Houston health tech co. lands NIH grant for AI cancer prediction tool

fresh funding

CellChorus has landed its latest SBIR award. Photo via Getty Images

Houston-based CellChorus and Stanford Medicine were recently awarded a Phase I Small Business Innovation Research grant for the company's AI platform to test how certain cancer patients will respond to therapies.

The funding comes from the National Cancer Institute of the National Institutes of Health. According to a filing, the grant totaled just under $400,000.

CellChorus, which spun out from the University of Houston’s Technology Bridge, has developed TIMING (Time-lapse Imaging Microscopy In Nanowell Grids), which analyzes the behavior of thousands of individual immune cells over time and can identify early indicators of treatment success or failure.

The company will work with Stanford's Dr. David Miklos and Dr. Saurabh Dahiya, who have built the Bone Marrow Transplantation and Cell Therapy Biobank. The biobank manages and stores biological samples from patients treated at their clinic and in clinical trials.

"Predicting which patients will achieve durable responses after CAR-T therapy remains one of the most important challenges in the field,” Miklos said in a news release. “We aim to uncover functional cellular signatures that can guide treatment decisions and improve patient outcomes.”

The project will specifically profile cells from patients with relapsed/refractory large B-cell lymphoma (r/rLBCL). According to CellChorus, only about half of r/rLBCL patients who receive CAR-T therapy "achieve a durable, long-term remission." Others do not respond to therapy or experience relapse.

“The sooner we know whether a cancer therapy is working, the better. To maximize patient benefit, we need technology that can provide a robust and early prediction of response to therapy. The technology needs to be scalable, cost-efficient, and capable of rapid turnaround times,” Rebecca Berdeaux, chief scientific officer of CellChorus, added in the release. “We are excited to work with Drs. David Miklos and Saurabh Dahiya and their colleagues on this very important project.”

CellChorus has previously received SBIR grants from federal agencies, including a $2.5 million award in 2024 from its National Center for Advancing Translational Sciences (NCATS) and a $2.3 million SBIR Fast-Track award from the National Institute of General Medical Sciences in 2023.

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From recurring monthly favorites to the return of annual celebrations and summits, here's what not to miss in February. Photo courtesy the Ion.

10+ can't-miss Houston business and innovation events in February

where to be

Editor's note: February may be short, but its event calendar isn’t. From recurring monthly favorites to the return of annual celebrations and summits, here's what not to miss and how to register. Please note: this article may be updated to include additional event listings.

Feb. 2 — Entrepreneurship Roundtable with OPEN

Join founders, builders and innovators as they explore what it takes to create, scale and sustain meaningful ventures. This event, hosted by Open Houston, will be moderated by Faisal Bhutto, president and CEO of Houston-based end-to-end IT and cybersecurity company Alykas.

This event is Monday, Feb. 2, from 11 a.m.-1 p.m. at the Ion. Register here.

Feb. 3 — Tech+Tequila Talk: Tax Equity: Aligning Incentives for Founders, Investors & Philanthropy

Hear from guest speaker Cesar de la Cerda, founder and CIO of EnvisionVest, at the latest installment of Tech and Tequila Talk. The event will focus on using the tax code as a powerful fundraising tool.

This event takes place Tuesday, Feb. 3, from 5-7 p.m. at the Ion. Register here.

Feb. 5 — Ion Block Party Mardi Gras

Let the good times roll while networking with potential collaborators, mentors and investors at the Ion. Food and drink will be available, and the Ion will provide drink tickets for one free drink at Second Draught upon check-in.

This event is Thursday, Feb. 5, from 4-7 p.m. at the Ion. Register here.

Feb. 10 — Mercury Fund Day at the Ion

The Ion and Houston's Mercury Fund will host this special event, previously known as Software Day. The event will feature a panel that dives into how Mercury is pushing the boundaries of what’s possible with agentic AI and blockchain. A select group of early-stage software startups will also participate in office hours before the panel. Afterwards, all attendees can network during happy hour at Second Draught.

This event is Tuesday, Feb. 10, from 3:30-7:30 p.m. Register here.

Feb. 11-12 – In-Space Physical AI Workshop

Rice Nexus is bringing together industry leaders, government agencies and academia to explore the cutting edge of AI in space exploration. Matt Ondler, president of Aegis Aerospace, will present the keynote address. Other industry leaders from NASA Johnson Space Center, Intuitive Machines, Microsoft and Rice University and other organizations will participate. The event will close with the Inaugural Space Galette Reception hosted by the Consulate General of France in Houston and the Rice Space Institute.

This event begins Wednesday, Feb. 11, at the Ion. Register here.

Feb. 12 — State of the City

Houston First Corporation and the Greater Houston Partnership will host Mayor John Whitmire’s State of the City luncheon. Whitmire will share an update on his administration’s progress since taking office and highlight his top priorities that will continue to elevate Houston and its economy.

This event is Thursday, Feb. 12, from 11 a.m.-1:30 p.m. at the Hilton Americas-Houston. Register here.

