Startup

New Age Capital Raises $25M for Debut Fund to Invest in ‘Historically Underfunded Founders’

by | Jul 14, 2022
Co-founded by Dallasite LaDante McMillon and Brooklyn-based Ivan Alo, New Age Capital has raised $25 million for its debut fund. Formed in 2016, New Age focuses on seed-stage rounds for startups with Black and Hispanic founders.

Looking ahead, New Age wants to be the “go-to institutional VC firm” in their space.
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Women of Innovation Dallas Startup Week 2022
Here’s What’s Happening at Dallas Startup Week’s Women of Innovation Summit
The Women's Innovation Summit during Dallas Startup Week celebrates women who transform their ideas and ambitions into a reality.

The summit, powered by Toyota Financial Services, features a dynamic group of leading visionaries to give all women in business greater insights and knowledge into the trends and possibilities of the future. The goal? To set women leaders up for success, says Toyota's Stacey Gee-Miller. Here's what you can look forward to on August 10.
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Dallas Invents: 113 Patents Granted for Week of June 14
by | Jul 13, 2022
Dallas Invents is a weekly look at U.S. patents granted with a connection to the Dallas-Fort Worth-Arlington metro area. Listings include patents granted to local assignees and/or those with a North Texas inventor.
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Dallas Invents: 112 Patents Granted for Week of July 5
by | Jul 13, 2022

Dallas-Fort Worth ranked No. 12 for patent activity out of 250 metros.

Patents granted include:
Knomadix's dynamic number board game for adaptive learning
Pro Star Energy Solutions' energy-reducing retrofit apparatus for a constant volume HVAC system
Texas Scientific Products' analytical nebulizer
7-Eleven's network-enabled fuel dispensing system
AT&T's aggregation of application and systems for services for 6G or other next-generation network
• Easybaby Products' safety gate
Honeywell International's worker monitoring system
Red River Tea Company's still beverage brewing method
Toyota's adaptive headlights

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Horned Frog Investment Network Aims to Boost Deal Flow in Fort Worth and Beyond

by | Jul 12, 2022
The Horned Frog Investment Network—which launched earlier this year through TCU's Neeley School of Business—aims to fund startups across the country and lift up Fort Worth's entire venture funding ecosystem.
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Bitewell Launches its ‘Healthy Eating Ecosystem’ in Dallas
by | Jul 12, 2022
Bitewell—which has already served about 5,000 subscribers in a months-long pilot—is officially launching its personalized meal planning app in the Dallas area. The platform helps users make healthy eating decisions when eating out or dining in. After launching in Dallas with backing from several seed funders, it plans to expand to cities like Chicago in the future. “Our mission as a business is to make healthy eating simple and accessible for all,” says Bitewell co-founder and CMO Samantha Citro Alexander.
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Dallas Startup Quiltt Emerges from Stealth to Help Businesses Build Their Fintech Infrastructure
by | Jul 11, 2022
Quiltt, a low-code financial tech platform that "lowers technical barriers for innovators," announced its beta launch for other startups and small businesses. The company closed a $4 million seed funding round earlier this year. “Quiltt's vision is to make fintech development more accessible so that more growing businesses and startups can create seamless experiences for their customers,” says Ruben Izmailyan, Quiltt co-founder and CEO.
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Biz Workshop: Texas Innovation Commercialization Lab Helps With Customer-Driven Strategy to Product Development
Want to map your innovation-to-market commercialization path or apply for federal money through the $4 billion America's Seed Fund program? Or maybe you're an entrepreneur seeking to validate your customer's needs. The Texas SBDC Technology Commercialization Center wants to help.
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At the Fourth Annual iC3 Life Science Summit at UT Arlington on Oct. 10, 2017 recipient Lyda Hill will present the award. To register for the summit, visit www.bionorthtx.org. [Illustration: bestbrk/istockphoto]

Dallas-Fort Worth Makes List of Top 20 Life Science Metros

by | Jul 8, 2022
See how the region ranked.
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CompTIA: Despite Tech Job Postings Declining, Metro Dallas Holds Onto Its No. 3 Spot
Despite turmoil in the markets and layoffs making headlines, the tech job market remains relatively strong in Dallas, according to a new report.

Across the country, technology companies added 20,300 net new workers in June, marking the 19th consecutive month of growth, according to nonprofit CompTIA’s latest Tech Jobs Report. And among metros, Dallas ranks among the top three for new job postings, though the number of new jobs added month-over-month has declined.
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DI People: DART, UT Arlington, PepsiCo, Nanoscope, Magellan Health, and More Make Leadership Moves
by | Jul 8, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Integrity Marketing, Tauro Capital Advisors, Draper Richards Kaplan Foundation, Ashton Woods, Cariloop, EisnerAmper, Mosaic, Gore Range Capital, One Day, and others.

You'll also find CDFI Friendly Fort Worth's first board appointments, Texas Women's Foundation's newest board members, and North Central Texas Council of Government's new president.
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Steve Dennis
The Last Word: Steve Dennis on his ‘Remarkable Retail’ Podcast and Why You Should Buckle Up for What’s Coming
by | Jul 7, 2022
In the preview for Season 5 of Dennis' podcast "Remarkable Retail: How to Win and Keep Customers in the Age of Disruption," he tells us to buckle up—and buckle up good.  "Things are only going to get tougher as retailers face escalating competition and increasing macroeconomic headwinds," Dennis predicts.
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First Look: Waymo’s New Self‑Driving Trucking Hub Opens in Lancaster

by | Jul 6, 2022
Waymo's new hub—built from the ground up—is a $10 million investment in Lancaster that will bring "hundreds of jobs" to the community, a Waymo exec announced at its opening last week.

"This operation and Waymo's investment in the region further cements Dallas-Fort Worth as the home to autonomous vehicles in the U.S.," added Duane Dankesreiter, SVP for research and innovation at the Dallas Regional Chamber.
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Dallas Invents: 138 Patents Granted for Week of June 7
by | Jul 6, 2022
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include Amazon's authorization orchestration for distributed systems, Bank of America's system for real-time mining of data in test and development environments, Capital One's visual inspection support using extended reality, Toyota's smart realtor signs synchronized with vehicle, and more.
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Report: Dallas is No. 1 in Small Business Employment and Earnings Growth Among U.S. Metros
by | Jul 5, 2022
Small business employment growth is booming in metro Dallas and Texas, with both ranked No. 1 on the Small Business Employment Watch report from Paychex and HIS Markit. Metro Dallas took the top spot among other metro regions across the U.S. in both small business employment growth and hourly earnings growth.
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Frisco Student Loan Startup Meritize Gets New Funding, Aims to Change the Way Access is Provided
by | Jun 30, 2022
Meritize CEO Chris Keaveney, in a previous stint as a student loan credit officer, saw that "educational finance was really not student lending—it was family lending. And the loans were really made to prime and super-prime co-signers."

Meritize provides an alternative to the traditional way of securing an educational loan, he says. The platform looks at a person's "potential to succeed," providing options that can help get workers trained and placed in a variety of industries.
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