Houston space co. adds new adviser, startup named SXSW alternate, and more innovation news

short stories

Here's your latest roundup of innovation news you may have missed. Photo via Getty Images

Houston startup news is in full swing this year, and there might be some headlines you may have missed.

In this roundup of short stories within Houston startups and tech, Venus Aerospace makes an impressive appointment, a sportstech startup is headed to SXSW, and more.

Houston space startup names former NASA administrator to board

Jim Bridenstine, formerly NASA's administrator, has joined Venus Aerospace. Photo courtesy of Venus

A Houston-based company that's creating reusable hypersonic drones and spaceplanes has named its latest adviser. Jim Bridenstine, who served as the 13th administrator for NASA, is Venus Aerospace's latest addition to the team.

"I'm excited to be on the board of advisors for Venus Aerospace," Bridenstine says in a statement. "We have been plowing through the atmosphere at Mach 0.7 for over 70 years. This not only wastes time, but it also costs too much money and places greenhouse gasses in the atmosphere. It's time to disrupt the transportation business and Venus Aerospace has the talent to do it."

"Now we're going above the atmosphere, at hypersonic speeds, to get from one side of the planet to the other in a much cleaner way," he continues.

Founded in California in 2020 and then relocated to the Houston Spaceport, Venus is scaling after raising a $20M series A last spring.

"Jim brings a very unique perspective and capabilities from aviator to congressman to administrator," says Andrew Duggleby, CTO and co-founder, in the release. "The thing that gets me most excited is his ability to jump in, understand the context, and know exactly where he can make an immediate difference."

Houston startup snags spot as SXSW Pitch alternate

This Houston tech company has been named an alternate for the 2023 SXSW pitch. Photo via SXSW

SXSW announced 40 finalists for the 15th annual SXSW Pitch competition taking place March 11 to 12.

"Since its inception, SXSW Pitch has been front row to some of the most ambitious startups from around the world, using creative ideas to change their industry’s future," says SXSW Pitch Event Producer Chris Valentine in a news release. "We are thrilled to play a role in helping shape these early-stage ventures and connect them with the resources they need to thrive. This year’s competition will be a representation of the incredible and innovative work being done around the world."

In addition to the finalists for each category, SXSW names a handful of alternates. This year, Houston-based AiKYNETIX was included in the Artificial Intelligence, Robotics & Voice category.

AiKYNETIX, which was founded in January 2021, uses real-time video analytics technology to provide a new option for runners on treadmills. App users — runners and their coaches — then can measure running form and running performance metrics to improve training.

Houston IT and software services company claims spot on 2023 cloud tech awards

Rajasekhar Gummadapu is the CEO of Techwave. Photo via Techwave

Houston-based Techwave has won a prestigious award. The company claimed the “Best Cloud Migration or Systems Integration Solution” award at the 2022-2023 International Cloud Awards.

The award, which recognizes and honors industry leaders, innovators, and organizational transformation in cloud computing, was announced earlier this month.

"It is an honor to receive the Best Cloud Migration award at the International Cloud Awards," says Raj Gummadapu, co-founder and CEO, in a news release. "This accolade is a reflection of our relentless pursuit of innovation and delivering exceptional solutions."

Techwave is a global IT and engineering services and solutions company revolutionizing digital transformations.

Houston startup secures latest level of compliance

Koda Health has cleared a new level of compliance. Image via kodahealthcare.com

Growing Houston company Koda Health has announced that it achieved SOC 2 Type II compliance, a distinction that indicates a certain standard of securing customer data.

"This compliance demonstrates our commitment to protecting our partners and their data through enterprise-level security protocol and standards," the company announced on LinkedIn.

Koda Health was audited by Prescient Assurance, a leader in security and compliance attestation for B2B, SAAS companies worldwide, according to the company.

Get a sneak peek into the inaugural InnovationMap Awards presented by Techwave. Photo by Queen's Photoworks

Photos: InnovationMap shares scenes from its 2021 awards celebration

event highlights

Last week, the inaugural InnovationMap Awards presented by Techwave honored 28 companies across eight categories.

The hybrid event, which took place on September 8, was hosted at The Cannon West Houston as well as streamed online. The in-person attendees included finalists, judges, partners, and sponsors as well as their guests. Missed the event? We rounded up some moments in an episode of the Houston Innovators Podcast as well as the slideshow below.

Click here to read more articles about the InnovationMap Awards.

Scenes from the 2021 InnovationMap Awards

Photo by Queen's Photoworks

The crowd of startup founders, corporate innovators, and more attended the event at The Cannon West Houston.

