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Business
Almaden Genomics Chief Scientific Officer Mark Kunitomi (left) and Almaden's Executive Chairperson Tricia D’Cruz [Photos: Almaden Genomics]
Catalyze Dallas Launches New Portfolio Company to ‘Democratize and Accelerate Bioinformatics’
by Kevin Cummings | Oct 25, 2022
The Dallas-based venture development firm—which specializes in the commercialization of technology it acquires from Fortune 100 companies—has launched Almaden Genomics, a company with a newly released platform designed to streamline genomic workflows. Formerly part of IBM Research before its acquisition by Catalyze Dallas, Almaden calls its g.nome platform "a revolutionary approach to bioinformatics."
“The possibilities for the healthcare innovation it can power are as vast as they are life-changing," says Mark Kunitomi, Almaden's chief scientific officer.
by David Seeley |
Oct 25, 2022
McKinney's Wistron GreenTech has partnered with New Jersey-based Princeton NuEnergy on a lithium-Ion battery direct recycling pilot production line, which officially opened in McKinney today. PNE founder Dr. Yan Chao calls it a "powerful next step" in a vision for covering a nationwide close-loop recycling supply chain for the batteries.
The line will use PNE's patented process to recycle everything from phone batteries to full EV battery packs.
The line will use PNE's patented process to recycle everything from phone batteries to full EV battery packs.
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by David Seeley |
Oct 25, 2022
Centurion plans to build "larger residential lots" on the ranch where J.R., Sue Ellen, and Bobby of the hit TV series "Dallas" once roamed. But it will preserve the show's landmark mansion, the company said.
“Southfork Ranch is one of the most important and beloved parcels of land in the metroplex with more than 400,000 visitors each year, and we’re proud to lead the team bringing it into its next evolution," said Centurion CEO Mehrdad Moayedi.
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by David Seeley |
Oct 25, 2022
Pressman, the former CEO of institutional financial services at TIAA, was appointed global CEO of the Urban Land Institute only two weeks ago. But he's up and running at the ULI's Fall 2022 Meeting in Downtown Dallas this week, a four-day conference that began Monday at the Kay Bailey Hutchison Convention Center.
The ULI is the world's oldest and largest network of cross-disciplinary real estate and land use experts, and is welcoming over 5,000 attendees to this week's conference, which is packed with daily sessions and speakers—and as Pressman told the Dallas Business Journal, dozens of tours of all things CRE in Dallas.
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Southern Gateway Park's Phase One (right side above, including the hilltop-covered restaurant/retail complex at center) and Phase Two (upper left above). [Image: HKS]
The Last Word: Dallas Mayor Eric Johnson on the Southern Gateway Deck Park in Oak Cliff
by David Seeley | Oct 24, 2022
Southern Gateway Park, a planned $172 million, five-acre deck park over I-35 by the Dallas Zoo—just reached a big milestone. TxDOT has completed the foundation deck for Phase 1 of the deck park (seen in the right half of the image above). The park will literally and figuratively reconnect the Oak Cliff neighborhood that was divided by I-35 in the 1950s.
The park promises to be an engineering marvel with five acres of wooded slopes, water features, rocky escarpments, a restaurant/retail complex hidden under a hilltop, and one of the most awesome kids' playgrounds in North Texas. But its greatest achievement may be to make Oak Cliff whole again—and to bring all of Dallas together.
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by Kevin Cummings |
Oct 24, 2022
Pond Robinson specializes in construction and architectural consulting from its offices in Dallas, Houston, Atlanta, and Tampa. With the investment, it becomes the fourth company in Dallas-based Coltala's portfolio, joining MyFitnessStore.com, Choice Health at Home, and home services and repair firm Trüdela Partners.
While terms weren't disclosed, Coltala says it focuses on majority-control investments with transaction sizes between $30 million and $100 million.
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by Dallas Innovates | Staff Report |
Oct 24, 2022
Bonding tech is booming in hair care, Sally Beauty notes, but the category is often "premium priced." Sally wants to bridge that gap in care for damaged hair. Its four-step bondbar system leverages technology that impacts the chemical bonds within human hair.
"It was crucial for us to deliver a product that truly delivers on its promise to strengthen and repair damaged hair at an accessible price point" says Steve Chattin, VP of global product development at Sally Beauty.
"It was crucial for us to deliver a product that truly delivers on its promise to strengthen and repair damaged hair at an accessible price point" says Steve Chattin, VP of global product development at Sally Beauty.
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by Kevin Cummings |
Oct 24, 2022
In this week’s North Texas deal flow, you’ll also find news about Sinclair Digital Services’ $5 million fundraising effort; Energy Spectrum Capital helping to launch a new energy firm; Darling Ingredients’ $1.2 billion acquisition; the Dallas Cowboys’ official accounting firm merging with BKM Sowan Horan; and more.
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Image: iStock
The Last Word: Mavs Foundation’s Katie Edwards on Partnering with TIAA for ‘Dunks for Equity’
by Dallas Innovates | Staff Report | Oct 21, 2022
The next time you see Luka Doncic slam home a dunk at a Dallas Mavericks game, he'll be doing more than helping his team win in the new NBA season. He'll also be scoring $50 to help create opportunities for young adults across Dallas-Fort Worth.
TIAA and the Mavericks are teaming up on Dunks for Equity, a program supporting educational and professional equity for all.
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by Lance Murray |
Oct 21, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Advent International, Stellar, Stream Realty Partners, The Citizenry, Sabre Corp., SB Architects, and others.
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by Dallas Innovates | Staff Report |
Oct 20, 2022
Hong has received the Established Investigator Award from the American Heart Association, receiving $400,000 in research funding support for five years. The award is given to established investigators in rapid growth phases of their careers, whose accomplishments continue to show promise.
Hong's promise centers around his research on new "bioactive materials" to mimic the natural state of a body for heart research. That's important because cardiovascular disease remains the world's No.1 killer in the world, claiming nearly 18 million lives per year, UT Arlington says.
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by Lance Murray |
Oct 20, 2022
Shar Dubey and Mandy Ginsberg will play key roles in further building out Advent’s consumer technology practice and work collaboratively with the firm’s consumer and technology investment teams and the management teams of its portfolio companies.
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Ben Caballero, founder and CEO of HomesUSA.com [Photo: HomesUSA.com]
The Last Word: HomesUSA.com’s Ben Caballero on Rising Interest Rates
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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by Quincy Preston |
Oct 19, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Bank of America's multi-tiered digital wallet security, Nike's ground-engaging structures for articles of footwear, Capital One's systems and methods for training machine learning models, Raytheon's policy engine for cyber anomaly detection, and more.
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