Houston startup selected for inaugural climatetech global entrepreneur competition

ready to pitch

Syzygy Plasmonics is going to be competing in Gastech's new startup competition. Photo via Getty Images

A global natural gas, LNG, hydrogen, low-carbon solutions, and climate technology convention is coming to Houston next month — but only one Houston startup is geared up for the event's new startup competition.

Gastech invited 20 promising companies for its inaugural Gastech Start-Up Competition, and 11 companies have signed on to participate so far. Houston-based Syzygy Plasmonics, which created and is scaling a sustainable photocatalytic reactor, is currently the only local company among the participants.

“Gastech's focus on creating a low-carbon, affordable energy future aligns perfectly with Syzygy's drive to produce low-carbon, low-cost hydrogen, liquid fuels, and syngas," Syzygy Plasmonics CEO Trevor Best says. "We can't wait to represent Houston as the only startup from the area to be included among the 11 finalists in the Gastech Climatetech Global Entrepreneur Competition.”

It's the first year Gastech, which was announced to be returning to Houston last year, is hosting the competition, which invited startups from the Gastech Hydrogen and Climatetech & AI hubs. The program will allow the participants to promote their projects, benchmark in a competitive setting, and receive critical feedback from experts.

The selected companies are innovating scalable solutions across technologies in climatetech, alternative fuels, industrial decarbonization, AI, hydrogen, and more. Each company will have five minutes to pitch and three minutes of feedback. The winner receives the Gastech 2024 Leading Start-up Trophy.

“We were very impressed by the ability of Syzygy to provide deep decarbonization technology which hit the mark on each of the requirements above – we hadn’t seen it before at Gastech and there is real potential to deliver at scale,” Simon Ford, vice president at Gastech, says.

The other selected and confirmed companies are:

General Galactic
Element One
Stars Technology
Modcon System
Fluid-7
Divigas
Gusty.ai
Omega Black
Kayrros
Mitis

The competition is in partnership with Houston Energy Transition Initiative and will take place beginning at 1:30 pm on Wednesday, September 18. Networking will follow the competition. Judges include Jane Stricker of the Houston Energy Transition Initiative, Mahdi Aladel and/or Bruce Niven of Aramco Ventures, and Daniel Palmer of Climate Investment.

From Your Site Articles

Here's what student-founded startups are leaving CERAWeek with fresh funding. Photo courtesy of HETI

Houston clean tech startup pitch competition awards prizes at annual CERAWeek event

big winners

For the third year, the Greater Houston Partnership's Houston Energy Transition Institute hosted its startup pitch competition at CERAWeek by S&P Global. A dozen startups walked away with recognition — and three some with cash prizes.

HETI joined partners Rice Alliance for Technology and Entrepreneurship and TEX-E for the 2024 Energy Venture Day and Pitch Competition at CERAWeek on Wednesday, March 20. Forty-two companies, which have collectively raised over $265 million in investment funding already, pitched to judges. Nine startups won awards across three tracks.

TEX-E, a Texas nonprofit that supports student-founded upstarts, had five of its companies pitch and three winners walked away with monetary prizes. Teams that competed in the TEX-E Prize track, many of which come from Houston universities, include:

AirMax, University of Texas at Austin
BeadBlocker, University of Houston
Carvis Energy Solutions, Texas A&M University
Coflux Purification, Rice University
Solidec, Rice University

Solidec, which is working on a platform to produce chemicals from captured carbon, won first place and $25,000. The company also recently scored a $100,000 grant from Rice's One Small Step Grant program, as well as a voucher from the DOE. Coflux Purification, which has a technology that destroys PFAS in filtration, won second place and$15,000. The company also secured a One Small Step Grant to the tune of $80,000. AirMax, which focuses on optimizing sustainability for air conditioning equipment, won third place and $10,000.

