Archive for June, 2021

Dallas-Based Sentiero Ventures Makes Its First Investment From AI-Focused $10M Fund

Posted by Alex Edwards

Plano venture capital firm Sentiero Ventures has made the first investment from its new AI-focused fund: A $250,000 investment in Data Sentinel, an enterprise-sensitive data management platform with its U.S. headquarters in Texas. It kicks off a series of 10 investments for Sentiero Ventures’ $10 million fund.

North Texas-based Lender Compliance Technologies Closes $4.15M Series A to Mitigate Regulatory Risks

Posted by Bella Pinera

Specializing in compliance solutions for automotive, RV, marine, and powersports lenders, Colleyville-based Lender Compliance Technologies (LCT), has raised $4.15 million in a Series A funding round to further the development of its technology solutions. 

Dedicated to supporting automotive entrepreneurs, businesses, and investors with industry-specific resources in early stages, Automative Ventures played a large role in LCT’s funding.…

After Battling Nike in the Supreme Court, Dallas-based YUMS Relaunches Its Streetwear Brand

Posted by David Seeley

When shoes go to court they usually squeak down a lane toward the net. But Dallas-based YUMS got sidelined when it launched its Sweet Series sneakers—and Nike made a federal case out of it. The complex lawsuit was resolved in 2013 with a unanimous 9-0 Supreme Court decision.

Dallas Invents: 112 Patents Granted for Week of June 8

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. 

C1 Innovation Lab, BCBSTX Team Up With Capital Factory to Spur Innovations in Healthcare

Posted by Alex Edwards

Emerging Texas entrepreneurs are getting a major boost from two leading local organizations—Blue Cross and Blue Shield of Texas (BCBSTX) and Capital Factory—that could spur innovative health and technology solutions serving customers across the state.

Dallas’ C1 Innovation Lab, in partnership with BCBSTX, has entered into a collaboration with Capital Factory to bring the best next-gen services to BCBSTX members, customers, and its community.…

Bedford Biotech Restores “Meaningful Vision” in Blind Patients With Gene Therapy—and May Soon Go Public

Posted by David Seeley

Update 6/23/21: Nanoscope Therapeutics announced today that it has received FDA approval of its Investigational New Drug application for its Phase 2b clinical trial of MCO-010, an ambient-light activatable optogenetic monotherapy to restore vision in patients with advanced retinitis pigmentosa (RP).

Gov. Abbott Signs Teledentistry Bill, Ending Ban and Allowing Virtual Dentistry in Texas

Posted by David Seeley

If you don’t like going to the dentist, don’t worry—now the dentist can virtually come to you. Gov. Greg Abbott signed House Bill 2056 Friday, ending a ban on teledentistry in Texas and allowing it to be performed statewide like other telemedicine practices.

How North Texas Can Become a Top‑Ranked National Technology Innovation Hub

Posted by Bill Sproull

With North Texas’ rapidly developing landscape of innovation ecosystems and the global connectivity we already have in place, we have become one of the nation’s leading technology hubs, joining the ranks of long-established and globally recognized urban innovation centers like Seattle and Raleigh/Durham.

Plano Hospitality Tech Firm Enseo Sells Majority Stake to H.I.G. Capital

Posted by Alex Edwards

Enseo, a Plano-based provider of in-room technology services, has secured a growth investment from H.I.G. Capital to rapidly accelerate its organic and inorganic growth. The investment gives H.I.G. a majority stake in the company.

The hospitality tech company plans to use the capital to continue innovating in the hospitality industry.…

StaffDNA Expands Its Platform To Offer Permanent Job Placements for Healthcare Professionals

Posted by Bella Pinera

Since June 2020, Dallas-based StaffDNA, a fast-growing healthcare staffing online platform, has primarily focused on temporary assignments for nursing and allied professionals. Now it’s releasing an expanded offering—with hundreds of permanent job placements across the U.S.

