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Startup
When Dallas-area businesses want to build their brands—or find investors—celebrities are the go-to move. From pop culture stars to sports legends with deep pockets, here's a roundup of recent deals and endorsements.
Stars Do Dallas: How 11 Celebrity Deals and Endorsements Are Building Local Brands
by David Seeley | Jun 28, 2021
When Dallas-area businesses want to build their brands—or find investors—celebrities are the go-to move. From pop culture stars to sports legends with deep pockets, here's a roundup of recent deals and endorsements.
by Alex Edwards |
Jun 28, 2021
When Alto initially joined the ride-hailing industry in 2018, it wanted to take a different approach by hiring its drivers as W-2 employees and operating its own branded, luxury vehicles. With the new capital, the local startup plans to continue innovating by transitioning to a 100 percent electric fleet by the end of 2023.
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by David Seeley |
Jun 24, 2021
The startup, which has its U.S. headquarters in Plano, had a successful IPO last month on the London Stock Exchange with a $71M valuation. Its first device—the world's first modular portable oxygen concentrator—will launch in July, replacing larger, heavier metal oxygen tanks and competitor devices and offering millions of lung disease and COVID patients worldwide up to 95 percent pure oxygen 24/7.
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[Image: marchmeena29/istockphoto]
North Texas-based Lender Compliance Technologies Closes $4.15M Series A to Mitigate Regulatory Risks
by Bella Pinera | Jun 23, 2021
The provider of compliance solutions for automotive, RV, marine, and powersports lenders will use its investment to "set a new standard" for solving lender compliance issues.
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by David Seeley |
Jun 23, 2021
Founded by graffiti artist Tex Moton, who's designed uniforms for the Dallas Mavericks and worked with brands like Coca-Cola, YUMS is moving on from court cases and back to hitting courts—and streets and pop culture—with its innovative line of Sweet Series sneakers.
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by Quincy Preston |
Jun 23, 2021
Dallas-Fort Worth ranked No. 15 for patents out of 250 metros. Patents granted include: 7-Eleven's position tracking using edge computin, Halliburton's tracers and trackers in a perf ball , Colhurst Concepts' temporary pool cover and floor system, Ingenious Ingredients' compositions to promote muscle growth and function , My Favorite Groomer's animal supporting device , Reflect Systems' location-specific digital media advertising, and Motus Labs' spiral cam gearbox mechanism.
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by Alex Edwards |
Jun 22, 2021
Dallas' C1 Innovation Lab, operated by Health Care Services Corporation (which owns Blue Cross and Blue Shield of Texas), has entered into a collaboration with early-stage investor Capital Factory to help Texas entrepreneurs explore, address, and pilot solutions that serve BCBSTX members. The end goal is to engage with new technologies and local entrepreneurs on the cutting edge of healthcare innovation.
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[Image: AndreyPopov/istockphoto]
Gov. Abbott Signs Teledentistry Bill, Ending Ban and Allowing Virtual Dentistry in Texas
by David Seeley | Jun 22, 2021
Frisco-based telemedicine company DialCare worked with state legislators to help see the bill through. Now if you're afraid to visit the dentist you can stay home, open an app, and just say "Ahhhh."
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by Bill Sproull |
Jun 22, 2021
The U.S. Innovation and Competition Act, which passed in May, has the power to develop 20 tech hubs throughout the United States. According to Tech Titans' CEO Bill Sproull, Dallas-Fort Worth could be a strong contender for one of those spots.
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by Alex Edwards |
Jun 21, 2021
The Latina-led provider of in-room technology services plans to use the capital to continue innovating in the hospitality industry—and rapidly expand into the senior living, education, and healthcare markets.
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by Bella Pinera |
Jun 21, 2021
StaffDNA launched its first-of-its-kind digital marketplace for the healthcare industry last year. Now the firm is releasing a permanent placement offering for nursing and allied workers.
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[Images: OneDay]
Saving Stories: OneDay Revamps its Enhanced Storytelling Platform for the Senior Living Industry
by Bella Pinera | Jun 17, 2021
Dallas-based OneDay has released an update for its senior living platform. OneDay Senior Living 4.0 will empower communities to further capture resident stories, increase prospect, and boost resident engagement.
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by David Seeley |
Jun 17, 2021
Texas legalized industrial hemp farming in 2019. With CBD oil legal here and an expanded medical cannabis law signed by Gov. Abbott just this week, the cannabis industry is seeing some chinks in our state's conservative armor—and investors and business owners are taking notice. The upcoming expo will feature 120 exhibitors, 40 speakers, panels, cooking with CBD and hemp demos—and a $499 pre-show Cannabis Business Crash Course.
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by Alex Edwards |
Jun 17, 2021
The investment was led by Advantech Capital, a PE fund based in China that focuses on TMT, pharmaceuticals, and healthcare. This combined with the support from the Cancer Prevention and Research Institute of Texas (CPRIT), which granted OncoNano $9.97 million last year, will support Phase 3 clinical trials for the biotech's technology that can diagnose and treat cancer with high specificity.
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by Alyssa Mora |
Jun 17, 2021
Lauren Schwalb recently launched Ohla! Foods last year after realizing there was a gap in the market for healthy, nutritious tortilla alternatives. Today, the brand has already launched in Central Markets across Texas- offering traditional household staples that are not only good for you but good for your tastebuds.
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