Business

 

 

Dallas-Founded Biopharma Firm Raises $120M to Expand its Pipeline

by | Jun 29, 2022
ReCode Therapeutics, a biopharmaceutical startup using a non-viral lipid nanoparticle delivery platform for gene therapies, has closed a $120 million extension to a funding round it raised last year to help bring its lead programs to human trials and “follow the science” to target new diseases. With a research team working out of BioLabs' life sciences facility at Pegasus Park, ReCode aims to grow its global team from about 70 to 100 over the next year.
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The Last Word: SEDC’s Kent Sharp on Winning the Battle for a $5B Sherman Silicon Wafer Plant
by | Jun 29, 2022

“It was a dog fight.

Kent Sharp
President
Sherman Economic Development Corporation
.…on battling with rivals in South Korea and Ohio to bring GlobiTech’s $5 billion new silicon wafer plant to Sherman, via the Dallas Business Journal....

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Watch: How to Align Your Company with ESG Ratings
by | Jun 29, 2022
Danielle Barrs, Director of ESG and Sustainability Solutions at EisnerAmper, shares insights into the process of applying ESG frameworks and creating a company aligned with ESG ratings.
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Dallas Invents: 133 Patents Granted for Week of May 31
by | Jun 29, 2022
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Amazon's automated sweepers for item sortation systems, Apple's presence discovery techniques, AT&T's consolidating content streams to conserve bandwidth, Cisco's dynamic policy-based on-boarding of devices in enterprise environments, and more.
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Longstanding Dallas Esports Franchise Takes on a New Name

by | Jun 28, 2022
Envy Gaming, a well-known name in the esports space, is retiring its branding but the competitive action will continue on.
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The Last Word: T.D. Jakes on His Foundation’s STEAM Academy Program
by | Jun 28, 2022
The T.D. Jakes Foundation, Dallas Mavericks, and Goldman Sachs announced the winners of its free, two-week immersive 'Hackathon' for kids aged 14 to 18. Six local high school students won for developing an app for people suffering from mental illness to get the help they need.

The chairman of T.D. Jakes Foundation has today's "Last Word" on Dallas Innovates.
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Visionaries Convene in North Texas to Discuss Supply Chain Innovation
Forward Fort Worth, hosted by Hillwood, brought together both public and private sectors to discuss trends and build partnerships in the mobility industry.
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Sherman Picked for New $5B Silicon Wafer Plant, Bringing 1,500 New Jobs to North Texas
by | Jun 27, 2022
Beating out potential sites in Ohio and South Korea, the city of Sherman was selected today by GlobiTech for a new $5 billion, 3.2 million-square-foot silicon wafer facility. The plant could eventually produce more than 1 million silicon wafers monthly when production begins by 2025. It's Sherman's second big manufacturing win in a month. Just weeks ago, Texas Instruments broke ground in the city on new semiconductor wafer fabrication plants with a potential $30 billion investment.
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Hoque Global Plans 270-Acre Development That Could ‘Rewrite Perceptions’ of Southern Dallas

by | Jun 27, 2022
The Dallas City Council recently approved up to $31.4 million in tax increment financing for the first phase of the Dallas-based developer's planned mixed-use development near the UNT Dallas campus.

University Hills could ultimately include 1,500 multi-family units, hundreds of single-family homes, 1.5 million square feet of commercial properties, and more than 50 acres of green space.
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DI People: McKesson, CBRE, Axxess, RumbleOn, and More Make Leadership Moves
by | Jun 24, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Gaedeke Group, Simpli.fi, Signify Health, Dallas Market Center, DartPoints, Mass Luminosity, and others.
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Green Light for $30B Bullet Train? Texas Supreme Court Gives Texas Central Land-Seizing Authority
by | Jun 24, 2022
The Texas Supreme Court ruled today that Texas Central "has eminent domain authority" to survey and seize land needed for its proposed $30 billion bullet train line between Dallas and Houston.

The news comes just two weeks after Texas Central CEO Carlos Aguilar resigned from the high-profile project.
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Follow the Money: Sherman Lands $5B Silicon Wafer Plant; Dallas Investment Firm Raising $35M Fund, Robotics Startup Raises $14.6M from Local VCs, and More
by | Jun 24, 2022
Plus, Primoris Services acquires PLH Group for $470M; Keurig Dr Pepper acquires rights to non-alcoholic cocktail brand; Harvest Returns raises $4M for new fund; and more North Texas deals.
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McKesson Forms Joint Venture with HCA Healthcare to Fight Cancer

by | Jun 23, 2022
Two giants in their industry are teaming up to accelerate cancer research. The new joint venture is an "important step forward" to increase access to clinical trials, says McKesson CEO Brian Tyler, McKesson CEO. Separate from the joint venture deal, McKesson will acquire Genospace, a personalized precision medicine platform that’s part of HCA’s research institute.
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Dallas Invents: 135 Patents Granted for Week of May 24
by | Jun 22, 2022
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros. Patents granted include: 7-Eleven's integrated vehicle vending machine, Amtech Systems' vehicle tracking system using transponders, AT&T's detecting and preventing storage of unsolicited sensitive personal information, and more.
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‘Full-Strength Fort Worth’ Aims to Create Equitable Economic Vitality in Underserved Communities
by | Jun 21, 2022
The city of Fort Worth has launched a new framework—Full-Strength Fort Worth—to bring economic vitality to every corner of the city. The comprehensive revitalization strategy "prioritizes equity and preservation, celebrates diversity, and creates exciting communities where everyone can thrive," the city says.

Read more about the "new vision" for the Panther City, and see a map of key revitalization target areas—from Stop Six to Historic Handley to River East.
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Marine Vet Creates Evacuation Tech To Light Up ‘Pathways To Safety’ in an Emergency
by | Jun 21, 2022
Go-To-Green's patented audio-visual system can detect both the sound of a fired gunshot and the pressure change made by a bullet in the air. The system lights up to direct people to the safest exit—and tracks the source of shots.

In North Texas, the system is currently being installed in Anna's city hall, and talks are underway with three school systems and a grocery chain, the startup's CEO told us.
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