Startup

Consumer Product-Focused Investor Eyes Opportunities in Dallas

by | Apr 26, 2022
Pitted Ventures, a newly formed Utah-based growth capital firm backed by a family of support companies, has tapped a local leader to help it bridge funding gaps for brands while providing wraparound services to help those business grow to the next stage. With Dallas as a hub, it aims to make typical investments of $750K to $1.5M starting this summer.
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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-based Reveles Launches Platform to Eliminate Research Barriers and Expand Clinical Trial Access

by | Apr 20, 2022
Reveles' new DCT management platform broadens access to clinical trials by enabling patients to participate—without leaving their homes. The technology includes enabling eConsent from existing and potential patients; online video and audio between patients and healthcare providers; direct data collection including real-time data, compliance, and status view featuring eSource, eDiaries, devices, wearables, questionnaires, and surveys; and telemedicine tools.
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Dallas Invents: 129 Patents Granted for Week of March 22
by | Apr 20, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. 1A Smart Start's wearable transdermal alcohol sensor device; Agarik Sas' method for scheduling computer tasks; and Botsitter's remote monitoring, care, and maintenance of animals.
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Dallas-Based RecNation Secures $300M Credit Facility to Grow Its U.S. Footprint for Storing ‘Grownup’s Toys’
by | Apr 19, 2022
The leading owner, operator, and developer of RV and marine storage facilities has recently expanded with 30 locations across Texas and Florida, while making key leadership hires. Aided by the $300M facility led by Truist Securities and Citizens Bank, it plans to expand to an additional 150 locations over the next two years. "Now we are rolling," the company's founder, former CyrusOne CEO Gary Wojtaszek, told Dallas Innovates.
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Eosera Graduates from TechFW, CEO Joins Its Board
by | Apr 19, 2022
Fort Worth-based Eosera, a biotech startup specializing in innovative ear care products, has graduated from the TechFW accelerator and business incubator—and now its co-founder and CEO Elyse Dickerson is joining the nonprofit's board. Eosera continues to grow and is close to moving into a 40,000-square-foot facility.
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Australian Startup’s CEO Moves to Dallas to Lead Eight Global Offices

by | Apr 18, 2022
Willow, an Australian company creating "digital twins" of real-world smart infrastructure and real estate assets, announced that its Sydney-based co-founder and global CEO, Joshua Ridley, is relocating to North Texas to lead the company from Dallas.

“Texas is increasingly becoming a powerhouse for technology and innovation, with Dallas being of particular importance,” the company said.
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Follow the Money: D.R. Horton Acquires Public Water Resources Firm, Critical Start Raises $215M, Fort Worth Biotech VC Raises New Funds, and More
by | Apr 15, 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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Impact Ventures Raising $20M Dallas Inclusive Capital Fund to Make the Region a Hub for Diverse Entrepreneurs
by | Apr 14, 2022
“Entrepreneurs of color are over-mentored and undercapitalized. While others are saying, ‘Here’s a program or mentorship,’ we’ve been one of the first groups to say, ‘Here’s that, plus capital, to get you there,’” says Benjamin Vann, founder and CEO at Impact Ventures.
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‘Doing Good While Doing Well in Business’: Addison Consumer Analytics Platform Raises Funds to Help Nonprofits

by | Apr 13, 2022
HundredX, a data analytics firm that gives brands access to millions of “ethically sourced” consumer experiences, has landed a Series D round that brings its total funding to more than $80 million. Its big-name investors include billionaire Charles Schwab and Clark Hunt, the chairman and CEO of FC Dallas and the Kansas City Chiefs.
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Dallas Invents: 91 Patents Granted for Week of March 15
by | Apr 13, 2022
Dallas-Fort Worth ranked No. 12 for patents out of 250 metros. Patents granted include: 7-Eleven's tracking positions using a scalable position tracking system, Accenture's self-managed intelligent elastic cloud stack, and TMGCore's robotics employed in processes and systems for liquid immersion cooling, and more.
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‘Crushing It’: 17-Year-Old Dallas Twins Launch UPwords Apparel and Accessories Brand to ‘Bring Joy’
by | Apr 12, 2022
In the midst of what the CDC calls an accelerating teen mental health crisis, Sydney and Shea Hinckley's newly launched UPwords brand features a wide array of life-affirming messages.

Their e-commerce site offers caps that say "DO GOOD," a sweatshirt that reads "you are enough," a T-shirt that urges others to "see good in all things," and many other apparel, jewelry, and home goods items that aim to uplift with positivity.
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Dallas Crypto Infrastructure Firm Eyes Uplisting to Nasdaq
by | Apr 11, 2022
Applied Blockchain, an owner and operator of data center facilities used for mining crypto assets, filed plans with the SEC to uplist from the OTC Pink market to the Nasdaq Global Select Market in a move that could raise up to around $63 million.
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