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Startup
Image: InfStones.com
Follow the Money: Web3 Infrastructure Startup Raises $66M, Dallas SPAC Set to Take Bus Services Firm Public, Fort Worth VC Raises $4M for Third Fund, and More
by Kevin Cummings | Jun 3, 2022
Plus, stealthy Dallas startup LibLab raises $42M; Fort Worth biotech Sanara raises $15M; UPS Acquires Plano-based Delivery Solutions; Four Seasons in Las Colinas finds new owners; and more North Texas deals.
by Kevin Cummings |
Jun 2, 2022
Launched in Palo Alto in 2018, InfStones relocated its HQ to Plano last year. With a goal of bringing the “AWS experience to Web3,” it's landed a new $66 million funding round and says it's nearing unicorn status—a designation for startups valued at $1 billion.
“Our vision is to provide a rugged, easy-to-use Web3 environment to build a more transparent, intelligent world,” CEO Zhenwu Shi says.
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by Kevin Cummings |
Jun 2, 2022
Instead of shipping a patient's blood to a lab for customized cell therapy, Lupagen does the procedure "in vivo," using a dialysis-like treatment at the patient's bedside. Now it's collaborating with Umoja Biopharma to use its drug-delivery tech to place targeted immunotherapies in patients.
“We're able to deliver different types of gene therapies in a closed system," Lupagen's CEO says, calling the tech a "bridge to the future."
“We're able to deliver different types of gene therapies in a closed system," Lupagen's CEO says, calling the tech a "bridge to the future."
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by Kevin Cummings |
Jun 1, 2022
In about 24 months, Plano-based Tentacle has grown from an "idea sketched out on a PowerPoint deck to a valuable enterprise application that's able to solve real problems," says founder and CEO Matt Combs.
Now a new investment by Providence Strategic Growth will help the cybersecurity startup expand both its functionality and market position, after a 105% surge in ransomware attacks and a 350% increase in social engineering attacks in 2021.
Now a new investment by Providence Strategic Growth will help the cybersecurity startup expand both its functionality and market position, after a 105% surge in ransomware attacks and a 350% increase in social engineering attacks in 2021.
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[Image: Minerva Studio/istockphoto]
‘Affecting Every Aspect of Our Society’: McKinney Startup Aims to Identify Mental Health Issues
by Kevin Cummings | May 31, 2022
Many who are diagnosed with a mental health condition had no idea the symptoms they suffered were related to mental health. McKinney-based Connected Mind aims to change that with technology that screens people for the most common types of mental health conditions.
“It's like being interviewed by a psychologist, but it's a computer,” says CEO and CTO Christian Lehinger.
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by Kevin Cummings |
May 31, 2022
Plus, Fort Worth-based Harvest Returns looks to raise $2.5 million; Sentiero Ventures invests in Geminus.ai; Frisco firm launches two ETFs on Nasdaq; and more North Texas deals.
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by Kevin Cummings |
May 26, 2022
Launched in 2014 out of Fort Worth's AllianceTexas development, Booster provides delivery of traditional and alternative fuels to fleets, corporate campuses, and retail properties.
The $125M funding round included a longtime Booster backer—Dallas-based venture capital firm Perot Jain.
The $125M funding round included a longtime Booster backer—Dallas-based venture capital firm Perot Jain.
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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 Kevin Cummings |
May 25, 2022
Dallas Venture Capital is "poised to bootstrap two large start-up ecosystems in the U.S. and India," says co-founder Dayakar Puskoor.
The venture firm—which has an office in Irving and another in Hyperabad, India—plans a combined deployment of the funds over four to five years.
The venture firm—which has an office in Irving and another in Hyperabad, India—plans a combined deployment of the funds over four to five years.
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[Photo: BILT Inc.]
Grapevine’s BILT Is Testing Its 3D Instruction App With the U.S. Military
by David Seeley | May 24, 2022
BILT has spent years helping consumers assemble BBQ grills, treadmills, and other products with its 3D interactive instructions app. Now—with millions in funding and contracts with the U.S. Air Force and Navy—it's hired a lobbying firm to help get the BILT app in the hands of America's armed services.
"They're hungry for innovation, and they're hungry for innovative ways to get around the traditional procurement process which usually blocks out small businesses," BILT's co-founder told Dallas Innovates.
"They're hungry for innovation, and they're hungry for innovative ways to get around the traditional procurement process which usually blocks out small businesses," BILT's co-founder told Dallas Innovates.
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by Kevin Cummings |
May 23, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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by Lance Murray |
May 20, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from the AT&T Performing Arts Center, DART, Aimbridge Hospitality, Acera, Fidelis Companies, The Rios Group Inc., Tech Titans, NEC Corp. of America, Texas Women’s Foundation, ATTPAC, LEARFIELD, and Hope Cottage.
Plus, Dallas ISD picks a lone finalist for superintendent.
Plus, Dallas ISD picks a lone finalist for superintendent.
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by Kevin Cummings |
May 19, 2022
The University of North Texas Health Science Center in Fort Worth wants to help launch the next batch of big ideas to shape the future of the industry.
Its Innovation Challenge accelerator program is open to members of HSC and to providers, employees, and residents within Fort Worth’s JPS Health Network. But hurry, applications are due May 30.
Its Innovation Challenge accelerator program is open to members of HSC and to providers, employees, and residents within Fort Worth’s JPS Health Network. But hurry, applications are due May 30.
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U.S. Patent No. 11,305,663 (Energy efficient hands-free electric vehicle charger for autonomous vehicles in uncontrolled environments) was assigned to General Electric Company
Dallas Invents: 135 Patents Granted for Week of April 19
by Quincy Preston | May 18, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Amera IoT's apparatus for creating and using quantum resistant keys, AT&T's dynamic edge computations for 6G or other next generation network, BNSF's remote device monitoring, Capital One's automated teller machine to issue a secured bank card, General Electric's efficient hands-free electric vehicle charger for autonomous vehicles in uncontrolled environments, University of Texas System's organ specific delivery of nucleic acids, Water Now's purification system with a centrifugal system and a frictional heater system, and more.
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by Kevin Cummings |
May 17, 2022
Dallas-based STEMuli was founded by CEO Taylor Shead to create a gamified 'metaverse' where kids can earn tokens and have fun while they learn. Piloted since last summer at Dallas Hybrid Prep, it's given both remote and in-class learning an avatar-packed boost.
Now, with a new $3.25 million seed funding round, STEMuli aims to expand its metaverse platform in schools nationally.
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by Kevin Cummings |
May 17, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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by David Seeley |
May 13, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Securonix, Gig Wage, Unleashed Brands, DFW Alliance of Technology and Women, Yooz, ROBOAMP, Communities Foundation of Texas, Tarleton State University, , New Western, Westmount, SMU, SBI, OncoNano, and more.
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