Feb. 12 — Positioning Houston as the Brain Capital of the World

David Gow, CEO of the Center for Houston's Future, will present "Positioning Houston as the Brain Capital of the World" at the University of Houston Honors College Leadership Forum. Gow will share how Project Metis aims to establish Houston as a global hub for brain health research, innovation and economic development.

This event is Thursday, Feb. 12, from 7:30-9:30 a.m. at The Junior League of Houston. Register here.

Feb. 13 — From Research to Enterprise: Immigration & Innovation

Innov8 Hub will host an in-person seminar as part of its Startup Resources Series, focused on the intersection of immigration law, entrepreneurship and technology commercialization. The session will feature guest speakers Mario Cantu, Shilpa Ghurye and Vikesh Patel of KM&D PLLC, who will share insights for founders and innovators navigating legal pathways while building and scaling technology-driven ventures.

The event is Friday, Feb. 13, from 1-2 p.m. at the Innovation Center at UH Technology Bridge, Building 4. Register here.

Feb. 18-20 — TMC AI Summit

UTHealth Houston and Texas Children’s Hospital are bringing back the TMC AI Summit for its third year. This event is focused on translating advanced AI innovations into practical, real-world solutions for the biomedical and healthcare industries. It will be broken up into three tracks and will feature poster and oral presentations, workshops and tutorials, industry talks and student research showcases.

The event begins Wednesday, Feb. 18, at the Duncan Neurological Research Institute. Register here.

Feb. 26 — Transition on Tap

Greentown Labs’ signature networking event returns in February to foster conversations and connections within Houston's climate and energy transition ecosystem. Entrepreneurs, investors, students, philanthropists and more are invited to attend, meet colleagues, discuss solutions and engage with the growing community.

The event begins Monday, Feb. 26, from 5:30-7:30 p.m. at Greentown Labs. Register here.

Feb. 26 — NASA Tech Talk

Every fourth Thursday of the month, NASA experts, including longtime engineer Montgomery Goforth, present on technology development challenges NASA’s Johnson Space Center and the larger aerospace community are facing, and how they can be leveraged by Houston’s innovation community. Stick around after for drinks and networking at Second Draught.

This event is Thursday, Feb. 26, from 6-7 p.m. at the Ion. Register here.

From climatetech pitch days to the return of favorite festive shindigs, here's what not to miss this month. Photo via Getty Images

8 can't-miss Houston business and innovation events for December

where to be

Editor's note: Houston’s innovation scene is loading up the calendar before the holidays. From climatetech pitch days to the return of favorite festive shindigs, here's what not to miss and how to register. Please note: this article may be updated to include additional event listings.

Dec. 3 — SouthWest-Midwest National Pediatric Device Innovation Consortium

This annual event brings together members, colleagues and guests of the FDA-supported pediatric consortium who are dedicated to assisting device innovators throughout the lifecycle in delivering innovative solutions to patients. Featured speakers include Dr. Danielle Gottlieb from Le Bonheur Children's Hospital, Balakrishna Haridas from Texas A&M University and Dr. Chester Koh from Texas Children’s Hospital.

This event is Wednesday, Dec. 3, from 3:30-8 p.m. at Texas A&M EnMed Tower. Register here.

Dec. 4 — Resiliency & Adaptation Sector Pitch Day: Scaling Solutions to Address Climate Disruption

Join innovators, industry leaders, investors and policymakers as they explore breakthrough climate and energy technologies at Greentown's latest installment of its Sector Pitch Day series, focused on resiliency and adaptation. Hear from Adrian Trömel, Chief Innovation Officer at Rice University; Eric Willman, Executive Director of the Rice WaTER Institute; pitches from 10 Greentown startups and more.

This event is Thursday, Dec. 4, from 1-3:30 p.m. at the Ion. The Ion Holiday Block Party follows. Register here.

Dec. 4 — The Ion District Holiday Block Party

The Ion District, Rice Alliance and Greentown Labs will celebrate the season during the Ion District Holiday Block Party. Expect to find local bites, drinks, music and meaningful connections across Houston’s innovation ecosystem. Guests are invited to participate in Operation Love’s holiday toy drive supporting local families.

This event is Thursday, Dec. 4, from 4-7 p.m. Register here.

Dec. 8 — Pumps & Pipes Annual Event 2025

The annual gathering brings together cross-industry leaders in aerospace, energy and medicine for engaging discussions and networking opportunities. Connor Grennan, Chief AI Architect at the NYU Stern School of Business, will present this year's keynote address, entitled "Practical Strategies to Increase Productivity." Other sessions will feature leaders from Cena Research Institute, NASA Ames Research Center, ExxonMobil, Southwest Airlines and more.

This event is Monday, Dec. 8, from 8 a.m.-5 p.m., at TMC Helix Park. Register here.

Dec. 9 — Jingle and Mingle

Don your ugliest sweater and snap a pic with Startup Santa! Bayou City Startups, Rocket Network, Founder Institute and Energytech Nexus are bringing back their popular Jingle Mingle for the third year. Network and celebrate with founders, community stakeholders and others in Houston's innovation scene. Donations to the Houston Food Bank are encouraged in place of tickets.

This event is Tuesday, Dec. 9, from 5-7 p.m., at the Solarium in Midtown. Register here.

