University of Chicago

Defense Department Awards $30M to Create UT Dallas ‘Energy Storage Systems Campus’

by | Sep 18, 2023
The $30 million UTD-led project aims "to accelerate the transition and scaling of next-generation batteries," while reducing dependence on scarce critical materials. Led by UTD biology professor Dr. Kyeongjae Cho, the initiative will include the construction of a new research facility at the Richardson IQ.
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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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researchers
Discovery: UTSW Gets $14M to Recruit Researchers; UTA Professor Studies Brain Injuries
by | May 31, 2019
You’ll also find out about how a UT Dallas professor is trying to speed up transistors for chipmakers, and about how Caris Life Sciences’ new collaboration is developing a cancer diagnostic test in this roundup of research and development activity in North Texas.
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