Startup

Alphabet Startup and Walgreens Drone Delivery Service Takes Wing in Dallas-Fort Worth

by | Oct 20, 2021
Frisco and Little Elm are the first cities to get a new drone delivery service from Wing, a sister company of Google, and Walgreens. The partners will operate on-demand air deliveries that bring essential items straight to your door.
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Dallas Fintech Names Industry Heavyweights to Advisory Board After Oversubscribed $3.5M Seed Round
by | Oct 20, 2021
Dallas VC-turned-entrepreneur Joe Beard and financier Joel Radtke are innovating debt capital delivery at CollateralEdge.

It's a mission: The founders want to reduce the barriers for businesses to access lower-cost bank financing. By partnering with the banks, the founders can solve problems for all stakeholders with their tech solution that's backed by high-powered capital partners.
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Dallas Invents: 144 Patents Granted for Week of Oct. 5
by | Oct 20, 2021
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros. Patents granted include: Beauty Systems Group's medium for allocating sales commissions, Finch electronics' large vehicle signaling system, Orora Visual TX's apparatus for providing durable plant tags for horticultural organization, Aeris Communications' pair-the-plan system for devices, Avrio Genetics' chemosensory disorder trigger and management system, KidKraft's accordian-fold play structure with easy-up assembly device, and Trustie's methods for determining credibility at scale.
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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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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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The Water Cooler at Pegasus Park Gathers 15 New Tenants for Its Social Impact Hub in Dallas
by | Oct 14, 2021
The Water Cooler at Pegasus Park—the largest shared nonprofit space in Texas — is a place designed to accelerate impact, together.

From Big Thought to SVP Dallas to The Trust for Public Land, the 15 ‘exceptional nonprofits' were picked after an application process last summer. They’ll join Water Cooler's five founding tenants.
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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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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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Dallas Invents: 93 Patents Granted for Week of Sept. 28
by | Oct 13, 2021
Dallas-Fort Worth ranked No. 12 for patents out of 250 metros. Patents granted include: 7-Eleven's detection of shelf interactions using a sensor array, American Airlines' graph network model to determine a gate pushback time, Atense's virus immune computer system and method, AT&T Intellectual Property, Cricket Wireless LLC's method for detecting and acting upon a violation of terms of service, Texas Instruments' financial transaction system with sensors and tamper detection, and TMGCore's autonomous vehicle that can map a facility and navigate its way to a particular liquid cooling system.
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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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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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4 Dallas Innovators You Need to Know Today—and Why
Here's people from UT Dallas, NuVinAir, Caris Life Sciences, and Bottle Rocket who are making moves.
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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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