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Report: Amid difficult market, Houston sees uptick in VC funding

Houston-area startups saw a healthy increase in venture capital funding during the first half of 2024 compared with the same period last year, new data shows. In the first six months of this year,...

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Houston cardiac health startup raises $43 million series B to grow AI-backed...

A Houston-based tech company that has a product line of software solutions for cardiac health has raised funding.Octagos Health, the parent company of Atlas AI — a software platform for cardiac...

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Houston e-commerce unicorn secures $130M in financing

Houston-based Cart.com, which operates a multichannel commerce platform, has secured $105 million in debt refinancing from investment manager BlackRock. The debt refinancing follows a recent $25...

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Power grid tech co. with Houston HQ raises $25M series B

A Norway-based provider of technology for power grids whose U.S. headquarters is in Houston has raised a $25 million series B round of funding. The venture capital arm of Polish energy giant Orlen,...

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Houston-based clean energy site developer raises $300M to decarbonize big...

Houston energy executives have started a new company dedicated to developing clean-powered infrastructure for the large electric loads.Cloverleaf Infrastructure, dually headquartered in Houston and...

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Here's how much it takes to earn a top 1 percent salary in Texas

With two Houston-area neighbors cashing in among the most wealthy suburbs in America, Houstonians may be wondering how much money they need to make to secure a place in the top one percent of earners....

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Houston agriculture robotics co. raises $21.5M series A to grow climatetech...

A Houston energy tech startup has raised a $21.5 million series a round of funding to support the advancement of its automated technology that converts field wastes into stable carbon.Applied Carbon,...

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Houston clean energy co. raises $10.8M series A

A tech-driven retail energy provider based in Houston has secured an oversubscribed series A round of funding.Branch Energy raised a $10.8 million round led by climate-focused venture capital firm...

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Houston medtech startup secures additional $3M for lung cancer diagnostic tool

A Houston-based medtech startup with an innovative tool that's aiming to transform lung cancer intervention has closed its series A extension round.Prana Thoracic announced an additional $3 million in...

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Houston companies score big on annual Fortune 500 ranking

Fourteen businesses with global or regional headquarters in the Houston area appear on Fortune’s new list of the world’s 500 biggest companies.Oil and gas company Saudi Aramco, whose headquarters for...

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Rice University awards $150,000 to space researchers

The Rice Space Institute has awarded $150,000 in seed funding to six university researchers to further their work in space-related science and engineering. The projects each will receive $25,000 until...

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2 Houston institutions receive $44.2M to create new regional research hub

The University of Houston and Baylor College of Medicine have been awarded a sizable grant to create a regional research hub.The National Center for Advancing Translational Research awarded the $44.2...

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Houston oncology therapeutics co. raises $11.4M in seed funding

A Houston-based, clinical-stage immuno-oncology company has raised an oversubscribed round of seed funding.Diakonos Oncology Corp. closed its seed round to the tune of $11.4 million. The funding will...

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2 lab-stage Houston startups receive fresh funding from Rice University grant...

Rice University has doled out another batch of grants from its program supporting lab-based innovations.The One Small Step Grant, which was announced a year ago and gave out its first grants in...

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Houston company secures $12M series A for decarbonization plant

A fresh $12 million round of funding will enable Houston-based Citroniq Chemicals to propel planning, design, and construction of its first decarbonization plant. An unidentified multinational energy...

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Houston company secures $100M for 'world’s largest geothermal energy plant'

Houston-based geothermal energy company Fervo Energy has secured a $100 million bridge loan for the first phase of its ongoing project in Utah.The loan came from an affiliate of Irvington, New...

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Houston tech hub secures $40M to meet rising data center needs

A technology hub in Houston has fresh funding to drive tech advancement and data center growth.Texas’ Commercial Property Assessed Clean Energy (C-PACE) program Lone Star PACE has arranged $40 million...

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Houston superconductor tech manufacturer raises $25M

A Houston company has closed its series B extension at $25 million.MetOx International, which develops and manufactures high-temperature superconducting (HTS) wire, announced it closed a $25 million...

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Rice University innovators claim prizes across health care, energy research

Undergraduate students from Rice University were awarded the top prize in a health innovation challenge. Design by Biomedical Undergraduate Teams (DEBUT) Challenge, which is organized by the National...

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Rising Houston health care tower secures $50M in donations

Houston’s Baylor College of Medicine has received more than $50 million in donations for construction of the Lillie and Roy Cullen Tower. The tower, originally announced last year and set for...

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Houston clean energy company secures $53M series C investment

Houston-based Utility Global, a maker of decarbonization-focused gas production technology, has raised $53 million in an ongoing series C round.Among the participants in the round are Canada’s Ontario...

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Houston PE firm scores $725M to launch new business unit to invest in...

Houston-based Ara Partners, a private equity firm that focuses on industrial decarbonization investments, is receiving up to $725 million from a Tennessee-based family office to launch an energy...

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Houston-based autonomous trucking tech co. raises $20M

A Houston-based autonomous vehicle technology company has raised early funding.Bot Auto has announced the completion of its pre-series A funding round which was oversubscribed and raised $20 million....

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Tilman Fertitta tops new Forbes list of Houston's richest billionaires

A dozen of Houston's illustrious billionaires have made the cut on the newForbes 400, a list of the 400 richest people in the United States for 2024.Houston hospitality king and Rockets owner Tilman...

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Innovative Houston chemicals manufacturing platform provider raises $40M...

Houston-based Mstack, whose platform helps manufacturers source specialty chemicals, has raised $40 million in a series A funding round. Lightspeed Venture Partners and Alpha Wave Incubation led the...

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Houston legal tech platform raises $8M series A, plans to hire

Houston-based DocJuris, a leader in AI contract review, announced the successful closure of its series A funding round by raising $8 million in new capital. This brings the total capital raised to...

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Houston biotech VC firm's portfolio cos. score $5.3M in federal funding

Three portfolio companies of Houston venture capital firm First Bight Ventures have received a combined $5.25 million from the U.S. Defense Department’s Distributed Bioindustrial Manufacturing...

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After trending up all year, Houston VC activity drops in Q3

New data from the PitchBook/NVCA Venture Monitor reveals a seesaw pattern in the Houston area’s venture capital funding. VC fundraising by Houston-area companies climbed during the first part of this...

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Houston startup designing emergency response drones lands $5.2M in seed funding

Houston-based Paladin, whose remotely controlled drones help first responders react quickly to emergencies, has collected $5.2 million in seed funding.Gradient, a seed fund that backs AI-oriented...

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Clinical-stage Houston cell therapy company closes $28.4M oversubscribed...

An emerging biotech company in Houston has closed its series A with outsized success. March Biosciences' oversubscribed raise brought in $28.4 million of financing with Mission BioCapital and 4BIO...

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