10+ can't-miss Houston business and innovation events for July

where to be

Here's your one-stop shop for innovation events in Houston for July. Photo via Getty Images

From networking meetups to educational symposiums, July is chock-full of happenings for Houston innovators.

Here's a roundup of events you won't want want to miss out on so mark your calendars and register accordingly.

Note: This post might be updated to add more events.


July 6 — City of Houston Panel Discussion: Sales

Join the City of Houston’s Office of Business Opportunity and SCORE Houston for a panel discussion designed for City of Houston vendors. This is the perfect opportunity to learn more about doing business with the City of Houston and how SCORE Houston can support you while running your business. During each monthly meeting get your business questions answered by industry and Office of Business Opportunity experts and SCORE Mentors. Gain the information and support you need to provide your products and services as a City of Houston vendor.

This event is Thursday, July 6, from 1 to 2 pm at Houston Community College. Click here to register.

July 7 — UH-DGH Center for Hydrocarbon Exploration Symposium

This informative open house event showcasing the new UH Seismic Data Center will focus heavily on presentations centered around hydrocarbon basin analysis as well as relevant policy shifts within India and the opportunities that have emerged as a result. The UH Seismic Data Center arose from a collaboration between the University of Houston and the DGH, the technical arm of the Indian Ministry of Petroleum and Natural Gas.

The event is Friday, July 7, from 9 am to 12 pm at the University of Houston Technology Bridge (Building 9, Room 135). Click here to register.

July 10 — Ion Open Accelerator: Monopolizing Your Industry Channel

In this workshop, Jared Nielsen who has participated in several startups that now dominate their respective industries, will provide insight into how small startups have grown to become global monopolies in a very short period of time. Seeing a global domination market strategy executed from the inside may give your own startup insights and techniques that you can use within your own supply chain for a truly dominant market position.

The event is Monday, July 10, from 10 am to 12 pm at the Ion. Click here to register.


July 11 — Leaders Who Lunch

Connect with influential community organizers, leaders, change makers, and likeminded C-suite executives during a 3-course family style lunch. Admission and cost of the meal is $75.

The event is Tuesday, July 11, from 11 am to 12 pm at Weights and Measures. Click here to register.

July 13 — Texas Medical Center Veterans Committee Hiring Event

TMC is hosting a career workshop for veterans interested in breaking into the healthcare field. Attendees will have the chance to network with recruiters, learn about job openings, and potentially even secure an interview on the spot so be sure to bring copies of your resume and dress to impress.

The agenda:

10:00 - 11:00 am - Registration/ Networking

11:00 - 11:30 am - Career Readiness: Resume & Interview Preparation

11:30 am - 12:00 pm - Career Branding: Social Media & Networking

12:00 pm - 12:20 pm - Lunch (provided)

12:20 pm - 1:00 pm - ERG Panel Discussion: Connecting with our Veteran Communities

1:00 pm - 2:00 pm - Networking/ Closing Hour

This event is Thursday, July 13, from 10 am to 2 pm at TMC Innovation Factory (2450 Holcombe Blvd Suite X). Click here to register.

July 13 — GROW Community Meeting

Discuss green economy resources & opportunities for disadvantaged groups to engage in the energy transition and climate action.

The agenda:

11 - 11:15 am - Welcome and Introductions

11:15 - 11:30 am - GROW Overview

11: 30 - 11:45 am - GROW Updates

11:45 am - 12 pm - Funding & Contract Opportunities

12 - 12:30 pm - Lunch

12:30 - 12:45 pm - Next steps: Community Benefits Survey, Cooperative Agreement, Letters of Support

12:45 - 1 pm - Attendee Announcements

1 PM - Closing

The event is Thursday, July 13, from 11 am to 1 pm at Hiram Clarke Multi-Service Center. Click here to register.

July 17 — Mingle Mondays Med & Health Tech

Head to this monthly mixer and get to know fellow members of Houston’s Med & Health Tech community. All who are interested in Med & Health Tech, including Med & HealthTech entrepreneurs, thought leaders, investors, healthcare professionals, and community members wanting to share their Med & Health Tech knowledge are welcome.

This event is Monday, July 17, from 6 to 7 pm at the Ion. Click here to register.

July 17 — The State of Latino Entrepreneurship Reception/Networking

The Latino Business Action Network presents “The State of Latino Entrepreneurship Reception.” Network with Latino professionals, business owners, and supporters. This is a welcoming environment for connecting with your peers, LBAN, local chambers, and other organizations. At the same time, you will learn the latest on Latino entrepreneurship from LBAN, a nationally recognized expert in the field. LBAN is a Silicon Valley-based nonprofit that partners with Stanford to research and empower Latino entrepreneurship across the U.S.