Dec. 9 — European Innovation Spotlight

Celebrate European cooperation and innovation with the European Innovation Council during an exclusive demo night and networking event at Greentown Labs. Hear from 15 EIC-backed founders supported by the European Union with top-class climatetech technologies, listen to a fireside chat and engage in a networking event following the pitches.

This event is Tuesday, Dec. 9, from 4:30-7 p.m., at the Ion. Register here.

Dec. 9-10 — Energy LIVE

Energy LIVE is Reuters Events' flagship ConfEx that brings the full energy ecosystem together under one roof to solve the industry's most urgent commercial and operational challenges. The event will feature 3,000-plus senior executives across three strategic stages, a showcase of 75-plus exhibitors and six strategic content pillars.

This event is Dec. 9-10 at NRG Park. Register here.

Dec. 15 — Innov8 Hub Pitch Day

Hear pitches from members of the latest Innov8 Hub Innovators to Founders cohort, which empowers academic scientists and innovators to become successful startup founders. Meet and network with the founders over light bites and drinks at a reception following the pitch competition.

This event is Monday, Dec. 15, at the Innovation Center at UH Technology Bridge (Bldg. 4). Register here.

FibroBiologics has opened a new 10,000-square-foot Houston lab to scale up research efforts and pave the way for in-house manufacturing. Photo via Fibrobiologics.com

Houston regenerative medicine company expands lab for future trials

new digs

A Houston regenerative medicine company has unveiled new laboratory space with the goal of expanding its pioneering science.

FibroBiologics uses fibroblasts, the body’s most common type of cell, rather than stem cells, to help grow new cells. Fibroblasts are the primary variety of cells that compose connective tissue. FibroBiologics has found in studies that fibroblasts can be even more powerful than stem cells when it comes to both regeneration and immune modulation, meaning they could be a more versatile way forward in those fields.

In 2023, FibroBiologics moved into new lab space in the UH Technology Bridge. Now, with its new space, the publicly traded company, which has more than 240 patents issued or pending, will be even better equipped to power forward with its research.

The new space includes more than 10,000 square feet of space devoted to both labs and offices. The location is large enough to also house manufacturing drug product candidates that will be used in upcoming trials. Additionally, the company reports that it plans to hire additional researchers to help staff the facility.

“This expansion marks a transformative step forward for our company and our mission,” Pete O’Heeron, FibroBiologics founder and CEO, said in a news release. “By significantly increasing the size of our lab, we are creating the space and infrastructure needed to foster greater innovation and accelerate scientific breakthroughs.”

The streamlined, in-house manufacturing process will reduce the company’s reliance on external partners and make the supply chain simpler, O’Heeron added in the release.

Hamid Khoja, the chief scientific officer for FibroBiologics, also chimed in.

“To date, our progress in developing potentially transformative therapeutic candidates for chronic diseases using fibroblasts has been remarkable,” he added in the release. “This new laboratory facility will enable further expansion and acceleration of our research and development efforts. Additionally, the expansive new space will enable us to bring in-house currently outsourced projects, expand our science team and further contribute to the increased efficiency of our R&D efforts.”

This news arrives shortly after a milestone for the company in its research about neurodegenerative disease. Last month, fibroblast treatments in an animal model study demonstrated a notable regeneration of the myelin sheath, the layer that insulates nerves and is worn down by disease.

“Confirming remyelination in a second validated animal model is an important step in our research and development efforts, offering fresh hope for patients with demyelinating diseases, including multiple sclerosis,” O’Heeron added in a separate release. “These findings advance our mission to develop transformative fibroblast-based therapies that address the root causes of chronic disease, not just their symptoms, and reflect our dedication to pushing the frontiers of regenerative medicine."

Don't miss these March events — from the 25th anniversary Rice Business Plan Competition to the inaugural TEX-E Conference. Photo via rice.edu

9 can't-miss Houston business and innovation events for April

where to be

Two new conferences will launch while another longtime business competition celebrates its 25th anniversary this month in Houston. Plus, there are networking opportunities, family tech events and more.

Here are the Houston business and innovation events you can't miss in April and how to register. Please note: this article might be updated to add more events.

​Ion Block Party: Art Crawl

Network and socialize with other tech enthusiasts and business-minded individuals while taking in the new gallery at Community Artists’ Collective and experiencing the immersive dome at Omnispace360. See work by Joel Zika, who will showcase his digital sculptures through augmented reality screens, and other public art around the Ion while also enjoying food and drink.

This event is Thursday, April 3, from 4-7 p.m. at the Ion. Click here to register.

​CLA Presents: Raising Capital over Happy Hour

Gain a better understanding of the capital-raising process and various funding opportunities at this educational happy hour. Keith Davidson, the market leader for CLA in Dallas and former CFO of ICS, will present.

This event is Thursday, April 10, from 4-6 p.m. at The Cannon. Click here to register.

Rice Business Plan Competition 

The Rice Alliance for Technology and Entrepreneurship will host the 25th annual Rice Business Plan Competition this month. Forty-two student-led teams from around the world, including one team from Rice, will present their plans before more than 300 angel, venture capital, and corporate investors to compete for more than $1 million in prizes.

