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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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Companies Partner to Drive Data and Insights on the ‘Extended Workforce’
by | Apr 25, 2022
Plano-based Sapience Analytics is partnering with Washington, D.C.-based consultancy firm Brightfield Partners, which focuses on those helping businesses with workers who aren’t full-time employees. The goal: helping enterprises maintain visibility on their contingent workers. According to Sapience, work is “experiencing the largest transformations since the Industrial Revolution." CEO Bradley Killinger believes "complete transparency" through advanced data and insights is essential.
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Creation RE and J.P. Morgan Form Joint Venture to Invest $1B, Announce Fort Worth Industrial Project
by | Apr 25, 2022
Phoenix-based Creation RE, which has a second office in Dallas, and investment partner J.P. Morgan are looking to invest in 'the right markets.'
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DI People: Trinity Groves, Trammell Crow, Buff City Soap, Silicon Valley Bank, Nanoscope, and More Make Leadership Moves
by | Apr 22, 2022
In this week's roundup of 32 hires, promotions, and accolades in North Texas, you'll also find news from Staff DNA, Stream Realty Partners, EverAg, World Economic Forum, Eosera, Harver, Immersion Corp., The 20, and United Way of Metropolitan Dallas, among others.
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Ross Perot Jr., chairman of The Perot Group, and James Latinsky, MP Materials co-founder and CEO a the site of MP Materials new U.S. magnet factory at AllianceTexas in Fort Worth.

Construction Begins in Fort Worth on America’s First Rare Earth Magnet Manufacturing Facility

Through a long-term agreement with General Motors, MP Materials is bringing its MP Magnets division to AllianceTexas and today began building a new, 200,000-square-foot rare earth magnetics and materials manufacturing facility.

The goal: Reshore this critical component for America's EV batteries, robots, drones, defense systems, and other tech. “We’ll bring the supply chain home,” MP's CEO promised today.
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zogo and Apex team up on next-gen financial literacy
Dallas ‘Fintech for Fintechs’ Teams Up With Texas-based Zogo for Bite-Sized Financial Literacy
by | Apr 20, 2022
“Millennials and Gen Z are reinventing investing," says Zogo founder Bolun Li. The company's next-gen financial education takes a Gen Z approach to covering financial literacy—gamification.
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Amping Up: Fort Worth Battery and EV Charger Company Acquired by PE Firm
by | Apr 20, 2022
Schumacher Electric, a 75-year-old company that relocated to Fort Worth from Chicago last summer, is reimagining the future of power innovation.
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Frisco’s EverAg Makes C-Suite Move to Advance Farm-to-Fork Transformation of Food Supply Chains
by | Apr 20, 2022
EverAg was formed in February through Frisco-based Dairy.com's merger with risk management firm ever.ag and software solutions business EFC Systems. With a team of about 450 spread across seven global locations, EverAg's tech is helping 600+ companies "efficiently and cost effectively move food from farm to fork." Now the new company has appointed former Conservis co-founder and SVP Mike Borman as its chief product officer, to be at the forefront of that effort.
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Dallas Real Estate Brokerage Plans to Add 1,000 Agents—and It’s Paying to Get Them Licensed

by | Apr 19, 2022
Rogers Healy and Associates Real Estate has grown rapidly over the past year, and recently announced the launch of rural realty arm RHA Land and Lakes. Today the firm announced it aims to add 1,000 new realtors to its ranks—and it's planning to pay for them to get licensed through its License Launch program. “Not only do we get the opportunity to invest in their success, but we get to watch them grow and thrive as a real estate agent after,” the company's talent coordinator says.
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Dallas Construction Giant Is Bringing AI to the Jobsite to See What the Crane Hook Sees
by | Apr 19, 2022
Dallas-based construction giant Austin Commercial is partnering with Versatile, a California construction tech startup, on the use of CraneView. The hardware connects to cranes "below the hook," measuring key data points to help reduce construction time while increasing the number of loads picked up. Austin Commercial says it's the first in Texas to use the technology.
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JLL Managing Director is Optimistic on the Future of Dallas as a ‘Top Contender’ for Corporate Relocations
by | Apr 19, 2022

Torrey Littlejohn thinks Dallas will continue to be a top contender for corporate relocations “as large out-of-state businesses consider moving to Texas to tap into cheaper labor and more favorable tax treatments.”...

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Hillwood and Ericsson Routes Partner on ‘Connectivity Predictions’ at the MIZ
by | Apr 19, 2022
Planning and operations in the Mobility Innovation Zone require a consistent and reliable connection throughout the whole journey of each tested vehicle—whether it's a self-driving truck or a delivery drone dropping test packages. Ericsson Routes, an incubation unit within Ericsson, offers Waze-like connectivity predictions for planned routes and journeys.
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Eosera Graduates from TechFW, CEO Joins Its Board

by | Apr 19, 2022
Fort Worth-based Eosera, a biotech startup specializing in innovative ear care products, has graduated from the TechFW accelerator and business incubator—and now its co-founder and CEO Elyse Dickerson is joining the nonprofit's board. Eosera continues to grow and is close to moving into a 40,000-square-foot facility.
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Follow the Money: D.R. Horton Acquires Public Water Resources Firm, Critical Start Raises $215M, Fort Worth Biotech VC Raises New Funds, and More
by | Apr 15, 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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Impact Ventures Raising $20M Dallas Inclusive Capital Fund to Make the Region a Hub for Diverse Entrepreneurs
by | Apr 14, 2022
“Entrepreneurs of color are over-mentored and undercapitalized. While others are saying, ‘Here’s a program or mentorship,’ we’ve been one of the first groups to say, ‘Here’s that, plus capital, to get you there,’” says Benjamin Vann, founder and CEO at Impact Ventures.
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How Composting Saves Landfill Space and Reduces Costs at DFW Airport
by | Apr 14, 2022
Last year, Dallas-Fort Worth International Airport partnered with Dallas-based Turn Compost to collect and haul food waste from terminal concessions. Since March 2021, 60 tons have been composted.

Community farms and gardens including Bonton Farms, F.A.R.M., Misty Moon Farms, and many others benefit from donated animal feed and compost.
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