Last year, Houston-based Helix Earth Technologies took home the top TEX-E price and $25,000 cash awards. The venture, founded by Rawand Rasheed and Brad Husick from Rice University, developed high-speed, high-efficiency filter systems derived from technology originating at NASA.

The rest of the companies that pitched competed for non-monetary awards. Here's what companies won:

Group A (CCUS, oilfield solutions, analytics and minerals):
- First place: Ardent
- Second place: Vaulted Deep
- Third place: Mitico
Group B (batteries, renewables, water, and grid technology):
- First place: SungreenH2
- Second place: FeX Energy
- Third place: Mercurius Biorefining
Group C (Mobility, Materials, and hydrogen solutions)
- First place: Thiozen
- Second place: Power2Hydrogen
- Third place: Arolytics
People's choice: Decimetrix

HETI, Rice Alliance, and TEX-E celebrated the winners at a private reception on Wednesday evening.

———

This article originally ran on InnovationMap.

Houston-based WellWorth was selected as the winner of this year’s Houston Startup Showcase. Photo via LinkedIn

Houston energy SaaS startup wins local pitch competition

no. 1

The Ion hosted its annual startup pitch competition, and one company walked away with a win.

WellWorth, a financial modeling and analysis software-as-a-service company for the upstream energy sector, won the Houston Startup Showcase + Expo and secured a $5,000 prize. The startup's technology introduces a more streamlined approach to NAV modeling or corporate financial modeling for its users.

“Having worked in investment banking, I have seen firsthand how the limitations of Excel models and a lack of bespoke tools have led to inefficient workflows in upstream Oil & Gas finance," says Samra Nawaz, CEO and Co-founder of WellWorth, in a statement. "We decided to solve this problem by building a cloud-based platform that helps energy finance leaders improve decision-making around raising, managing, and deploying capital.”

Nawaz explains how impactful the opportunity to pitch has been on WellWorth, which aims to raise funding early next year accelerate customer acquisition and product development.

“By getting involved in the Ion’s innovation ecosystem, we’ve been able to not only network with many entrepreneurs and innovators in the Houston community, but also find opportunities to scale our growth,” continues Nawaz. “We’re thrilled to have brought a few more customers onboard recently, and are working closely with them to optimize our product pipeline."

The company pitched alongside the other five finalists, which included Tierra Climate, MRG Health, BeOne Sports, Trez, and Mallard Bay. Mallard Bay, a booking platform for hunting and fishing trips, secured the people's choice award, which was decided by the crowd.

“Our flagship event, Houston Startup Showcase, not only connects startups and entrepreneurs with top business leaders but also provides them an opportunity to pitch their innovations to the technology ecosystem,” says Jan Odegard, executive director of the Ion, in a news release. “We extend our congratulations to WellWorth and the company’s innovative SaaS platform for energy industry finance teams, as well as Mallard Bay, the People’s Choice winner. These companies are exemplifying the exciting new technologies being developed in Houston today.”

In addition to the pitches, several companies showcased at the event, including Nanotech, manufacturer of thermal management materials for the built environment; last year's winner Unytag, a universal toll tag that provides drivers the ability to pass through tolls anywhere in the nation; and Softeq, provides early-stage innovation, technology business consulting, and full-stack development solutions to enterprise companies and innovative startups.

Ad Placement 300x100

Ad Placement 300x600

CultureMap Emails are Awesome

Property Showcase

CERAWeek 2026 to bring energy leaders to Houston to discuss tech and geopolitics

where to be

CERAWeek returns this month, March 23-27, and will once again bring leading energy executives and government officials to Houston.

The 44th annual event will again host U.S. Secretary of Energy Chris Wright and U.S. Secretary of the Interior Doug Burgum.

Wright will participate in a plenary session focused on energy policy with Daniel Yergin, conference chair and vice chairman of S&P Global, on March 23. The following day, he will be featured in the Celebrating 10 Years of U.S. LNG reception with Jack Fusso, president and CEO, of Cheniere Energy. Both events are part of the Executive Conference track.