StaffDNA has worked to revolutionize the staffing industry with its technology.…

North Texas’ Qarbon Aerospace Will Assemble LIFT’s HEXA Flying Cars

Posted by David Seeley

Flying cars are one step closer to everyday reality. Red Oak-based Qarbon Aerospace has been selected by Texas-based LIFT Aircraft to perform the complete system integration and assembly for HEXA, its 18-propeller, one-person eVTOL platform. Designed as a recreational aircraft that anyone can fly for $249 after a one-hour lesson, the HEXA has also won U.S.

Saving Stories: OneDay Revamps its Enhanced Storytelling Platform for the Senior Living Industry

Posted by Bella Pinera

OneDay, best known for its video platform that allows families to help capture and share the stories of loved ones, is releasing OneDay for Senior Living 4.0, a completely revamped iteration of its platform, built on the foundation of their best-in-class product with new features and an updated user experience. 

As Texas Builds a ‘Hempire’ and Cannabis Laws Ease in Baby Steps, Lucky Leaf Expo Returns to Irving July 9-10

Posted by David Seeley

People may not be lighting up legal cannabis in Texas anytime soon. But with hemp farming legalized in Texas in 2019, CBD oil with .3% or less of THC legal here as well, and expanded use of medical cannabis passed in Austin just this month, it’s perfect timing for Lucky Leaf Expo—which will hold its second local hemp/CBD conference July 9-10 at the Irving Convention Center.

Southlake Biotech OncoNano Medicine Raises $50M in Series B to Accelerate Cancer Tech Toward Commercialization

Posted by Alex Edwards

Southlake-based OncoNano Medicine, a spinout of University of Texas Southwestern that develops products to diagnose and treat cancer, has raised around $50 million in Series B financing to continue the momentum of its technology, which the biotech says can diagnose and treat cancer with high specificity.

Say Hola to Ohla! Foods: Meet The Dallas Mompreneur Who Launched a Health-Based Brand During COVID

Posted by Alyssa Mora

With the rising demand for healthy alternatives to household staples and lack of products that satisfy, North Texas entrepreneur, Lauren Schwalb created Ohla! Foods to focus on nutrition without sacrificing flavor.

In January 2020, Lauren Schwalb and her husband and co-founder Stephen chose to kickstart the year with healthy habits.…

Insurtech Firm Integrity Marketing Group Bucks Suburban Trend, Moves to Downtown Dallas

Posted by David Seeley

Integrity Marketing Group has been innovating insurance since 2006, when it was a startup in its CEO’s Highland Village home. Now it’s bucking the suburban office trend—by moving hundreds of employees from Coppell to downtown Dallas. Its six floors in I.M.

Dallas Invents: 136 Patents Granted for Week of June 1

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. 

Goldman Sachs 10,000 Small Businesses Honors 105 North Texas Graduates

Posted by Alex Edwards

Amid a challenging economy, 105 Dallas area small business owners have a reason to celebrate.

This month, a group of locals graduated from Goldman Sachs’ 10,000 Small Businesses, a leading education program that offers support services and critical capital access to growth-oriented entrepreneurs.…

Unleashing Opportunity: Here Are the 105 North Texas Graduates of Goldman Sachs’ 10,000 Small Businesses Program

Posted by Dallas Innovates | Staff Report

A graduation ceremony was held this month at Fort Worth’s Coyote Drive-In-Theater to celebrate the latest batch of graduates from Goldman Sachs’ 10,000 Small Businesses program. The 105 North Texas graduates participated in the Spring 2020, Fall 2020, and Spring 2021 cohorts—while at the same time fighting against COVID-19 to keep their lights on and turn their small business dreams into reality.…

Dallas’ Big Thought Receives $2.5M in Donations from MacKenzie Scott, Dan Jewett, Rainwater Charitable Foundation

Posted by Bella Pinera

Dallas-based Big Thought, which is dedicated to educating and motivating the city’s youth, has received $2.5 million in new donations: $1 million from the Rainwater Charitable Foundation in Fort Worth and $1.5 million from philanthropists MacKenzie Scott and Dan Jewett.

Big Thought is consistently working to motivate Dallas kids to build their creative muscles, create their authentic voice, and develop social and emotional skills. …