Startup

EdTech Startup Language Learning Market Expanding Its Corporate HQ in McKinney

by | Jun 8, 2021
The EdTech marketplace and PaaS startup will expand its HQ with a grant from the McKinney Economic Development Corporation's (MEDC) Innovation Fund. The startup connects learning resource buyers and sellers in 7,000 languages and dialects.

The woman-owned and minority-led company says it's "empowering micro-entrepreneurs to reach their customers globally."
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Dallas-Based Aiden Technologies Raises $2.9M in Seed Funding To Grow Its AI Cybersecurity Solution
by | Jun 8, 2021
Aiden's proprietary tech is "addressing the most fundamental IT security challenge of the modern enterprise," says America's first czar of cybersecurity Richard Clarke, who invested alongside other cybersecurity luminaries. Led by Right Side Capital Management, the funding for Aiden kicked off the VC firm's newest (and largest) fund to date.
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Nominate Now: Tech Titans’ Awards Gala to Recognize the Elite in North Texas Technology
by | Jun 7, 2021
The prestigious annual contest acknowledges outstanding North Texas tech companies and individuals who have made local or industry contributions during the past year. Make a nomination now by Aug. 2.
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Five Dallas Innovators You Need To Know Right Now—and Why
by | Jun 7, 2021
Match Group, Zirtue, Cooksey Communications, Mass Luminosity, and Caliber all tapped new senior leaders this week.
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DI People: Comerica, Toyota, Signify Health, Varsity Brands Make Moves

by | Jun 4, 2021
In this weekly roundup of executive moves in North Texas, you'll also find news from Axxess, TWU, Critical Start, The Container Store, COM Sovereign, Momentous Institute, Bio North Texas, and more.
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Dallas-Based Conversational AI Service Novo Labs Acquired by SYNQ3 Restaurant Solutions
by | Jun 4, 2021
Silverton Partners-backed Novo Labs turns voice interactions into digital transactions. But it's more than a chatbot, says Co-Founder and CEO Clinton Coleman. The startup's proprietary natural language processing stack handles the “real-world conditions” of how people talk.
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Buff City Soap
Dallas-Based Buff City Soap Gets New Funding From Equity Firm General Atlantic
by | Jun 3, 2021
The fast-scaling company with a vision of becoming a $1B "Starbucks of soap" will use the investment to support more store openings, product category expansion, and growth in e-commerce.
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Jeff Osburn
Pay for Coffee With Your Face
by | Jun 3, 2021
Jeff Osburn, founder of Fort Worth-based Canopy Point Coffee, developed the ultimate "smart" coffee shop that lets customers be their own barista. The intelliCafé has a tech-enabled platform with facial recognition and a smartphone app to keep it simple.
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Dallas’ Mass Luminosity Is Raising Capital for Its Next-Gen Communication and Streaming Platform

by | Jun 2, 2021
Beacon is a video and voice platform that aims to bring security, quality, and simplicity to video and voice communications. Created by Mass Luminosity Founder and CEO Angel Munoz and his team, the technology promises a new era of simple and feature-rich communications when it launches this fall. Munoz even proved its capabilities earlier this year when integrating the platform into his Tesla—and using it to complete a videoconference.
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Applied Blockchain Signs Deal for Large-Scale Ethereum, Altcoin Mining Operation
Through a purchase agreement with Sparkpool, the largest Ethereum mining pool in the world, Dallas-based Applied Blockchain is rapidly working to scale its crypto-mining operations.

The goal? To be the leading publicly listed pure-play Ethereum/Altcoin miner in the next 6 to 12 months.
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Dallas-Based 7T Offers a Virtual Fit for Apparel Shoppers With Its Sizini App
by | Jun 2, 2021
The app turns your smartphone into a "virtual fitting room" with machine learning and AR tech.
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Dallas Invents: 128 Patents Granted for Week of May 18
by | Jun 2, 2021
Dallas-Fort Worth ranked No. 12 for patents out of 250 metros. Patents granted include: Apple’s adaptive multiplexing and transmit/receive diversity, Flypsi’s telephone network system, Micell Technologies’ coatings containing multiple drugs, Polte’s multi-path mitigation in tracking objects using a distributed antenna system, rewardStyle’s affiliate link generation, Tesla Laboratories’ mobile device as an input device for surveys at a live event, TMGCore’s liquid immersion cooling, Twitter’s swipe-to-like, and USAA’s biometric authentication on push notification.
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Robin Autopilot Is Robot-Mowing its Way to a New McKinney HQ

by | Jun 1, 2021
The fast-growing robot tech company acquired N.C.-based Mowbot in April. Now, with a grant from the MEDC Innovation Fund, it's consolidating both by relocating to a new HQ in McKinney. The EDC's Danny Chavez says it's the largest fund relocation to date.
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Richardson’s Innovation Quarter — aka The IQ — Is Making Big Moves as a Living Lab and Nerve Center
by | Jun 1, 2021
With five new UT Dallas research centers, an extension of the university's Venture Development Center, and new attractions like TheLab makerspace, The IQ may just realize Richardson's vision to be "the premier tech hub in Texas."
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AI Startup Aiotics Opens Its Headquarters With a Grant From the McKinney EDC
by | May 27, 2021
The young startup, which makes scalable artificial intelligence solutions, is using a grant from the McKinney Economic Development Corporation’s Innovation Fund to establish a headquarters in McKinney and drastically add to its team.
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Accelerate Real Asset Management Launches Renewable Energy Infrastructure Venture With $500M in Capital
by | May 27, 2021
Plano-based Accelerate Real Asset Management, a growth-oriented real asset platform, sees a significant renewable transformation happening in the United States economy. That's why the team plans to capture attractive, risk-adjusted returns in an emerging asset class of sustainable infrastructure royalties.
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