Want more from the awards?

And the finalists for the inaugural InnovationMap Awards are... Graphic via Gow Media

InnovationMap names 28 Houston startup finalists for inaugural awards

who will take home the win?

Who are Houston's rising stars across energy transition, sports tech, health, and more? InnovationMap set out on a quest to discover that for its inaugural awards. Ahead of the September 8 event, we're revealing the finalists across all categories.

Eight judges evaluated over 100 applications across eight categories for the 2021 InnovationMap Awards presented by Techwave. This year's judges included: Juliana Garaizar, head of the Houston incubator and vice president of innovation at Greentown Labs; Alex Gras, managing director at The Cannon; Rajasekhar Gummadapu, co-founder and CEO of Techwave; Natalie Harms, editor of InnovationMap; Serafina Lalany, interim president at Houston Exponential; Jon Nordby, managing director at MassChallenge; Emily Reiser, senior manager of innovation community engagement at the Texas Medical Center; and Grace Rodriguez, CEO and executive director of Impact Hub Houston.

The winners will be announced and celebrated — along with this year's previously announced Trailblazer Award recipient, Barbara Burger of Chevron Technology Ventures — at the September 8 event at The Cannon - West Houston. Honorees, sponsors, judges, and their guests will celebrate in person, and the rest of the innovation community is invited to tune in to the livestream. Click here to RSVP.

Sponsorships are still available! If you are interested in partnering with InnovationMap as a sponsor of this event, send an email to awards@innovationmap.com.

Without further adieu, here are this year's finalists:

BIPOC-Founded Business Finalists

The finalists for the BIPOC-Founded Business Award category, honoring innovative tech companies founded or co-founded by BIPOC representation, are:

Allotrope Medical — creator of StimSite, a device that improves surgical safety and efficiency in millions of operations performed every year.
Hello Alice — a small business owner's passport through entrepreneurship that helps with networking, raising capital, and accessing growth tools.
LAMIK Beauty — a tech-enabled clean color cosmetics company focusing on women of all diverse backgrounds
Molecule Software — creator of a leading cloud-native energy trading software.

Female-Founded Business Finalists

The finalists for the Female-Founded Business Award category presented by Veritex Community Bank, honoring innovative tech companies founded or co-founded by women, include:

DonateStock — simplifying the process of donating stock and helping nonprofits solicit, process, and manage stock donations.
Hello Alice — a small business owner's passport through entrepreneurship that helps with networking, raising capital, and accessing growth tools.
re:3D Inc. — producer of large, affordable industrial 3D printers, and services that can print with new or recycled filament, pellets, or flake.
RingOn — wearable GPS tracker that is also a panic button that's designed for school kids and with an impact-driven mission of ending child trafficking.
Topl — impact monetization engine that enables digital and sustainable transformation across value chains and empowers the monetization of impact verified on the Topl Blockchain.
Zibrio Inc. — a fall prevention solution that empowers both clinicians and patients for better outcomes.

Health Care Business Finalists

The finalists for the Health Care Business Award category presented by Gray Reed, which honors health care businesses with an innovative solution within life sciences, include:

Allotrope Medical — creator of StimSite, a device that improves surgical safety and efficiency in millions of operations performed every year.
Medical Informatics Corp. — creator of Sickbay, which features web-based applications that transform data into actionable information to help care teams make better, faster decisions.
Saranas — creator of the Early Bird, the first and only FDA-approved bleed detection system for endovascular procedures.
Starling Medical — using AI and telehealth enabled medical devices to enable millions with bladder dysfunctions to be able to urinate safely and conveniently again.

Energy Transition Business Finalists

The finalists for the Energy Transition Business category, which honors energy business with innovative solutions within renewables, climatetech, clean energy, and beyond, are:

Cemvita Factory — engineering microbes that eat CO2 and produce valuable chemicals.
Data Gumbo — creator of an interconnected industrial smart contract network secured and powered by blockchain.
Enercross LLC — automation software for the energy industry.
Nanotech — a material science company with a mission to fireproof the world and reduce energy consumption.
re:3D Inc. — producer of large, affordable industrial 3D printers, and services that can print with new or recycled filament, pellets, or flake.
Renewell Energy — converting idle oil and gas wells into flexible energy storage.

Sports Tech Business Finalists

The finalists for the Sports Tech Business category, which is honoring a sports tech business with an innovative solution within sports are:

FitLift — a wearable device and mobile platform that tracks motion and gives real-time feedback on lifting technique, allowing trainers, and athletes to drive results.
Mainline — an esports tournament management system, tournament organizer, and event production company.
sEATz — a mobile ordering and delivery platform for food, drinks, and merchandise at large events.