This event is Monday, July 17, from 4 to 7 pm at the Ion. Click here to register.

July 18 — Heated Dialogues Unleashed: Navigating Difficult Conversations

In this discussion, leadership veterans Debbie Danon and Michele Price will unravel the secrets of mastering difficult conversations for start-ups. For new founders looking to gain practical insights to navigate these challenges this conference will provide you with communication tools to approach these obstacles.

This event is Tuesday, July 18, from 11:30 am to 12:15 pm, virtually . Click here to register.

July 19 — Industrial Security Roadshow: Learn, Empower, & Connect

At the Industrial Security Roadshow attendees will gain insights into emerging threats, learn innovative defense techniques, and discover cutting-edge technologies to bolster your security procedures. A curated lineup of speakers will share their expertise, providing practical guidance and actionable steps to fortify your systems against cyber threats.

This event is Wednesday, July 19, from 10:30 am to 1 pm at 24285 Katy Fwy suite 300. Click here to register.

July 20 — Female Founders and Funders Meetup

Sponsored by Softeq Venture Studio and Sesh Coworking, this monthly meetup occurs every third Thursday and is ideal for female founders and funders in the Houston area who are looking to network and empower each other.

This event is Thursday, July 20, from 9 to 10 am at Sesh Coworking. Click here to register.

July 24 — Ion Open Accelerator: Getting the Highest ROI from Conferences and Events

In this workshop speaker Staccey Wright-Turner, a Houston based ROI strategist, will discuss how to maximize your time at and investment in conferences and events for a well-rounded marketing campaign.

These are the topics you can expect to be covered:

  • Whether you should do events, and which ones you should do
  • How best to invest your marketing dollars
  • Setting your objectives for events and conferences - yes, there is more than just "getting leads" - don't miss out on important revenue
  • Preparing in advance to get the most out of your event
  • Knowing how to approach attendees and get meetings booked
  • Follow through and evaluate the ROI on the events
  • Training sales staff for event-and-conference best practices
This event is Monday, July 24, from 10 am to 12 pm at the Ion. Click here to register.

July 27 —  Summer Sizzle Happy Hour with Dell for Startups

Kick off the end of a warm summer in The Cannon West Houston Kitchen with a Happy Hour, sponsored by Dell for Startups and take advantage of an opportunity to learn more about the upcoming Houston Innovation Summit in October.

This event is Thursday, July 27, from 4:30 to 6:30 pm at The Cannon. Click here to register.

July 28 - July 30 — Melanin Minds Mental Health Conference

Melanin Minds is taking over Big Brothers Big Sisters for a three day weekend of workshops, panels, & family-friendly wellness. All workshops will be centering BIPOC communities & featuring therapists, counselors, and practitioners of color. Admission prices vary depending on the level of access you want to the conference and when you register, discounted tickets for students are available up to year six of grad school ($20).

The agenda:

Friday 7/28 — Healthy Eating On The Go • Thriving Through Stigmas & Adversity • Perfectionism • Boundaries • Finances • Work-Life Harmony • 7 Types of Rest • Mindful Leadership

Saturday 7/29 — Building Mental Wealth • Finding Your Way to YOU • Nutrition As A Foundation for Healing • Yoga & Meditation • Community Talk Circle • Humor & Laughter • Reading the Cues • Relationships & Social Media • Wellness Practices & Routines

Sunday 7/30 — Advocating For Your Child • Goals Through Resilience & Stress • The Art of Self Expression • Financial Mental Health • Yoga For Youth • Big Brother Big Sister Matches Panel • Complimentary Self Care Services

This event starts Friday, July 28, from 7 a.m. to 6 p.m. at Big Brothers Big Sisters. Click here to register.

From Your Site Articles
CellChorus, a biotech startup operating out of the University of Houston Technology Bridge, has secured fresh funding. Photo via Getty Images

Houston biotech startup secures $2.3M grant

cha-ching

They say it’s all in the timing. For CellChorus, it’s all in the TIMING. That’s Time-lapse Imaging Microscopy In Nanowell Grids. TIMING is a visual AI program that evaluates cell activation, killing and movement, which allows scientists to better understand how cells function.

The technology is important to the development of novel therapies in the realms of oncology, infectious diseases, and countless other disorders and diseases. By allowing scientists to observe those maladies at their roots, it will enable them to create, and ultimately deliver new medications and other therapies faster, at lower cost, and with a higher success rate.

