Startup

Follow the Money: Dallas Mavericks Players’ Web3 Startup Raises $26M, Mark Cuban Invests in Sensor Startup, and More

by | Jun 13, 2022
Plus, Fort Worth-based BNSF Railway raises nearly $1B; TPG's The Rise Fund among investors in International Medical University; Fort Worth hydrogen storage solutions startup lands equity investment; McKinney's StatLab Medical Products acquires U.K.-based CellPath; and more North Texas deals.
MORE
DI People: Toyota North America, Six Flags Corp., Logicalis, OncoNano, RAVE Restaurant Group, and More Make Moves
by | Jun 10, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Catalyze Dallas, Flexport, Oceans Healthcare, Costar Technologies, TXOne Networks, North Texas Food Bank, Holt Lunsford Commercial, and others.
MORE
Dallas Invents: 129 Patents Granted for Week of May 10
by | Jun 8, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Alcon's intraocular lens injector, Balanced Media Technology's platform for collaborative processing of computing tasks, Bank of America's user authentication using tokens, Booster Fuels' refueling vehicle, Brius Technologies' teeth repositioning, and more.
MORE
After Quietly Moving Its HQ to DFW, OrangeGrid Sees Growth in Mortgage Loan Servicing Business
by | Jun 7, 2022
With around $15 million in funding to date, Flower Mound-based OrangeGrid is on a mission to rid the mortgage loan servicing industry of the need for emails and spreadsheets. Its no-code platform allows users to create automated workflows across different software systems, especially in highly regulated industries, and bring them into a single dashboard.  

Why did the startup move from California to Dallas-Fort Worth? "Essentially, DFW is the mortgage servicing capital of the country," CEO Todd Mobraten told us.
MORE

Self-Driving Truck Startup Gatik Will Deliver Goods Autonomously to 34 DFW Sam’s Clubs

by | Jun 7, 2022
Until now, most autonomous delivery pilots have involved 18-wheelers driving on highways between cities. Gatik's new commercial partnership with Georgia-Pacific and KBX involves smaller loads: It's "the first time that Class 6 autonomous box trucks have been deployed" to disrupt the Class 8 semi-truck short-haul network, the startup said.
MORE
Ascent Solutions To Launch a Global Cybersecurity Think Tank in Cypress Waters
by | Jun 6, 2022
Minneapolis-based startup Ascent Solutions recently announced it has chosen Cypress Waters in Coppell for its new 33,000-square-foot "cybersecurity epicenter." The center will house secure areas for cyber investigation, automation, and intelligence. But it will also feature a nationally scaled cyber apprenticeship program and serve as a think tank to drive thought leadership in the industry.

CEO JD Harris tells Dallas Innovates the center will be a place for "cyber professionals to gather to share important ideas, pilot critical technologies, and test many new security processes, systems, and workflows."
MORE
DI People: City of Frisco, SMU, UNT, CBRE, Aero Design Labs, Invited, T.D. Jakes Foundation, and More Leadership Moves
by | Jun 3, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from The DEC, American Airlines, Perimeter Medical, BRIX, NEC Corp. of America, Valor, Vizient, Apty, DHA Housing Solutions for North Texas, Southwest Airlines, Nanoscope Therapeutics, TimelyMD, and Thryv Holdings.
MORE
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 | 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.
MORE

Dallas’ Lupagen Aims To Change the Way Cancer, Other Disorders Are Treated

by | 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."
MORE
Plano Information Security Startup Raises New Funds Amid Growing Global Threats
by | 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.
MORE
Dallas Invents: 113 Patents Granted for Week of May 3
by | Jun 1, 2022
Dallas-Fort Worth ranked No. 13 for patents out of 250 metros. Patents granted include: Amazon's container capacity detection in sortation systems, American Airlines' demand forecasting systems and methods utilizing prime class remapping, Capital One's multi-lender loan management system, Finish Time Holdings' athlete tracking system, Purewine's beverage filtration device, Samsung's virtual tracking or registration areas for non terrestrial networks, Solo Brands' cooking utensil, and AT&T's remote configuration of scalable datacenter.
MORE
‘Affecting Every Aspect of Our Society’: McKinney Startup Aims to Identify Mental Health Issues
by | 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.
MORE

Fuel Delivery Startup with Fort Worth Ties Lands $125M to Push for Renewable, Alternative Options

by | 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.
MORE
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.
MORE
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.
MORE
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.
MORE