Startup

Follow the Money: Backflip Lands $35M Funding Package, TPG’s Impact Arm Is Raising New Fund, Mark Cuban Makes Two Investments, and More

by | May 6, 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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DI People: Match Group, Island, UT Southwestern, BBG, and More Announce Leadership Moves
by | May 6, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Techstars Physical Health Fort Worth Accelerator, Divurgent, IKS Health, Invitation Homes, Comerica, New Friends New Life, Lennox, Trademark Property, Golden State Foods, and Catapult Health.
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Capital Factory Opening Center for Health Innovation at Pegasus Park in Dallas
by | May 5, 2022
The Austin-based accelerator and investor plans to launch its Center for Health Innovation at Pegasus Park in Dallas by end of 2023. Its goal: connecting startups locally and across the state with each other, as well as other corporate and research players in the space.

“We're in the business of erasing boundaries in Texas—full stop,” President and Co-Founder Bryan Chambers told Dallas Innovates.
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UTD Team’s Wearable Sweat Sensor Can Detect Key Biomarkers of Infection
by | May 5, 2022
A team of UT Dallas bioengineers in collaboration with Allen-based EnLiSense designed the device, which uses an electrochemical biosensor to detect two key biomarkers of infection. The sensor could be a "significant step" toward early detection of infections like COVID-19 and the flu. "We have built a technology to unlock and explore the latest frontier in sweat diagnostics," said Dr. Shalini Prasad, who heads up the UTD team and is a co-founder of EnLiSense.
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Digital Seat Media Aims to Expand Beyond the Stadium as it Eyes New Funding

by | May 3, 2022
The Fort Worth-based startup already engages with fans at college and NBA games and PGA Tour events. Now, as it raises a $5 million funding round to accelerate its growth, it's seeking to move beyond sports contests and into big concert events, a Digital Student service, and even suicide prevention.

Dallas Innovates talked to Co-Founder and CEO Cameron Fowler about his vision for his technology as an "all-in-one solution."
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The Techstar team briefed the Fort Worth City Council on the new accelerator program Tuesday. [Courtesy photo]
Techstars’ Fort Worth Program Puts Out Last Call for Applicants Ahead of Fall Accelerator
by | May 3, 2022
The Techstars Physical Health accelerator has an application deadline of May 11 for its 13-week program this fall, where 10 companies will be eligible to receive up to $120,000 in seed funding capital from the University of North Texas Health Science Center at Fort Worth and Goff Capital, in addition to mentorship and programming.
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Follow the Money: Trive Capital Raises Nearly $2B, Securonix Adds Investors to its $1B+ Funding Round, Cardinal Midstream Partners Launches with $300M Investment, and More
by | May 2, 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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DI People: AT&T, LaunchBio, Texas A&M, Thryv, PeopleFun, Eyelit, LTK and More Announce Leadership Moves
by | Apr 29, 2022
In this week’s roundup of 25 hires, promotions, and accolades in North Texas, you’ll also find news from Bottle Rocket, Texas Health Aetna, Trinity Metro, Mitel, State Fair of Texas, Baylor Scott & White Health, Dallas Afterschool, Mitel, Talus Pay, Globe Life, PHP Agency, and Texas Security Bank.
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SMU Lands One of its Largest Gifts Ever to Fund Entrepreneurship

by | Apr 28, 2022
William Spears, founder and CEO of Dallas-based sustainability solutions firm Cenergistic, has given SMU the largest donation from a non-alum in its more than century-long history.

The gift will be used to set up the William S. Spears Institute for Entrepreneurial Leadership within the Cox School of Business, as well as the Spears Accelerator, to help get student- and faculty-formed businesses off the ground, and other entrepreneur-supporting efforts.
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‘Thinking Big to Succeed’: EY Names 46 Entrepreneur Of The Year Finalists for 2022
by | Apr 28, 2022
A panel of judges selected the finalists: 46 entrepreneurs and leaders of 41 high-growth companies "who think big to succeed" and have shown that "ambition, courage, ingenuity, and empathy are key to driving change."
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Dallas Invents: 142 Patents Granted for Week of March 29
by | Apr 27, 2022
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros. Patents granted include: AT&T's media content distribution system, Bank of America's AR dynamic authentication for electronic transactions, DJO's personalized image-based guidance for energy-based therapeutic devices, Ed Tucker Distributor's starting device for a motorcycle, Huawei's wireless battery charging with improved efficiency, and PACCAR's methods for providing augmented reality support for vehicle service operations.
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Logistics Unicorn Launches Dallas Micro-Fulfillment Center for On‑Demand Retail
by | Apr 26, 2022
At its new Dallas MFC, New York-based unicorn Fabric will combine "intelligent robotic fulfillment" with local last-mile operations to "redefine how supply chains work." The company runs MFC operations for grocery and consumer brands throughout the U.S. and Israel. The first company to launch in its Dallas MFC is Chill Brands, a CBD products lifestyle startup.
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UTD Team Develops Rapid Virus Test That’s ‘150 Times More Accurate’—and They’ve Launched a Company to Commercialize It

by | Apr 21, 2022
A team of UT Dallas bioengineers has developed a rapid test for viruses that delivers results as accurate as PCR lab tests within 30 minutes. The test works by attaching gold nanoparticles to antibodies against the virus being tested, then scanning them with two lasers.

Three months after winning the grand prize at the MassChallenge North Texas pitch competition, the team's leader, Dr. Zhenpeng Qin, is working to commercialize the technology through a new company, Avsana Labs.
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zogo and Apex team up on next-gen financial literacy
Dallas ‘Fintech for Fintechs’ Teams Up With Texas-based Zogo for Bite-Sized Financial Literacy
by | Apr 20, 2022
“Millennials and Gen Z are reinventing investing," says Zogo founder Bolun Li. The company's next-gen financial education takes a Gen Z approach to covering financial literacy—gamification.
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Dallas Founder Raises $2.3M to Protect Companies From Their Biggest Cybersecurity Threat: Their Own Employees
by | Apr 20, 2022
Launched in 2019 by founder and CEO Tiffany Ricks, HacWare helps train employees to prevent themselves from being the target of an attack.

HacWare's technology integrates with a company's Google Workspace or Office 365 software, sending out simulated attacks to help the business understand the risks in its system—and which individual employees may be more likely to engage with a phishing attempt.
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