venture capital

Dallas-Based Venture Capital Firm Growing With Third Fund

In 2023, founders searching for venture capital found fewer investors and less money. Pitchbook reports that the number of U.S. deals in the first three quarters of 2023 was just slightly higher than the number made during the same period in 2018.  

In North Texas, it was a similar story....

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‘Conversations With Champions’: Sports Titans Hunt, Nowitzki to Headline Venture Dallas Summit
by | Oct 16, 2023
The NFL and NBA icons—Clark Hunt and Dirk Nowitzki—will kick off and wrap up discussions on innovation and investment. They add to an "impressive speaker lineup" including Nextdoor Co-Founder Nirav Tolia and other trailblazing speakers. Here's the full roster.
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‘Innovation Meets Investment’: Venture Dallas Sets Sights on National Stage with New Branding, Expanded 2023 Summit
by | Sep 27, 2023
The rebrand "marks the start of our next chapter of growth," says Venture Dallas Chair Aaron Pierce. The nonprofit's 2023 summit, backed by JPMorgan Chase and Perot Jain, is set for October 25.
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The Last Word: RevTech Ventures’ David Matthews on Conundrum Facing Venture-Backed Tech Companies
by | Feb 1, 2023
In a recent YouTube video, Matthews offers a quick RevTech Roundup on "The Conundrum of Venture-Backed Tech Companies." He notes that there have been over 100,000 recent layoffs by big tech companies, "All of a sudden there's a bumper crop of available talent," Matthews says. "But on the other hand, venture funding tightened by almost 60% last year, as VCs tightened their grip on their dry powder."
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Southlake VC Firm Gore Range Capital Names Entrepreneur-in-Residence
by | Jan 20, 2023

Gore Range Capital, which moved its headquarters from New York to Southlake in 2021, announced that David A. Hashemi, MD, MBA, a senior dermatology resident physician at Harvard Medical School, has joined the firm as entrepreneur-In-residence.

“We’re excited to have David join us. He brings a wealth of knowledge, curiosity, and energy to this opportunity and we look forward to his contributions,” Ethan Rigel, founding and Managing Partner of Gore Range Capital said in a statement....

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Legendary Dallas Innovator John Carmack Raises $20M for Artificial General Intelligence Startup Keen Technologies
by | Dec 16, 2022
Carmack—the former CTO of VR giant Oculus—has taken goggle-gazing to the next level, programmed Doom and Quake, and founded a Mesquite-based space tourism startup. Now he's on a mission he says "could change the course of human history": artificial general intelligence. Keen's focus on AGI could lead to "something that behaves like a human being or like a living creature, and that can then be educated in whatever ways that we need to," he says.

Carmack believes AGI will hit the market in less than a decade. enabling AIs to interact socially with each other—or with actual people.  
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DSW Dispatches: Investors Offer Tips on Navigating the Changing Startup Economy

by | Aug 11, 2022
At Dallas Startup Week today, three leading early-stage investors offered tips on how founders should pivot in today's shifting economy. Perkins Coie's Valeska Pederson Hintz, LiveOak Venture Partners’ Mike Marcantonio, and S3 Ventures' Eric Engineer shared insights and advice. Despite the downturn, "If you've got a capital-efficient, growing business that has strong unit economics, at the end of the day that business is fundable, and that's what we're looking for," Marcantonio said.
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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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Horned Frog Investment Network Aims to Boost Deal Flow in Fort Worth and Beyond
by | Jul 12, 2022
The Horned Frog Investment Network—which launched earlier this year through TCU's Neeley School of Business—aims to fund startups across the country and lift up Fort Worth's entire venture funding ecosystem.
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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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North Texas Startup Wink Lands Funding for Biometric Payment Processing

by | May 10, 2022
Plano-based Wink has landed a $2.85 million pre-seed funding rounding, exceeding its initial target of $1 million by almost $2 million. Billing itself as the “first zero-click camera checkout,” Wink uses voice and facial recognition technology to allow users to make purchases without inputting financial information on their digital devices.
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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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Frisco EDC’s First Director of Innovation Will Focus on Startups, Tech, and Venture Capital
by | Mar 25, 2022
Entrepreneur Jasmin Brand will take on the newly created role. The goal? To make Frisco a “major national hub” for venture capital and innovation.
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Arlington’s First Rate Ventures Makes Second Investment from $25M Fintech-Focused Fund
by | Mar 10, 2022
Arlington-based First Rate, which provides technology and services to wealth management companies, launched its corporate venture arm First Rate Ventures in December. Now it's made its second investment—in New York-based RegAlytics, a regulatory data analytics company.
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