Dallas

Dallas-Based Nada Closes $8.1M Seed Round to Make Real Estate Investments More Accessible to All

by | Jul 27, 2022
Nada's Cityfunds enable people to invest in single-family rental homes and fractionally invest in owner-occupied homes in Dallas, Austin, and Miami. With the new funding, Nada plans to expand Cityfunds to six new cities, grow its Oak Lawn-based staff to around 60, and develop a home equity-accessing debit card.

“We fundamentally believe that we can make a material difference to people's lives by making real estate as an asset more accessible,” co-founder and CEO John Green told Dallas Innovates.
MORE
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.
MORE
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.
MORE
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.
MORE

CompTIA: Despite Tech Job Postings Declining, Metro Dallas Holds Onto Its No. 3 Spot

Despite turmoil in the markets and layoffs making headlines, the tech job market remains relatively strong in Dallas, according to a new report.

Across the country, technology companies added 20,300 net new workers in June, marking the 19th consecutive month of growth, according to nonprofit CompTIA’s latest Tech Jobs Report. And among metros, Dallas ranks among the top three for new job postings, though the number of new jobs added month-over-month has declined.
MORE
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.
MORE
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.
MORE
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."
MORE

CBRE Report: DFW Leads the U.S. in Multifamily Real Estate Investments

by | May 13, 2022
A new report from Dallas-based CRE services and investment firm CBRE shows that DFW was No. 1 in the U.S. in multifamily investments over the last four quarters. Nationwide, Q1 2022 saw the strongest multifamily absorption since 2000. And Texas is leading the U.S. in multifamily completions, as rent growth continues to gain momentum. “The rise in demand has been fueled by household formation, job and wage growth, and sharply rising home prices,” the report said.
MORE
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."
MORE
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.
MORE
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.
MORE

Australian Startup’s CEO Moves to Dallas to Lead Eight Global Offices

by | Apr 18, 2022
Willow, an Australian company creating "digital twins" of real-world smart infrastructure and real estate assets, announced that its Sydney-based co-founder and global CEO, Joshua Ridley, is relocating to North Texas to lead the company from Dallas.

“Texas is increasingly becoming a powerhouse for technology and innovation, with Dallas being of particular importance,” the company said.
MORE
Outsourcing Company Grows its Global Presence from New Dallas HQ
by | Mar 22, 2022
SupportNinja, a business process outsourcing company that moved its HQ from Austin to Dallas' Deep Ellum late last year, has acquired Delaware-based Bolton Remote, a workforce solutions firm.

Now with around 3,000 employees and an expanded global presence in Ireland, Singapore, and the Philippines, the company's enhanced its ability to offer clients "on-demand service anytime, anywhere, from around the world."
MORE
Dallas Startup Studio Launches Latest Company With Plans to Form Multiple Impact-Focused Ventures Annually
by | Mar 21, 2022
Dallas-based Novel Ventures announced the launch of Myte, a “one-stop donation platform” connecting nonprofits across the country with donors. Novel plans to launch two or three impact-focused startups annually, managing director Blake Harvey told Dallas Innovates.
MORE
Dallas-based Fashion Tech App Launches to Connect Brands, Consumers Via Digital Content
by | Mar 15, 2022
Orma, a new app from Dallas-based fashion tech platform MakersValley, lets businesses bring the kind of content found on a social media feed or online shopping experience into brick-and-mortar retail. We talked with the team about helping both luxury Italian brands and smaller U.S. brands to connect with their customers, as they gear up for growth and a $1 million seed funding round.
MORE