CellChorus is a spinoff of the Single Cell Lab at the University of Houston. Part of UH’s Technology Bridge, CEO Daniel Meyer connected with co-founder and leader of Single Cell Lab, Navin Varadarajan, through co-founder Laurence Cooper.

“The company had been established, but there were limited operations,” recalls Meyer during a phone call with InnovationMap.

That was the fall of 2020. Now, the team has just announced a $2.3 million SBIR (Small Business Innovation Research) Fast-Track grant from the National Institute of General Medical Sciences.

“This funding will support development of a product offering that builds on the success of our early access laboratory,” Cooper said in a press release. “As the next frontier of cellular analysis, dynamic single-cell analysis will increase the impact that immunotherapies have in improving the lives of patients.”

Meyer is based in the Bay Area, but the rest of the team is in Houston. Meyer has a proven track record as an investor and early stage entrepreneur in life sciences companies, including work as COO of Genospace, which was acquired by HCA Healthcare.

Meyer says that what attracted him to CellChorus was a combination of a clear need for the technology and the fact that it was “very well validated.“

“Developers of immunotherapies need better functional data earlier so that they can develop and deliver better therapies,” he explains.

Another aspect of its appeal was the fact that more than 10 publications featured data from the TIMING platform.

“We’ve had both large and small biopharmas publish data,” says Meyer. “That’s important as well because it shows there’s applicability in both nonprofit and for-profit research.”

Though Meyer himself doesn’t currently live in Houston, he recognizes its importance to CellChorus. He says that it can be difficult for an early stage company to find appropriate lab space, so Technology Bridge was of exceptional importance for CellChorus. Since opening the lab a year and a half ago, Varadarajan and his team have been busy.

“Example projects we have completed include understanding mechanism of action for cell therapy products, selecting lead candidates for T cell engagers, identifying biomarkers of response to cell therapies, and quantifying potency and viability for cell therapy manufacturing technologies,” says Meyer.

And now, CellChorus is collaborating with leaders in the industry.

“These include top-25 biopharmaceutical companies and promising venture-backed biotechnology companies, as well as leading not-for-profit research institutions,” says Meyer in a press release. It’s clear that the TIMING is right for CellChorus to excel.

A remote workforce has a lot to offer Houston startups, according to the University of Houston. Miguel Tovar/University of Houston

Why Houston startups should consider a remote workforce

Houston voices

There are myriad reasons why it behooves a startup to hire remote workers. This article takes a look at the benefits of expanding your hiring pool.

Remote work by the numbers

According to the State of Remote Work 2017 report, over 60 percent of engineers working in product development work remotely about once a week. That’s 20 percent more than average. The report also sheds light on why startup settings are particularly ideal for working remotely.

The report found that small businesses are twice as likely to hire remote employees as bigger, more corporately structured companies. Startups have an advantage because of their penchant for innovation, their hiring needs, and their willingness to be flexible.

Here are three reasons why startups are idea for working remotely.

Remote work maximizes your chances for acquiring great talent. Once you remove geographical boundaries from your talent search, you will see a wider range of talent from which to cull. Chew on this: what if your ideal lead engineer is in Boise, Idaho, rather than Houston, TX where your startup is based? Removing those geographic limitations means you can hire this person!

The State of Remote Work report showed that fully remote businesses hire employees 30 percent faster than big companies. It would be wise to take advantage of that and cut down on the time it takes for a hire to be processed.

Remote controlling workflow

Diversity of perspective. When you erase geographic limitations, you will get people from all over the country, and that means people with different views. People with different ways of looking at things. Different opinions and thought processes. In fact, study from the London Annual Business Survey discovered a connection between diversity and innovation where more culturally diverse teams were more likely to come up with new products than less diverse teams.

Building trust. It’s quite common for employers to worry about a remote employee’s productivity. They’re hundreds, sometimes thousands, of miles away. It’s only natural to fear that they’re at the amusement park on the company dime. But is the problem really distance? Maybe the problem is the perceived lack of trust. Have faith in your hiring process and ultimate decision. Startup companies have too much to worry about to be concerned with babysitting an employee. Let your team’s work and results do the talking, and put your focus on other things.

Work-life balance. One of the biggest reasons an employee would want to work remotely to begin with is that it allows them to balance their work with their personal life. In fact, The State of Remote Work report revealed that over half of all remote workers chose remote work for precisely that reason. This helps your startup because happier workers work better, and that positivity trickles down and invigorates the whole.

