Archive for December, 2019

Discovery: UTD Team Studies How Brains Learn Faces, UTSW Examines Regulations’ Effect on Clinical Trials

Posted by Lance Murray

Whats new, next, and reimagined in Dallas-Fort Worth ResearchEvery week, we do a little research of our own. We’re looking for scientists, professors, engineers, entrepreneurs—anybody, really—engaging in research and development across North Texas.

There’s plenty of good work being done. If you want to put R&D under your microscope, sign up for our e-newsletter.

North Texas Cities Among Nation’s Fastest-Growing

Posted by Lance Murray

With new companies of all sizes coming to the region and an influx of new residents, according to a recent report from WalletHub, North Texas is home to some of the fastest-growing cities in the nation.

Toyota Motor North America in Plano and the looming relocation of Charles Schwab to Westlake are just a couple of examples of major companies placing their headquarters in DFW.…

Dallas’ Panda Biotech to Open Industrial Hemp Facility in West Texas

Posted by David Kirkpatrick

Panda Biotech, an industrial hemp fiber and cellulose company founded by Dallas entrepreneur Bob Carter, announced it’s opening one of the largest hemp decortication centers in the world in Shallowater, a town located northwest of Lubbock.

The 255,000 square foot facility, called “Panda High Plains Hemp Gin,” will separate fiber and cellulose from hemp stalks harvested before the seeds and flowers mature, which are the plant parts used in the CBD and marijuana industries.…

Follow the Money: Bass Family Office Backs FoodMaven’s $15.3M Series B for DFW Expansion, Theatro Nets $20M in Series C Funds

Posted by Lance Murray

What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money every Thursday. Sign up for our e-newsletter to stay in the loop.

Have a deal we should know about?…

Dallas Makes Inc.’s Surging Cities List for Second Year in a Row

Posted by David Kirkpatrick

Inc. released its second annual Surge Cities list with Dallas coming in at No. 29 after last year’s ranking of No. 17.

The list is created by Inc.’s partner Startup Genome, which aggregates publicly available data along with insights from the Inc.

Tech Startup Theatro Receives $20M Series C Backing from Sageview Capital

Posted by Lance Murray

Theatro, the Richardson-based developer of the “world’s first” voice-controlled mobile platform connecting hourly workers to enterprise resources, has secured a $20 million Series C investment from Sageview Capital, a growth capital firm that invests in leading tech-enabled businesses. 

“We’re thrilled to have Sageview Capital invest in our vision of creating one united team across the enterprise by enabling the hourly workforce with voice-driven mobile connectivity,” Theatro CEO Chris Todd said in a statement.…

Telecom Central: As 5G Rolls Out, North Texas Telecom Giants Continue to Expand

Posted by Jim Fuquay

As the telecommunications industry’s latest iteration—so-called 5G wireless service—rolls out across the country, North Texas is very much at the forefront of many companies’ efforts.

The term 5G refers to “fifth generation” wireless, the latest and fastest version of the radio network technology underlying today’s cell service.…

How AT&T and Verizon Developments Are Reshaping North Texas

Posted by Jim Fuquay

When AT&T moved its headquarters to downtown Dallas from San Antonio in 2008, everybody knew it meant thousands of new workers in the central business district. But it would have been hard to foresee the company’s plans for its offices a decade later.

Caris Life Sciences Launches AI-Driven Profiling Tool for Tumors

Posted by Lance Murray

Irving-based molecular science startup Caris Life Sciences has launched its AI-driven MI GPS Score, the newest addition to its comprehensive genomic profiling offerings to help guide decision-making in tumor treatments.

The MI GPS (Genomic Profiling Similarity) Score is an AI-driven tumor type biology similarity score, which uses more than 6,500 mathematical models in a machine-learning algorithm to compare molecular characteristics of a patient’s tumor against Caris’ extensive database, according to a statement.…

The Abilities Expo is Coming to Dallas Market Hall

Posted by David Kirkpatrick

The Abilities Expo is coming to Dallas Market Center on December 13-15. The event is focused on people with disabilities, their families, caregivers, seniors, wounded vets, and healthcare professionals and features cutting-edge products and services across a range of disabilities.

