Startup

CPRIT Is Funding the Development of Products That Fight Cancer

by | Sep 6, 2022
The Cancer Prevention & Research Institute of Texas has provided more than $3.1 billion in funding toward the development of cancer-fighting therapeutics, devices, diagnostics, and tools since 2010. It's now issued a call for startups and early-stage companies to apply for product development research grants for the 2023 fiscal year. “CPRIT’s mission is to invest in the research prowess of Texas institutions while expediting breakthroughs in cancer cures and prevention,” CEO Wayne Roberts said last May.
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Dallas Startup Immerss Aims To Be the ‘Go-To Solution’ for Live E-Commerce
by | Sep 1, 2022
Working with San Antonio-based bootmaker Lucchese, Immerss delivered a use case that gave the brand a real kick, with a live e-commerce shopping experience that moved the majority of Lucchese sales to direct-to-consumer. That turned the bootmaker from client to investor through a $1.1 million seeding check. Now Immerss is looking to raise millions more to become the "go-to solution" for live e-commerce. Co-founder Patrick Jacobs told Dallas Innovates an early meeting with Lucchese's president led to a "lightbulb moment"—one that set Immerss on an innovative new path.
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Wealth Management Tech Startup VRGL Raises $15M to Help Firms Acquire Clients, Manage Proposals
Founded in 2021, Dallas-based VRGL is an automated data and analytics platform for wealth management firms. Aimed at streamlining time to revenue and increasing initial check sizes, the platform can present a "complete and transparent view" of a prospect's entire portfolio within minutes—serving a need that's "ripe for innovation and disruption," one investor said.

“The VRGL team quickly took a one-firm product and turned it into a platform every advisor can use,” two other investors added in a joint statement.
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Dallas Invents: 155 Patents Granted for Week of August 16

by | Aug 31, 2022
Bank of America's correction, synchronization, and migration of databases, Berkshire Biomedical's computerized oral prescription administration with refillable medication dispensing devices, UT Systems' cancer cell trap, Cleanspray USA's disinfection system for mass transit vehicles, Fujifilm Medical Systems' detecting errors in artificial intelligence engines, Knightscope's autonomous parking monitor, Micron Technology's modified checksum using a poison data pattern, Texas Instruments' handling non-correctable errors, Textron Innovations' fuel cell powered line-replaceable thrust module, The Nielsen Company's methods and apparatus to improve usage crediting in mobile devices, and UNT's ultrasonic through-wall sensors.
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Frisco Startup DoTells Wants to Help You Find Your Lost Valuables
by | Aug 30, 2022
Husband-and-wife co-founders Neha Shah and Vir Mehta know the feeling. When you lose something, you want to get it back—but how does the finder know how to reach you? Their solution: DoTells, QR-tagged stickers for everything from keys to luggage to cell phones. After years of reading menus by phone cameras during COVID, people "just get it," Shah says. Finders scan the tag and connect anonymously with the owner to return the item. “It’s a low-key technology, but with game-changing effects,” Shah says.
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Follow the Money: P10 Acquires California Investment Firm, SmartMoving Lands $41.5M, and More
by | Aug 29, 2022
In this week’s North Texas deal flow, you’ll also find news about Biotech Renibus Therapeutics raising $8.48M to fight cardio-renal disease; Deposits raising $5M for its plug-and-play financial services platform; Lion Real Estate Group targeting multifamily properties in the Sun Belt with a $200M fund, and more.
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DI People: American Airlines, StackPath, Infolob, and More Make Leadership Moves

by | Aug 26, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from the cities of Dallas and Plano, the North Texas Commission, TPG, ParkHub, Vistra, CyrusOne, Van’s Kitchen, ROBOAMP, and more.
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Dallas Invents: 145 Patents Granted for Week of August 9
by | Aug 24, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: American Airlines' predictive sensor system for aircraft engines with graphical user interface, Astrapi's spiral polynomial division multiplexing, B.YOND's self-intelligent improvement in predictive data models, Barefoot Networks' packet header field extraction, Belaj Innovations' compositions of marine botanicals to provide nutrition to aging and environmentally damaged skin, Boston Scientific Scimed's artificial sphincter system and method, Edible Garden AG's greenhouse agriculture system, FlyingTee Tech's multiplayer, multisport indoor game system, Hewlett Packard's watermark for manufacturing authenticity, Huawei Digital Power Technologies' high efficiency power regulator, Intuit's document classification using signal processing,
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Deposits, a Dallas Startup, Raises $5M for Its Plug-and-Play Financial Services Platform
by | Aug 24, 2022
Founded in 2019, Deposits offers a platform with plug-and-play banking features that enables smaller community banks, credit unions, and other financial brands to reach and serve more people—including the underbanked. The goal is to empower smaller financial organizations that have lacked the budgets or capabilities to deliver high-tech digital tools. "Our platform opens the door for who can get in the game, so now all you need is a will and there's a way," co-founder and CEO Joseph Akintolayo told Dallas Innovates.
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Dallas-Based SmartMoving Raises $41.4M to Help Automate the Moving Process
by | Aug 23, 2022
SmartMoving—a software solutions startup that aims to streamline the moving services business—landed the investment from Austin- and San Francisco-based growth equity firm Mainsail Partners. Its platform automates the entire operations process from estimates to sending out crews to handling payroll and payments. “Our mission is to build the best software to help moving companies create growth and run their businesses smoothly,” says SmartMoving founder and CEO Tobe Thompson.
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Follow the Money: Recuro Health Expands with New Acquisition, Texas Cybersecurity Transplant Raises $70M, and More

by | Aug 22, 2022
Plus, bidding war looms for Dallas-based Signify Health; Fort Worth-based Harvest Returns raises $780K for new fund; Dallas property consulting firm Masterplan is acquired by New York company; Washington D.C. PE firm adds to its Fort Worth architectural platform; Pharos Capital sells stake in diagnostic testing company; and more North Texas deals.
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Runway Growth Capital Adds to Life Science Team With New Dallas Managing Director
by | Aug 20, 2022
Brannon Morisoli will join the team at a time when life science is booming in North Texas. Most recently, Dallas-Fort Worth ranked for the first time in the "Top 20 U.S. metros for life science" 2022 report by CommercialEdge. 
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The Last Word: LibDib’s Cheryl Durzy on Graduating a Craft Tequila Brand to RNDC Distribution
Last September, we wrote about how LibDib was partnering with Grand Prairie-based Republic National Distributing Company to launch LibDib@RNDC Texas. Its goal was to be the “Airbnb of alcohol distribution” in the Lone Star State—giving makers of boutique craft beverages access to RNDC’s Texas-wide distribution system. 
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DI People: Toyota, ERCOT, Bank of Texas, Comerica Bank, LERMA/, and More Make Leadership Moves
by | Aug 19, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from UTD's Center for Brainhealth, DART, Enseo, LiquidAgents/StaffDNA, Alpine Advanced Materials, Runway Growth Capital, Optic Gaming, Dallas Thrives, Downtown Dallas Inc., TechGenies, Kainos Capital, Texas Motor Speedway, and more.
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