Energy Ventures, Google, Mitsubishi Heavy Industries, Devon Energy (which is moving its headquarters to Houston), Tesla co-founder JB Straubel, CalSTRS, Liberty Mutual Investments, AllianceBernstein, JPMorgan, Bank of America and Sumitomo Mitsui Trust Bank.

Fervo’s marquee project is Cape Station in Beaver County, Utah, the world’s largest EGS (enhanced geothermal system) project. The first phase will deliver 100 megawatts of baseload clean power, with the second phase adding another 400 megawatts. The site can accommodate 2 gigawatts of geothermal energy. Fervo holds more than 595,000 leased acres for potential expansion.

Cape Station has secured power purchase agreements for the entire 500-megawatt capacity. Customers include Houston-based Shell Energy North America and Southern California Edison.

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