Bank of America

Follow the Money: Fort Worth Biotech Raises $16M, VC Firm Raises $25M for Debut Fund, S2 Capital Surpasses Blackstone as Region’s Most Active Multifamily Investor, and More

by | Jul 15, 2022
Plus, Dallas real estate startup Nada raises $5.7M, Arlington's Wonder Works Studios raises $5.53M, Exela Technologies in talks to sell off $200M-revenue business unit, PE firm Crossplane Capital closes $325M second fund, and more North Texas deals.
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New Age Capital Raises $25M for Debut Fund to Invest in ‘Historically Underfunded Founders’
by | Jul 14, 2022
Co-founded by Dallasite LaDante McMillon and Brooklyn-based Ivan Alo, New Age Capital has raised $25 million for its debut fund. Formed in 2016, New Age focuses on seed-stage rounds for startups with Black and Hispanic founders.

Looking ahead, New Age wants to be the “go-to institutional VC firm” in their space.
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Texan by Nature CEO Says ‘The Future Is Innovation.’ Here’s Why Today Is Our Slowest Day
by | Dec 16, 2021
The nonprofit is uniting industry and conservation as we move faster and faster towards progress.

How do we radically shape the future? In November, the Laura Bush-founded Texan by Nature hosted a conservation summit to tackle the topic. CEO Joni Carswell urged an audience of innovators, collaborators, and changemakers to “Ask yourself ‘what if?’ Do something different and new and more.”

Here are takeaways.
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Bank of America Invests $200K to Continue Dallas’ B.U.I.L.D. Collaborative Small Business Grant Program
by | Nov 30, 2021
Broadening Urban Investment to Leverage Dallas (B.U.I.L.D.)—launched last year by the City of Dallas, DEC@Redbird, and more than 200 Dallas County business service organizations—will continue its grant program that serves as a catalyst to Southern Dallas’ small business owners of color and women business owners.
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Metro Dallas Homeless Alliance Raises $10M for Historic ‘Rapid Rehousing’ Program

by | Oct 18, 2021
The private donations by local companies and foundations are for the Dallas R.E.A.L. Time Rapid Rehousing initiative. Its goal: house more than 2,700 homeless people and families over the next two years. The $10M in private funds will complement $62M in federal funds allocated by local governments and DHA, the North Texas housing authority.
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Bank of America Set a Company Record for Patents Granted In the First Half of 2021. One Big Reason? Addison’s Manu Kurian.
by | Sep 1, 2021
Bank of America had a company-record 227 patents granted during the first half of 2021. One of its biggest inventors? Addison-based Global Banking SVP Manu Kurian, who ranks in the top 300 patent holders on earth. He's filed more than 360 patents since 2014, with more than 240 of those having been granted.
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Coworking Adapts to Survive and (Eventually) Thrive
by | Nov 29, 2020
Local coworking firms use different approaches to deal with COVID challenges.
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Dallas-Fort Worth Leads the Nation in Apartment Demand for Q3 2020
by | Nov 28, 2020
The DFW multifamility market also led in the second quarter with modest gains due to government stay-at-home orders.
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Bank of America Is Making a $920K Investment in North Texas Nonprofits to Advance Economic Equity

by | Oct 19, 2020
In North Texas, the grants will go to Boys and Girls Clubs of Tarrant, Collin, and Dallas Counties, and Big Thought. The $920,000 is part of a four-year, $1 billion commitment Bank of America is making to foster workforce readiness and development in low-to-moderate-income communities.
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Bank of America Pledges $1B to Help Local Communities Fight Economic and Racial Inequality
by | Jun 3, 2020
The Dallas and Fort Worth market presidents for Bank of America share the increased commitment to communities of color in North Texas.
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Economy in Brief: New Dallas Region Economic Report Shows Initial Impact of COVID-19
by | May 14, 2020
The report, released by the DRC and presented by Bank of America, offers data and analysis to help the business community make better-informed decisions and give the public a better understanding of more-vulnerable workers in Dallas-Fort Worth.
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Susan Hoff Coronavirus fund
United Way’s Susan Hoff: ‘We’re All in This Together.’ It’s Not a Catchphrase Right Now
by | Mar 23, 2020
A new United Way Metropolitan Dallas Coronavirus Response and Recover Fund—seeded at $1.2M—came together in less than a week. We talk with UWMD's Susan Hoff about what it took, how the fund works, and what's next.
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DI People: Bank of America, Cushman & Wakefield, Dallas Market Center Name New Execs

by | Nov 27, 2018
Also, you’ll find leadership appointments and changes at United Surgrical Partners and Dickey's Barbecue Pit in this roundup of people news in North Texas.
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Patents were assigned to Apple Inc., Mary Kay, San Disk, Texas Scottish Rite Hospital for Children, Omnitracs
Dallas Invents: 84 Patents Granted for Week of Nov. 7
Patents secured include Omnitrac's vehicle parking system, Apple's invention to solve communication disruption problems, and SMU's integrated circuits to protect hidden content.
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Dallas Invents: 90 Patents Granted for Week of Oct. 31
Patents secured range from inventions for detecting explosives to vandalism detection using video and noise cancellation.
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Dallas Invents: 74 Patents Granted for Week of Oct. 24
Patents secured range from Amazon's inter-service network communication optimization to Robokind's system and method for controlling animated characters for lifelike interactions to Health Happy Pets' method for creating an animal litter that detects health conditions in felines.
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