Startup

United Way of Metropolitan Dallas Awards $1M in Health Innovation Technology Prize Funding

by | Oct 19, 2021
Five local winners received up to $200,000 in funding to activate their solutions throughout North Texas.
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Meet the Finalists of RevTech’s First Brand Launchpad Pitch Competition This Friday
by | Oct 19, 2021
Here's who will be vying for the $50,000 prize at the Dallas-based venture capital fund's first-ever pitch competition, which aims to find the next emerging retail technology concept.
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Richardson Launches New Office of Innovation & Placemaking Initiatives
by | Oct 19, 2021
The office will focus on redevelopment efforts in priority areas throughout the city—including the West Spring Valley Corridor, the Richardson CORE District (downtown, Richardson Heights and Lockwood), and the recently created Richardson Innovation Quarter, also known as The Richardson IQ.
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Dallas’ Vigilant Software Launches Verify Labeling Platform for Hospital ICUs Overwhelmed by COVID
by | Oct 19, 2021
Many hospitals overwhelmed by the pandemic have dealt with patient medication labeling the old-fashioned way—with quickly scrawled, handwritten info taped to syringes and IV bags. Vigilant's new platform improves patient safety and medication workflows, reducing time spent managing infusion lines so the focus can remain on the patient.
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Dallas’ Sole Source Capital Raises $555M for Its Second Industrial-Focused Fund

by | Oct 13, 2021
With the "significantly oversubscribed" fund round, Sole Source now has over $1 billion under management. It's already made investments in three portfolio companies through the new fund: Dallas Plastics, Peak Technologies, and I.D. Images. Founder and CEO David Fredston says his firm's "investment process and commitment to human capital can deliver great results."
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Texas-Based GP Capital Partners Launches $275M Small Business Fund—With a Key Focus on Texas Companies
by | Oct 13, 2021
Structured as a Small Business Investment Company (SBIC) through the U.S. Small Business Administration, the fund aims to fuel the growth of privately held, lower middle market businesses in the southern U.S.—with a particular focus on businesses in Texas and the Gulf Coast.
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Founder capital in Dallas Fort Worth
6 Dallas Private Equity Firms Make Inc.’s ‘Founder-Friendly’ Investor List
by | Oct 13, 2021
The Dallas firms are among 14 Texas shops "that founders will love" on Inc.'s 2021 list of private equity and venture capital firms.

Inc.'s list of 146 founder-friendly investors is its biggest yet.
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Plano’s AmplifAI Closes $18.5M in Series A Funding to Boost Its People Enablement Platform
by | Oct 13, 2021
AmplifAI aims to continue shaping the future of work with its AI-driven employee enablement platform for people-centric enterprises—a category that the team says it created and continues to define.
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Signature Biologics President and COO Chloe Bailey

Irving-Based Biotech Joins Rare Disease Company Coalition to Support Innovation in Life Science

by | Oct 12, 2021
Rare is not that rare, says the RDCC. One in ten people lives with a rare disease, and the new coalition will unify life science companies dedicated to developing treatments. The goal? To inform policymakers of the unique challenges in the space.

Signature Biologics joins Dallas-based Taysha as a member of the RDCC.
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High-Tech U.K. Bar Concept Electric Shuffle Is About to Slide Into Deep Ellum
by | Oct 8, 2021
Fresh from the London Bridge and Canary Wharf in London, the chain of bar-eateries "reimagines" shuffleboard with "unparalleled vision technology" for an immersive, highly social experience. Get your wrists ready for craft cocktails, pizza, munchables, and—most importantly—shufflin' your puck down the board.
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Former RedBird Capital Partner Launches Braemont Capital, a New ‘Relationship-Driven’ Equity Firm
by | Oct 8, 2021
Robert Covington, a former partner at RedBird Capital Partners, announced the launch of Braemont Capital, a new relationship-based investment firm with offices in Dallas and New York City.

The new firm will focus on defensive growth niches in both enterprise and consumer end markets, typically investing between $25 and $200 million of equity capital.
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Dallas-based MLTPLY Launches to Help Insurtech Startups Get Off the Ground—Fast
by | Oct 8, 2021
The new investment and accelerator platform wants to help seed-stage companies "cut through red tape"— and get to market up to 18 months sooner than they would on their own.
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Richardson-based BUiLT Turns One and Pushes Forward in Its Diversity-in-Tech Mission

by | Oct 6, 2021
Last week, BUiLT International celebrated its one-year anniversary as a non-profit organization working to advance the representation and participation of Black people in tech. Peter Beasley, the founder of the organization, was voted back as Chairman of the Board for another year. 
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The Shadow CEO:
Early-Stage Insights for Entrepreneurs
by | Oct 6, 2021
Entrepreneur, investor, and corporate governance authority Dennis Cagan kicks off a new series on seldom-taught things an entrepreneur needs to know about equity and governance, before making needless mistakes.

Part I: Getting the right advice
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Dallas-based Adyton Launches Mustr App to ‘Revolutionize’ How Critical-Mission Military Teams Operate
by | Oct 6, 2021
Adyton was founded in 2018 by two U.S. Army special forces veterans. Their "mobile technology with a mission" aims to pull actionable information in real time from critical-skill military teams—from the lowest first-line supervisor all the way up to the commanding officer.
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Dallas Invents: 127 Patents Granted for Week of Sept. 21
by | Oct 5, 2021
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: AbTech Industries' evaporation apparatus for treating waste water, Assa Abloy's remote loading dock authorization systems and methods, IBM's drone station marketplace, Safepass' digital badge, and Toyota's subscription-based smart refueling.
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