Burgum will participate in a leadership dialogue plenary session with Yergin on March 25. It is also part of the Executive Conference track. Burgum is also chairman of the National Energy Dominance Council, established by President Trump in 2025.

Top energy executives, many of whom are based in Houston, will also be featured prominently at the week-long event. Other speakers include:

Bill Blevins, director of grid coordination for the Electric Reliability Council of Texas (ERCOT)
Trevor Best, CEO of Syzygy Plasmonics
Marie Contour Carrere, executive director of the Rice Sustainability Institute
Ryan DuChanois, co-founder and CEO of Solidec
Reginald DesRoches, president of Rice University
Georgina Campbell Flatter, CEO of Greentown Labs
Jim Fitterling, chair and CEO of Dow Inc.
Vicki Hollub, CEO of Occidental Petroleum Corp.
Renu Katon, chancellor and president of the University of Houston
Ryan Lance, chairman and CEO of ConocoPhillips
Olivier Le Peuch, CEO of SLB
Patrick Pouyanné, chairman and CEO of TotalEnergies SE
Adrian Tromel, chief innovation officer and interim VP for Innovation at Rice University
Bobby Tudor, founder and CEO of Artemis Energy Partners and chairman of HETI
Wael Sawan, CEO of Shell plc
Lorenzo Simonelli, chairman and CEO of Baker Hughes Co.
Mike Wirth, chairman and CEO of Chevron Corp.
Jeremy Pitts, managing director of Activate Houston
And many others

This year, CERAWeek will center around the theme of Convergence and Competition: Energy, Technology and Geopolitics.

"Change is inescapable," Yergin said in a news release. "The global energy landscape—and to a large extent the entire global economy—is being fundamentally reshaped by the dual forces of convergence and competition. The race for AI is fusing the energy and technology industries like never before, bringing into sharp relief the need to align energy expansion with sustainable economic growth."

"Yet, the potential for collaboration and innovation is increasingly matched by the risk for collision and conflict in a world marked by geopolitical rivalry, tariffs and fragmented supply chains," he continued. "Reconciling an increasingly complex world with the growing demand for energy that is stable, secure and affordable is a complex reality that CERAWeek 2026 will tackle when global energy leaders meet in Houston."

Key topics of discussion will include:

Politics, Economics, Trade and Supply Chains
Policy, Regulations and Stakeholders
Oil Value Chain
Power, Renewables, Generation and Grid
AI and Digital
Minerals and Mining
Electrification Technologies
Investment and Financing
Chemicals and Materials
Business Strategies
The Innovation Ecosystem
Managing Emissions
Low-Carbon Fuels and Mobility
Climate and Sustainability
Workforce Strategy

The CERAWeek Innovation Agora track, which is the program's deeper dive into technology and innovation, will feature thought leadership on "AI, decarbonization, low carbon fuels, cybersecurity, hydrogen, nuclear, mining and minerals, mobility, automation and more," according to the release.

Agora Hubs will return this year and be divided into three zones: new energies, carbon and climate, and AI. The hubs will feature amphitheater-style sessions and panels. Agora Pods will allow energy startups to showcase their ideas in 20- to 30-minute presentations.

Additionally, CERAWeek will introduce a new program this year on Friday, March 27. Known as Look Forward, it will focus on economics, politics and technology.

See the full agenda for the week here. Find more information and register for the event here.

Houston team unveils model to manage e-waste and more news to know

Trending News

Editor's note: The top energy transition news for March includes the "missing link" in scaling e-waste recycling and Houston's future as a leader in CCUS. Plus, we preview the teams pitching at the Energy Venture Day competition during CERAWeek. Here are the five most-read EnergyCapitalHTX stories from March 1-15:

1. Houston researchers propose model to scale e-waste recycling

Jian Shi, Chuyue Wang and Kailai Wang have developed a model that aims to make recycling e-waste economically viable and help recover critical minerals needed for EVs. Photo courtesy UH.

