Startup

The Shadow CEO:
Some Basics About Equity Distribution for Entrepreneurs

by | Jan 11, 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 5: Equity distribution techniques
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Arun Gupta
Richardson’s Skyven Raises $6.5M in Oversubscribed Seed Round and Grants for Its Clean Tech
by | Jan 11, 2022
The energy-as-a-service company aims to reduce industrial emissions through AI and an IoT platform that identifies areas to lower fuel consumption.
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Grapevine’s Car Capital Secures $150M Credit Facility and $6M+ Equity Investment
by | Jan 11, 2022
Secured from funds managed by Fortress Investment Group affiliates, the moves will fuel "significant and continued" future growth for the company. Its Dealer Electronic Auto Loan System (DEALS) allows dealer partners in 12 states to instantly approve 100% of their customers, no matter their credit history.
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Plano-Based MediLynx Rolls Out PocketECG That Intelligently Monitors the Heart—Remotely
by | Jan 11, 2022
The newly patented mobile cardiac monitor from MediLynx can stream an entire, continuous ECG signal to a physician or monitoring center.

The signal is processed in the cloud "in near real-time by a super-deep convolutional neural network with over 100 layers."
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‘The CliffsNotes of the Courthouse’: Fort Worth-Based Tracts and Austin’s Enverus Release TitleNotes

by | Jan 10, 2022
The new property rights solution "distills" deeds, leases, and other court documents from 1,700 words to 40 or less. That can help oil and gas firms and residential developers to quickly and efficiently determine ownership rights—so they can make the deal while others are still wading through data. We talked with Tracts' co-founder and CEO about his startup—and how it aims to "disrupt title as a whole."
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Cart.com Buys Dallas-based FB Flurry, Tripling Fulfillment Footprint and Enabling Next Day Delivery to Majority of US
by | Jan 10, 2022
Fast-growing Texas-based Cart.com acquired FB Flurry, which uses advanced tech to support "high-SKU" clients. Founded in 2018 by serial entrepreneur Jeff Zisk, Flurry was named a Top 3PL this year by Multichannel Merchant.
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DI People: Dallas Fed, Container Store, McKinney EDC, Pizza Hut, GM Financial, and Others Make Moves
by | Jan 7, 2022
In this week's roundup of hires and promotions in North Texas, you'll also find news from TechFW, Caris Life Sciences, Howell Instruments, KonaTel, CollateralEdge, NTCAR, and more. Plus: Governor Abbott appointed 5 North Texans to the Private Sector Advisory Council.
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Dallas No. 2 in Tech Job Postings Per Latest CompTIA Report
by | Jan 7, 2022
In addition to overall tech job postings, those for remote and work-from-home positions increased across U.S. metros. The top posted remote/WFH positions were software developers (No. 1) and IT support specialists (No. 2).

Plus: You'll find the top 10 U.S. employers by tech jobs postings.
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North Texas-Based Hedera Helps Boost Long-Distance Drone Safety in U.K. Trial

by | Jan 6, 2022
The public ledger consensus service from Richardson-headquartered Hedera helped “gather, store, and order” millions of data points in the trial, which was sponsored by the U.K. government. Working with London-based aviation tech firm Neuron Innovations, Hedera helped advance the case for the safe sharing of long-distance airspace by commercial, military, and government drones.
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Sole Source Capital Portfolio Company More Than Doubles in Size With Three Acquisitions
by | Jan 5, 2022
The announcement continues a strong run for the Dallas-based industrial-focused PE firm. In October, Sole Source Capital was named a 2021 Inc. "Founder-Friendly" investor and raised $555 million in its second fund.
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Metrospaces Launches Beta Version of Its MetroCrowd Proptech Platform
by | Jan 4, 2022
Metrospaces, a proptech company powered by Dallas-based Shokworks, launched a beta version of its MetroCrowd platform today. The blockchain-powered tokenization platform is designed to "democratize" the real estate investing process, according to the company.
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Dallas-Based Alto is Going 100% Electric as It Expands to Washington D.C. and Silicon Valley
by | Jan 4, 2022
Six months after a $45 million Series B raise, Alto will be a coast-to-coast company by end of this month. It now aims to transform its fleet of owned rideshare vehicles to 100% electric by the end of 2023, with a network of EV Ops Centers keeping them charged, maintained, and ready. The first center is being built now near its Dallas HQ.
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Dallas Invents: 91 Patents Granted for Week of Dec. 14

by | Dec 29, 2021
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Air Distribution Technologies' variable air volume diffuser, Dell's apparatus for generation of a time-based one-time password for session encryption of sensor data gathered in low-performance and IoT environments, PD Golf's detecting lower body positions, movements, and sequence in golf swing training, Raytheon's bus monitoring system for detecting anomalies indicative of malfunctions or cyber-attacks, SmartDrive's autonomous vehicle operator performance tracking, UATP IP's wearable RFID device, and Zooz Bikes' electric bike.
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Dallas Invents: 113 Patents Granted for Week of Dec. 7
by | Dec 22, 2021
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: AT&T's connection management service, Capital One's AR vehicle search assistance, Toyota's automated crowd sourcing of road environment information, USAA's anonymizing transaction information, Walgreen's window guard for cosmetic products, and more.
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ICYMI 2021: The Q4 Archive
You’ve found Dallas Innovates’ archive of news briefs from October to December 2021.
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Raising the Woof: Plano-Based Halo Completes Series B with $400M Valuation
by | Dec 20, 2021
Co-founded by Cesar Millan and two IoT-pioneering brothers, the startup sells the Halo Collar—a dog collar that stores up to 20 GPS wireless smart fences, with dog-training tech built in. Founded in 2018, the company has raised around $25 million to date, mostly through this latest Series B. According to Millan, "This funding will accelerate our mission of no more lost dogs, while at the same time, allow more dogs to follow, play, and explore every day."
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