This event is April 10-12. Stream the Elevator Pitch Competition and Final Round here.

RSVF Annual Conference

The Rice Student Venture Fund will host its first-ever Annual Conference to celebrate the university's entrepreneurial spirit and the rising generation of student-led innovation. The conference will include live startup demos, an RSVF fund update, a keynote fireside chat, a builder-investor panel and networking. RSVF welcomes students, alumni, investors, faculty and staff, and innovators and community members of the broader tech scene.

This event is Monday, April 14, from 4-8 p.m. at the Ion. Click here to register.

​TEX-E Conference

TEX-E will host its inaugural conference this month under the theme "Energy & Entrepreneurship: Navigating the Future of Climate Tech." The half-day conference will feature a keynote from Artemis Energy Partners CEO Bobby Tudor as well as panels with other energy and tech leaders from NRG, Microsoft, GE Vernova and TEB Tech.

This event is Tuesday, April 15, from 1-4:30 p.m. at the Ion. Click here to register.

Houston Methodist Leadership Speaker Series 

Hear from Dr. Jonathan Rogg, Chief Quality Officer and Vice President of Operations at Houston Methodist Hospital and a a practicing emergency medicine physician, at the latest Houston Methodist Leadership Speaker Series. Rogg will present "Leadership from the Bedside to the Boardroom."

This event is on Wednesday, April 23, from 4:45-6 p.m. at the Ion. Click here to register.

Ion Family STEAM Day– Let's Build a Tripwire Alarm

STEAM on Demand will host a hands-on, family-friendly engineering lesson for young ones on the Ion Forum Stairs. Kids will learn to create and test their own working alarm system. The event is geared toward those ages 7 to 14.

This event is Sunday, April 26, from 10 a.m. to noon at the Ion. Click here to register.

 Greentown Houston Fourth Anniversary Transition On Tap

Climatetech incubator Greentown Labs will celebrate its fourth anniversary with a special edition of its signature networking event, Transition On Tap. Entrepreneurs, investors, students, and friends of climatetech are invited to attend.

This event is Tuesday, April 29, from 5:30-7:30 p.m. at Greentown Labs. Click here to register.

Integrate Space Technology Into Your Small Biz

The SBA Houston District Office and the UH Technology Bridge will host a collaborative event designed to help small businesses leverage space technology for prototype development. Attendees will also hear from industry experts on resources and gain access free technical engineering assistance to help accelerate their businesses.

This event is Wednesday, April 30, from 9:30-11:30 a.m. at UH Technology Bridge Innovation Center. Click here to reserve your spot.

Get to know the Houston Innovation Awards Community Champion Organization finalists. Photo via Getty Images

These are 6 of the organizations best supporting Houston's innovation community

houston innovation awards

It takes a village to launch, run, and grow an innovative startup.

And from helping founders gain access to capital to promoting diversity, offering mentorship and hosting pitch events, demo days and more, this year's six Community Champion Organization finalists are part of that village. Learn about each of the finalists and what drives them to support the Houston innovation ecosystem in the interviews below.

Click here to secure your tickets to the Houston Innovation Awards this Thursday, November 14, where we will announce the winner.

Energy Tech Nexus

Describe your company's work within the Houston innovation ecosystem.

Energy Tech Nexus is a new global energy and carbon tech hub focusing on hard tech solutions that started January 1, 2024, when Jason Ethier and Juliana Garaizar left Greentown Labs to create a Houston-headquartered climate hub serving as a global landing pad for energy and carbon tech stakeholders. Since then, 90 entrepreneurs have joined, of which 70 percent are underrepresented and 20 are international. Our ETN Grand Opening on September 10 showcased 50 of its companies as well as programs from Canada with TechNL, Australia with Austrade, and MassChallenge with 521 attendees total. Energy Tech Nexus provides mentor, accelerator and educational programs for entrepreneurs and underserved communities, partnering with entities like Houston Community College and Econwerx, plus national networks such as VentureWell, the LatinX Startup Alliance, and Browning the Green Space and global networks Impact Hub and U.S. Spain Executive Committee (USEC).

Why has your company decided to support the Houston innovation ecosystem?

Energy Tech Nexus was specifically created to support the evolving Houston innovation ecosystem in energy transition with a more Houston-centric and inclusive approach regarding the oil and gas industry. ETN's hands-on approach is very data-driven and results-oriented with a customized approach for every entrepreneur, depending on the stage of their startup/scaleup. ETN also extensively uses peer learning from key expert entrepreneurs or Fellow members who are in charge of creating events and animating the ecosystem.

Describe your company's impact on the Houston innovation ecosystem.

Since ETN's inception, its members have secured over $200 million in funding, given pilot demonstrations, and five grants. ETN has also become a landing pad for international companies from Latin America, Canada, Europe, Israel and Australia and will soon be expanding in Chile and Spain. Even before its soft-opening at the old EDPR offices at the Esperson Building downtown, ETN had already onboarded 30 members and organized a mission with 18 of them to Spain for the Energy Tech Summit, fully sponsored by the Basque Government, where they all met with the key Spanish players in the global energy transition. ETN was also granted an SBA Growth Accelerator Fund Competition Stage 1 award with ImpactHub Houston to develop the Houston Equitable Energy Transition Alliance that successfully launched on July 1 and had its Pilothon Pitch event during ETN's Grand Opening.