The expo is the “#1 event for people with disabilities,” according to a statement.…

Education Finance Solutions Provider Meritize Appoints New COO

Posted by Lance Murray

Financial sector veteran Scott Rhode has been selected as the chief operating officer by Frisco-based Meritize, a provider of merit-based education financing solutions.

In his new role, Rhode plans to concentrate on growing Meritize’s finance and credit operations as it scales its model focused on financing skills-based education.…

SMU is Hosting the ‘First Fintech Boot Camp in Dallas’

Posted by David Kirkpatrick

Southern Methodist University and Trilogy Education, a workforce accelerator, have partnered for the SMU FinTech Boot Camp, a 24-week part-time program with evening and Saturday classes.

The boot camp’s participants will develop a portfolio through applied experience and will receive a Certificate in Financial Technology from SMU Professional and Online, according to a statement.…

DFW Minority Supplier Diversity Council Recognizes $7B in Mega Deals

Posted by David Kirkpatrick

Mega Deals completed with local minority-owned businesses—representing billions of dollars in spend—have been recognized by the Dallas/Fort Worth Minority Supplier Diversity Council (D/FW MSDC).

The recently held D/FW MSDC E Awards Gala commemorated 13 Mega Deals by AT&T, Dallas Area Rapid Transit (DART), and PepsiCo.…

Booster Fuels Adds Vice President to Lead Its Brand Experience and Design Efforts

Posted by Lance Murray

Same-day fuel delivery service Booster Fuels has added a new executive to its team. Jason Anello is joining the startup as its first-ever vice president of brand experience and design.

Booster, which operates in North Texas, California, and Seattle, was co-founded in December 2014 at AllianceTexas in Fort Worth by CEO Frank Mycroft, Diego Netto, and Tyler Raugh.…

Toyota Motor North America CEO Jim Lentz to Retire in April

Posted by Lance Murray

Jim Lentz, who led Toyota Motor North America’s headquarters move from California to Plano, is retiring as chief executive officer, the automaker announced Wednesday.

Chief Operating Officer Tetsuo “Ted” Ogawa will succeed Lentz as CEO, effective April 1. He will report to Didier Leroy, Toyota Motor North American vice chairman and president of business planning and operations for Japan-based Toyota Motor Corp.…

Dallas Invents: 133 Patents Granted for Week of Dec. 3

Posted by Quincy Preston

Dallas Fort Worth: U.S. Patents Granted in the Dallas Fort Worth region.Dallas Invents is a weekly look at U.S. patents granted with a connection to the Dallas-Fort Worth-Arlington metro area. Listings include patents granted to local assignees and/or those with a North Texas inventor. Patent activity can be an indicator of future economic growth, as well as the development of emerging markets and talent attraction. 

‘One Marvelous Night in Vegas’: Dallas’ JSX Teams Up With Amazon for a Maisel-Style Experience

Posted by David Kirkpatrick

JSX, the hop-on jet service company and sister company of JetSuite, collaborated with the Amazon Prime Video series “The Marvelous Mrs. Maisel” by sending 20 superfans to Las Vegas last week for the launch of season three of the hit streaming show.

ParkHub Acquires Connecticut-based Competitor and Plans to Open New Markets

Posted by Lance Murray

Dallas tech company ParkHub has announced its acquisition of Connecticut-based Wireless Carpark in a deal, which will consolidate parking technology services across the companies’ combined client base and open new markets for ParkHub.

While no financial terms of the deal were released, ParkHub founder and CEO George Baker Sr.…

Common Desk Enters its First Market Outside of Texas

Posted by David Kirkpatrick

Common Desk, the Dallas-based coworking company, is continuing its year of rapid expansion with the opening of a location in Raleigh, North Carolina—the company’s first outside of Texas. Earlier this year, it announced entering the Austin and Houston markets, the first two outside of North Texas.

DI People: Tango, Clarus, and Learfield IMG College Make Executive Moves

Posted by Lance Murray

Across North Texas, companies are promoting and hiring people to take on leadership positions within their organizations. Dallas Innovates covers prominent personnel moves in Dallas-Fort Worth businesses and nonprofits—from the newest startups to well-established companies. Here are people moves tied to innovation and technology in the region.