Draper Associates

‘There’s So Much Energy in Our Space’: Innovators, Investors Invigorate Sold-Out 2025 Venture Dallas Conference

by | Nov 5, 2025
From North Texas founders including John Carmack and Ben Lamm to investors like John Redgrave of DTX Ventures and Draper’s Andy Tang, the summit's speakers tackled hot topics from humanoid robots and tech transfer to AI, VC trends and Y’all Street. A call was also heard for more risk-taking by DFW’s innovation ecosystem: ‘We’ve got to be bravery hunters.’
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Follow the Money: Book.io Aims to Put E-Books on the Blockchain with New Funding, Tech Startup Kalpa Aims to Raise $1M, and More
by | Sep 30, 2022
In this week’s North Texas deal flow, you’ll also find news about crowdfunding platform Harvest Return landing $2.5M; Supply’s acquisition by Foundry Brands; Moss Adams acquiring local CPA firm Kurtz & Company P.C.; Tri Global Energy being acquired for $270M by Canada's Enbridge; and more.
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With Fresh Funding, Firehawk Aerospace Is Developing Rocket Engines and 3D-Printed Fuel As It Plans Move to New HQ in Addison
by | Sep 28, 2022
Firehawk Aerospace is developing hybrid rocket engines and 3D-printed solid rocket fuel to provide a safer, more cost-effective approach to launching payloads as it nears the close of a $17 million fundraising effort.

Co-founder and CEO Will Edwards has said his company's rocket engine "will power the next generation missile and defense systems and plans to support both launch and other systems requiring in-space propulsion."
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Dallas Startup Lands Funding to Expand Its ‘Educational Metaverse’ Nationally
by | May 17, 2022
Dallas-based STEMuli was founded by CEO Taylor Shead to create a gamified 'metaverse' where kids can earn tokens and have fun while they learn. Piloted since last summer at Dallas Hybrid Prep, it's given both remote and in-class learning an avatar-packed boost. Now, with a new $3.25 million seed funding round, STEMuli aims to expand its metaverse platform in schools nationally.
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Mammoth Project: Dallas’ Colossal Raises $60M to Advance Genetic Engineering and ‘De-Extinction’ Technologies

Colossal launched last September with a plan to "de-extinct" the woolly mammoth by using CRISPR genetic engineering to create a mammoth-elephant hybrid. With a total raise of $75 million to date, the startup aims to have its first set of mammoth-elephant hybrid calves "in 4 to 6 years," co-founder and CEO Ben Lamm told us. But Colossal's goals extend much further—with the potential "to advance human health, enhance food production, reduce environmental impact, and optimize animal health and welfare."
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