MORE►
Business
From left: PItted Ventures Managing Partner Greg Russell and Partner Tyler Allgaier. [Photos: Pitted Ventures]
Consumer Product-Focused Investor Eyes Opportunities in Dallas
by Kevin Cummings | 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.
by Quincy Preston |
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.
MORE►
by Kevin Cummings |
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.
MORE►
Creation RE and J.P. Morgan Form Joint Venture to Invest $1B, Announce Fort Worth Industrial Project
by Sandra Engelland |
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.'
MORE►
Firestone Country Club in Akron, Ohio, is one of the 200 clubs owned and operated by Dallas-based Invited. [Photo: Invited]
Meet Invited. The Largest Owner of Golf and Country Clubs in the U.S.—Dallas-Based ClubCorp—Unveils a Major Rebranding
by David Seeley | Apr 22, 2022
“Invited is not just a name. It’s everything we are,” says CEO David Pillsbury. It's a game changer: ClubCorp sees a new high-tech era of "democratized" golf.
The rebranding announcement follows last week's Bloomberg report that Apollo Global Management Inc.—which took ClubCorp private in 2017—is weighing an IPO for the country club operator as early as this year, at a potential value of around $4.5 billion.
The rebranding announcement follows last week's Bloomberg report that Apollo Global Management Inc.—which took ClubCorp private in 2017—is weighing an IPO for the country club operator as early as this year, at a potential value of around $4.5 billion.
MORE►
by Quincy Preston and Sandra Engelland |
Apr 21, 2022
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.
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.
MORE►
by David Seeley |
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.
MORE►
by Sandra Engelland |
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.
MORE►
U.S. Patent No. 11,278,000 (Method and system for remote monitoring, care and maintenance of animals) was assigned to Botsitter LLC
Dallas Invents: 129 Patents Granted for Week of March 22
by Quincy Preston | Apr 20, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. 1A Smart Start's wearable transdermal alcohol sensor device; Agarik Sas' method for scheduling computer tasks; and Botsitter's remote monitoring, care, and maintenance of animals.
MORE►
by Kevin Cummings |
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.
MORE►
by Kevin Cummings |
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.
MORE►
by Sandra Engelland |
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.”...
MORE►
"Nostalgia Escape" tile trend featuring Daltile Perpetuo Tuxedo. [Photo: Daltile}
Dallas-Based Daltile Releases First-Ever Trend Report for 2022 Interior Design
by David Seeley | Apr 19, 2022
Daltile explores seven trends in its 2022 interior design Trend Report—Restorative Nature, Self-Expressionism, Origins Exploration, Female Celebration, Noble Simplicity, Nostalgia Escape, and Tech Retreat—and reveals how each is expressed in Daltile's product lines.
MORE►
by David Seeley |
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.
MORE►
by Kevin Cummings |
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.
MORE►
by Kevin Cummings |
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.
MORE►
