Startup

From left: Abidali Neemuchwala and Dayakar Puskoor [Photo: Dallas Venture Capital]

‘Cross-Border VC’: Dallas Venture Capital Raises $80M to Invest Alongside Its $50M India Fund

by | 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.
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Dallas Invents: 121 Patents Granted for Week of April 26
by | May 25, 2022
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Capital One's auto-recovery for software system, Caris' next-gen molecular profiling, Nice Ltd.'s automated scheduling assistant for a workforce management system, University of Minnesota and Smithsonian Institution's cryopreservation compositions and methods involving nanowarming, State Farm's dynamic auto insurance policy quote creation based on tracked user data, and more.
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Grapevine’s BILT Is Testing Its 3D Instruction App With the U.S. Military
by | 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.
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Follow the Money: Plano Telehealth Startup Raises $14.1M, Southlake VC Raising Two New Funds, Unleashed Brands Looks for a Buyer, Bishop Cider Buys Two Local Brewers, and More
by | 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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The UNT Health Science Center Is Launching Its Next Innovation Challenge

by | 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.
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Medical Device Startup Raising $2M for ‘Swiss Army Knife’ of Tourniquets
by | May 18, 2022
Compression Works, a medical device company founded by two military veterans, developed its innovative conical-bladder tourniquet for use by U.S. special forces in Iraq and Afghanistan back in 2008. Now it's expanding the device's use for EMS teams and fire departments in Dallas and other large U.S. cities, and raising $2 million to help fuel the company's growth.
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Dallas Invents: 135 Patents Granted for Week of April 19
by | 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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Dallas Startup Lands Funding to Expand Its ‘Educational Metaverse’ Nationally
by | 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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DI People: Federal Reserve Bank of Dallas, DallasNews Corp., JCPenney, Solo Brands, and More Make Leadership Moves

by | 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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Fort Worth Immunotherapy Startup Gets $1.8M Grant Ahead of First Clinical Trials
by | May 12, 2022
AyuVis, an immunotherapy startup, is set to get a $1.8 million Small Business Innovation Research grant from the Eunice Kennedy Shriver National Institute of Child Health and Human Development. The funding will support the pre-clinical research of its drug candidate to treat the second-leading cause of death in premature babies.

Founder Suchismita Acharya calls the timing "perfect."
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With $4M in Funding, Dallas Startup Aims to Streamline the Hiring Process
by | May 11, 2022
Dallas-based software startup HireLogic aims to improve the job interview process with its AI- and machine learning-powered platform, designed to help automate the screening process. Its CEO says he wants to help companies "gain insights from interview data to make faster, better hiring decisions."
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North Texas Startup Wink Lands Funding for Biometric Payment Processing

by | May 10, 2022
Plano-based Wink has landed a $2.85 million pre-seed funding rounding, exceeding its initial target of $1 million by almost $2 million. Billing itself as the “first zero-click camera checkout,” Wink uses voice and facial recognition technology to allow users to make purchases without inputting financial information on their digital devices.
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Dallas Invents: 124 Patents Granted for Week of April 12
by | May 10, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Alcon's three-lens intraocular lens system, Berg's treatment of cancer by continuous infusion of coenzyme Q10, BLH Ecology Concepts' process to produce nanoparticles, CubicPV's perovskite material processing, IBM's prototype creation based on analytics and 3D printing, Lintec of America's manufacturing of artificial muscle actuators, QORVO's packages for advanced antenna systems, and USAA's autonomous vehicle control system.
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NFL and PGA Stars Join $12.5M Raise for Plano-Based Workout Tech Startup
by | May 10, 2022
Plano-based digital fitness systems startup OxeFit has announced new funding from backers including PGA golfer Dustin Johnson and Los Angeles Rams cornerback Jalen Ramsey.

That brings OxeFit's total funding to more than $35 million, including existing backing from current and former Dallas Cowboys players Dak Prescott, Jason Witten, Dez Bryant, and Blake Jarwin.
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The Shadow CEO: Entrepreneur startup tips
The Shadow CEO:
Determining Startup Valuation
by | May 10, 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 8: Determining Valuation
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