Launched in 2014, RigUp is already a unicorn — perhaps the biggest in Austin, with an estimated valuation of $1.8 billion. It has attracted the support of big names like Andreessen Horowitz, which propped up Facebook, Skype, Airbnb and Twitter. Allen Gilmer, a seasoned energy-tech executive in Austin, called RigUp the “best use of the gig economy in a vertical, in my mind.” So what’s their secret? Here, co-founder and CEO Xuan Yong lays out his vision for growing the company after collecting more money from investors in 2019 than any other Austin startup.
Columbia Gas unveils renewable natural gas fleet vehicle
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.