Published Sep 16, 2021 by David Ruiz
Houston Inno recently reported technology firm Fluence Analytics relocated its headquarters from New Orleans to Stafford last month. The company joins Hewlett Packard Enterprise, NRG Energy and other companies who have relocated their headquarters to the Bayou City this year.
Fluence Analytics, which develops industrial and laboratory products for polymer manufacturers, recently closed a financing round of $7.5 million. The funding will assist in improving production of its next-generation Automatic Continuous Online Monitoring of Polymerization Reactions (ACOMP) systems. Houston Inno reported the firm will also increase its headcount.
Fluence Analytics is also partnering with Tokyo-based Yokogawa Electric Corporation, whose North American headquarters are located in Sugar Land. Under the exclusive agreement, Yokogawa will be Fluence Analytics’ exclusive distributor of ACOMP systems in Asia, the Middle East and North Africa. The partnership will also bring proximity advantages for distribution and potential business from Houston’s market. Fluence Analytics CEO Alex Reed said the company works with energy and petrochemical clients, making Houston the ideal place for its headquarters. He also noted Houston’s highly skilled workforce.
“There are very, very good people in the Houston area with a lot of diverse experience — oil and gas, petrochemicals, all the service companies, a lot of the contractors and fab shops that we would work with," Reed said. "Infrastructure is huge, and if you look at Houston, it's got everything you need.”
Founded in 2015, Fluence Analytics will maintain a presence in New Orleans, mainly focused on research and development.
With nearly 244,000 tech workers, Houston has the 11th largest tech workforce in the U.S., more workers than Austin and Denver. Houston’s tech startups raised over $820 million in venture capital last year.
Learn more about relocations to our region and Houston’s digital tech sector. Learn what makes Houston an attractive place for headquarters.
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