Startup

UT Dallas to Host Global Consortium of Entrepreneurship Centers’ 2023 Conference

by | Oct 31, 2022
The GCEC has over 200 university members from across the U.S. and around the world. At its annual conference, the centers work together to share best practices, develop programs and initiatives, and collaborate and assist each other to advance, strengthen, and celebrate the role of universities in teaching tomorrow's entrepreneurs. "We look forward to our peers from entrepreneurship centers all over the world joining us to learn, connect, grow, and better our efforts in the entrepreneurship space," says UTD's Dresden Goldberg.
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Dallas Invents: 137 Patents Granted for Week of October 18
by | Oct 30, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: 7-Eleven's machine-learning algorithm trained to identify algorithmically populated shopping carts as candidates for verification, AT&T'S Quantum tampering threat management, Bank of America's real-time processing distributed ledger system, Care View Communications's patient video monitoring systems and methods having detection algorithm recovery from changes in illumination, GE Precision Health Care's motion correction systems and methods of propeller magnetic resonance images, Lockheed Martin's plasma engine with leptonic energy source, Prilenia Neurotherapeutics, UT System use of pridopidine to improve cognitive function and for treating Alzheimer's disease, Texas A&M's hybrid bluegrass named DALBG 1201, and TMGCore's external robotic system for liquid immersion cooling platform
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The Last Word: ENO8’s Jeff Francis on How Rushing Doesn’t Always Win the Software Startup Race
DFW-based Francis says he helps tech founders launch their digital products "with clarity and confidence while increasing success raising capital and reducing risk in execution."  He's been putting some interesting advice up on LinkedIn. Last week he shared this: "I have two kids, and a phrase you will NEVER hear me say to them is, 'Second place is first loser.'"
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ParkHub Acquires California-Based Parking Software Provider
by | Oct 28, 2022
Two months after acquiring Fuzse, a payment processing integrator, Dallas-based ParkHub has scooped up Smarking to broaden its product suite and expand into new end markets. Founded in 2014, San Francisco-based Smarking is a SaaS-based solution that enables customers across North America to effectively manage their parking assets through access to real-time data and analytics.
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THE LAST WORD on Dallas Innovates. Find "who said what" in our collection of quotes on Dallas-Fort Worth Innovation.

Every Last Word: Quotes About All Things North Texas

Read “who said what” in our roundup of quotes about all things North Texas, including ENO8's Jeff Francis; MyndVR's Chris Brickler and Ted Werth; Axxess' John Olajide; the Urban Land Institute's Ron Pressman; Dallas Mayor Eric Johnson; the Mavs Foundation's Katie Edwards; UT Arlington's Yi Hong; HomeUSA.com's Ben Caballero; ParkHub's George Baker Sr.; and more.
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UpSmith, a Dallas Startup Led by Former Elevate Leader, Raises $3.3M to ‘Combat the Skilled Worker Shortage’
by | Oct 27, 2022
As founder and CEO of Upsmith, Wyatt Smith is on a mission to combat America's skilled worker shortage while bringing career opportunities to veterans, immigrants, recent high school graduates, and “stuck workers." UpSmith's platform helps employers find, train, and retain skilled workers with the help of paid, eight-week "training accelerators." Its two pilot programs include one in Dallas working with American Residential Services to train HVAC technicians for jobs in Dallas and Houston.
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Nathan Hanks
Tuning Up: Frisco-Based Music Audience Exchange–aka MAX–Raises Series B Funding To Expand
by | Oct 26, 2022
Frisco-based MAX, a tech marketing company that powers brand and music partnerships, raised $6 million in 2017. A new round led by Interlock Partners will help fund the development of SET.Live. The new platform lets artists engage with fans at live shows while creating unique sponsorable assets for brands like Ford, McDonald's, and more.

“This investment allows MAX to continue fulfilling its mission to automate and digitize artist sponsorships and create a new marketplace for the creator economy,” says CEO and founder Nathan Hanks.