Space Tech Business Finalists

The finalists for the Space Tech Business category, which is honoring an aerospace business with an innovative solution within space exploration. are:

Cemvita Factory — engineering microbes that eat CO2 and produce valuable chemicals.
Cognitive Space — providing a scalable satellite constellation management solution to the space industry.
NANCO Aero — developing package- and person-carrying air vehicles.

Top Founder Under 40 Finalists

The finalists for the Top Founder Under 40 category, which honors an innovative founder younger than 40 by Sept. 8, 2021, are:

Pamela Singh of CaseCTRL — using artificial intelligence and automation to streamline surgical scheduling.
Timothy Neal of GoExpedi — an e-commerce, supply chain, and analytics company that is streamlining procurement for industrial and energy MRO (maintenance, repair and operations).
Kim Roxie of LAMIK Beauty — a tech-enabled clean color cosmetics company focusing on women of all diverse backgrounds.
Emma Fauss of Medical Informatics Corp. — creator of Sickbay, which features web-based applications that transform data into actionable information to help care teams make better, faster decisions.
Emily Cisek of The Postage — a legacy planning platform using tech to make afterlife decision making easier.

People’s Choice: Startup of the Year Finalists

The finalists for the People's Choice: Startup of the Year category, which will each present a 60-second live elevator pitch at the event on September 8, are:

Cheers Health — creating products that are designed to support your liver and help you feel better after consuming alcohol.
GoCo — all-in-one employee management platform.
Hello Alice — a small business owner's passport through entrepreneurship that helps with networking, raising capital, and accessing growth tools.
Liongard — a platform that helps Information Technology companies automatically discover, document, and audit their customers' IT systems.
Nanotech — a material science company with a mission to fireproof the world and reduce energy consumption.
re:3D Inc. — producer of large, affordable industrial 3D printers, and services that can print with new or recycled filament, pellets, or flake.
Topl — impact monetization engine that enables digital and sustainable transformation across value chains and empowers the monetization of impact verified on the Topl Blockchain.

Raj Gummadapu, CEO and co-founder of Techwave, is excited to be working among the tech scene in Houston. Photo courtesy of Techwave

Software co. leader shares why he bet on Houston's tech talent with HQ move

houston innovators podcast episode 96

A couple years ago, Raj Gummadapu and his executive team moved the Techwave headquarters to Houston from the Northeast in order to access a diverse workforce in a city with a developing tech scene. He's never looked back.

Gummadapu joined this week's episode of the Houston Innovators Podcast to discuss why he placed his bets on Houston and took his global IT services and solutions company from the suburbs of Philadelphia to the Bayou City — a move that happened as Techwave became more globally focused.

"When we started looking at various cities, Houston presented itself as a great opportunity," Gummadapu says on the episode. "Houston is home to large Fortune 500 companies, and the talent pool we get here has really attracted us to make this as our home."

The company, which employs 1,800 people, provides end-to-end software solutions for companies from scaling startups to massive corporations.

"We are widely spread in terms of our service offerings," Gummadapu says. "Our unique positioning on Techwave is it's the right sized organization for companies that are looking for services partners with strong domain knowledge and great expertise with the technology, but has a quality of being a good transition partner."

Gummadapu says Techwave has several startups in its portfolio of clients across industries, including health tech, education tech, and blockchain.

"We service a lot of technology companies in startup stage," Gummadapu says. "We bring that core knowledge to the table and help startups think from a different angle, as well as bring our services from the domain knowledge standpoint to work collaboratively to deliver a solution to startups. We're the perfect fit for startups and bring a 360-degree view."

Techwave is again betting on Houston and its startup ecosystem as the presenting sponsor for the inaugural InnovationMap Awards. Nominations for the awards have closed, but online registration for the hybrid event is open.

Gummadapu shares more on how he's seen the software services industry evolve over his 20-plus years in the industry, as well as the challenges he's facing today on the episode. Stream the show below or wherever you get your podcasts.

You have an extra week to submit your nominations. Graphic via Gow Media

Deadline extended for inaugural InnovationMap Awards nominations

nominate now

If you didn't get a chance to submit your nomination for the inaugural InnovationMap Awards presented by Techwave by the July 23 deadline — you're in luck. The nomination period has been extended, and you now have an extra week to submit.

The new — and final — deadline for nominations is July 30 by midnight. Submissions can be made online at InnovationMapAwards.com.