Who is the person/people leading your company's innovation team?

Jason Ethier has been leading ETN's innovation team with very novel approaches in data management and insights generation.

Greentown Labs Houston

Describe your company's work within the Houston innovation ecosystem.

Greentown Labs Houston opened on Earth Day 2021 as the city's first-ever climatetech startup incubator. With 30 members from the onset and anchoring supporters from the community, such as Greater Houston Partnership and 17 strategic corporations as founding partners—including Shell, Engie and Chevron—we've played a key convener for the energy transition and climatetech community ever since. Now, with three years of deep community engagement in the Houston area and many more partners and startups supported through local Greentown Houston programming, we've proudly supported more than 160 startups at Greentown Houston and have welcomed 22 new startups in 2024 alone. We recently played a key, anchor role in the city's first-ever Houston Energy and Climate Startup Week. We can't wait to see how the week-long event series will grow next year.

Why has your company decided to support the Houston innovation ecosystem?

Greentown Labs opened its second location in Houston because we believe it is the best place to broaden our impact and help accelerate the energy transition through climatetech entrepreneurship in partnership with the nation’s fourth largest city and the world-leading energy organizations headquartered there. We want to be an on-the-ground catalyst for the energy transition in Houston—for the entrepreneurs and innovators, organizations and communities that have already begun the transition and to spark new change for those who have yet to engage. Greentown Labs believes we can not solve climate change from the coasts—it’s critical to engage the talent and energy of all other major ecosystems around the country, especially in the middle of the country. We need all hands on deck at this time. We aim for Greentown Houston to be a place for convening climatetech startups, investors, corporate partners, partners, students and other stakeholders working in climatetech and energy transition innovation in Houston.

Describe your company's impact on the Houston innovation ecosystem.

Most recently, Greentown Houston was proud to serve as an anchoring partner on the first-ever Houston Energy and Climate Startup Week alongside Halliburton Labs and Rice Alliance for Technology and Entrepreneurship. But on an ongoing basis, Greentown Houston serves as a convener of the ecosystem—regularly hosting events. Our Transition on Tap networking event has become a regular event on many innovators' calendars. We run the Houston Ion District Investor Activation Program in partnership with the Ion to bring more early-stage investors in the Houston region into the climatetech ecosystem. We've successfully run two years of our ACCEL accelerator program, which supports underrepresented founders developing climatetech solutions—many of the participants are Houston-based startups. We regularly publish a Pilot Digest, which highlights our startup member companies that are actively seeking pilot partners in Houston and beyond. And we regularly host fundraising training sessions for our startups.

Who is the person/people leading your company's innovation team?

Timmeko Moore Love leads Greentown Houston as Greentown Labs’ first Houston general manager and senior vice president. She previously served as the first Black woman in the Fortune 500 to lead a venture capital program and ... brings deep industry and venture expertise.

Houston Angel Network

Describe your company's work within the Houston innovation ecosystem.

For over two decades, HAN has supported the innovation ecosystem of Houston with capital, connections, and counsel for startups and founders. Through our events and active involvement in early-stage incubators, accelerators, and mentoring programs, we educate Houstonians about the role that early-stage capital plays in fueling innovation. We also give accredited investors access to startup deals in which they can invest, both locally and nationally.

Why has your company decided to support the Houston innovation ecosystem?

Following in the footsteps of one of our founders, Paul Frison, HAN members love innovation and want to support it. Some HAN members are entrepreneurs with successful exits, whereas others are intrapreneurs who helped bring innovation to Fortune 500 companies. We have a shared passion for “the future,” and as investors believe we can use a portion of our capital to support meaningful change.

Describe your company's impact on the Houston innovation ecosystem.

HAN is one of the best sources for startup capital in Houston, with a diverse group of 100 members across many specialties. We hold monthly pitch meetings, quarterly educational socials, and other events where founders and funders can connect. HAN was the launch pad for some of the most talented investors in Houston. The learning and connections made at HAN (both by members and staff) led to the funding and/or founding of Mercury Fund, Artemis Fund, Texas HALO Fund, GOOSE Capital, and others. This year, HAN launched a strategic relationship with the University of Houston so that more UH alumni can become early-stage investors, mentors, and advisors. HAN also hosts educational events that are open to the public, including Aerospace Investing, Energy Investing, Women on Boards and multiple Angel 101 programs. HAN actively collaborates with other angel groups in Texas to help get more deals funded in Texas. In addition to investing, many HAN members have become advisors, board members, and CEOs of early-stage companies, both in Houston and beyond.

Who is the person/people leading your company's innovation team?

Our leadership team includes Eric Schneider, Eric Alfuth, Mitra Miller, and Rezwan Mirza as officers, and Samia Ahsan as managing director.

Impact Hub Houston

Describe your company's work within the Houston innovation ecosystem.

