Startup

Fortress Solutions Names New Chief Executive Officer

by | Dec 23, 2022

Plano-based Fortress Solutions has appointed John Shelnutt as its chief executive officer, replacing Brendon Mills, who resigned to pursue other opportunities.

Fortress Solutions is a global provider of critical infrastructure management and support services for telecommunications carriers, wireless networks, electronic vehicle charging stations, and IoT devices.

“Fortress has an incredibly deep bench of talent that has gained the respect of the largest telecom companies in the world and other providers of critical infrastructure for many years,“ Shelnutt said in a statement....

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The Last Word: TWU’s Tracy Irby on How to Celebrate National Business Plan Month
by | Dec 22, 2022
As New Year's Eve approaches, thoughts are turning to holidays, fireworks, and—yes—business plans for a whole new year. That may be why December is National Business Plan Month, and TWU's Tracy Irby has the perfect way to celebrate it—by avoiding 5 key business plan mistakes.
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The Last Word: Mosaic Makers Collective’s Katy Sensenig Schilthuis on Showcasing Talents of 80 Texas Women Makers
by | Dec 21, 2022
If you walk into Mosaic Makers Collective—a 2000-square-foot store at 8th Street and Bishop in Oak Cliff's Bishop Arts District—you can find everything from watercolor paintings to kitchen magnets shaped like sushi to casual fashions, wall hangings, jewelry, and more. And a sign on the wall—FEMALE DESIGNED LOCAL GOODS—tells it all.
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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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[Image: Myvector/iStockphoto]

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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Taysha Gene Therapies Replaces CEO, Appoints R&D Chief
by | Dec 19, 2022

Dallas-based Taysha Gene Therapies is starting a new chapter in its fight to tackle devastating neurological conditions with changes in its top executive leadership.

Late Friday, the publicly traded biotech announced that Sean P....

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Startup to Storefront: SkinStasis Launches ‘Revolutionary’ Skin Care Product Out of BioLabs at Pegasus Park
by | Dec 19, 2022
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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Grata CEO Patrick Brandt (left) and Founder Mark Bunting [Photos: LinkedIn]

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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Mark Cuban Cost Plus Drug Company Dallas Deep Ellum
Mark Cuban’s Cost Plus Drug Co. Partners with Emsana RX to Help Take on Big Pharma
by | Dec 16, 2022
In January, the Mark Cuban Cost Plus Drug Company launched its online pharmacy directly to consumers, aiming to "bypass middlemen and outrageous markups." In October, it partnered with its first U.S. health plan, Capital Blue Cross. Now, by partnering with EmsanaRx, MCCPDC has made its first move into the self-insured employer drug market. Mark Cuban says EmsanaRx's "technological capabilities to customize to the needs of self-funded employers" will help his startup "bring lower cost medicines to a wider swath of the American public."
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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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U.S. Patent No. 11,497,299 (Magnetic body-worn mounting system and method) was assigned to Watchguard Video Inc.

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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Imperial Fizz Is Building a Dallas Restaurant Portfolio ‘By Doing It Backwards’
by | Dec 13, 2022
Dallas restaurateur Jon Alexis is opening Ramble Room in Snider Plaza as the second venture of his company Imperial Fizz, following the successful launch of Escondido Tex-Mex in Preston Hollow. The two-story Ramble Room will open in early spring, offering "approachable, everyday American classic dishes." It's part of Alexis' "do it backwards" approach: "We find a great spot in a great neighborhood, and figure out what those neighbors need," Alexis said.
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The Last Word: Resolute Future’s Michael Kelly on When To Ignore Great Advice
by | Dec 12, 2022
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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