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Month: September 2022
ICYMI 2022: The Q3 Archive
by Dallas Innovates | Staff Report | Sep 30, 2022
You’ve found Dallas Innovates’ archive of news briefs from July - September 2022.
by Dallas Innovates | Staff Report |
Sep 30, 2022
These quotable North Texans inspire, inform, motivate, or simply make us laugh.
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by Kevin Cummings |
Sep 30, 2022
Eden Green Technology's newest vertical greenhouses in Cleburne will be able to grow 1.8 million pounds of produce annually in just 62,500 square feet of growing space, the company says. The facilities use Eden Green's proprietary microclimate environments, lighting solutions, and hydroponic vine systems.
A second phase of the ag-tech startup's planned $47 million expansion is now under construction. That's expected to triple total production to more than 5 million pounds of produce annually.
A second phase of the ag-tech startup's planned $47 million expansion is now under construction. That's expected to triple total production to more than 5 million pounds of produce annually.
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by Dallas Innovates | Staff Report |
Sep 30, 2022
Ross was elected mayor of Arlington in June 2021, and one of his goals for the city is to have something Dallas and Fort Worth are both known for: a signature skyline.
He's a business owner (of the Mercury Chophouse on the city's Lamar Boulevard) and the principal attorney of the Jim Ross Law Group since 2008. But after reading Spencer Brewer's story about him in the Dallas Business Journal, you might add another job to his list: Skyline booster.
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Book.io Co-founders Joshua Stone (left) Ben Illian [Photo: Book.io]
Follow the Money: Book.io Aims to Put E-Books on the Blockchain with New Funding, Tech Startup Kalpa Aims to Raise $1M, and More
by Kevin Cummings | Sep 30, 2022
In this week’s North Texas deal flow, you’ll also find news about crowdfunding platform Harvest Return landing $2.5M; Supply’s acquisition by Foundry Brands; Moss Adams acquiring local CPA firm Kurtz & Company P.C.; Tri Global Energy being acquired for $270M by Canada's Enbridge; and more.
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by Kevin Cummings |
Sep 29, 2022
A leader in the local private equity and sports business space, Thomas O. Hicks will be inducted at a ceremony put on by the Texas Business Hall of Fame Foundation in early November, joining others from Houston and Austin. The former owner of the Dallas Stars and Texas Rangers, Hicks currently serves as the founder, chairman, and partner of local family office Hicks Holdings and as a senior partner and director at Dallas' The Beneficient Company Group.
Hicks will join other local business legends like Mark Cuban and Ross Perot, Jr. in the Texas Business Hall of Fame, which has been inducting new members since 1983.
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by David Seeley |
Sep 29, 2022
Tri Global Energy, Texas' leading developer of wind energy products, has been sold for $270 million to Enbridge, the largest energy company in Canada, the Dallas Morning News reported today.
Since Billingsley founded the company in 2009, Tri Global has helped Texas become the nation's leader in wind energy capacity by developing and monetizing over 6 GW of utility scale renewable projects, the companies said. Tri Global is now among America's top utility-scale renewable energy developers.
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by Kevin Cummings |
Sep 29, 2022
Husband-and-wife co-founders Patrick and Jennifer Coddou launched their men's grooming startup Supply out of their spare bedroom, stored products in their garage, and shipped from their laundry room. After raising $256K on Kickstarter and getting a $300K investment on ABC's "Shark Tank," they expanded their business. Now, with the acquisition by Foundry Brands, Patrick is living what he calls the most attainable American Dream:
"Have an idea, work your tail off for years, scale it to millions, sell it for millions," he wrote on Twitter.
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Joshua Dickinson has been appointed SVP and CFO for Schneider Electric's North America region. [Photo: Schneider Electric]
Schneider Electric Names Dallas-Based Joshua Dickinson as Its North American SVP and CFO
by Quincy Preston and David Seeley | Sep 29, 2022
Schneider Electric—a France-based global leader in the digital transformation of energy management and automation—brands itself with the message "Life Is On." Now it's tasking Dickinson with responsibility for all its financial operations in the $8 billion North American region—from driving microgrid innovations to helping Schneider achieve a "real energy transition."
"The company is doubling down on its commitment to building a more sustainable and electrified future," Dickinson told Dallas Innovates.
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by Lance Murray |
Sep 28, 2022
Irving-based Hyosung America Inc. announced that Sang Hwan Kweon has been appointed chief executive officer of the North American leader in cash management solutions.
Kweon, an experienced business leader, succeeds Hee-Eun Ahn, who recently announced his retirement, effective Oct. 1. Most recently, Kweown was chief operating officer.
“We have seen tremendous growth over the past four years....
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by Lance Murray |
Sep 28, 2022
Ivan Sanchez will oversee the firm's global growth roadmap amid "its path of triple-digit growth." The industry veteran, who has been honored with a string of Effies, Cannes Lions, and other global awards, will leverage CIEN+'s proprietary capabilities in A.I. powered-insights and its inclusive creative services.
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by Lance Murray |
Sep 28, 2022
Homebuyers nationwide have been experiencing turbulence in the housing market from rising mortgage rates to fluctuating home prices. Even the act of applying for a mortgage is an undertaking these days....
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A 2022 Firehawk rocket engine test. [Photo: Firehawk Aerospace]
With Fresh Funding, Firehawk Aerospace Is Developing Rocket Engines and 3D-Printed Fuel As It Plans Move to New HQ in Addison
by Kevin Cummings | Sep 28, 2022
Firehawk Aerospace is developing hybrid rocket engines and 3D-printed solid rocket fuel to provide a safer, more cost-effective approach to launching payloads as it nears the close of a $17 million fundraising effort.
Co-founder and CEO Will Edwards has said his company's rocket engine "will power the next generation missile and defense systems and plans to support both launch and other systems requiring in-space propulsion."
Co-founder and CEO Will Edwards has said his company's rocket engine "will power the next generation missile and defense systems and plans to support both launch and other systems requiring in-space propulsion."
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by Lance Murray |
Sep 28, 2022
Over 150 scientists across dozens of departments will be part of the elite National Institutes of Health-funded, university-wide interdisciplinary research center. Dallas' UT Southwestern Medical Center is the only institution in Texas to be selected for the NIH initiative.
UTSW wants to translate scientific discoveries into new therapeutic strategies for the prevention and treatment of obesity, which it describes as a chronic disease affecting more than 40% of the U.S. population, with medical costs nearing $175 billion.
UTSW wants to translate scientific discoveries into new therapeutic strategies for the prevention and treatment of obesity, which it describes as a chronic disease affecting more than 40% of the U.S. population, with medical costs nearing $175 billion.
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by Quincy Preston |
Sep 28, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: DoorDash’s automatic floor-level retail operation decisions using video analytics, Toyota’s automated pest warning and eradication system, Textron’s aircraft weapon system, Paradigm Shift Technologies’ food ordering via embedded links in video game advertising, O’Reilly Winship’s rechargeable USB electrical outlet with integrated lighting, BMIC’s self-adhered roofing systems and methods, iPMachine’s system for mixed reality experiences, Samsung’s methods for gesture recognition and control, Sleep Technologies’ adjustable sleeping system with massage function, SRFC Bio’s analysis of antimicrobial coatings using X-ray fluorescence, and an unassigned mobile legal counsel system and method.
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by Dallas Innovates | Staff Report |
Sep 27, 2022
Today Bloomberg reported that LTK is now allowing users to buy from influencer-curated virtual storefronts on LTK's app. Box's company has added in-app checkout to leverage the fact that influencers use the platform to make their videos and photos "shoppable."
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