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Arnold Ventures is a venture capital firm in Texas that focuses on criminal justice, health, education, and public finance. Founded 2009 in Houston, Texas, United States by John Arnold and Laura Arnold, it invests in grants. Its portfolio companies include Rice University, and Center for Open Science. Rice University is a private research university located in Houston, Texas, United States. It is mainly focused on providing undergraduate education. The Center for Open Science (COS) is a non-profit startup building free tools for open scientific practices, including its flagship infrastructure The Open Science Framework (osf.io). As of March 2020, Laura and John Arnold Foundation has made 11 investments. Their most recent investment was on August 30, 2018, when Rice University raised $6.6M.