Business

 

 

Venture Dallas Brings ‘the Premier Venture Capital Conference in North Texas’ to George W. Bush Presidential Center this November

by | Oct 4, 2022
Venture Dallas 2022—a full-day conference to be held Nov. 3 at the George W. Bush Presidential Center—will connect investors from all over the U.S with the “best founders in our region” with the goal of sparking “collisions” and “meaningful connections," co-founder Aaron Pierce says. He adds that those could potentially lead to fundings—and successful exits. Here's a look at why the North Texas startup and VC scene is hopping, and what Venture Dallas 2022 could mean for you.
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Creative Retail to Cold-Pressed Soap: Denton’s AccelerateHER Aims to Help Eight Local Small Businesses Grow
by | Oct 4, 2022
AccelerateHER—a partnership between the Texas Woman’s University Center for Women Entrepreneurs and Stoke Coworking—has named eight local small businesses to its female founder-focused incubator program. Next up: The program aims to expand beyond Denton to Dallas, Houston, and Abilene. “Members will be walking away with stronger foundations to their businesses, and the tools they need to grow,” says Stoke Executive Director Heather Gregory.
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Dallas Invents: 95 Patents Granted for Week of September 27
by | Oct 3, 2022
• AT&T’s 5G edge cloud network design
• Recaro Aircraft Seating’s life vest device
• Berg’s treating or preventing tumors of the central nervous system
• Chirp Systems’ access control for property management
• Apple’s message mapping via frequency and/or time indexing
• USAA's monitoring of data to predict road conditions
• Omnitracs’ integration of hours of service and navigation
• Atlas Global Technologies’ doppler mode in a wireless network
• STMicroelectronics’ robotic device with time-of-flight proximity sensing system
• Textron Innovations’ autonomous hydrogen refueling
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Dallas Invents: 144 Patents Granted for Week of September 20
by | Oct 3, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. • Frito-Lay’s plant protein snack with meat-like texture
• Treble Innovations’ portable wireless endoscope
• Toyota’s systems and methods for automatically cleaning wheels
• Good Sportsman Marketing’s communication device for hearing protection devices
• Panacea Quantum Leap Technology’s bidirectional sensor circuit
• Badge’s biometric public key system providing revocable credentials
• AMS International AG’s method and device for estimating ambient light
• Heart Test Laboratories’ quantitative heart testing
• Futurewei Technologies’ transaction-based hybrid memory
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Texas Instruments’ Newest Fab Plant in Richardson Kicks Off Wafer Production

by | Oct 3, 2022
The new 300-mm wafer fabrication plant will help support the future growth of semiconductors in electronics. Called RFAB2, the new "fab" is connected to RFAB1, which opened in 2009 as the world’s first 300-mm analog wafer fab. Inside, 15 miles of automated, overhead delivery systems will eventually move wafers between the two fabs. At full production, the Richardson fabs will manufacture more than 100 million analog chips a day that will go into electronics everywhere, TI says.
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The Last Word: Arlington Mayor Jim Ross on How the City Is Creating a Skyline
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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DI People: Southwest Airlines, Hyosung, GlassView, and More Make Leadership Moves
by | Sep 30, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from ECI Software Solutions, CIEN+, Daseke, Richardson Chamber of Commerce, Schneider Electric, INFOLAB, Meritize, and others.
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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 | 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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The Last Word: Tri Global Energy’s John Billingsley on Selling His Company for $270M to Canada’s Enbridge

by | 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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Dallas-Based ~Pourri ‘Flips That Funk’ With New Music Video Brand Campaign
by | Sep 29, 2022
~Pourri founder and CEO Suzy Batiz spent years trying to mash up the idea of "funky smells" with funk music. Then she stumbled on a video by the dance group Ghetto Funk Collective on social media. "One month later we were filming with an incredible crew and the Ghetto Funk Collective in Amsterdam," Batiz told Dallas Innovates. "It was a dream come true." Check out the campaign's first two spots—and see how it all came together.
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Schneider Electric Names Dallas-Based Joshua Dickinson as Its North American SVP and CFO
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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Hyosung America Announces New Chief Executive Officer
by | 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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Opendoor Finance App Now Available in DFW, Rest of Texas

by | 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.

Now, digital platform Opendoor is expanding the Opendoor Finance app to Dallas-Fort Worth, Georgia, Arizona, and the rest of Texas to help people navigate those turbulent real estate waters with more control over the mortgage process....

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The Last Word: John Howard on How SMU’s New Lab Is Working to Reduce Bias in AI
by | Sep 28, 2022
The goal of SMU's Intelligent Systems and Bias Examination Lab (ISaBEL) is to quantify and minimize bias in artificial intelligence systems. It will explore how AI systems—like facial recognition algorithms—perform on a wide range of diverse people. The Lab will investigate ways that bias can be reduced in these systems through cutting-edge research, standards, and other peer-reviewed studies.
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UT Southwestern Is Selected as One of 12 NIH Obesity Research Centers
by | 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.
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Dallas Invents: 142 Patents Granted for Week of September 13
by | 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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