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Business
In 2022, Walmart ordered 4,500 Canoo electric delivery vans. Canoo filed for Chapter 7 bankruptcy in January. [Photo: Walmart]
The Last Word: Canoo CEO Tony Aquila on the EV Maker’s Electric Delivery Vehicles Coming to DFW Walmart Locations
by David Seeley | Jul 15, 2022
Walmart has ordered 4,500 all-electric Lifestyle Delivery Vehicles from Canoo, with the first pre-production test models to roll in Dallas-Fort Worth “in the coming weeks.” Aquila, the former CEO of Westlake's Solera Holdings, says Walmart has the assets to really leverage Canoo's EVs.
by Lance Murray |
Jul 15, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Exela Technologies, Newmark, OrangeGrid, RailPros, Aimbridge Hospitality, Integrity Marketing Group, Smoothie King, Bank of Texas, MD7, Salvation Army, and more.
Plus, you'll find board appointments including Texas Mutual Insurance, Zimperium, and the Ebby Halliday Foundation.
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by Dallas Innovates | Staff Report |
Jul 15, 2022
The workplace culture and brand reputation platform released its 2022 Comparably Leadership Awards. See the North Texas companies and execs that ranked for Best Leadership Teams, Best Companies for Career Growth, Best CEOs for Women Awards, and Best CEOs for Diversity Awards.
You'll find companies of all sizes—from Invitation Homes to Baylor Scott & White Health to Slingshot Technology—and 11 local CEOs among the winners.
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by Kevin Cummings |
Jul 15, 2022
Plus, Dallas real estate startup Nada raises $5.7M, Arlington's Wonder Works Studios raises $5.53M, Exela Technologies in talks to sell off $200M-revenue business unit, PE firm Crossplane Capital closes $325M second fund, and more North Texas deals.
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[Photo: JIRAROJ PRADITCHAROENKUL/istockphoto]
North Texas lands in the Top 10 of CBRE’s Annual Scoring Tech Talent Report
by Kevin Cummings | Jul 14, 2022
According to Dallas-based CBRE’s most recent annual Scoring Tech Talent report, Dallas-Fort Worth now stands in the No. 9 spot, jumping up four places from last year’s report—one of the biggest gains seen by any metro area. The region also ranks No. 5 for women in the tech workforce.
Over the past five years, DFW’s talent pool has grown by nearly 15%, with close to 188,000 residents employed in the industry.
Over the past five years, DFW’s talent pool has grown by nearly 15%, with close to 188,000 residents employed in the industry.
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by Dallas Innovates | Staff Report |
Jul 14, 2022
The Plano-based hotel management company has created six operational divisions to give properties the benefits of working with a global leader while taking advantage of the agility and expertise of smaller, vertically-focused operations.
To help Aimbridge pursue global growth, the company has hired industry veteran Allison Reid to the newly created role of chief global growth officer.
To help Aimbridge pursue global growth, the company has hired industry veteran Allison Reid to the newly created role of chief global growth officer.
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by Dallas Innovates | Staff Report |
Jul 14, 2022
MD7—which calls itself "the only dedicated global digital infrastructure consultancy"—says the advent of electric vehicles and global 5G networks "will revolutionize how we live." As the company manages the underlying network infrastructure of both, its new VP promotions are aimed at facilitating growth.
The company relocated its HQ from San Diego to Allen's Watters Creek campus last year.
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by Kevin Cummings |
Jul 13, 2022
OrderMyGear—an e-commerce company focused on selling custom-branded goods to groups like sports teams—has named Leonid Rozkin as its sole CEO, with previous CEO Dave Dutch staying on as executive chairman.
OMG also announced taking on a new debt facility from CIBC Innovation Banking to help it “enhance growth." The company made the Inc. 5000 list from 2016 through 2021, when it reported a 64% three-year growth rate.
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[Source image: Black Salmon/Shutterstock]
Inaugural EmpowHERment Pitch Competition Applications for Female-Led, Texas-Based Companies
by Dallas Innovates | Staff Report | Jul 13, 2022
Three finalists will be picked to pitch during Global Entrepreneurship Week in November.
The EmpowHERment Pitch Competition is hosted by Fort Worth biotech EOSERA, along with partners Simmons Bank, Satori Capital, Fort Worth Report, Tech Fort Worth, and UNT Health Science Center.
The EmpowHERment Pitch Competition is hosted by Fort Worth biotech EOSERA, along with partners Simmons Bank, Satori Capital, Fort Worth Report, Tech Fort Worth, and UNT Health Science Center.
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by Quincy Preston |
Jul 13, 2022
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.
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by Quincy Preston |
Jul 13, 2022
Dallas-Fort Worth ranked No. 12 for patent activity out of 250 metros.
Patents granted include:
• Knomadix's dynamic number board game for adaptive learning
• Pro Star Energy Solutions' energy-reducing retrofit apparatus for a constant volume HVAC system
• Texas Scientific Products' analytical nebulizer
• 7-Eleven's network-enabled fuel dispensing system
• AT&T's aggregation of application and systems for services for 6G or other next-generation network
• Easybaby Products' safety gate
• Honeywell International's worker monitoring system
• Red River Tea Company's still beverage brewing method
• Toyota's adaptive headlights
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by David Seeley |
Jul 12, 2022
Tatum told D CEO he got the idea for his modular construction firm after he stopped playing pro basketball in Latin America and started investing in residential construction.
“I became frustrated with the change orders, inspection process, and delayed times. I distinctly remember telling myself, ‘There has to be another way.’" Tatum told D CEO. Today his company can build a home in eight to 16 weeks, and do it more sustainably, he says, with a forecast of over $50 million in revenue this year.
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Arun Agarwal, CEO of Dallas home textile company Nextt, and Katie Farmer, president and CEO of BNSF.
Gov. Abbott Taps Two Local Leaders to Help Bring New Businesses, Jobs to Texas
by Dallas Innovates | Staff Report | Jul 11, 2022
Arun Agarwal, CEO of Dallas home textile company Nextt, and Katie Farmer, president and CEO of Fort Worth-based railway giant BNSF, have been named to the Texas Economic Development Corporation’s board of directors. Along with seven other Texas execs tapped by Governor Abbott, they will market Texas across the U.S. and abroad as a place to relocate a business and create new jobs.
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by David Seeley |
Jul 11, 2022
“The best CPR is no CPR.”
Tia Raymond, MD
Pediatric Cardiac Intensivist
Medical City Children’s Hospital
.…on reducing cardiac arrests in pediatric cardiac ICUs.
A recent study featuring research at Dallas’ Medical City Children’s Hospital is helping to improve and save the lives of children in cardiac intensive care units, according to the hospital....
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by Dallas Innovates | Staff Report |
Jul 11, 2022
Many people have begun to work remotely while they travel—whether they're discovering America or exploring the world.
Icelandair calls that a “wellness workcation,” and it's released a list of the best destinations in the U.S. to take one. It placed Dallas at No. 7 on the list—making it the only Texas city to appear in the Top 10.
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by Dallas Innovates | Staff Report |
Jul 11, 2022
Want to map your innovation-to-market commercialization path or apply for federal money through the $4 billion America's Seed Fund program? Or maybe you're an entrepreneur seeking to validate your customer's needs. The Texas SBDC Technology Commercialization Center wants to help.
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