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This article originally appeared on the University of Houston's The Big Idea. Rene Cantu was the writer and editor at UH Division of Research.

The UH Tech Bridge just received fresh federal funding to expand its space for innovation. Photo via UH.edu

University of Houston receives nearly $3M grant for Tech Bridge upgrades

funds granted

The University of Houston's Technology Bridge, which focuses on providing research and development space to UH-affiliated startups and entrepreneurs, has received funding to work on some upgrades.

UH received $2.875 million from the U.S. Department of Housing and Urban Development through a Community Project Funding award was included in an appropriations bill by U.S. Rep. Sylvia Garcia, who represents the region where the Tech Bridge resides.

“Congresswoman Garcia was instrumental in making this funding a reality and we are incredibly grateful for her support and for promoting the innovation ecosystem in the Houston region,” says University of Houston President Renu Khator in a news release. “The Technology Bridge is a growing community of innovators that supports the overall economic health of Houston while creating new opportunities in academia and industry."

Most of the grant will be put toward the UH Industry & International Innovation Hub, or UHI3, a rising center that will provide space for industry partner engagement, an investor and mentoring studio, startup space, training rooms, and innovation event space. The center will also have satellite office for UH’s Small Business Development Center.

The rest of the funding — $475,000 of the grant — will establish The Deck Innovation & Coworking Center, which will include eight new private offices and mail lockers for startups. According to UH, the project is expected to increase capacity by more than 20 companies.

“I am proud to have secured these funds for the University of Houston Technology Bridge. Through this investment, our community will grow stronger, and our economy will be bolstered,” says Rep. Garcia in the release. “Engagement between universities and industry is a priority as we prepare our students to be the workforce of tomorrow in a rapidly evolving world.

"The University of Houston is a world-class institution deserving of our full support, and these federal dollars are proof of that," she continues. "I am proud to represent so many UH students and faculty in Congress and will always fight to get them the resources they need to be on the cutting edge of innovation.”

Currently, the 15-building Tech Bridge and its 31,000 square feet of incubator space houses more than 20 small companies and startups that provide internship and learning opportunities for UH students, along with several federally funded research centers and institutes. The new funding will allow for the Tech Bridge to expand its impact.

“This funding will result in stronger academic and external partnerships, promote key, nationally relevant research and strengthen industry connections for our students,” says Ramanan Krishnamoorti, vice president of energy and innovation at UH. “But most importantly, it will provide an economic catalyst for startups and small businesses in the underserved communities located near the University of Houston.”

The Chancellor's Technology Bridging Fund will provide grants to UH faculty to help them bring their research and ideas into reality. Natalie Harms/InnovationMap

UH launches $2 million fund for faculty innovators to help them bring their ideas to the market

Funding the faculty

The University of Houston Technology Bridge exists to help transition university research and ideas into the marketplace, and now the UH System has gone one step further to aid in that transition process.

UH has announced a $2 million fund for faculty inventors who then could use the grants — estimated to range between $25,000 to $75,000 — to bring their invention to the commercialization stage. The fund, called the Chancellor's Technology Bridging Fund, was revealed on July 18.

"University faculty are working to solve some of the most critical problems of the day, from energy and the environment to medicine," says Renu Khator, chancellor of the UH System and president of UH, in a release. "It often requires an additional boost to get technologies from the lab to the commercial arena, and this fund is designed to help our faculty take that leap."

According to the release, UH officials plan to give out anywhere from four to 10 grants each year for the next five years.

The grants are intended to aid in the prototyping or product testing process, says Tom Campbell, executive director of the Office of Technology Transfer and Innovation in the UH Division of Research. He adds that usually that ideas in that stage of growth aren't usually granted basic research funding.

"The Technology Bridging Fund will fill a gap. It's really difficult to find funding at this early stage of development, and as a consequence, a lot of innovative concepts sit on the shelf," Campbell says in the release.

The fund directly aligns with the institution's goal of taking these UH-originated ideas, companies, and technologies and introducing them to the world, where they can be used by other companies.

"It's a way to de-risk these technologies and attract external interest," Campbell says in the release. "We want to move people and ideas closer to the market. Having access to this type of funding to do that can be extremely valuable."

Last year, UH transitioned its Energy Research Park into the Technology Bridge to better facilitate the growth for its innovators and research. The organization also works to bring in corporations that are looking to expand in Houston, and, earlier this year, two organizations set up shop in the Tech Bridge.