Following nominations, the nominated companies will receive an application to submit by August 13. The already nominated companies will receive their applications today. So, if you're interested in being a part of the awards and you haven't received an application from InnovationMap by the end of Monday, July 26, your company has not already been nominated.

The categories for the awards are:

BIPOC-Owned Business honoring an innovative tech company founded or co-founded by BIPOC representation
Female-Owned Business honoring an innovative tech company founded or co-founded by a woman
Health Care Business honoring a health care business with an innovative solution within life sciences
Energy Transition Business honoring an energy business with an innovative solution within renewables, climatetech, clean energy, and beyond
Space Tech Business honoring an aerospace business with an innovative solution within space exploration
Sports Tech Business honoring a tech business with an innovative solution within sports
Top Founder Under 40 honoring an innovative founder younger than 40 by Sept. 8, 2021
Lifetime Achievement Award honoring an innovator who's made a lasting impact on the Houston innovation community
People's Choice: Startup of the Year selected via an internet voting portal ahead of the event
Techwave's Texas Advocate Awards honoring two non-Houston based companies selected by our presenting sponsor, Techwave

Earlier this month, InnovationMap named the eight judges for this year's awards. Click here to see who will be selecting the award finalists and winners.

Follow along on InnovationMap as we learn more about the program's inaugural nominees. Then, on September 8, we will host the finalists and a group of special guests at The Cannon for a celebration of the city's top innovators. A livestream of the event will be open to everyone on the night of the awards — tune in to find out who takes home the big win across all 10 categories.

Click here to RSVP for what will surely be a can't-miss event in Houston innovation.

Here's who's making the call for the inaugural InnovationMap Awards. Photos courtesy

InnovationMap names judges for inaugural awards program

in the hot seat

It's been two weeks since InnovationMap announced its inaugural awards program presented by Techwave — and the ecosystem is already buzzing with excitement to find out the top innovative companies in town.

The InnovationMap Awards will honor Houston's innovators and their breakthrough technologies across industries. The program and hybrid event — which will take place September 8 — will shine a spotlight on the movers and shakers within Houston's burgeoning innovation community. Nominations are open for the awards now — and the deadline to submit your nomination is July 23.

Click here to nominate a deserving company.

But who will decide this year's finalists and winners for the event? A cohort of eight of the best innovation leaders in the Bayou City. Introducing: The 2021 InnovationMap Awards judges:

Juliana Garaizar, head of Greentown Houston and vice president of Greentown Labs

Courtesy photo

A longtime angel investor and Houston innovation leader, Juliana Garaizar is no stranger to the local ecosystem. Prior to her current role leading Greentown Labs in Houston, she served as director of the Texas Medical Center's Venture Fund and managing director at the Houston Angel Network. She's also involved with Houston-based Business Angel Minority Association, or baMa, and has worked with Portfolia for over five years.

Jon Nordby, managing director at MassChallenge

Photo courtesy of MassChallenge

A leader in Houston innovation for several years now, Jon Nordby oversees Boston-based MassChallenge's entire Texas operation. MassChallenge's global accelerator program supports an annual cohort of startups across industries. Prior to his current role, he served as director of strategy at Houston Exponential and vice president of talent and innovation at the Greater Houston Partnership.

Grace Rodriguez, CEO and executive director of Impact Hub Houston

Photo courtesy of Impact Hub Houston

Grace Rodriguez has dedicated herself to helping do-gooders do greater, as her LinkedIn page proudly boasts, and for the past three years, she's been doing that by leading Impact Hub Houston, a locally rooted, globally connected 501c3 nonprofit that champions inclusive, impact-driven innovation. She also co-founded Station Houston in 2016.

Emily Reiser, senior manager of innovation community engagement at the Texas Medical Center

Photo courtesy of TMC Innovation

Emily Reiser is like a switchboard operator for TMC Innovation, where she's worked with health tech startups since 2019. She supports clinicians, innovators, corporate partners, and business advisers who are dedicated to advancing healthcare innovation all while providing a common ground for collaboration, connection, and innovation.

Serafina Lalany, vice president of operations at Houston Exponential

Photo courtesy of Serafina Lalany

Serafina Lalany leads operations at Houston Exponential, the city's nonprofit focused on accelerating the development of Houston's innovation economy. She's also a board member of Diversity Fund Houston — a micro venture fund created to invest in minority tech founders during the "friends and family round."

Alex Gras, managing director at The Cannon

Photo via LinkedIn

After spending eight years in oil and gas, Alex Gras took his management skills to The Cannon Houston — a network of entrepreneurial hubs across Houston. The Cannon is the InnovationMap Awards venue for the September 8 event.

