getting pitch perfect

Here's what startups are going to the Venture Houston pitch competition's semifinals

A panel of judges selected 30 startups to compete in the Venture Houston pitch competition. Here's who's competing for over $1.7 million in investment prizes. Graphic courtesy of HX

Venture Houston — a two-day virtual conference put on by the HX Venture Fund — is slated for Thursday and Friday of this week, and, in addition to several panels, the event has a startup pitch competition with over $1.7 million on the line.

Judges selected 30 semifinalists and assigned to three different tracks — each named for a Houston sports team — for the competition. The semifinals will take place on Thursday, February 4, at 1:30 pm. Two startups from each track will move on to compete in the finals on Friday, February 5, at 1:30 pm. Three winners will claim cash prizes — first place will win $15,000 from Halliburton Labs, second place will win $10,000 from Softeq, and third place will win $5,000 from ChampionX.

InnovationMap is the media partner for Venture Houston. Click here to register for the two-day virtual event.

There are also 11 investment prizes on the line, and all of the 30 semifinalists are eligible to win those:

  • $500,000 from Fitz Gate Ventures
  • $250,000 from The Artemis Fund
  • $250,000 from Montrose Lane
  • $250,000 from Live Oak Venture Partners
  • $150,000 from Carnrite Ventures
  • $100,000 from Mercury Fund
  • $100,000 from Next Coast Ventures
  • $50,000 from Houston Angel Network
  • $50,000 from Texas Halo Fund
  • $50,000 from Plug and Play
  • $25,000 from baMa
Twenty-six judges — representatives from venture groups, startup development organizations, and more — evaluated entries and selected the following semifinalists for the competition:

Astros Track

Graphic courtesy of HX

Pitching order for this track is:
  1. Belmont Technology Inc - Jean-Marie Laigle
  2. Cemvita Factory - Blake Manuel
  3. Data Gumbo - AndrewBruce
  4. MacroFab - MishaGovshteyn
  5. Mainline - Chris Buckner
  6. Orbital Traction - Stuart Schaaf
  7. PATH EX - Sinead Miller
  8. Syzygy Plasmonics - Trevor Best
  9. Topl - Kim Raath
  10. Venus Aerospace - Sarah Duggleby

Dynamo Track

Graphic courtesy of HX

Pitching order for this track is:

  1. Bondwell Technologies - David Howell
  2. CaseCTRL - Pamela Singh
  3. Cinevva - Mariana Muntean
  4. Connectus Global - Michael Anderson
  5. Conversifi - Steven Krubiner
  6. DOSS - Bobby Bryant
  7. Koda Health - Tatiana Fofanova
  8. Sibme - David Wakefield
  9. The Postage - Emily Cisek
  10. Work & Mother - AbbeyDonnell


Rockets Track 

Graphic courtesy of HX

Pitching order for this track is:

  1. CellChorus - Daniel Meyer
  2. Finboa - Dheeraj Singal
  3. Galen Data - Chris DuPont
  4. HTX Labs - Scott Schneider
  5. Keto A.I Inc. - Jeff Jenson
  6. Lodgeur - Sebastien Long
  7. Nesh - Sidd Gupta
  8. ORDRS - Erik Ibarra
  9. Spark Biomedical Inc - Daniel Powell
  10. Grant Source - Allen Thorton

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Building Houston

 
 

BUCHA BIO has raised over $1 million to grow its team, build a new headquarters, and accelerate its go-to-market strategy. Image courtesy of BUCHA BIO

A Houston company that has created a plant-based material that can replace unsustainable conventional leathers and plastics has announced the close of its oversubscribed seed funding round.

BUCHA BIO announced it's raised $1.1 million in seed funding. The round included participation from existing partners New Climate Ventures, Lifely VC, and Beni VC, as well as from new partners Prithvi VC, Asymmetry VC, and investors from the Glasswall Syndicate, including Alwyn Capital, as well as Chris Zarou, CEO & Founder of Visionary Music Group and manager of multi-platinum Grammy-nominated rapper, Logic, the startup reports in a news release.

“I’m excited to back BUCHA BIO’s amazing early market traction," Zarou says in the release. "Their next-gen bio-based materials are game-changing, and their goals align with my personal vision for a more sustainable future within the entertainment industry and beyond.”

The company, which relocated its headquarters from New York to Houston in February, was founded by Zimri T. Hinshaw in 2020 and is based out of the East End Makers Hub and Greentown Houston.

BUCHA BIO has created two bio-based materials using bacterial nanocellulose and other plant-based components. The two materials are SHORAI, which can be used as a leather alternative, and HIKARI, a translucent material that is expected to be formally introduced in November.

The fresh funding will help the company to accelerate its move into the marketplace next year by securing co-manufacturers to scale production. Additionally, the company is growing its team and is hiring for a new supply chain lead as well as some technician roles.

Per the release, BUCHA BIO is working on constructing a new headquarters in Houston that will house a materials development laboratory, prototype manufacturing line, and offices.

BUCHA BIO has the potential to impact several industries from fashion and automotive to construction and electronics. According to the Material Innovation Initiative, the alternative materials industry has seen an increased level of interest from investors who have dedicated over $2 billion into the sector since 2015.

“The time for rapid growth for biomaterials is now," says repeat investor Eric Rubenstein, founding managing partner at Houston-based New Climate Ventures, in the release. "BUCHA BIO's team and technical development are advancing hand in hand with the demands of brand partnerships, and we are excited to support them as they capitalize on this global opportunity.”

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