Business

 

 

Texas-Based GP Capital Partners Launches $275M Small Business Fund—With a Key Focus on Texas Companies

by | Oct 13, 2021
Structured as a Small Business Investment Company (SBIC) through the U.S. Small Business Administration, the fund aims to fuel the growth of privately held, lower middle market businesses in the southern U.S.—with a particular focus on businesses in Texas and the Gulf Coast.
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Founder capital in Dallas Fort Worth
6 Dallas Private Equity Firms Make Inc.’s ‘Founder-Friendly’ Investor List
by | Oct 13, 2021
The Dallas firms are among 14 Texas shops "that founders will love" on Inc.'s 2021 list of private equity and venture capital firms.

Inc.'s list of 146 founder-friendly investors is its biggest yet.
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Clockwise from upper left: John Ficken, Ali Wajahat, Sanjiv Yajnik, Valerie Jarrett, Amanda Cage, Marissa Horne, Alan Cohen, Evan Frazier, Vu Le, Emary Aronson, and Chastity Lord. [Photos via Capital One]
Reimagine Communities: Changemakers Explore ‘Where Do We Go From Here’
by | Oct 13, 2021
Experts and leaders candidly discussed the future of work, why resilience is (almost) everything, and how to be a strong leader by first being honest with yourself at Capital One's sixth annual summit.

Plus, learn how nonprofits can use data and analytics to drive impact. Capital One releases the first study from its just-launched insights center.

Here's the takeaway.
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Dallas Invents: 93 Patents Granted for Week of Sept. 28
by | Oct 13, 2021
Dallas-Fort Worth ranked No. 12 for patents out of 250 metros. Patents granted include: 7-Eleven's detection of shelf interactions using a sensor array, American Airlines' graph network model to determine a gate pushback time, Atense's virus immune computer system and method, AT&T Intellectual Property, Cricket Wireless LLC's method for detecting and acting upon a violation of terms of service, Texas Instruments' financial transaction system with sensors and tamper detection, and TMGCore's autonomous vehicle that can map a facility and navigate its way to a particular liquid cooling system.
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MD7 Names a New CTO

by | Oct 12, 2021
MD7 is gearing up for "double-digit growth" as 5G rolls out. The mobile infrastructure consultancy recently announced its corporate relocation from San Diego to Allen.
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Signature Biologics President and COO Chloe Bailey
Irving-Based Biotech Joins Rare Disease Company Coalition to Support Innovation in Life Science
by | Oct 12, 2021
Rare is not that rare, says the RDCC. One in ten people lives with a rare disease, and the new coalition will unify life science companies dedicated to developing treatments. The goal? To inform policymakers of the unique challenges in the space.

Signature Biologics joins Dallas-based Taysha as a member of the RDCC.
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Texas Instruments Unveils Breakthrough 3D Position Sensor
by | Oct 12, 2021
TI says its Hall-effect sensor is "the industry's most accurate." The 3D-sensing technology is a boon for smart factories and the real-time control of devices like autonomous robots.
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A New 24-Story, Class AA Office Tower Is Coming to Plano’s Legacy West
by | Oct 11, 2021
One major tenant will be global tax services and software provider Ryan LLC, which will be moving its HQ from the Galleria in Dallas.

Designed by Gensler, the tower is expected to break ground early next year.
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Plano-Based Frito-Lay Invests in Its Manufacturing Sites, Hiring Nearly 15,000 Frontline Workers in 2021
by | Oct 7, 2021
The snack company says the hirings are enabling it to meet strong consumer demand—and are filling increased job openings due to Frito-Lay expansions, new go-to-market strategies, and backfilling vacant postings. The average pay for its supply chain employees is $22.48 an hour, with an opportunity in some roles to earn up to $43.32 an hour.
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HackDFW Drew More Than 600 Hackers—and Big Name Employers Hunting Hires
by | Oct 7, 2021
Students and experienced engineers alike hacked solutions to real-world challenges with algorithms, coding scripts, and data in three days of problem-solving. Some of the world’s biggest names in business—Amazon, McKesson, and USAA (to name a few)—were taking note.

Hackathons have became the new career fair for tech talent.
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UNT Health Science Center Gets $50M to Use AI to Rectify Health Disparities
by | Oct 7, 2021
The award from the National Institutes of Health will help HSC lead the AI/Machine Learning Consortium to Advance Health Equity and Researcher Diversity, or AIM-AHEAD, program. The effort will bring together experts in community engagement, AI/ML, health equity research, data science training, and data infrastructure.
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4 Dallas Innovators You Need to Know Today—and Why

Here's people from UT Dallas, NuVinAir, Caris Life Sciences, and Bottle Rocket who are making moves.
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Dallas’ LOOK Cinemas Plans to Redefine the Moviegoing Experience Post-COVID
by | Oct 6, 2021
Here's how LOOK Dine-In Cinemas CEO Brian Schultz—best known for founding Studio Movie Grill—plans to totally transform the dine-in cinema experience with a tech-first concept that's rapidly expanding across the country.
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Richardson-based BUiLT Turns One and Pushes Forward in Its Diversity-in-Tech Mission
by | Oct 6, 2021
Last week, BUiLT International celebrated its one-year anniversary as a non-profit organization working to advance the representation and participation of Black people in tech. Peter Beasley, the founder of the organization, was voted back as Chairman of the Board for another year. 
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Fort Worth’s Elbit Systems of America Wins $76M U.S. Army Contract for Apache Helicopter Sight Systems
by | Oct 6, 2021
Fort Worth-based Elbit Systems of America, a subsidiary of Israeli defense electronics company Elbit Systems, has been awarded a five-year U.S. Army contract of up to $76 million to provide Integrated Helmet And Display Sight Systems (“IHADSS”) for the Army's AH-64 Apache helicopter fleet.
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