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Dallas Invents: 133 Patents Granted for Week of October 11
by | Oct 26, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Capital One's system and method for social home buying, Hunt Energy Enterprises' subsurface electrical storage batteries, Intellective AI's pixel-level based micro-feature extraction, and Walmart's systems and methods of product identification within an image.
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Maintenance Marketplace Startup Stellar Has Eyes on ‘Next Phase of Growth’ With New Name and New CTO

by | Oct 20, 2022
Dallas-based Stellar connects contractors with property managers in the single-family rental market. With $15M in funding to date, it's punching up its tech with new CTO Renaud Casanova—whose Silicon Valley background includes stints with Facebook and the San Francisco 49ers. "We're on a continued trajectory to build world-class software to power one of the market’s top managed maintenance marketplaces," says Founder and CEO Dustin Marx.
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Students Get $185K in Funding for Fledgling Businesses at UT Arlington’s MavPitch Competition
by | Oct 19, 2022
UT Arlington students have bright business ideas—from hydrogen-powered drones to 3D-printed concrete homes to K-pop themed T-shirt lines. The university shone a light on 10 of them—along with $185,000 in total funding—at the finale of the MavPitch Business Competition. “We use the generous awards and other resources to encourage, grow, and mentor these fledgling student-run firms,” says UTA's Jeffrey McGee.
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Dallas Invents: 129 Patents Granted for Week of October 4
by | Oct 19, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Bank of America's multi-tiered digital wallet security, Nike's ground-engaging structures for articles of footwear, Capital One's systems and methods for training machine learning models, Raytheon's policy engine for cyber anomaly detection, and more.
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Nanoscope Therapeutics Accelerates Sight-Restoring Drug Development with New Gene Therapy Manufacturing Partnership
by | Oct 18, 2022
Dallas-based Nanoscope Therapeutics is accelerating the development of therapies that could restore sight in patients with the help of a publicly traded firm. The retinal degenerative diseases-focused biotech company announced a new gene therapy manufacturing partnership with contract research organization Charles River Laboratories International.
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The Shadow CEO:
Protecting Founders and Special Voting Preferences

by | Oct 17, 2022
Entrepreneur, investor, and corporate governance authority Dennis Cagan shares insights on seldom-taught things an entrepreneur needs to know about equity and governance—before making needless mistakes—in The Shadow CEO series. Part 11: Protecting Founders and Special Voting Preferences
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acquired
Follow the Money: Medical Device Firm Orthofix Merges to Form Nearly $700M Revenue Business, Stealthy Men’s Health Startup Looks to Raise $2M, Dallas SPAC Targets $200M IPO, and More
by | Oct 17, 2022
In this week’s North Texas deal flow, you’ll also find news about Mavenir’s $155M raise, Pinnacle Realty Advisors raising $5M for ‘brokerage-as-a-service’ platform, Exela Technologies taking its European business unit public, American Airlines’ hydrogen fuel distribution investment, and more.
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Dallas’ Foundry Brands Is Building a Portfolio of ‘Micro-Tribe’ Direct-to-Consumer Businesses
by | Oct 13, 2022
Launched last year with $100 million in debt-free equity capital, Dallas-based Foundry Brands is an acquisition platform that aims to amass a portfolio of 30 to 50 direct-to-consumer e-commerce brands. It's already acquired eight—most recently the Fort Worth-based men’s grooming product company, Supply. Co-founder Matt Rhodes told Dallas Innovates that Foundry seeks brands who've developed "micro-tribes." “Ultimately, we're looking to be a multibillion-dollar business," Rhodes told us.
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‘I’ve Never Been More Bullish on Our Region’: Longtime Dallas Investor Aaron Pierce Joins Perot Jain as Partner
by | Oct 12, 2022
Aaron Pierce, the co-founder and board chair of Venture Dallas, has a deep investment background and a history of supporting the local entrepreneurial community. As partner at Perot Jain, his role is "all encompassing." One item on his agenda is overseeing the firm's investments in Major League Cricket—along with managing the firm's investment portfolio of more than 60 companies.

“We have the ingredients required to be a major player in the national investment landscape," Pierce says, "especially as the family office and private investment focus grows from funds to direct investments in venture-backed companies.”
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