leading the way

University of Houston names new energy transition-focused executive

Debalina Sengupta has been named as the chief operating officer of UH's Energy Transition Institute. Photo via UH.edu

The University of Houston has named a new C-level executive to its energy transition-focused initiative.

Debalina Sengupta has been named as the chief operating officer of UH's Energy Transition Institute, which was established in 2022 by a $10 million commitment from Shell USA Inc. and Shell Global Solutions (US) Inc. The institute focuses on hydrogen, carbon management and circular plastics and works closely with UH’s Hewlett Packard Enterprise Data Science Institute and researchers across the university.

Sengupta, who was previously a chemical engineer with over 18 years of experience with sustainability and resilience issues, was called to ETI’s mission and its focus on Houston, which is home to more than 4,500 energy companies and a pivotal international oil and gas hub.

“UH Energy Transition Institute is the first of its kind Institute setup in Texas that focuses solely on the transition of energy,” she says in a news release. “A two-way communication between the academic community and various stakeholders is necessary to implement the transition and I saw the UH ETI role enabling me to achieve this critical goal.”

Originally from India, where she saw first-hand the impact of natural disasters, she has been working with Texas coastal communities over the past two years to not help bring coastal resilience projects along the coast. The Texas coast will serve potentially as an economic development zone for several energy transition projects.

“It is necessary that we think deeply about sustainability quantification for our energy systems, diversify and expand from fossil to non-fossil resources, and understand how it can impact our future generations,” Sengupta continues. “This requires rigorous training and adopting new technologies that will enable the change, and I am dedicated to work towards this goal for UH ETI.”

Sengupta has also worked as a postdoctoral research fellow in the U.S. Environmental Protection Agency. She has a bachelor’s degree in chemical engineering from Jadavpur University in India and a doctorate from Louisiana State University with a focus on process systems engineering. Sengupta previously was at Texas A&M University where she was the Coastal Resilience Program director for Texas Sea Grant,which is a federal-state partnership program funded by the U.S. Department of Commerce National Oceanic and Atmospheric Administration. She has served as the associate director of the Texas A&M Engineering Experiment Station’s Gas and Fuels Research Center; coordinator of the Water, Energy and Food Nexus at Texas A&M Energy Institute; and lecturer at the Artie McFerrin Department of Chemical Engineering.

The ETI has helped catalyze “cross-disciplinary cooperation” to expand funding opportunities for UH faculty, which includes direct funding of over 24 projects via seed grants. As the new COO, Sengupta will work alongside founding executive director of the institute, Joe Powell, their executive team and the ETI advisory board to develop and implement strategic plans. Her position is partially funded by a $500,000 grant from the Houston-based Cullen Foundation.

“We are excited to have Dr. Sengupta join us at UH to help drive the Energy Transition Institute to fulfill its mission in educating students, expanding top-tier research, and providing thought leadership in sustainable energy and chemicals for the Houston area and beyond,” Powell adds. “Dr. Sengupta brings a strong background and network in collaborating with academic, community, governmental and industry partners to build the coalitions needed for success.”

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A View From HETI

PitchBook attributes $634 million in fourth-quarter VC to Fervo. Photo via Getty Images

The venture capital haul for Houston-area startups jumped 23 percent from 2023 to 2024, according to the latest PitchBook-NVCA Venture Monitor.

The fundraising total for startups in the region climbed from $1.49 billion in 2023 to $1.83 billion in 2024, PitchBook-NVCA Venture Monitor data shows.

Roughly half of the 2024 sum, $914.3 million, came in the fourth quarter. By comparison, Houston-area startups collected $291.3 million in VC during the fourth quarter of 2023.

Among the Houston-area startups contributing to the impressive VC total in the fourth quarter of 2024 was geothermal energy startup Fervo Energy. PitchBook attributes $634 million in fourth-quarter VC to Fervo, with fulfillment services company Cart.com at $50 million, and chemical manufacturing platform Mstack and superconducting wire manufacturer MetOx International at $40 million each.

Across the country, VC deals total $209 billion in 2024, compared with $162.2 billion in 2023. Nearly half (46 percent) of all VC funding in North America last year went to AI startups, PitchBook says. PitchBook’s lead VC analyst for the U.S., Kyle Stanford, says that AI “continues to be the story of the market.”

PitchBook forecasts a “moderately positive” 2025 for venture capital in the U.S.

“That does not mean that challenges are gone. Flat and down rounds will likely continue at higher paces than the market is accustomed to. More companies will likely shut down or fall out of the venture funding cycle,” says PitchBook. “However, both of those expectations are holdovers from 2021.”

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This story originally appeared on our sister site, InnovationMap.com.

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