Rice University's Jones School of Business ranked No. 2 in Texas and No. 24 overall. Photo courtesy of Rice University

The 2023 results are in, and U.S. News and World Report has deemed three Houston universities among the best grad schools in the state, with some of its departments landing among the top 70 in the country.

Rice University's Jones School of Business ranked No. 2 in Texas and No. 24 overall in the nation, while the Brown School of Engineering earned the No. 30 spot among engineering schools, and third best program in Texas. Additionally, the university's department of psychology landed the No. 1 spot for its industrial and organizational psychology program.

Houston's University of Texas Health Science Center earned the No. 3 spots in Texas for its masters and doctorate nursing programs, with the programs earning the No. 28 and No. 33 spots overall in the nation.

The University of Houston earned the No. 5 spot in Texas for its graduate education program, and No. 70 nationally. It is the No. 63 best business school and No. 69 best engineering school in the nation, according to the report.

U.S. News publishes its national "Best Graduate Schools" rankings every year, which looks at several programs including business, education, engineering, fine arts, health, and many others. For the 2023-2024 report, the publication decided to withhold its rankings for law and medical schools, which will be published later this year. It also changed the methodology for ranking education and business schools by focusing on outcome rather than a program’s reputation and selectivity.

“When prospective students are considering their options for graduate school, the Best Graduate Schools rankings are designed to help them identify schools that excel in the program they want to study,” said LaMont Jones, senior editor of Education at U.S. News. “With many options available, U.S. News provides a wealth of data in an easy format to help each student make the best decision.”

Some category rankings have not been released for the 2023-24 school year, but the Baylor College of Medicine ranked No. 1 in Texas in the “Best Medical Schools: Research” and “Primary Care” categories for 2022. Additionally, the University of Houston Law Center, South Texas College of Law, and Texas Southern University Marshall School of Law previously ranked No. 3 (tied), No. 6, and No. 8 respectively in Texas for the 2022-2023 academic year.

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This article originally ran on CultureMap.

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Houston maritime startup raises $43M to electrify vessels, opens new HQ

Maritime Mission

A Houston-based maritime technology company that is working to reduce emissions in the cargo and shipping industry has raised VC funding and opened a new Houston headquarters.

Fleetzero announced that it closed a $43 million Series A financing round this month led by Obvious Ventures with participation from Maersk Growth, Breakthrough Energy Ventures, 8090 Industries, Y Combinator, Shorewind, Benson Capital and others. The funding will go toward expanding manufacturing of its Leviathan hybrid and electric marine propulsion system, according to a news release.

The technology is optimized for high-energy and zero-emission operation of large vessels. It uses EV technology but is built for maritime environments and can be used on new or existing ships with hybrid or all-electric functions, according to Fleetzero's website. The propulsion system was retrofitted and tested on Fleetzero’s test ship, the Pacific Joule, and has been deployed globally on commercial vessels.

Fleetzero is also developing unmanned cargo vessel technology.

"Fleetzero is making robotic ships a reality today. The team is moving us from dirty, dangerous, and expensive to clean, safe, and cost-effective. It's like watching the future today," Andrew Beebe, managing director at Obvious Ventures, said in the news release. "We backed the team because they are mariners and engineers, know the industry deeply, and are scaling with real ships and customers, not just renderings."

Fleetzero also announced that it has opened a new manufacturing and research and development facility, which will serve as the company's new headquarters. The facility features a marine robotics and autonomy lab, a marine propulsion R&D center and a production line with a capacity of 300 megawatt-hours per year. The company reports that it plans to increase production to three gigawatt-hours per year over the next five years.

"Houston has the people who know how to build and operate big hardware–ships, rigs, refineries and power systems," Mike Carter, co-founder and COO of Fleetzero, added in the release. "We're pairing that industrial DNA with modern batteries, autonomy, and software to bring back shipbuilding to the U.S."

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This article originally appeared on EnergyCapitalHTX.com.

Innovative Houston-area hardtech startup closes $5M seed round

fresh funding

Conroe-based hardtech startup FluxWorks has closed a $5 million seed round.

The funding was led by Austin-based Scout Ventures, which invests in early-stage startups working to solve national security challenges.

Michigan Capital Network also contributed to the round from its MCN Venture Fund V. The fund is one of 18 selected by the Department of Defense and Small Business Administration to participate in the Small Business Investment Company Critical Technologies Initiative, which will invest $4 billion into over 1,700 portfolio companies.

FluxWorks reports that it will use the funding to drive the commercialization of its flagship Celestial Gear technology.

"At Scout, we invest in 'frontier tech' that is essential to national interest. FluxWorks is doing exactly that by solving critical hardware bottlenecks with its flagship Celestial Gear technology ... This is about more than just gears; it’s about strengthening our industrial infrastructure," Scout Ventures shared in a LinkedIn post.

Fluxworks specializes in making contactless magnetic gears for use in extreme conditions, which can enhance in-space manufacturing. Its contactless design leads to less wear, debris and maintenance. Its technology is particularly suited for space applications because it does not require lubricants, which can be difficult to control at harsh temperatures and in microgravity.

The company received a grant from the Texas Space Commission last year and was one of two startups to receive the Technology in Space Prize, funded by Boeing and the Center for the Advancement of Science in Space (CASIS), in 2024. It also landed $1.2 million through the National Science Foundation's SBIR Phase II grant this fall.

Fluxworks was founded in College Station by CEO Bryton Praslicka in 2021. Praslicka moved the company to Conroe 2024.