We provide a platform for collaboration, networking, and knowledge sharing. This community-centric approach fosters a supportive environment where ideas can flourish and partnerships can thrive. We are dedicated to supporting early-stage ventures at various stages of development. Our programs cater to entrepreneurs from ideation to scaling stages, equipping them with the resources, mentorship and networks needed to succeed. Impact Hub Houston designs and implements innovative programs that address pressing societal issues. From tackling healthcare disparities to promoting sustainable practices, our programs aim to create positive social change through entrepreneurship and innovation. These initiatives not only drive economic growth but also enhance the quality of life for Houstonians. Impact Hub Houston also serves as a catalyst for advocacy and thought leadership in the innovation space. We advocate for policies that support entrepreneurship and social impact, amplifying the voices of our community members on critical issues. Our thought leadership initiatives, including editorial content and public engagements, contribute to shaping the future of innovation in Houston and beyond.

Why has your company decided to support the Houston innovation ecosystem?

Impact Hub Houston's decision to support the Houston innovation ecosystem is deeply rooted in our mission to empower and connect change-makers, entrepreneurs and social innovators who are committed to solving the most pressing challenges facing our communities. Houston, as one of the most diverse and rapidly growing cities in the U.S., provides a fertile ground for innovation across multiple sectors, and we believe that an inclusive, collaborative ecosystem is key to unlocking its full potential. Our commitment stems from several core reasons, including but not limited to:

  1. Leveraging Houston’s diversity for innovation: We see this diversity as an asset to the innovation ecosystem, fostering creativity and inclusive problem-solving. Impact Hub Houston’s work centers around ensuring that innovators from all backgrounds, especially those from historically underrepresented communities, have the resources, support, and connections they need to thrive.
  2. Addressing Local and Global Challenges: Houston is a city of significant opportunity but also faces challenges in areas like health care, climate resilience, social justice, and education. We believe that the innovation ecosystem here has the potential to develop solutions that not only address local challenges but also have global implications.
  3. Closing the Gaps in Access and Opportunity: Despite its opportunities, Houston’s innovation ecosystem still reflects gaps in access to capital, mentorship, and resources, particularly for entrepreneurs of color, women, and other marginalized groups. Impact Hub Houston exists to level the playing field and provide equitable access to the innovation pipeline.

Describe your company's impact on the Houston innovation ecosystem.

We mobilize problem solvers to use their knowledge, skills and technology to address community challenges, demonstrating our commitment to local impact while also providing a global reach for Houston innovators. Our work extends to supporting underrepresented communities, and we work with public and private stakeholders to promote sustainable business practices that prioritize economic development, environmental stewardship and social equity.

Who is the person/people leading your company's innovation team?

Grace Rodriguez, CEO and executive director of Impact Hub Houston, leads a team that consists of Deputy Director and Co-founder of Impact Hub Houston Michelle Avalos and Community Catalyst Akeel Bernard.

Microsoft

Describe your company's work within the Houston innovation ecosystem.

Microsoft's day-to-day work is innovation, so it is only natural that we want to support the local innovation ecosystem in the cities where we operate. Our work in fostering innovation begins in middle school and continues to entrepreneurship and corporate innovation. We focus heavily on innovation in underserved communities and support for underrepresented founders. And we also have been working hard to bolster the climate tech and sustainability sectors in Houston.

Why has your company decided to support the Houston innovation ecosystem?

Our presence in Houston empowers us to better serve our customers, give employees the choice of staying close to personal networks and family, establish strong civic engagement programs that are aligned with Microsoft’s core values and more. Houston is a vibrant city where many of our consumer and business customers live and conduct business. Having a finger on the pulse of innovation where they are helping us support their needs. The Ion and the collaborative work environment we aim to foster will help us build deeper ties with Houston and the university systems, as well as others driving transformational initiatives locally. Furthermore, Houston has also been described as the most racially and ethnically diverse major metropolis in the U.S. All this makes Houston the perfect place to find and develop talent for Microsoft in a place where we can be close to our customers. The Ion itself is focused on tapping into this diversity, which is one of the reasons we chose to locate there.

Describe your company's impact on the Houston innovation ecosystem.

Microsoft is a Terrawatt sponsor of Greentown Labs and we have a separate sponsorship for the Accel program for BIPOC founders. We are a sponsor of the Ion and Rice Alliance. We also sponsor local innovation events like Climate Tech Startup Week, Tech Fest Live, and AfroTech. We seek to promote and empower founders. As an example, we invited 9 startups with underrepresented founders or CEOs to join us for CERAWeek and present in our Agora House. These founders made incredible connections throughout the week. We bring our employees into all of the programs we sponsor. Whether it is office hours for founders, one-on-one mentoring, or making industry connections, our people are helping. We take this all the way back to school, where we support organizations like SuperGirls Shine Foundation and Prairie View A&M. We also have Minority Student Day at the Ion, a summer program for students, and more. Microsoft also hosts or is involved in hundreds of local events. It's impossible to list them all, but our people are involved and doing their best to grow the ecosystem.

Who is the person/people leading your company's innovation team?

Rob Schapiro leads the office and he and his team work closely with our local Employee Resource Groups, our venture teams, and Microsoft for Startups. Amy Mueller Reynolds is our business manager who leads a lot of this work. Success has come from having a clear mission and focusing on a few programs where we could make an impact.

