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Funding Roundup: Arcosa Makes $375M Acquisition, Trinity Private Equity Group Leads $14M Funding Round

by | Mar 30, 2021
In this roundup of funding and acquisition activity in North Texas, you'll also find news from Mark Cuban, Night Media, ERA Capital Partners, and Bunch Bikes.
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PICKUP Closes $15M Series B to Accelerate Growth, Double Team Size
by | Mar 30, 2021
The funding will enable the Dallas-based logistics provider to expand its suite of tech-enabled, last-mile omnichannel delivery services, which includes the transport of small and heavier items.
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Southern Dallas Thrives Receives $750K Grant from PepsiCo Foundation To Help Women with Job Placement and Security
by | Mar 30, 2021
With the grant comes the launch of the Women’s Workforce Readiness Initiative. The project's goal is to provide holistic, sustainable support for women’s career success in high-growth industries. The initial plans include providing 550 women in Southern Dallas with support over the next three years.
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Dallas Invents: 134 Patents Granted for Week of March 16
by | Mar 29, 2021
Dallas-Fort Worth ranked No. 12 for patents out of 250 metros. Patents granted include: Illuma Labs' reduced computation of t-matrix training for speaker recognition, Super-Sparkly Safety Stuff's personal alarm, Utility Isolation Systems' floodwater isolation system, Accenture's cross-application identity and access management, AirWatch's management of grouped student devices with timed locks, Apple's 5G new radio beam refinement procedure, Bank of America's blockchain augmented IoT device-based system for dynamic supply chain tracking, BNSF's wireless slide fence system and method, Capital One's visual inspection support using extended reality, Global Tel*Link's mobile correctional facility robots, State Farm's mitigation implementing unmanned aerial vehicles (UAVS), Texas Instruments' touch screen, and Wells Fargo's resource system for settlement of estate assets.
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People Connectors: This New Tech Platform Is Ushering in the Hybrid Events Era

by | Mar 29, 2021
JUNO, which has key executives in Dallas and other cities across the country, wants to get ahead of the hybrid event trend by offering event planners "Intersections of Connectivity," a free ebook on how to organize something that connects virtual participants and an in-person audience.
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DI People: Pillar Clinical Research, Dallas City Homes, Mohr Capital, and More Make Moves
by | Mar 26, 2021
In this weekly roundup of executive moves in North Texas, you'll also find news from Operation Kindness, Cooksey Communications, Munck Wilson Mandala, and StoneEagle F&I.
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Chase Opens Its First Texas Community Center Branch in Oak Cliff
by | Mar 25, 2021
“Dallas is a city that booms north of I-30. Unfortunately, if you live south of I-30 all too often you only hear rumors of that boom,” Dr. Michael Sorrell, president of Paul Quinn College, said during Thursday's opening. “JPMorgan Chase is actively being a bridge builder. It is a repairer of the breach.”

The community branch plans to help Black and Latinx consumers open bank accounts and start businesses as part of Chase's $30 billion commitment to advance racial equity and provide economic opportunities to underserved communities.
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$10M Dallas VC Fund for AI Companies Closes First Round of Funding
by | Mar 25, 2021
Sentiero Ventures is seeking out companies that sit at the "intersection of utility and capability." The VC invests in SaaS companies that use AI—process automation, cognitive insights, cognitive engagement, and data collection—to power their key solutions
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Dallas-Headquartered Ryan Acquires PTX Tech To Strengthen Its Property Tax Software Solutions

by | Mar 24, 2021
Ryan has acquired PTX Tech to develop and deploy integrated software and data solutions for its clients. Both companies seek to improve the customer experience and provide their clients with valuable tech.
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Dallas Invents: 111 Patents Granted for Week of March 9
by | Mar 23, 2021
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros. Patents granted include: 7-Eleven's object tracking system, Accenture's cost of healthcare analytics platform, American Airlines' flight number optimization system, Deere's scouting system with an autonomous ground vehicle, Mavenir Networks' system for supporting low latency applications in a cloud RAN, Roka Sports' snap-in nose pads for eyewear, The Parking Genius' sensors capable of determining direction and speed of vehicle entering or leaving a lot, and Toyota's system for monitoring suspicious activity of a vehicle.
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7-Eleven Opens Its First Corporate-Owned Drive-Thru With a Laredo Taco Company at an Evolution Store in Dallas
by | Mar 23, 2021
Coming to 7-Eleven's Evolution Store on Park Lane and Abrams Road is the first-ever Laredo Taco Company drive-thru restaurant. It marks the latest innovation at one of the Irving-based retailer's 'lab stores,' an experiential testing ground for patrons to try new concepts.
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Fasten Your Seatbelts: Arlington Launches First On-Demand Public Self-Driving Shuttle Service
by | Mar 23, 2021
The City of Arlington has partnered with Via, May Mobility, and UT Arlington to launch the RAPID pilot program, the first autonomous driving shuttle initiative to integrate with an existing public transportation service.
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‘The Gin’: One of Dallas’ Oldest Buildings Enters a New Chapter With a Next-Gen Angle in Deep Ellum

by | Mar 23, 2021
Built in 1888, The Continental Gin Building in Deep Ellum was the largest cotton processing equipment manufacturing operation in the U.S. and has served as space for artists. Now "The Gin" has been reimagined as a hospitality-focused, mixed-use destination that can—once again—serve as a hub of innovation.
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New Water Coalition Launched to Invest in Conservation Efforts for the Upper Trinity River
by | Mar 22, 2021
A group of industry, nonprofit, and governmental organizations—including Texan by Nature, Molson Coors, Coca-Cola, Frito-Lay and PepsiCo, and Keurig Dr Pepper—have formed the Texas Water Action Collaborative to improve the water quantity and quality of the Trinity River.
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DI People: Topgolf, ActivePure Technologies, and North Dallas Bank & Trust Co. Make Moves
by | Mar 19, 2021
In this weekly roundup of executive moves in North Texas, you'll also find news from Skanska USA, Velocity Commerce Group, Munck Wilson Mandala, and UNT.
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TPG Launches New Initiative to Seed Diverse Investors and Entrepreneurs
by | Mar 18, 2021
TPG NEXT, launched with several new investments and partnerships, will provide flexible growth capital and operational resources to support women, people of color, and LGBTQ+.
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