Dallas

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Report: Dallas, Plano Among Top U.S. Cities for Foreign Business Investment
by | Oct 14, 2022
In the inaugural 'Investing in America' report from the Financial Times and Nikkei, Dallas ranks No. 6 overall, and Plano ranks No. 13. Irving shines strongly in the report, too, ranking highly on several key data points. And looking only at workforce and talent, Plano comes in at No. 1 in the entire country. The report is timely: Just two weeks ago, EDC leaders from across North Texas were part of a TxEDC trade mission to London, Paris, and Frankfurt, Germany.
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Asana Partners Acquires Fort Worth’s Foundry District from M2G Ventures
by | Sep 26, 2022
Asana Partners shares M2G Venture's vision for innovative adaptive reuse projects, the developer says, making it "the ideal ownership group to continue the Foundry’s trajectory as a North Texas icon."
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Meet the Inaugural Board of Directors of the Dallas Economic Development Corporation
by | Aug 24, 2022
The newly created Dallas Economic Development Corporation is a nonprofit aimed at attracting new businesses to the city, while supporting economic and workforce development. Formed with the help of $7 million in federal money from the American Rescue Plan Act, the Dallas EDC now has its first board of directors, after receiving approval from the Dallas City Council. “The corporation will play an integral part in growing the Dallas business community, and we need passionate and qualified people at the helm,” said Councilmember Tennell Atkins, chairman of the city’s Economic Development Committee.
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Dallas Startup TestFit Lands $20M for AI-powered Building Configurator Technology

by | Jul 26, 2022
Co-Founder Clifton Harness says TestFit is the first company to connect pro forma, construction cost, and asset design through building configurator software. The technology allows companies to "de-risk decisions" and log critical time savings when they develop new real estate. The funding will help the startup expand its R&D, quadruple its product and engineering teams, and build a new HQ.

“With TestFit, we see a disruptor driving a paradigm shift in the real estate industry,” said Gregg Hill, co-founder and managing partner at Parkway Venture Capital, which led the funding round.
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North Texas lands in the Top 10 of CBRE’s Annual Scoring Tech Talent Report
by | Jul 14, 2022
According to Dallas-based CBRE’s most recent annual Scoring Tech Talent report, Dallas-Fort Worth now stands in the No. 9 spot, jumping up four places from last year’s report—one of the biggest gains seen by any metro area. The region also ranks No. 5 for women in the tech workforce.

Over the past five years, DFW’s talent pool has grown by nearly 15%, with close to 188,000 residents employed in the industry.
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Report: Dallas Among the Best Places in the U.S. for ‘Wellness Workcations’
Many people have begun to work remotely while they travel—whether they're discovering America or exploring the world. Icelandair calls that a “wellness workcation,” and it's released a list of the best destinations in the U.S. to take one. It placed Dallas at No. 7 on the list—making it the only Texas city to appear in the Top 10.
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Dallas Startup Quiltt Emerges from Stealth to Help Businesses Build Their Fintech Infrastructure
by | Jul 11, 2022
Quiltt, a low-code financial tech platform that "lowers technical barriers for innovators," announced its beta launch for other startups and small businesses. The company closed a $4 million seed funding round earlier this year. “Quiltt's vision is to make fintech development more accessible so that more growing businesses and startups can create seamless experiences for their customers,” says Ruben Izmailyan, Quiltt co-founder and CEO.
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U.K. Report: Dallas Is One of the World’s 10 Most Resilient Cities

by | Jul 6, 2022
The 2022 London-based Savills Resilient Cities Index ranks 500 global cities. The Dallas region jumped up 11 spots on the list since 2016, thanks to its many assets and its recovery from the worst of the pandemic. Dallas' highest ranking on the list is in real estate investment, where it placed No. 3, behind only Los Angeles and New York City.
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Hoque Global Plans 270-Acre Development That Could ‘Rewrite Perceptions’ of Southern Dallas
by | Jun 27, 2022
The Dallas City Council recently approved up to $31.4 million in tax increment financing for the first phase of the Dallas-based developer's planned mixed-use development near the UNT Dallas campus.

University Hills could ultimately include 1,500 multi-family units, hundreds of single-family homes, 1.5 million square feet of commercial properties, and more than 50 acres of green space.
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Dallas’ Lupagen Aims To Change the Way Cancer, Other Disorders Are Treated
by | Jun 2, 2022
Instead of shipping a patient's blood to a lab for customized cell therapy, Lupagen does the procedure "in vivo," using a dialysis-like treatment at the patient's bedside. Now it's collaborating with Umoja Biopharma to use its drug-delivery tech to place targeted immunotherapies in patients.

“We're able to deliver different types of gene therapies in a closed system," Lupagen's CEO says, calling the tech a "bridge to the future."
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Medical Device Startup Raising $2M for ‘Swiss Army Knife’ of Tourniquets
by | May 18, 2022
Compression Works, a medical device company founded by two military veterans, developed its innovative conical-bladder tourniquet for use by U.S. special forces in Iraq and Afghanistan back in 2008. Now it's expanding the device's use for EMS teams and fire departments in Dallas and other large U.S. cities, and raising $2 million to help fuel the company's growth.
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With $4M in Funding, Dallas Startup Aims to Streamline the Hiring Process

by | May 11, 2022
Dallas-based software startup HireLogic aims to improve the job interview process with its AI- and machine learning-powered platform, designed to help automate the screening process. Its CEO says he wants to help companies "gain insights from interview data to make faster, better hiring decisions."
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Annie Bogue, COO and head of sales and marketing at Fujitsu Network Communications, and Gustavo Mario de la Garza Flores, CEO of Vivaro. [Photos: LinkedIn]
Fujitsu Boosts U.S.-Mexico Bandwidth with New Dallas-Focused Network Deployment
by | May 9, 2022
Fujitsu’s Richardson-based network communications business is deploying its optical fiber multiplexing technology to increase the bandwidth for Vívaro Telecom’s newest network that plans to operate between Dallas and McAllen, Texas.

The move comes a month after Shingo Mizuno relocated from Japan to North Texas to serve as the president and CEO of Fujitsu's networks communications unit.
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Firm Bringing Major Retail Brands to Dallas Is Acquired by Public Company
by | May 4, 2022
Dallas-based Open Realty—a retail-focused real estate investment firm that's helped companies like Apple, Warby Parker, and Bonobos bring brick-and-mortar stores to North Texas—has been acquired by New York-based Newmark Group. Open Realty will now join Newmark's retail services business, joining the public company's global team of more than 6,300 worldwide.
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Consumer Product-Focused Investor Eyes Opportunities in Dallas
by | Apr 26, 2022
Pitted Ventures, a newly formed Utah-based growth capital firm backed by a family of support companies, has tapped a local leader to help it bridge funding gaps for brands while providing wraparound services to help those business grow to the next stage. With Dallas as a hub, it aims to make typical investments of $750K to $1.5M starting this summer.
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