Business

 

 

‘Smart Spaces’ Conference Returns to North Texas, Spotlights IoT Innovation in Multifamily and Hospitality

by | Sep 12, 2024
Parks Associates' "Smart Spaces" conference in Richardson will bring together property owners, building managers, and tech leaders to discuss innovations in the industry Sept. 24-25. Keynote speakers from Amazon Key, Luma Residential, and Stoneweg US promise insights from industry heavyweights.
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The Dallas Foundation Adds Impact, Partnership Chiefs as It Eyes Next Phase of Growth
by | Sep 12, 2024
The Dallas Foundation is charging up its C-suite, bringing on two powerhouse executives to accelerate its community mission as it approaches its 100th birthday in 2029.
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The Last Word: With Queen Throne ‘Babe Cave’ and High-Tech Features, Amped Fitness to Open in Richardson Oct. 14
by | Sep 12, 2024
New fitness center brands have been pumping into North Texas lately, from Lumin Fitness in Las Colinas featuring gamification tech via wall-to-wall LED screens;  Canyon Ranch in Fort Worth with its "world-class wellness" spa offerings and high-tech, high-end fitness; EoS Fitness locations across DFW featuring MOVEoS Cinema workouts; to Playkout, the "first-ever" pickleball-inspired fitness studio, which recently opened in Dallas and also features video-based gamification. But next month, yet another brand is launching in the region—and it's the only one with a women's-only "Babe Cave," complete with a neon-topped "Queen AF" throne.
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Raise A Hood and Metrolla took top prizes in Capital One's 2024 Accelerator Pitch at Dallas Startup Week in August.
Capital One Accelerator Program Fuels Founders to Drive the Future of Mobility
by | Sep 12, 2024
The Capital One program — one of few mobility-focused accelerators in the country — empowers visionary founders to enhance their startup expertise, expand their networks, and attract investors. The latest cohort wrapped up with standout pitches and notable wins.
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Dallas’ Lone Star Funds Closes $2.7 Billion Real Estate Fund VII

by | Sep 11, 2024
Headquartered in Dallas with offices in 10 cities around the world, the PE firm said its latest commercial real estate firm will target opportunistic and value-add commercial real estate investments including direct commercial real estate equity, debt portfolios, and commercial real estate-related operating companies.
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Taking Clean Water ‘Private’: Progressive Water Treatment Relocates HQ from McKinney to Sherman as It Grows Texas Footprint
by | Sep 11, 2024
PWT said its new Sherman headquarters will enable it to respond even more rapidly to customer demand while ramping up its production "in a safe and sustainable way." The division of fintech Water on Demand is part of a move by local industries and communities to take clean water "private," the companies said.
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North Texas-Based Redwood Software To Be Acquired by Austin and New York PE Firms
by | Sep 11, 2024
While terms of the deal were not disclosed, Reuters reported in August that Turn/River Capital was exploring a sale of Frisco-based Redwood—a global provider of automation fabric solutions—to other private equity firms in a deal that would value Redwood at $2.5 billion, including debt. The company serves more than 7,500 customers globally, including 28% of the Fortune 500 and 40% of the Fortune 50.
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The Last Word: Dallas-Based LTK’s Amber Venz Box On Competing With Tech Giants
by | Sep 11, 2024
Dallas-based LTK is proving that North Texas startups can go toe-to-toe with Silicon Valley giants. In a recent interview with Axios, Amber Venz Box discussed the company's impressive growth in the creator economy space.
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SMU student-entrepreneur Trevor Gicheru, smiling, and posing next to the study app he created.

From Frustration to Funding: SMU Student Entrepreneur’s AI App Tackles ADHD and Transforms Learning

Trevor Gicheru created Nurovant AI, an app that converts lectures into flashcards, quizzes, and summaries, helping students focus on key themes. With support from institutions like SMU, Harvard, and MIT, he’s now scaling his venture and aiming for a $2-3 million seed round in 2025.
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Patented: Alcon’s Voice‑Controlled Surgical System and More North Texas Inventive Activity

Dallas-Fort Worth ranked No. 8 for patent activity out of 250 metros for the week of August 27, with a total of 122 patents granted.

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Children’s Health, Investing Partners Back Pieces Technologies With $25M to Advance AI in Hospital Care
by | Sep 10, 2024
"Our mission is to help those who help others," says Pieces Technologies CEO Dr. Ruben Amarasingham. With $25M in growth funding, Dallas-based Pieces is gearing up to transform hospital care with AI that streamlines clinical workflows and eases the load on care teams.
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DataBank Announces New 480MW North Texas Data Center Campus Featuring Eight Two‑Story Data Centers
by | Sep 10, 2024
DataBank is building a 480MW data center campus in Red Oak, its third new campus announced in the past 12 months. Construction is underway, with the first phase set to be operational by the second quarter of 2026, aimed at meeting the growing demand from A.I. and cloud applications.
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‘Compression-Free’ Mammography CT Scanner Is Coming to a Clinic in Dallas

by | Sep 10, 2024
A device from Georgia-based Koning Health uses a CT scan to take high-contrast, real 3D images of a breast in a "7-second exposure" at radiation levels in the same range of diagnostic mammograms, the company said—resulting in "exceptional spatial resolution" without painful compression.
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BioNTX Unveils 2024 Rising Stars: 8 Innovative North Texas Companies Shaping Life Sciences
by | Sep 9, 2024
The innovators will be recognized at the 10th Annual BioNTX iC³ Life Science & Healthcare Innovation Summit. The signature event is set for October 3-4 at the new Loews Arlington Convention Center in Arlington.
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Westlake’s ECI Software Solutions Acquires Cloud-Based ERP Khameleon Software
by | Sep 9, 2024
The strategic acquisition grows ECI's distribution portfolio with "powerful technology" designed to support long-term needs and future growth plans for its commercial furniture dealer customers, ECI said.
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Dallas’ Winchester Carlisle Companies Snags $35M Investment
by | Sep 9, 2024
Founder and CEO Richard Dix said the new capital investment "allows us to refocus our efforts on the single-family for-sale business and expand our homebuilding operations into more markets across North and Central Texas."
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