University of Houston Technology Bridge

Describe your company's work within the Houston innovation ecosystem.

The University of Houston has made significant strides in supporting and nurturing the startup ecosystem, both within the university and across the broader Houston region. Its efforts are designed to foster entrepreneurship, innovation and commercialization of new technologies, with a particular focus on leveraging its research capabilities and diverse student body. The Tech Bridge is a major hub for startup support and innovation. This 70-acre research park, located near the university campus, is designed to be a collaborative space for researchers, entrepreneurs and industry leaders. The Tech Bridge offers incubation and acceleration programs, commercialization support and industry collaboration.

Why has your company decided to support the Houston innovation ecosystem?

UH has made a strategic decision to support innovation and entrepreneurship for several key reasons that align with its mission to serve its students, the Houston community, and society at large. The primary motivations include but are not limited to:

  1. Economic Impact and Regional Growth: By supporting innovation and entrepreneurship, UH contributes to the city’s economic diversification and growth. Promoting startups and new ventures helps drive job creation, attracts investment, and strengthens Houston’s position as a center for innovation.
  2. Aligning with Houston’s Transition to a Knowledge Economy: As the global economy shifts towards knowledge-based industries, cities like Houston are diversifying beyond traditional sectors like oil and gas. UH recognizes that fostering innovation and entrepreneurship is critical to Houston's economic transition. UH plays a crucial role in helping the city remain competitive in emerging industries.
  3. Leveraging Research and Commercialization: UH is a research-intensive institution, with significant investments in areas like energy, healthcare, advanced materials, and data science. Supporting innovation and entrepreneurship enables the university to translate its cutting-edge research into real-world applications.

Describe your company's impact on the Houston innovation ecosystem.

The UH Technology Bridge has had a profound impact on Houston's innovation ecosystem by providing a dynamic environment where startups, researchers, and industry can collaborate, grow, and bring new technologies to market. The UH Technology Bridge hosts incubator and accelerator programs designed to help early-stage startups and research-based companies commercialize their innovations. These programs provide access to office and lab spaces, investment opportunities, networking and pilot and testing opportunities, commercialization support, collaborations and partnerships. Energy startups can collaborate with the university's energy research institutes, test prototypes, and pilot new technologies in UH’s specialized labs. The Technology Bridge’s proximity to the Texas Medical Center provides biotech and health tech startups with opportunities to develop, prototype, and pilot medical devices, diagnostics, and healthcare software.

Who is the person/people leading your company's innovation team?

Ramanan Krishnamoorti has successfully advanced UH innovation by providing a strategic vision, expanding key programs like the UH Technology Bridge, and fostering strong industry partnerships. Tanu Chatterji has been successful in leading the UH Technology Bridge through her strategic vision and leadership in fostering innovation and collaboration.

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4 Houston-area institutions get $8M for cancer research facilities

fighting cancer

Cancer research capabilities in the Houston area just got an $8 million boost.

On Wednesday, May 20, the Cancer Prevention and Research Institute of Texas (CPRIT) awarded $8 million in grants to institutions in Houston and Bryan for the creation or expansion of so-called “core” cancer research facilities.

“Core facilities provide shared access to advanced technology, equipment, and scientific expertise that may not be available at every institution,” CPRIT says. “These core facilities are vital to not only cancer research but also to the study of diseases beyond cancer.”

Houston-area recipients of these $2 million grants are:

  • A facility at the University of Texas Health Science Center for preclinical support of cancer researchers in Texas to evaluate new safe, effective drugs and drug combinations.
  • The Accelerator for Cancer Therapeutics, operated by Houston’s Texas Medical Center Foundation. The accelerator helps researchers and startups move innovative cancer treatments from the lab to clinical trials.
  • Rice University’s Genetic Design & Engineering Center in Houston. The center enables researchers to collaborate on studies of custom DNA for cancer treatment.
  • A facility at the Texas A&M University System’s Health Science Center in Bryan that aims to speed up the development of cancer therapies.

In addition to those grants, the University of Texas M.D. Anderson Cancer Center, Methodist Hospital Research Institute, Baylor College of Medicine, and Rice University shared $21 million to recruit cancer researchers from other institutions.

The largest of those grants—totalling $4 million—went to M.D. Anderson for the recruitment of renowned cancer researcher Andre Nussenzweig from the National Institutes of Health. His research focuses on how DNA damage and faulty DNA repairs lead to cancer.

