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Startup
The Richardson Innovation Quarter, or The IQ for short, will soon be home to an R&D office for Allegro Microsystems. [Image: Courtesy Richardson Innovation District]
Global Tech Company Announces New Innovation, Design Hub in Richardson Innovation Quarter
by Lance Murray | Jan 26, 2023
New Hampshire-based Allegro MicroSystems said Richardson's new innovation and design center will serve as a hub for Allegro's sensor and power integrated circuit R&D efforts.
"We're excited to be contributing to the growth of the community and ecosystem for innovation while tapping into local talent," says Allegro SVP Suman Narayan.
by David Seeley |
Jan 26, 2023
Last month, we told you about MedCognetics getting FDA clearance for its unbiased AI-enabled software for breast cancer screening. Today, the Dallas-based company announced it has been awarded $750,000 from an NIH program to research unbiased AI for breast cancer detection.
The NIH's AIM-AHEAD program—short for Artificial Intelligence/Machine Learning Consortium to Advance Health Equity and Researcher Diversity—awarded the grant. "This NIH grant will play an important role in future product development as well as helping us further expand our global market penetration," said MedCognetics CEO Debasish Nag.
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![From left: Abidali Neemuchwala and Dayakar Puskoor [Photo: Dallas Venture Capital]](https://s24806.pcdn.co/wp-content/uploads/2022/05/DVC-Abidali-Neemuchwala-DayakarPuskoor-360x203.jpg)
by David Seeley |
Jan 24, 2023
Aiming to eliminate borders when it comes to investing in early-stage startups in multiple countries, the VC firm held an event earlier this month in Hyderabad, India, to announce its partnership with T-Hub and the official launch of the DVC India Fund, which has invested in five companies so far.
"2023 is going to be a tough macro-economic environment, but global enterprises are at an early stage of the digital transformation journey," Co-Founder Abidali Neemuchwala said at the event.
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by Dallas Innovates | Staff Report |
Jan 24, 2023
Salomon is a Brooklyn-born Polish Jew—three ingredients that practically made him destined to be a bagel expert. He proved it by opening Starship Bagel in Lewisville in July 2021, and earlier this month he opened a schmear-ific location at 1520 Elm Street in downtown Dallas, where he also serves coffee made from award-winning Onyx Coffee Lab beans.
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Tom Ellis, founder and CEO of ShiftKey [Photo: LinkedIn]
Double Unicorn Healthcare Staffing Firm ShiftKey Adds Four New C-Suite Executives
by Lance Murray | Jan 24, 2023
The Irving-based company—whose platform enables healthcare workers to browse, bid on, and work nearby shifts—added Jeffrey Lawrence as CFO, Ryan Bonifacino as CMO, Thomas Fredell as chief product officer, and Brian Scott as chief strategy officer.
Earlier this month, ShiftKey became North Texas’ newest double unicorn, after closing a $300 million funding round that valued it in excess of $2 billion.
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by Lance Murray |
Jan 23, 2023
Extenet, the Frisco-based privately held provider of network infrastructure solutions, has appointed Scott Pomykalski to the role of chief revenue officer, a position in which he will be responsible for leading Extenet’s customer acquisition, outreach, and relations efforts....
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by David Seeley |
Jan 23, 2023
Offering what it calls "the future of first class," Aero already flies passengers from private terminals in San Francisco and Los Angeles to destinations in Los Cabos, Aspen, and Sun Valley. Its new service out of a private terminal in Love Field will launch April 21 with introductory $1,000 one-way flights to Los Cabos, featuring contactless check-in, a crowd-free lounge, and "bespoke, white glove services." The company raised $65 million in August to help fuel its U.S. expansion.
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by Lance Murray |
Jan 20, 2023
Blue Star Innovation Partners, a Frisco-based growth focused investment firm that partners with leading software and payments companies, has invested in Sonar Software, an Atlanta-based provider of BSS & OSS solutions for internet service providers, Blue Star announced.
“We view Sonar as a leader in the telecommunications technology market and believe there are attractive opportunities to accelerate growth and to better serve our existing customers,” Jeff Gardner, partner at Blue Star Innovation Partners, said in a statement....
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Improving CEO Curtis Hite at left with Zigatta CEO Nahid Giga [Photos: Improving]
Improving Acquires Frisco Software Developer, Consulting Firm Zigatta
by Lance Murray | Jan 19, 2023
Plano-based IT services firm Improving said the deal is expected to increase its annualized revenue exceeding $275 million and will further its geographic reach throughout the U.S. and Latin America. In addition to its Plano HQ, Zigatta has offices in Guadalajara, Mexico.
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by David Seeley |
Jan 18, 2023
Founded in 2019, newly rebranded Kindly Human is a "mental well-being platform" providing 24/7 preclinical call-based support, with trained "peer listeners" helping employees navigate life stressors including financial, relationship, work, and health concerns.
"At Kindly Human, it's all about humans helping humans and giving employees the fastest path to support through shared connection." says co-founder and CEO Cole Egger.
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by Dallas Innovates | Staff Report |
Jan 18, 2023
Mervine capped off 2022 by celebrating a milestone for her Dallas-based startup Big Ass Luxuries, which she and her husband Trent co-founded in 2021. BAL makes and sells Big Ass Candles—long-lasting and aromatic candles made from natural eco-friendly scents and coconut soy wax. BAL surpassed $1.3M in 2022 sales, 10 times what it made in 2021.
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by Lance Murray |
Jan 18, 2023
Art lovers now have a new simple and secure way to buy curated digital artwork at home with the LG Art Lab on LG Smart TVs with Blade Wallet, the fastest growing wallet on the Richardson-based Hedera Network....
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La Parisienne Bistro and Bar is coming to The Star in Frisco this spring. [Rendering: La Parisienne]
At 19, She Became the First Female Dickey’s BBQ Franchisee. Now She’s Opening This Bistro at The Star
by David Seeley | Jan 17, 2023
Texas-born Mondi Tag was just 19 when she and her mother became the first female franchisee owners and operators for Dickey’s BBQ in Dallas. Now she's about to open something a little swankier: La Parisienne Bistro & Bar, coming to The Star in Frisco this spring. The 4,325-square-foot bistro was designed by Dubai-based Mayavian Creative Studios to offer an "elegant Parisian feel."
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by David Seeley |
Jan 17, 2023
Backed "by a number of large Dallas family offices," the infrastructure investor and operator will focus on supporting residential electric vehicle charging solutions in apartment communities.
"We believe that apartment residents should have access to designated home charging spaces, rather than relying on shared charging stations" says CEO Farrukh Malik.
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by Dallas Innovates | Staff Report |
Jan 17, 2023
Don't miss your chance to get our biggest-ever Dallas Innovates magazine. Request a complimentary copy of the once-a-year limited edition now.
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by David Seeley |
Jan 13, 2023
An active VC investor for nearly 15 years, Healy went in full-bore in September by founding Morrison Seger Venture Capital Partners. With $5 million raised since its launch, the"MoSe" fund has focused on Tiff's Treats, Siempre Tequila, laundry and dryer fragrance startup Laundry Sauce, and Catch'N Ice Cream.
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