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From a monetary standpoint, Houston seems to be a sustainable setting for sustainability-focused startups.
An analysis by PromoLeaf, a retailer of sustainable promotional merchandise, finds that Houston ranks fourth amongst U.S. cities for the common funding raised by regionally based mostly startups within the sustainability sector, in response to Crunchbase knowledge.
Per the report, the Bayou Metropolis attracts $150.7 million in sustainability funding for startups. Forward of Houston are Salt Lake Metropolis with $204.5 million; Santa Monica, California, with $154.3 million; and Fremont, California, with $153.4 million.
PromoLeaf’s evaluation options cities the place at the least 20 corporations are centered on sustainability.
The evaluation signifies Houston has 20.6 sustainability startups per 100,000 residents. Rating first in that regard is Boulder, Colorado (115 per 100,000 residents).
Whereas Houston trails Boulder by an extended distance, it fares effectively among the many Texas cities within the evaluation:
- Austin, 26.2 sustainability startups per 100,000 residents
- Houston, 20.6 sustainability startups per 100,000 residents
- Midland, 18.8 sustainability startups per 100,000 residents
- Plano, 11.9 sustainability startups per 100,000 residents
- Dallas, 11 sustainability startups per 100,000 residents
- Fort Value, 5.3 sustainability startups per 100,000 residents
- San Antonio, 5.2 sustainability startups per 100,000 residents
PromoLeaf says greater than 21,600 sustainability startups function within the U.S. They’re within the renewable power, recycling and air pollution management, environmental engineering, inexperienced shopper items, and environmental consulting industries.
The evaluation reveals Houston has:
- 13.7 renewable power startups per 100,000 residents
- 5.8 recycling and air pollution management startups per 100,000 residents
- 3.5 environmental engineering startups per 100,000 residents
- 2.9 environmental consulting startups per 100,000 residents
- 0.70 inexperienced shopper items startups per 100,000 residents
In accordance with the Larger Houston Partnership, renewable power startups leading Houston’s energy transformation embrace Power Transition Ventures, Fysikes Biosolutions, Ionada, Katz Water Applied sciences, Strain Corp., and Renewell Power.
“A dynamic enterprise local weather mixed with development in enterprise capital funding in Houston has created fertile floor for corporations of all phases aiming to energy our world by means of the worldwide power transition,” the partnership says. “Because the Power Capital of the World, Houston has develop into a hub for startups and enterprise capital corporations investing within the area’s power future.”
Exterior the power sector, Houston startups like Stylish Seconds are also making their mark in sustainability. The corporate runs an online marketplace the place girls can discover preowned clothes or store for brand spanking new clothes from sustainable manufacturers.
“Our final objective is to make accountable consumption tremendous simple,” Maria Burgos, founding father of Stylish Seconds, advised InnovationMap final yr.
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