Startup

Dallas Invents: 135 Patents Granted for Week of November 22

by | Dec 21, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Aon Risk Services' digital property collateral protection, Capitalogix's advanced systems and methods for allocating capital to trading strategies for big data trading in financial markets, Dell Products' detection of indicators of attack, Nallen Holdings' paint removal unit, USAA's appliance monitoring sensors, and more.
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Aurora Keeps on (Autonomously) Truckin’ with Release of Its Driver Beta 5.0 System
by | Dec 20, 2022
Aurora Innovation is already hauling freight with its self-driving trucks from Dallas-Fort Worth to Houston and El Paso, for customers including FedEx, Uber Freight, Werner, and Schneider. The release of its Aurora Driver Beta 5.0 adds detection and appropriate response to emergency vehicles like ambulances, fire engines, and law enforcement vehicles, along with other enhanced capabilities.
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Dallas’ MedCognetics Gets FDA Clearance for Its AI-Enabled Breast Cancer Screening Software
by | Dec 20, 2022
The early-stage startup's QmTRIAGE software platform uses AI and machine learning to detect early breast cancers with a "high rate" of accuracy, MedCognetics says. The company has worked with UT Southwestern and UT Dallas to ensure its AI improves outcomes for "all ethnicities," at a time when racial disparities in AI have become a growing concern.
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Dallas’ Jaunt Air Mobility Signs Letter of Intent to Sell Air Taxis in Québec and South Korea
by | Dec 20, 2022
Jaunt, a maker of electric vertical takeoff and landing (eVTOL) aircraft has signed a letter of intent with Québec-based Vertiko Mobility for an intended initial purchase of 71 Jaunt Journey eVTOLs. It also signed an LOI with Mint Air of South Korea for 40 aircraft to serve the Korean air taxi market. Jaunt, which got new backing last April, says it's on a strategic path for the Jaunt Journey to be certified by 2027.
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Startup to Storefront: SkinStasis Launches ‘Revolutionary’ Skin Care Product Out of BioLabs at Pegasus Park

Co-founders Paul Stewart and Frank Murdock started up SkinStasis Skin Care earlier this year to meet "a big unmet need" in the cold sore/herpes virus field, where they say there's been "no real new pharmaceutical development" for over 20 years.

Working out of BioLabs at Pegasus Park, they teamed up with Irving's Cosmetic Laboratories to launch NextLeap—which uses tranexamic acid to shorten the time to recovery of normal appearance to as little as 24 to 48 hours, the co-founders say.
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North Texas’ Sky Elements Breaks Texas Record With 1,001 Drone Light Show
by | Dec 19, 2022
Fort Worth-based drone show company Sky Elements broke a Texas record Sunday night—and spread a little holiday cheer as well. To attract attention for the North Richland Hills toy drive benefitting the Community Enrichment Center, Sky Elements presented a "1,001 Drones Holiday Show" over the Birdville ISD Fine Arts/Athletic Complex.
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Grata Raises $6M in Seed Funding for Recognition Platform, Adds Industry Experts to Executive Team
by | Dec 16, 2022
Founded in 2019 by Mark Bunting, Grata is a first-of-its-kind online platform for consumers to convey recognition directly to a brand's frontline employees in real-time. The company said that investors who have joined to support the success of Grata include Capital Factory, Clutch, Hall Group, and Perot Jain. The startup has assembled a team of entrepreneurial veterans and industry experts including Patrick Brandt, Wesley Bryan, Allison Swope, and John Rabara.
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Legendary Dallas Innovator John Carmack Raises $20M for Artificial General Intelligence Startup Keen Technologies
by | Dec 16, 2022
Carmack—the former CTO of VR giant Oculus—has taken goggle-gazing to the next level, programmed Doom and Quake, and founded a Mesquite-based space tourism startup. Now he's on a mission he says "could change the course of human history": artificial general intelligence. Keen's focus on AGI could lead to "something that behaves like a human being or like a living creature, and that can then be educated in whatever ways that we need to," he says.

Carmack believes AGI will hit the market in less than a decade. enabling AIs to interact socially with each other—or with actual people.  
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$1.7B Cybersecurity Firm Trellix Appoints New Chief Information Security Officer To Be Based Out of New Plano Office

by | Dec 15, 2022
Trellix is a cybersecurity firm created last January via a merger between McAfee Enterprise and FireEye Security Holdings, leading to a $1.7 billion valuation. The company is opening an 85,000-square-foot office in Plano's Legacy West Urban Village to house the employees and assets of its local operations. Based in San Jose, California, Trellix has 4,500 employees worldwide.
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UNT Health Science Center Gets $2M from Tarrant County to Boost Emerging Tech Companies
by | Dec 14, 2022
The UNT Health Science Center at Fort Worth has received a $2 million grant from Tarrant County to help emerging tech startups successfully apply for federal Small Business Innovation Research funding. "It’s about creating entrepreneurial excellence in Tarrant County,” says Tarrant County Commissioner Roy Brooks. “This puts us at the forefront of innovation in bringing tech industries to Tarrant County as an economic development tool.”
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Dallas Invents: 135 Patents Granted for Week of November 15
by | Dec 14, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Linear Labs' multi-tunnel electric machine, NEC Corporation of America's facial recognition system, NTT Data's securing machine learning models, Physmodo's human motion detection and tracking, Raytheon and University of North Dakota's detection of spoofing and meaconing for geolocation positioning system signals, Securus Technologies' ollicit activity detection based on body language, University of Texas System's anti-LILRB antibodies and their use in detecting and treating cancer, Watchguard Video's magnetic body-worn mounting system and method, and more.
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The Last Word: Resolute Future’s Michael Kelly on When To Ignore Great Advice

Entrepreneurs need to filter things out—which is why Kelly believes founders can ignore great advice at times. "I hear a lot of founders get paralyzed because they don't know how to apply advice/feedback," Kelly wrote recently on LinkedIn. "If that's you, keep this in mind. There's a lot of great feedback that is irrelevant to you. It is up to you to understand what feedback is for you right now, what feedback should be set aside for later, and what feedback is meant for a different audience."
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Dallas-Fort Worth Tech Co. Partners With SoundHound To Offer Voice AI Ordering System for Restaurants
by | Dec 12, 2022
SoundHound, the conversational intelligence innovator, went public in April.

Hamed Mazrouei, CEO of tech-provider Vivant and Milagro, says the system streamlines operations for restaurants so they can focus on their food and their guests. The company described it as a "virtual employee who answers calls, takes orders, and makes reservations."
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Hedera Governing Council Adds 2 Leaders to Executive Team
by | Dec 9, 2022

The Hedera Governing Council has appointed two new members to the executive team. The council is a consortium of leading organizations that operate the open source, hashgraph-powered, carbon-negative Hedera network for Web3 applications....

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Securonix Appoints New Chief Executive Officer, Board Member
by | Dec 9, 2022

Addison-headquartered Securonix Inc. announced Nayaki Nayyar has been appointed chief executive officer and member of its board of directors, effective immediately.

Securonix is a leader in Next-Gen SIEM, UEBA and SOAR, and at the same time, the company announced that founder and former CEO Sachin Nayyar (not related) has transitioned to the role of executive chairman of the board....

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