Earlier this year, a new ranking, new ranking, published by the National Academy of Inventors and the Intellectual Property Owners Association, puts UH at No. 88 among the world's top 100 universities for patent activity in 2018. And, according to Campbell, UH will continue this patent growth.

"As the UH research portfolio grows and the medical school starts up, we would continue to anticipate a strong IP portfolio going forward for UH," Campbell tells InnovationMap in a previous article.

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UH scores $18M NIH grant for chronic disease research

research funding

The University of Houston has received a coveted $18.8 million grant from the National Institutes of Health to launch a program to address the root causes of chronic disease.

Only 22 institutions nationwide receive this NIH award, and the 5-year process aligns with the newly established UH Health’s mission to expand healthcare innovations in Texas and beyond. The initiative will be housed in the UH Population Health department.

"This generous funding allows us to directly confront the root causes of chronic illness that place a heavy burden on so many families," Dr. Jonathan McCullers, vice president for health affairs at UH, said in a news release. "With the recent launch of UH Health, we have an unprecedented opportunity to translate scientific discovery into healthier outcomes for our communities by bringing together experts from across the university to improve health where it matters most.”

Through the program, UH researchers from different areas of expertise will work together to address the challenges of chronic illness by looking at biological, social and behavioral factors.

According to the university, chronic diseases like heart disease, diabetes, strokes and others are the leading cause of illness, disability and death in the U.S. They account for 90 percent of the nation’s $5.3 trillion in annual healthcare spending.

Bettina Beech, chief of population health and translational science at UH, serves as principal investigator for the program.

“Chronic disease management largely happens during the 8,700 hours each year that people are not visiting their healthcare provider,” Beech added in the news release. “While healthcare is indispensable, it only accounts for 20 percent of how health is created — genetics accounts for another 10 percent, and the other 70 percent is determined by behavior, social conditions and environment.”

With the funds from the grant, UH will also be able to expand research infrastructure, add to community partnerships, support complementary research, and invest in early-career investigators, according to the news release. UH also aims to develop solutions that could help ease the economic burden of chronic disease.

Report: Where Texas ranks among best and worst states to live in 2026

Texas Talk

After earning its worst-ever ranking last year, Texas has improved slightly on an evaluation of the best states to live, but it's still at the bottom of the pack.

Each year, WalletHub's analysts compare all 50 states using 51 livability metrics to measure their affordability, economy, education and health, quality of life, and safety. Factors that were weighed include the cost of living, homeownership rates, population and income growth rates, wealth gaps, public school system quality, road quality, crime rates, and many others.

The Lone Star State landed at No. 36 in 2026, making it the 15th worth state to live right now. That's on par with its 2024 ranking, and it's a two-spot improvement over its 2025 performance.

While Texas residents can brag about living in a state with the No. 1 highest number of restaurants per capita and the 7th best quality of life in the country, that's about it. Texas earned middling-to-poor scores among the four remaining livability rankings: safety (No. 33), affordability (No. 35), economy (No. 37), and education and health (No. 40).

Here's how Texas fared in other nationwide rankings in the study:

  • No. 27 – Income Growth
  • No. 30 – Housing Costs
  • No. 39 – Percentage of Population in Poverty
  • No. 42 – Percentage of Adults in Fair or Poor Health
  • No. 46 – Homeownership Rate
  • No. 49 – Percentage of Population Aged 25 and Older with a High School Diploma or Higher
  • No. 48 – Average Weekly Work Hours
  • No. 50 – Percentage of Insured Population

Texas has a lot of work to do to improve its livability for all of its residents, but especially for women, according to several other 2026 WalletHub studies. Texas is the fourth-worst state for women, the ninth-worst state for working mothers, and the seventh-worst place to have a baby based on limited access to maternal and pediatric healthcare.

At the very bottom of the report is New Mexico, ranking 50th overall, with Louisiana (No. 49), Mississippi (No. 48), Alaska (No. 47), and Arkansas (No. 46) rounding out the bottom five.

After holding on as the No. 1 best state to live for a few years in a row, Massachusetts now ranks No. 4 and was overtaken by Idaho (No. 1), New Jersey (No. 2), and Wisconsin (No. 3). New Hampshire rounds out the top five best states to live.

WalletHub's top 10 best states to live in 2026 are:

  • No. 1 – Idaho
  • No. 2 – New Jersey
  • No. 3 – Wisconsin
  • No. 4 – Massachusetts
  • No. 5 – New Hampshire
  • No. 6 – Wyoming
  • No. 7 – Utah
  • No. 8 – Minnesota
  • No. 9 – Pennsylvania
  • No. 10 – Florida
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This article originally appeared on CultureMap.com.

