Business

 

 

Frisco EDC’s First Director of Innovation Will Focus on Startups, Tech, and Venture Capital

by | Mar 25, 2022
Entrepreneur Jasmin Brand will take on the newly created role. The goal? To make Frisco a “major national hub” for venture capital and innovation.
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DI People: Frisco’s EDC, Vistra, Lennox International and More Make Moves
by | Mar 25, 2022
In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from Cicis, Complexity Gaming, Digit7, Design Connect Create, Vaxxinity, and more.
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From Automated Airport Parking to On-Demand Rides, North Texas Boosts Autonomous Vehicle Capabilities
by | Mar 24, 2022
NCTCOG's Regional Transportation Council believes autonomous vehicles are part of the solution to North Texas' future.

From autonomous parking at DFW airport to self-driving DART shuttles to medication deliveries in McKinney—along with local hubs for Kodiak Robotics, Aurora, and TuSimple—the region could prove to be the "most robust, automated, and connected vehicle ecosystem in the country," says one official.
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Vari CEO Jason McCann: ‘Workspaces Should Ebb and Flow—Just Like the Needs of Businesses’
by | Mar 24, 2022
"It's clear that the office of the future will change more than any other time in recent memory," McCann says.

The workspace innovator sees a niche for a new product—fully furnished, move-in-ready space.
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Aurora Unveils Ride-Hailing Test Fleet, Gives Toyota Execs an Autonomous Ride Toward DFW Airport

by | Mar 23, 2022
Aurora capped off a six-month pilot test of its autonomous Toyota S-AM minivans in Dallas-Fort Worth by giving Toyota North America CEO Ted Ogawa and other execs a ride toward DFW Airport yesterday.

Aurora will continue to test and develop its ride-hailing and autonomous trucking tech from Dallas, including a new trucking route from Dallas to El Paso. It expects to launch its ride-hailing product, Aurora Connect, in late 2024.
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Dallas Invents: 134 Patents Granted for Week of Feb. 22
by | Mar 23, 2022
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Amazon's item identification based on receipt image, Apple's cylindrical desktop electronic device, Lennox Industries' carbon dioxide cooling system with subcooling, Linear Labs' multi-tunnel electric motor/generator, Match Group's method for matching using location information, and more.
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Outsourcing Company Grows its Global Presence from New Dallas HQ
by | Mar 22, 2022
SupportNinja, a business process outsourcing company that moved its HQ from Austin to Dallas' Deep Ellum late last year, has acquired Delaware-based Bolton Remote, a workforce solutions firm.

Now with around 3,000 employees and an expanded global presence in Ireland, Singapore, and the Philippines, the company's enhanced its ability to offer clients "on-demand service anytime, anywhere, from around the world."
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Dallas Talent Expert: How ‘Over‑Communicating’ Can Be a Good Thing, and Why Top Talent Is Flocking to North Texas
by | Mar 22, 2022
Jaimee Eddington, a partner in the Dallas office of Heidrick & Struggles' Americas region, reveals what future-focused firms should be thinking about in terms of leadership hires, and shares insights on why more and more top talent is attracted to Dallas-Fort Worth.
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How Irving-Based Darling Ingredients Makes the World Greener, from Biofuels to ‘Neutraceuticals’ to Insect-Based Pet Food

by | Mar 21, 2022
Today Darling announced a partnership with Chick-fil-A to convert used cooking oil from all its U.S. and Canadian restaurants into cleaner-burning renewable fuel. It's just one way that Darling—which calls itself "the greenest company on the planet"—delivers sustainable solutions worldwide. From its $1.1 billion acquisition of Valley Proteins in January to its big expansion of the Diamond Green Diesel facility in Louisana in November, Darling is continuing to grow—and get greener.
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Funding
Follow the Money: Dallas SPAC Raises $123M IPO, FortyTwo.VC Aims to Raise $50M Fund, Crestline Investors Closes Funds with $3.6B in Commitments, and More
by | Mar 21, 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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DI People: Jacobs, Southwest Airlines, AT&T, Sunwest Communications, KKR, Comerica, and More Make Moves
by | Mar 18, 2022
In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from Ecobat, Wingstop, ActivePure Technologies, Communities Foundation of Texas, Texas Health Resources, and other area organizations.

Plus, meet the UT Arlington professor helping to lead a NASA mission.
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Suzanne Smith: Making a (Business) Case for the Dallas International District
by | Mar 17, 2022
Smith's public benefit corporation, Social Impact Architects, worked with early stakeholders on strategic plans for the Dallas International District.

"Our slogan right now is  'Connecting the World to Dallas. Sharing Dallas with the World,' she says.
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Cold Chain Cargo: DFW Airport Aims to Help Put North Texas on the Global Map as a Life Science Hub, Expert Says

by | Mar 17, 2022
Dallas Fort Worth International is one of just two airports in North America to have a CEIV Pharma certified community. The designation puts DFW and its supply chain stakeholders in a top tier for the safe handling of pharmaceuticals and other highly sensitive materials.

DFW's Milton De la Paz is leading efforts to capitalize on the region's status as a cargo gateway in the life science sector.
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Collaboration Is the Key to North Texas’ Emergence as a Bio-Hub
"When it comes to the biotech industry, our region is leading the U.S. in key metrics of job growth and investment," write Kathleen Otto and George Goodno. One proof point? VC funding is flowing into DFW at a faster rate than any other area in the nation.

These North Texas life science leaders say the region's success is no coincidence. Here's how the shared ambition of key players and strategic collaboration has impact.
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CRE Inflection Point: Which Way Will the Industry Go?
by | Mar 17, 2022
Overall optimism prevails, says Deloitte's 2022 Commercial Real Estate Outlook. North Texas-based Wyn Smith weighs in on how the market forces are playing out locally.
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Mattye Gouldsby Jones on Opportunities in Affordable Housing in Dallas-Fort Worth
by | Mar 16, 2022
There's interest by developers from across the country to build affordable housing here, says Jones, a director at Coats Rose and public policy chair at The Real Estate Council.

Stakeholders can embrace the opportunity, the attorney says. The investment in affordable housing "will be catalytic and will beget economic vibrancy."
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