Rajasekhar Gummadapu, CEO of Techwave

Photo courtesy

Raj Gummadapu is the co-founder of Techwave, the award program's presenting sponsor. An accountant by trade, he has about 17 years of experience with combination of working with "big 5" consulting companies and various midsize to Fortune 100 companies across different industries on various strategic initiatives and global process and systems transformations.

Natalie Harms, editor of InnovationMap

Photo courtesy

Natalie Harms has been at the helm of InnovationMap — Houston's voice for Innovation — since its inception in October 2018. She oversees all editorial operations of the site and hosts its weekly podcast, the Houston Innovators Podcast.

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Biosciences startup becomes Texas' first decacorn after latest funding

A Dallas-based biosciences startup whose backers include millionaire investors from Austin and Dallas has reached decacorn status — a valuation of at least $10 billion — after hauling in a series C funding round of $200 million, the company announced this month. Colossal Biosciences is reportedly the first Texas startup to rise to the decacorn level.

Colossal, which specializes in genetic engineering technology designed to bring back or protect various species, received the $200 million from TWG Global, an investment conglomerate led by billionaire investors Mark Walter and Thomas Tull. Walter is part owner of Major League Baseball’s Los Angeles Dodgers, and Tull is part owner of the NFL’s Pittsburgh Steelers.

Among the projects Colossal is tackling is the resurrection of three extinct animals — the dodo bird, Tasmanian tiger and woolly mammoth — through the use of DNA and genomics.

The latest round of funding values Colossal at $10.2 billion. Since launching in 2021, the startup has raised $435 million in venture capital.

In addition to Walter and Tull, Colossal’s investors include prominent video game developer Richard Garriott of Austin and private equity veteran Victor Vescov of Dallas. The two millionaires are known for their exploits as undersea explorers and tourist astronauts.

Aside from Colossal’s ties to Dallas and Austin, the startup has a Houston connection.

The company teamed up with Baylor College of Medicine researcher Paul Ling to develop a vaccine for elephant endotheliotropic herpesvirus (EEHV), the deadliest disease among young elephants. In partnership with the Houston Zoo, Ling’s lab at the Baylor College of Medicine has set up a research program that focuses on diagnosing and treating EEHV, and on coming up with a vaccine to protect elephants against the disease. Ling and the BCMe are members of the North American EEHV Advisory Group.

Colossal operates research labs Dallas, Boston and Melbourne, Australia.

“Colossal is the leading company working at the intersection of AI, computational biology, and genetic engineering for both de-extinction and species preservation,” Walter, CEO of TWG Globa, said in a news release. “Colossal has assembled a world-class team that has already driven, in a short period of time, significant technology innovations and impact in advancing conservation, which is a core value of TWG Global.”

Well-known genetics researcher George Church, co-founder of Colossal, calls the startup “a revolutionary genetics company making science fiction into science fact.”

“We are creating the technology to build de-extinction science and scale conservation biology,” he added, “particularly for endangered and at-risk species.”

Houston investment firm names tech exec as new partner

new hire

Houston tech executive Robert Kester has joined Houston-based Veriten, an energy-focused research, investment and strategy firm, as technology and innovation partner.

Kester most recently served as chief technology officer for emissions solutions at Honeywell Process Solutions, where he worked for five years. Honeywell International acquired Houston-based oil and gas technology company Rebellion Photonics, where Kester was co-founder and CEO, in 2019.

Honeywell Process Solutions shares offices in Houston with the global headquarters of Honeywell Performance Materials and Technologies. Honeywell, a Fortune 100 conglomerate, employs more than 850 people in Houston.

“We are thrilled to welcome Robert to the Veriten team,” founder and CEO Maynard Holt said in a statement, “and are confident that his technical expertise and skills will make a big contribution to Veriten’s partner and investor community. He will [oversee] every aspect of what we do, with the use case for AI in energy high on the 2025 priority list.”

Kester earned a doctoral degree in bioengineering from Rice University, a master’s degree in optical sciences from the University of Arizona and a bachelor’s degree in laser optical engineering technology from the Oregon Institute of Technology. He holds 25 patents and has more than 25 patents pending.

Veriten celebrated its third anniversary on January 10, the day that the hiring of Kester was announced. The startup launched with seven employees.

“With the addition of Dr. Kester, we are a 26-person team and are as enthusiastic as ever about improving the energy dialogue and researching the future paths for energy,” Holt added.

Kester spoke on the Houston Innovators Podcast in 2021. Listen here

Startup funding, sportstech win and more trending innovation news for January

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