Here are the totals for the other CPRIT grants awarded in the Houston area:

  • $12.8 million to Houston-based Indapta Therapeutics for the development of an off-the-shelf therapy that naturally kills cancer cells, combined with an immunity-targeting agent for a type of leukemia.
  • $11.1 million to MD Anderson, including $5 million for a statewide platform to improve long-term health outcomes in adolescents and young adults who survived cancer.
  • $8.4 million to Baylor College of Medicine, including $4.8 million for two training programs for cancer researchers.
  • $6.25 million to UT Health Houston, including $4 million for a biomedical informatics and genomics training program for cancer researchers.
  • $4.4 million to the Texas A&M Health Science Center’s Houston campus, including $2.4 million for a cancer therapeutics training program.
  • $2.75 million to Rice, including $250,000 for a study of ovarian cancer.
  • $2 million to Houston-based March Biosciences for the development of a targeted therapy for treating T-cell lymphoma.
  • $1.15 million to the University of Houston, including $900,000 for a platform for detection of lung cancer.
  • $900,000 to Texas A&M in Bryan to conduct clinical drug trials in rural and underserved communities around the state.
  • $800,000 to Houston- and Israel-based Xerient Pharma for the development of an oral form of a cell-protecting drug called amifostine to protect the upper GI tract from radiation damage during pancreatic cancer treatment.
  • $659,000 to Missouri City-based OmniNano Pharmaceuticals for the development of a two-drug combination to treat the most common form of pancreatic cancer.
  • $250,000 to the University of Texas Medical Branch at Galveston for a novel therapeutic to prevent colitis-related colorectal cancer.

Axiom Space launches Japanese subsidiary, names leadership

Axiom Space is setting up a Japanese subsidiary to tap into billions of dollars worth of business opportunities in the vast Asia-Pacific region. The company’s new office in Japan will open July 1.

“For the Asia-Pacific region, an Axiom Space presence in Japan means a long-term, direct path to low-Earth orbit for research, for industry, for astronauts, and a partner committed to building that future together with Japan,” Jonathan Cirtain, president and CEO of Axiom Space, said in a news release.

Asia-Pacific spaceflight leaders include Japan, China, India and South Korea.

Until committing to the Asia-Pacific subsidiary, Axiom focused primarily on the U.S. market for space exploration equipment, technology and services. Axiom is building the successor to the International Space Station (ISS), and it provides human spaceflight services and develops next-generation spacesuits.

Fortune Business Insights estimates the Asia-Pacific market for space technology was valued at $155.3 billion in 2025.

“The region is rapidly expanding due to rapidly expanding government space programs, increasing private sector participation, and rising demand for satellite services across densely populated regions,” says Fortune Business Insights, a market research firm.

The region’s combination of strategic investments, market demand and emerging entrepreneurial systems positions Asia-Pacific “for the fastest growth in the global market,” Fortune Business Insights says.

The market research firm pegs the U.S. market for space technology at $251.8 billion in 2025, making it the world’s largest player in that sector.

Veteran Japanese astronaut Koichi Wakata will lead Axiom Space Japan as chief technology officer in the Asia-Pacific region. The Japanese subsidiary will work with government agencies, research institutions, and industrial partners in Japan to expand hardware development and manufacturing, microgravity research and orbital computing.

Wakata was the Japanese space agency’s first program manager for ISS and the station’s first Japanese commander. He also contributed to the construction of ISS, including the Japanese experiment module Kibo. Wakata retired from the Japanese agency, JAXA, in March 2024.

“Japan intends to remain a leading nation in human space exploration post-ISS, and Japanese industry and academia are ready to play a central role in the commercial era,” Axiom Space said in the release. “Axiom Space Japan is how the company will meet that ambition with a long-term, on-the-ground presence.”

Houston investment firm closes $105M energy venture fund

seeing green

Houston-based investment firm Veriten has announced the initial close of its second flagship energy venture fund with more than $105 million in capital commitments.

Fund II will build on Veriten’s initial fund and aim to support “scalable technology solutions for energy, power and industrial applications,” according to a company news release.

"Our differentiated network, research-driven process, and first principles approach to investing are having an impact across multiple verticals including traditional energy, electrification, and industrial technology. Fund II builds on that platform,” John Sommers, partner, investments at Veriten, added in the release. “In this environment, the differentiator isn't capital – it's all about connectivity, deep sector expertise, and an economically-driven approach. As new technologies and approaches develop at breakneck speed, the need for more reliable, affordable energy and power continues to grow dramatically. The current backdrop accentuates the need for Veriten's solution."

Veriten is supported by over 50 strategic partnerships in the energy, power, industrial and technology sectors, including major players like Halliburton and Phillips 66.

"Veriten continues to build a differentiated platform at the intersection of energy, technology and industry expertise," Jeff Miller, chairman and CEO of Halliburton, said in the release. "We were early believers in the team and their ability to identify practical solutions to real challenges across the energy value chain. As all industries increasingly adopt digital tools, automation and AI-enabled technologies to improve performance and execution, we are proud to partner with Veriten again to help accelerate high-impact solutions across the broader energy landscape."

Veriten closed its debut fund, NexTen LP, of $85 million in committed capital in October 2023. It was launched in January 2022 by Maynard Holt, co-founder and former CEO of the energy investment bank Tudor, Pickering, Holt & Co.

It has invested in Houston-based AI-powered electricity analytics provider Amperon and led a $12 million Seed 2 funding round for Houston-based Helix Technologies to scale manufacturing of its energy-efficient commercial HVAC add-on earlier this year. In the past year it has contributed to funding rounds for San Francisco-based Armada and Calgary-based Veerum.

Veriten also named Nick Morriss as its new managing director earlier this month. Morriss most recently served as vice president of business development at next-generation nuclear technology company Natura Resources and spent nearly 20 years at NOV Inc.

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

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