ChannelTwoNews Posted November 20, 2023 Share Posted November 20, 2023 (edited) Cart.com is moving its HQ back to Houston from Austin for a number of reasons - citing the former's better connections to its international offices as well as supply chain and logistical knowledge and resources. https://www.bizjournals.com/houston/inno/stories/news/2023/11/20/cartcom-headquarters-returns-houston.html "The company that we were in late 2020 and through 2021 and part of 2022 was absolutely a company that was built for revenue growth at all costs," Tonar said. "Now the mandate has turned towards looking at profitability and cash flow, and the culture of a place like Houston is attuned to that kind of operating model." They are currently said to be looking for a location close to The Cannon near Memorial City, where they originally started. Even though they are a primarily remote-based workforce, their focus is on hiring locally. Edited November 20, 2023 by ChannelTwoNews Updated link 1 Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted November 22, 2023 Author Share Posted November 22, 2023 Additional comments from the co-founder of Cart.com, Remington Tonar https://www.bizjournals.com/houston/inno/stories/inno-insights/2023/11/21/cartcom-headquarters-return-houston-logistics-boom.html "What are your thoughts on how Houston’s innovation ecosystem has grown? This topic is very near and dear to me, and I’m very passionate on why it's important to continue to grow the ecosystem. Certainly, in the years since I’ve been in Houston, I’ve seen the ecosystem almost J-curve. When I moved down from New York City, I was unpleasantly surprised by the lack of infrastructure that the fourth-largest city in the country had for startups and entrepreneurs. Now we have multiple Cannon locations, the Ion, multiple national-level incubators. Omair and I and our founding investor, Jim Jacobsen, started this company at the Cannon West Houston, so in a lot of ways Cart.com is one of the most prominent examples of why we need to continue pushing for more startup infrastructure in Houston." 1 Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted February 15 Author Share Posted February 15 Houston Inno - Houston organizations launch first-ever Houston Climate and Energy Startup Week (bizjournals.com) "The inaugural Houston Climate and Energy Startup Week will take place Sept. 9-13. The event is a collaboration between Houston-based Halliburton Labs, climate technology accelerator Greentown Labs and the Rice Alliance for Technology and Entrepreneurship. While details on specific events are not yet available, the anchoring events of the week will be the Rice Alliance’s Energy Tech Venture Forum, a currently undisclosed Greentown Labs event, and Halliburton Labs’ Finalist Pitch Day. Some events will be hosted at the Ion, the innovation hub near Greentown Labs in Midtown." Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted April 4 Author Share Posted April 4 (edited) Houston Inno - Guy Fieri, Mastercard, other investors boost fintech platform Hello Alice to $130M valuation (bizjournals.com) "Financial technology platform Hello Alice has hit a new valuation milestone thanks to a Series C funding round that highlights continued investor interest in artificial intelligence. Houston-based Hello Alice said April 4 that the undisclosed funding amount took the company’s total valuation to $130 million. According to the company’s Crunchbase profile, Hello Alice had raised $26.5 million prior to the announcement. New investors for the company include celebrity restaurateur Guy Fieri and streamer Tyler "Ninja" Blevins, as well as Mastercard Inc. (NYSE: MA)." Edited April 4 by ChannelTwoNews updated link Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted April 4 Author Share Posted April 4 Houston Inno - How edtech startup TrueLeap is attracting global investors to leap domestic hurdles (bizjournals.com) "Dario Calogero’s investment thesis is simple: He looks for technology companies that are willing to land in emerging markets around the world. That led the Italian tech investor and entrepreneur to his LinkedIn feed, where he saw a post from Sunny Zhang, a founder at Houston-based educational tech startup TrueLeap. Intrigued, Calogero met with Zhang and her co-founder, Sandip Bordoloi, and went on to lead a pre-seed investment for the company." Quote Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted April 12 Author Share Posted April 12 Halliburton Labs-backed NanoTech Materials opens headquarters - Houston Business Journal (bizjournals.com) "A Houston-area serial entrepreneur took his latest startup from a garage to its own manufacturing facility in under five years. Mike Francis’ materials manufacturing company NanoTech Materials cut the ribbon on its 43,000-square-foot manufacturing facility on April 10. The building is at 21401 Park Row Drive in the Katy area, and it houses NanoTech Materials’ headquarters in addition to the company's manufacturing space. A spokesperson for NanoTech confirmed that the company would be fully moved in next week. The building also includes lab and office space, as well as interior art by Houston-based artist Amy Malkan. NanoTech currently employs 18 workers but plans to hire more." Quote Link to comment Share on other sites More sharing options...
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