Startup

Dallas Invents: 99 Patents Granted for Week of Jan. 25

by | Feb 22, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Accenture's virtual objects in 3D environments, American Security Products' physical article exchange using a smart safe, Arm Ltd.'s tracking events of interest to mitigate attacks, Bank of America's interbot communication, BNSF's railroad virtual track block system, Capital One's payment card with removable insert and identification elements, Intellective AI's anomalous stationary object detection and reporting, Reliant Immune Diagnostics' code trigger telemedicine session, Siemens Healthcare's next-gen MRI spine evaluation, and Textron Innovations's stowable wing aircraft with dual, fuselage-mounted engines.
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The Techstar team briefed the Fort Worth City Council on the new accelerator program Tuesday. [Courtesy photo]
Public-Private Partners Bring Global Investment Platform Techstars to Fort Worth, Name Managing Director
by | Feb 22, 2022
Trey Bowles, a longtime startup champion in DFW, will helm Fort Worth's Techstars physical therapy-focused accelerator.  "It's a big win for the region," Bowles says. "Customers and capital are the things that help startups grow." 

Techstars Physical Health Fort Worth is the first accelerator for Techstars in North Texas—and the "first true accelerator in Fort Worth," says HSC's Cameron Cushman, a key player in attracting the program.
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DI People: Addverb, Renibus Therapeutics, Denton EDP, Fort Worth Executive Roundtable, RumbleOn, and More Make Moves
In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from VERTESS, Mr. Cooper, Active Cyber, EarthX, SWK Holdings, and more.

Plus, Fort Worth Mayor Mattie Parker makes an appointment to the city council's Entrepreneurship and Innovation Committee.
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Boss Women Media Founder Launches ‘Empowering’ Kids Clothing Brand
by | Feb 17, 2022
Elle Olivia is a newly launched kids clothing e-commerce brand, named in honor of McDonald's little daughter. "This brand is a way for me to encourage her and other young girls of color to reach for the stars and know that they can dream as big as they want to," McDonald says.
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Farms of the Future: Alphabet-Backed Vertical Farming Startup Plans New Site in Arlington

by | Feb 16, 2022
New York-based Bowery Farming is a vertical farming startup that aims to lead "the next generation of agriculture." Valued at $2.3 billion and backed by Alphabet's VC investment arm GV, it will create 100 jobs at its new indoor farm in Arlington—where software, sensors, and machine learning will help things grow.
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With New Funding and CEO, This Southlake Biotech is Looking to Solve Kidney Disease
by | Feb 16, 2022
Renibus Therapeutics, which focuses on treatments for acute and chronic kidney diseases, announced closing a $35 million Series A funding round. Its new CEO, Frank Stonebanks, says "Renibus has arrived at a critical inflection point in its commitment to transform the prevention and treatment of kidney diseases."
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Fueled by a $132M Series B Raise, Indian Automation Startup Expands to North America with Frisco Offices
by | Feb 16, 2022
Addverb produces around 10,000 robots a year at its Noida, India, manufacturing facility. Now Addverb's CEO has a mission for his robots: to help address pandemic supply chain disruptions in the U.S.
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Dallas Invents: 81 Patents Granted for Week of Jan. 18
by | Feb 16, 2022
Dallas-Fort Worth ranked No. 14 for patents out of 250 metros. Patents granted include: AiBUY's interactive product placement system, Amazon's computing management using multiple latency options, Astrapi's polynomial symbol waveforms, Robomart's one-tap/command grocery ordering via self-driving mini marts and seamless checkout-free tech, SpeedChain's systemized blockchain reconciliation in a hybrid distributed network ecosystem, Toyota's identifying changes in the condition of a transport, and Walmart Apollo's air-cooled ammonia refrigeration systems.
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‘Driving Nannies’: Tech-Enabled Rideshare Service for Kids Ramps Up in Dallas

by | Feb 14, 2022
FamTech entrepreneur Rebecca Lock is bringing Kidcaboo to Texas. Designed for busy parents, the children's transportation service has expanded to Dallas, Houston, and Austin.
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The Shadow CEO:
Equity Beyond Stock Options—Restricted Stock and More
by | Feb 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 6: Restricted stock and more
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Globe-Trotting Crusts: BreadEx Relaunches, Delivering Artisan International Breads to Dallas-Area Doors
by | Feb 10, 2022
BreadEx Founder and CEO Uma Iyer sliced into the bread biz early in the pandemic, when her Plano pastry shop Tart-a-Licious struggled amid lockdowns. She delivered artisan breads directly to homes, with proceeds benefiting laid-off restaurant workers. After launching BreadEx as a Tart-a-Licious sideline later in 2020, she slowly grew its services. Now she's relaunched BreadEx as her sole focus—aiming to be the FedEx of bread, one door at a time.
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Dallas Innovators_DI People: Movers and Shakers in Dallas Fort Worth
DI People: Aerwave, Match Group, Fluor, TrailRunner, Unleashed Brands, and More Make Moves
by | Feb 9, 2022
In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from Katapult, Enseo, VERTESS, BioNTX, CollateralEdge, Highwire Ventures, Breachquest, Akorbi, Women's Foodservice Forum, and more.

Plus, Women's Foodservice Forum announces new board members.
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Dallas Bill Payments Platform Emerges From Stealth With $4.5 Million in Funding

by | Feb 9, 2022
Highline's platform reimages "the broken bill payment system." To avoid customers' overdrafts and build their credit, the fintech links bill payments directly to their payroll platforms, rather than their bank accounts.
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Dallas Invents: 82 Patents Granted for Week of Jan. 11
by | Feb 9, 2022
Dallas-Fort Worth ranked No. 13 for patents out of 250 metros. Patents granted include: ATT's automated equipment tracking for service technicians, Gemmy's wall lamp with lighting effect resembling peacock feather spreading, IBM's response collaboration among multiple artificial intelligence (AI) systems, Securus' virtual reality services within controlled-environment facility, State Farm's method for identifying locations with lifestyle preferences, Swirlds' distributed database that enables deletion of events, TI's power-efficient LIDAR, and Verizon's traffic monitoring systems and methods.
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Bioplastic Product Startup lands $3.25M Seed Round
by | Feb 8, 2022
Two former SMU golf teammates hated paper straws—and got to work. In 2020, the duo launched PlantSwitch, a B2B business offering plastic alternative products with just three clients. Since then, the company has grown fast, adding D2C business and hundreds of clients that include distributors such as Sysco and Ben E. Keith.
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Dallas’ Jaunt Air Mobility Advances in AFWERX HSVTOL Challenge With MAV 55
by | Feb 8, 2022
Jaunt is one of only 11 companies out of 200 entrants to get a next-stage investment from the High-Speed Vertical Take-Off and Landing Concept Challenge. Its solution, the MAV 55, uses a patented slow rotor technology that delivers a lift-to-drag ratio up to five times better than a helicopter—and ultra-low noise that's "practically imperceptible" when flying.

Beyond defense, the startup founded in 2019 is also building commercial eVTOL aircraft that can move both people and packages.
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