6 exciting Houston startup raises to know from July 2026

fresh funding

Houston startups carried the fundraising momentum of Q1 and Q2 into July with several significant seed funding, Series A and Series B rounds.

From geothermal leaders to medtech innovators, these six Houston companies raised more than a quarter billion dollars last month alone, according to reporting by InnovationMap and our sister site, EnergyCapitalHTX.com.

Did we miss a funding round? Let us know by emailing innoeditor@innovationmap.com.

Altillion

Houston-based startup Altillion has secured $5 million in seed funding to accelerate the commercialization of its proprietary IRIS and ALIX technologies, which convert oilfield-produced water into valuable minerals, the company reported earlier this month.

San Francisco-based EIC Rose Rock and Houston-based Flathead Forge led the round. Altillion says the funding will go toward pilot facilities and commercial deployments as the company looks to scale in the U.S. Continue reading.

Buildforce

The U.S. is grappling with a current shortage of 50,000 electricians, according to the National Electrical Contractors Association. Photo via Unsplash

Houston-based Buildforce, which provides a tech-enabled staff platform geared toward electricians and electrical contractors, closed a $10 million Series A round led by Houston’s Saepio Capital last month.

Other investors in the round include Blue Heron Capital, Revolution’s Rise of the Rest Seed Fund, S3 Ventures and Chicago Ventures.

Buildforce says the funding will help fuel its national expansion and further development of its technology.

The startup, founded in 2019, connects electricians with electrical contractors for commercial and industrial construction projects. Continue reading.

Hephae Energy Technology Corp.

The company develops ultra-high-temperature tools to withstand the heat of geothermal reservoirs. Photo via hephaeet.com

Houston-area startup Hephae Energy Technology Corp. closed a $17.8 million Series A financing round last month to commercialize its geothermal technology.

The round was co-led by Pennsylvania-based Susquehanna Sustainable Investments, which invests in early-stage climatech companies, and Copenhagen-based Underground Ventures, which focuses on geothermal energy startups. Alfa8, Baruch Future Ventures, Centaurus Capital LP, Elemental Impact, Exa Ventures, Future Ventures, Grantham Foundation for the Protection of the Environment, New System Ventures and True North Institute joined the round, along with existing Houston-based investor Nabors Industries. Hephae reports in a news release that the Series A round brings the company's total capital raised to $24.7 million. Continue reading.

TYBR Health

The company's B3 GEL System is designed to protect tendons, ligaments and muscles while they heal from orthopedic surgery. Photo via Unsplash

Houston-based healthtech startup TYBR Health has raised a $30 million Series A round to scale its B3 GEL System, which helps protect tendons from scarring after surgery, the company announced last month.

The round was led by Minneapolis-based Vensana Capital and Cleveland-based Mutual Capital Partners, with participation from Denver-based Neovate Capital Partners and existing investors, according to a news release from the company.

TYBR Health said it plans to use the funding to broaden the B3 GEL System's clinical applications, expand commercialization and conduct studies to evaluate its ability to protect tissue and improve healing outcomes. Continue reading.

Venus Aerospace 

Venus Aerospace has secured funding from Mercury Fund, Lockheed Martin Ventures and others. Photo courtesy Venus Aerospace

Houston-based Venus Aerospace closed a $91 million Series B round last month and plans to scale the production of its hypersonic engine.

The round was led by Houston-based Mercury Fund with participation from Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity and other investors, according to a news release.

The investment comes about a year after Venus completed the first U.S. flight test of its high-thrust rotating detonation rocket engine (RDRE). The engine is expected to enable vehicles to travel four to six times the speed of sound from a conventional runway and is about 15 percent more efficient than traditional alternatives, according to the company. Continue reading.

Quaise Energy

A rendering of a Quaise Energy geothermal plant. Rendering via quaise.com

Houston-based Quaise Energy, a producer of utility-scale geothermal power, closed $134 million in a Series B round last month to advance its “superhot” geothermal power plant.

Climate-focused San Francisco-based investment firm Prelude Ventures led the round, with participation from JERA Co., Japan’s largest power generation company, and Idemitsu Kosan, one of Japan’s largest energy companies. Nearly all existing investors, including cleantech-focused investment firm Safar Partners, participated in the round.

The startup expects more equity and debt deals to close “imminently.” Quaise has raised $230 million since its founding in 2018. Continue reading.

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