BBL Ventures (BBLV), venture capital fund designed to address the unique needs of early-stage startups in the energy industry, is excited to announce the launch of its BBL Labs, an energy technology accelerator program that will be housed at Station Houston, a technology innovation hub. Houston has a need for a focused program where energy entrepreneurs can work on complex industry problems while receiving the business planning and mentorship support to build sustainable enterprises.
BBLV will partner with Station Houston to provide unique industry pain-point mapping capabilities, investment, and innovation advisory services to help drive adoption and scale startups inside large energy enterprises. “BBLV looks forward to engaging in this partnership to drive entrepreneurial innovation focused on identified challenges and technology gaps in the global energy and natural resources industry”, said Patrick Lewis, Managing Partner at BBL Ventures.
Station Houston will support BBL Labs with world-class venture studio programming, lab space, and industry mentors. The launch of the BBL Labs will be the genesis of more B2B/enterprise-focused accelerators to follow that will contribute to transforming Houston into a thriving, connected high-tech ecosystem. Gaby Rowe, CEO of Station Houston, shared her enthusiasm for the accelerator, “Station Houston exists to support startups and with BBL Labs now inside our four walls, we can offer the Houston startup community access to even more resources and support. At the same time, our 130 mentors are ready to roll up their sleeves and help these businesses get off the ground and start making an impact.”
Houston Exponential’s (HX) Thematic Committee has also been an instrumental partner in bringing industry-focused accelerators to the city and exploring different opportunities with high-tech and high-tech startups and innovators. Jon Nordby, Head of Strategy at HX said, “The creation of an energy tech program like BBL Labs not only fills a much needed gap in our ecosystem but is also a huge step toward our vision of building support systems for entrepreneurs that are leveraging the unique resources of the Houston region to solve real global problems. We look forward to helping drive ecosystem support.”
BBL Labs and Station Houston will host a launch event on February 13th, 2019. BBLV will share details on its energy technology accelerator program and feature the Lab’s first initiative – autonomous drone technology. The tech has multiple use cases within the energy market, as well as beyond, and will dramatically change the efficiency and economics of the entire industry.
At the event, BBLV’s energy clients will be in attendance, along with innovation leaders from ExxonMobil and Shell.
BBL Ventures is a venture capital fund designed to address the unique needs of early-stage startups in the energy industry. They provide support and deep industry expertise across the product development, strategy, business model, and financing stages. BBL Venture’s new energy accelerator, BBL Labs, will enable the growth of strong startups that will be key solution providers to some of the energy sector’s hardest problems — and a great addition to growing Houston’s startup ecosystem.
Station Houston’s vision is to transform Houston into a world-leading hub for technology innovation and entrepreneurship. This vision unfolds as a vibrant community where people live, work and play, with Station serving as the connective tissue fostering our culture of innovation. Station launched in March 2016 and now serves over 200 startups, 400 members, 130 mentors, and dozens of high-impact strategic partnerships with corporations and service providers that represent the key industries serving the Houston economy.