The “missing link” in critical minerals may have been in our junk drawers all along, according to new research from the University of Houston. Jian Shi, an associate professor in the UH Cullen College of Engineering, and his team have unveiled a new supply chain model that aims to make e-waste economically viable and could help make large-scale recycling possible. Continue reading.

2. Houston positioned to lead in Carbon Capture Utilization (CCU), study shows

Jane Stricker reflects on four years at HETI. Courtesy photo

With global demand for energy production while lowering emissions continues to grow, Houston and the Gulf Coast region are uniquely positioned to lead with carbon capture, utilization and sequestration (CCUS). A new study developed by the Houston Energy Transition Initiative (HETI) in collaboration with Deloitte Consulting explores how the region can transform captured CO₂ into valuable products while supporting continued economic growth and industrial competitiveness. Continue reading.

3. Houston cleantech startup seeks $200M for superhot geothermal plant

Houston cleantech startup seeks $200M for superhot geothermal plant

Quaise Energy is developing Project Obsidian, a superhot geothermal plant in central Oregon. Rendering via quaise.com.

Houston-based Quaise Energy is looking to raise $200 million to support the development of a 50-megawatt superhot geothermal plant in Oregon. The company is seeking $100 million in Series B funding, plus an additional $100 million from grants, debt and project-level finance, a representative from the company tells EnergyCapital. Continue reading.

4. 40+ teams to pitch at annual CERAWeek clean energy competition

40+ teams to pitch at annual CERAWeek clean energy competition

Houston-based HEXASpec took home the top TEX-E prize and $25,000 at last year's Energy Venture Day and Pitch Competition. Photo courtesy TEX-E.

The Rice Alliance for Technology and Entrepreneurship, the Houston Energy Transition Initiative (HETI), the Texas Entrepreneurship Exchange for Energy (TEX-E) and the Ion have named the 30-plus energy ventures and teams that will pitch at the 2026 Energy Venture Day and Pitch Competition during CERAWeek this month. The selected ventures are "driving efficiency and advancements toward the energy transition," according to the Rice Alliance. Continue reading.

5. Texas data center boom could strain water supply, new report warns

A new report shows that Texas data centers used 25 billion gallons of water in 2025. Photo via HARC report.

As data centers continue to boom throughout Texas, a new report from the Houston Advanced Research Center (HARC) warns that the trend could strain the state’s water supply. HARC estimates Texas data centers used 25 billion gallons of water in 2025—and that the demand for water will continue to rise to meet the needs of the 464 data centers currently in Texas, as well as 70 additional sites currently under development. Continue reading.

Italian clean energy co. selects The Woodlands for North American HQ

new HQ

An Italian renewable energy company has picked The Woodlands for its North American headquarters.

AB Energy USA will occupy about 11,000 square feet in The Woodlands Towers at The Waterway. The company expects to add about 45 jobs in The Woodlands this year. Beginning in 2027, AB Energy USA will add another 30 jobs over a five-year period.

The new headquarters will be the corporate and governance hub for all of AB Energy’s North American subsidiaries. AB Energy, an arm of Italy-based AB, supplies renewable natural gas systems for industrial, commercial and data center customers. AB has operated in the U.S. since 2014.

“Establishing our North American headquarters in the Energy Capital of the World is a strategic step in AB’s long-term commitment to the U.S. market,” Paolo Ruggeri, North American CEO for AB Energy USA, said in a news release. “Houston gives us access to world-class engineering and energy talent, and strengthens our ability to attract and grow a high-performing team.”

Jevon Gibb, CEO of The Woodlands Area Economic Development Partnership, said several markets competed for AB Energy’s North American headquarters.

“AB’s decision to establish its North American headquarters here demonstrates The Woodlands’ competitiveness for both international companies and energy sector leaders,” Gibb said.

View All Listings

ENERGYCAPITALHTX EMAILS ARE AWESOME