Business

 

 

13 North Texas Companies Make the Deloitte 2021 Technology Fast 500 List

by | Nov 17, 2021
In all, 26 Texas companies made the list. Austin's Shipwell was near the top of the list at No. 4 with 32,670% revenue growth.
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LiveOak Venture Partners Raises $210M Fund to ‘Double Down’ on Texas
by | Nov 17, 2021
Fund III is the largest institutional Texas-focused, early-stage venture fund in the past decade.
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bigBANG! ’21 on ‘The New Economy’: Healing Our Divides
by | Nov 17, 2021
Across five days in late October, Social Venture Partners Dallas held its annual bigBANG! conference focused on driving solutions and equitable outcomes in Dallas and across Texas. Here's a deep look at the people, ideas, and outcomes that drove Dallas' longest-running event for social innovation. Plus, meet the winner of the bigBANG! pitch competition.
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Dallas-Based Getaroom Acquired by Booking Holdings Inc. in $1.2B Deal
by | Nov 16, 2021
Getaroom, a B2B distributor of hotel rooms founded by the entrepreneurial duo behind Hotels.com, will roll into Booking Holdings' Priceline brand with the deal.
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Blackstone Invests in Dallas-based LifeScience Logistics as the 3PL Leader Ramps Up in Pharma and Medical Device Market

by | Nov 16, 2021
LifeScience Logistics founder Richard Beeny calls the demand for FDA-compliant healthcare supply chain solutions “unrelenting.” The third-party healthcare logistics provider, which has more than 4-million-square feet of space in locations across nine states, has seen exponential growth since launch in 2006. LSL is in the sweet spot of Blackstone's "highest-conviction, firmwide investment themes": life sciences innovation and next-gen logistics.
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Texas Will Get Billions for Environmental Projects from $1.2T Infrastructure Bill, from Clean Water to EV Charging to Public Transit
by | Nov 16, 2021
$550 billion in new infrastructure spending is coming to projects nationwide—and a big slice is bound for Texas. From new electric buses to rail projects to improved power infrastructure to lead water service line removal and more, Texas' environment may be one of the biggest beneficiaries of all.

AECOM CEO Troy Rudd says the bill will help support critically needed innovation and sustainable solutions projects.
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Women’s Sexual Health Startup Rosy Closes $2M Seed Round to Boost Its Evidence-Based Platform
by | Nov 15, 2021
Rosy plans to further develop its flagship platform, which gives women trusted access to sexual health resources from professionals in the industry.
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UT Dallas, UT Southwestern Break Ground on TI-Funded Bioengineering Facility
by | Nov 15, 2021
The $120 million Texas Instruments Biomedical Engineering and Sciences Building, supported by a gift from Dallas-based Texas Instruments, will focus on advancing transformational bioengineering research that can find solutions to unmet medical needs. It's set to open in 2023.
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Dallas Invents: 122 Patents Granted for Week of Nov. 2

by | Nov 13, 2021
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Allied Bioscience’s infection control, Allstate Insurance’s accident re-creation using augmented reality, Avegant Corp.’s steerable high-resolution display, Brink’s self-service modular drop safes CommScope Technologies’ wrap around antenna, Corvus Robotics’ warehouse inventory management using drones, IBM’s identifying objects of interest in augmented reality, Linear Labs’ magnetic motor and method of use, Lintec of America’s applying micron diameter yarns, and Reliant Immune Diagnostics’ initiating telemedicine conference using self-diagnostic test.
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DI People: ClubCorp, North Dallas Bank and Trust, Tappit, and More Make Moves
by | Nov 12, 2021
In this week's roundup of hires and promotions in North Texas, you'll also find news from Jacobs, WiNGS, TearLab, Activate Renewables, StreetLights Residential, The Expo Group, Lear Investment Management, and more.
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UTD Big Idea Competition Awards $415K to Innovative North Texas Startups
by | Nov 11, 2021
UTD students, faculty, and alumni pitched their big ideas for a chance to win cash to push their ventures forward. New this year: Capital Factory presented the first-ever biotech+ challenge award. 

The event featured a closing conversation on the entrepreneurial ecosystem with long-time business partners Ross Perot Jr. and Anurag Jain.
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NTT DATA CDO Eric Clark says “The continued shockwaves of the global pandemic have left many organizations feeling the impacts of disruption across their workforces, customers, and bottom lines."
NTT DATA’s First Innovation Index Reveals Organizations Are Still Stuggling in an ‘An Era of Constant Disruption’’
by | Nov 11, 2021
New research shows 77 percent of organizations surveyed are not prepared for continued challenges from health crises and natural disasters. And many companies aren't looking to their employees for the answers. Still, a small group of leaders with a focus on innovation—about 6 percent—are performing “above average” in nearly all areas, including financial performance, productivity, and employee satisfaction.
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Dallas Invents: 118 Patents Granted for Week of Oct. 26
by | Nov 9, 2021
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Minor IP’s underwater wings for providing lift to boats, Apple’s DMRS for 5G things communication system, Capital One‘s document term recognition and analytics, Dell’s pre-boot BIOS healing of platform issues from operating system stop error code crashes, Edible Garden AG’s greenhouse agriculture system, NICE LTD’s detecting complaint interactions, Toyota’s predicting and detecting a cardiac event, and VitalTech Properties’ on-body wearable charger.
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Walmart Is Building Two Dallas-Area Facilities That Are So High Tech, 400 New Jobs Will Require STEM Skills
by | Nov 9, 2021
A 1.5 million-square-foot automated fulfillment center is slated to open in Lancaster in 2023, followed by a 730,000 square-foot automated grocery distribution center in 2024. Both will deploy the latest in high-tech robotics and innovation.
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Dallas’ Alpha Testing Acquired by Universal Engineering Sciences to Establish a Footprint in Texas
by | Nov 9, 2021
Alpha Testing, geotechnical engineering firm, will retain and expand its local presence with the deal. Its leadership team will also stay on to launch a new "Texas division" for Universal Engineering Sciences’ national offerings. Alpha Testing's major North Texas projects include Fort Worth’s West 7th Bridge, DFW Airport, the Cypress Waters mixed-use development, and more.
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