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Dallas Invents: 138 Patents Granted for Week of April 5

by | May 4, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: 7-Eleven's custom rack for scalable position tracking system, Bank of America's robotics process automation macro bot, CB Geotex's method of maintaining soil strength and stability, Golabs' self-balancing vehicle, K2M's expandable spinal implants, Match Group's matching users based on selections made by third parties, and more.
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Mobile Game Company President Is Named New CEO of Match Group
by | May 3, 2022
Match Group CEO Shar Dubey is leaving her post May 31, but will stay on with the company as a board director and advisor. The move will allow more time for what she calls "the give back" chapter of her life.

Incoming CEO Bernard Kim currently serves as the president of mobile game maker Zynga, where he is credited with boosting Zynga’s market cap since 2016, leading to Zynga’s pending $12.7 billion acquisition by Take-Two Interactive.
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Frisco-Based esrp Merges with Cresa, the World’s Largest Occupier-Focused CRE Firm
by | May 3, 2022
esrp—a leading tenant advisory firm headquartered at The Star in Frisco—assists clients in over 40 countries with corporate and occupier advisory services. Founded in 2013 as E Smith Realty Partners, the firm spun out in 2017, parting ways with Cowboys legend Emmitt Smith, one of the firm's founding partners, and rebranding as esrp. Now, with its nearly 50 team members, esrp will lead Cresa's existing Texas teams, fortifying the company's presence in the state and building a stronger presence in Austin.
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Dallas’ Barber Partners and Bain Capital Launch $500M Cold Storage Venture Across the U.S.
by | May 3, 2022
The joint venture will develop around 15 "next generation" cold storage facilities across the country. The launch addresses a cold storage crunch that's been exacerbated by increased demand during the pandemic and the ongoing supply chain crisis. The first project: a $52 million, 302,000-square-foot "state-of-the-art" facility right in Dallas' back yard, in Denton.
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Follow the Money: Trive Capital Raises Nearly $2B, Securonix Adds Investors to its $1B+ Funding Round, Cardinal Midstream Partners Launches with $300M Investment, and More

by | May 2, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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ICYMI: Texas Eyes New Federal Biomedical Agency

The Advanced Research Projects Agency for Health (ARPA-H) was established last month by the Biden administration with $1 billion in funding to advance biomedical and health research....

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DI People: AT&T, LaunchBio, Texas A&M, Thryv, PeopleFun, Eyelit, LTK and More Announce Leadership Moves
by | Apr 29, 2022
In this week’s roundup of 25 hires, promotions, and accolades in North Texas, you’ll also find news from Bottle Rocket, Texas Health Aetna, Trinity Metro, Mitel, State Fair of Texas, Baylor Scott & White Health, Dallas Afterschool, Mitel, Talus Pay, Globe Life, PHP Agency, and Texas Security Bank.
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Mayor Names HKS Principal as Citywide Representative to Dallas’ Environmental Commission
by | Apr 29, 2022
The city of Dallas has a new leader helping to oversee the implementation of its first Comprehensive Environmental and Climate Action Plan. The overarching goal? To alleviate the impacts of climate change on the region.
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Southwestern Medical Foundation President and CEO Kathleen Gibson has joined the board of nonprofit LaunchBio. [Image: Southwestern Medical Foundation; istockphoto]

Southwestern Medical Foundation President and CEO Joins LaunchBio Board

by | Apr 29, 2022
LaunchBio, a life science and biotech nonprofit that expanded to North Texas in 2021, has announced four new board members, including Dallas-based Kathleen Gibson, along with a new board chair.

LaunchBio is working to accelerate the entrepreneurial support network in the region through collaborations with BioLabs, Lyda Hill Philanthropies, J. Small Investments, BioNTX, DLA Piper, and others.
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SMU Lands One of its Largest Gifts Ever to Fund Entrepreneurship
by | Apr 28, 2022
William Spears, founder and CEO of Dallas-based sustainability solutions firm Cenergistic, has given SMU the largest donation from a non-alum in its more than century-long history.

The gift will be used to set up the William S. Spears Institute for Entrepreneurial Leadership within the Cox School of Business, as well as the Spears Accelerator, to help get student- and faculty-formed businesses off the ground, and other entrepreneur-supporting efforts.
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‘Thinking Big to Succeed’: EY Names 46 Entrepreneur Of The Year Finalists for 2022
by | Apr 28, 2022
A panel of judges selected the finalists: 46 entrepreneurs and leaders of 41 high-growth companies "who think big to succeed" and have shown that "ambition, courage, ingenuity, and empathy are key to driving change."
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Bitcoin Mining Company Investing $333M for New Facility South of Dallas
by | Apr 28, 2022
Colorado-based Riot Blockchain, one of the world's largest publicly traded bitcoin mining companies, announced plans to develop a 265-acre site in Corsicana—about an hour south of Dallas—adding to its growing presence in the Lone Star State. At full capacity, the development is expected to have one gigawatt of capacity—enough energy to power around 750,000 households.
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Dallas Invents: 142 Patents Granted for Week of March 29

by | Apr 27, 2022
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros. Patents granted include: AT&T's media content distribution system, Bank of America's AR dynamic authentication for electronic transactions, DJO's personalized image-based guidance for energy-based therapeutic devices, Ed Tucker Distributor's starting device for a motorcycle, Huawei's wireless battery charging with improved efficiency, and PACCAR's methods for providing augmented reality support for vehicle service operations.
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Fort Worth Becomes First U.S. City to Mine Bitcoin, Right From City Hall
by | Apr 26, 2022
Fort Worth is positioning itself to be the capital of crypto mining. Bitcoin mining machines donated by the Texas Blockchain Council began running 24/7 today, following a city council vote that authorized the six-month pilot program.

Fort Worth Mayor Mattie Parker plugged in the machines herself live on Twitter this afternoon at 2:35 p.m. “These small but powerful machines mark Fort Worth’s larger commitment to becoming a leading hub for technology and innovation," she said.
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Consumer Product-Focused Investor Eyes Opportunities in Dallas
by | Apr 26, 2022
Pitted Ventures, a newly formed Utah-based growth capital firm backed by a family of support companies, has tapped a local leader to help it bridge funding gaps for brands while providing wraparound services to help those business grow to the next stage. With Dallas as a hub, it aims to make typical investments of $750K to $1.5M starting this summer.
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PNC Bank Launches Newest Tech Hub in North Texas
by | Apr 25, 2022
PNC Bank has officially opened its North Texas Technology and Innovation Hub in Farmers Branch. Designed to encourage a culture of collaboration, most of its 200 employees will focus on developing—and elevating—PNC’s innovation and technology endeavors. PNC calls it "the first hub of this type to be established in Texas." Take a look inside in our photo tour below.
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