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Business
Photo: TOCA Soccer
TOCA Football Partners With Major League Soccer To Develop Athletes in DFW and Across U.S.
by David Seeley | Oct 20, 2022
TOCA has 28 tech-powered soccer training centers across the U.S., including several in the Dallas-Fort Worth area. The 10-year MLS partnership will kick off in 2023, aiming "to inspire and improve the next generation of soccer players in North America." As part of the deal, MLS will become a TOCA shareholder.
TOCA views North Texas as a key hub for the company. Athletes across DFW train with TOCA's proprietary tech—from data-capture and analytics to the TOCA Touch Trainer. And TOCA Social, a 56,000-SF entertainment and dining venue, is on its way to the Dallas Design District.
by Dallas Innovates | Staff Report |
Oct 19, 2022
Caballero—a three-time Guinness Book of World Records holder for most current annual home sale transactions through MLS by an individual sell-side real estate agent—should know a thing or two about interest rates. And he says the recent spikes have got Texas home builders "scrambling."
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by Kevin Cummings |
Oct 19, 2022
“More intense innovative activity leads to higher rates of economic progress," researchers for an international conference noted last year. That's certainly true of Dallas-Fort Worth, which had the No. 5 fastest-growing economy of any U.S. metro this year, according to the American Growth Project. DFW and the other top four metros on the list share a key distinction: They're all hubs for tech and innovation.
The report says DFW's attractiveness helps bolster its existing “diversity and strength across industries,” while noting that health care is a “major driver of economic growth” in the region.
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by David Seeley |
Oct 19, 2022
Adam Jackson, Stream's new Chief Investment Officer, joined the company in 2008 and launched the firm’s investment management platform in 2015, leading its growth to its current billion-dollar-plus equity position.
Locally, Stream is developing The QUAD, a 490K-SF mixed-use development in Uptown Dallas, and is one of two master developers on an 18-acre, $472 million transit-oriented project at Addison Circle.
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Hector "HECZ" Rodriguez
OpTic Gaming Makes Executive Leadership Changes
by Dallas Innovates | Staff Report | Oct 18, 2022
The founder of OpTic Gaming is stepping back into the CEO role at the entertainment, media, and esports company.
Hector Rodriguez founded OpTic in 2006, which has become one of the most winning esports organizations in the world. Adam Rymer, who joined its then-named parent company Envy Gaming in the summer of 2020, is stepping down as CEO....
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by Kevin Cummings |
Oct 18, 2022
New features to the donor engagement platform GivingDNA allow nonprofits to predict which potential new donors to approach—while unlocking access to a “new generation” of donors using cryptocurrency.
“Crypto cannot be ignored anymore, and we want to make it easier for marketers to target and serve those with this asset,” says Rebecca Gregory Segovia, GM of GivingDNA.
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by Quincy Preston and David Seeley |
Oct 18, 2022
Bringing 36 years of experience from his Best Buy days, Brad Anderson isn't just joining Spacee's advisory board. He's also investing in the startup—which aims to transform retail businesses with its HoverTouch interactive experiences, while helping industries track inventories with its Deming shelf-mounted robots.
"I was attracted to the company’s learners and adapters," Anderson tells Dallas Innovates. "They're a team of people that when you have a problem, they are unencumbered in their ability to innovate to solve the problem."
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by David Seeley |
Oct 18, 2022
“Achieving triple-digit growth isn’t easy. It takes vision and execution, boldness and grit," Baker writes in an article in Forbes. "You can’t talk your way into that kind of growth. You have to put the work in, stay united in adversity, lick the occasional wounds of failure, and keep taking risks to find those successes that lie at the intersection of technologies and trends in the marketplace."
What makes growth even harder is when "seasons of change" hit businesses and founders alike, he adds, offering some insights into how he and Parkhub have dealt with them.
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Lucid Hearing over-the-counter hearing aids. [Photo: Lucid Hearing]
Fort Worth’s Lucid Hearing Launches Over-The-Counter Hearing Aids as New FDA Rule Kicks In
by Dallas Innovates | Staff Report | Oct 17, 2022
Today is the first day that over-the-counter hearing aids can be sold without a prescription. It’s a moment that Fort Worth-based Lucid Hearing has been eyeing for years.
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by Lance Murray |
Oct 17, 2022
A recent survey by CoworkingCafe, a nationwide coworking space search website, shows just how important coworking is in North Texas. In Dallas alone, remote workers nearly quadrupled from 2019 to 2021, and many of them have found spots among the city's 98 coworking spaces. That's helped Dallas-Fort rank No. 5 in the U.S. among cities with the most coworking locations.
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by Kevin Cummings |
Oct 17, 2022
In this week’s North Texas deal flow, you’ll also find news about Mavenir’s $155M raise, Pinnacle Realty Advisors raising $5M for ‘brokerage-as-a-service’ platform, Exela Technologies taking its European business unit public, American Airlines’ hydrogen fuel distribution investment, and more.
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by Lance Murray |
Oct 14, 2022
Resource Royalty Names New Chief Executive Officer
Resource Royalty LLC, a Dallas-based oil and gas company, promoted Beth Good from CFO to CEO. The promotion follows the announcement that Bob Howard would be stepping down to assume the role of chairman....
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[Illustration: bubaone_iStockphoto]
Report: Dallas, Plano Among Top U.S. Cities for Foreign Business Investment
by David Seeley | Oct 14, 2022
In the inaugural 'Investing in America' report from the Financial Times and Nikkei, Dallas ranks No. 6 overall, and Plano ranks No. 13. Irving shines strongly in the report, too, ranking highly on several key data points. And looking only at workforce and talent, Plano comes in at No. 1 in the entire country.
The report is timely: Just two weeks ago, EDC leaders from across North Texas were part of a TxEDC trade mission to London, Paris, and Frankfurt, Germany.
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by Kevin Cummings |
Oct 13, 2022
Launched last year with $100 million in debt-free equity capital, Dallas-based Foundry Brands is an acquisition platform that aims to amass a portfolio of 30 to 50 direct-to-consumer e-commerce brands. It's already acquired eight—most recently the Fort Worth-based men’s grooming product company, Supply. Co-founder Matt Rhodes told Dallas Innovates that Foundry seeks brands who've developed "micro-tribes."
“Ultimately, we're looking to be a multibillion-dollar business," Rhodes told us.
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by David Seeley |
Oct 13, 2022
UT Dallas says that black-hat modifications to integrated circuits—known as "hardware trojans"—can disrupt wireless networks and leak sensitive data. And as wireless phones and other devices evolve, the threat is only expected to grow.
But two UT Dallas engineers are on the case—and they've got a three-year, $1 million National Science Foundation grant to help solve it.
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by Lance Murray |
Oct 13, 2022
Dallas-based Apex Fintech Solutions has tapped Jon Patullo to lead the technology product strategy for Apex Advisor Solutions, its advisory channel.
The industry veteran was most recently managing director of digital trading and wealth management for Southlake-based Charles Schwab Corp. and managing director of technology platform management at TD Ameritrade Holding Corp.
The industry veteran was most recently managing director of digital trading and wealth management for Southlake-based Charles Schwab Corp. and managing director of technology platform management at TD Ameritrade Holding Corp.
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