Looking ahead, New Age wants to be the “go-to institutional VC firm” in their space.
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venture capital
New Age Capital Co-Founders and Managing Partners Ivan Alo and LaDante McMillon. [Photo: New Age Capital]
New Age Capital Raises $25M for Debut Fund to Invest in ‘Historically Underfunded Founders’
by Kevin Cummings | 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.
Looking ahead, New Age wants to be the “go-to institutional VC firm” in their space.
by Kevin Cummings |
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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by Kevin Cummings |
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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by Dave Moore |
May 24, 2022
"It takes time" to establish a track record, Jorge Varela says, and the region is starting to see a series of biotech successes and spinoffs that will elevate the region's profile as a biotech hub.
According to a panel of experts at Urban Land Institute's 2022 spring meeting, here are factors drawing biotech to DFW.
According to a panel of experts at Urban Land Institute's 2022 spring meeting, here are factors drawing biotech to DFW.
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From left: PItted Ventures Managing Partner Greg Russell and Partner Tyler Allgaier. [Photos: Pitted Ventures]
Consumer Product-Focused Investor Eyes Opportunities in Dallas
by Kevin Cummings | 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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by Kevin Cummings |
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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by Kevin Cummings |
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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by Kevin Cummings |
Mar 8, 2022
Dallas-based ridesharing company Alto is entering its sixth market, after launching in Dallas and expanding to Houston, L.A., Miami, and Washington, D.C.
With $60 million in funding since its 2018 launch, CEO Will Coleman talks about building a new HQ in the Dallas Design District, aiming to be in 25 metros over the next few years, and planning to be 100% electric by end of 2023.
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Follow the Money: Black in Tech Challenge Winners, Mark Cuban Invests in Tattoo Care Startup, the WNBA Gets New Backers, and More
by Kevin Cummings | Feb 18, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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by Kevin Cummings |
Feb 16, 2022
New York-based Bowery Farming is a vertical farming startup that aims to lead "the next generation of agriculture." Valued at $2.3 billion and backed by Alphabet's VC investment arm GV, it will create 100 jobs at its new indoor farm in Arlington—where software, sensors, and machine learning will help things grow.
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by Kevin Cummings |
Feb 16, 2022
Renibus Therapeutics, which focuses on treatments for acute and chronic kidney diseases, announced closing a $35 million Series A funding round. Its new CEO, Frank Stonebanks, says "Renibus has arrived at a critical inflection point in its commitment to transform the prevention and treatment of kidney diseases."
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by Kevin Cummings |
Feb 16, 2022
Addverb produces around 10,000 robots a year at its Noida, India, manufacturing facility. Now Addverb's CEO has a mission for his robots: to help address pandemic supply chain disruptions in the U.S.
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Island Co-Founders Mike Fey and Dan Amiga. [DI artwork; background istockphoto; photos: Island]
Dallas-Based Island Emerges from Stealth with Nearly $100M in funding, 100+ Employees
by Kevin Cummings | Feb 1, 2022
Island, an enterprise browser platform company, has landed nearly $100 million in funding from early-stage investors Insight Partners, Sequoia Capital, Cyberstarts, and Stripes. Its goal: to be "where today’s hybrid workforce lives."
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by Quincy Preston |
Oct 13, 2021
The Dallas firms are among 14 Texas shops "that founders will love" on Inc.'s 2021 list of private equity and venture capital firms.
Inc.'s list of 146 founder-friendly investors is its biggest yet.
Inc.'s list of 146 founder-friendly investors is its biggest yet.
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by Quincy Preston |
Oct 8, 2021
The new investment and accelerator platform wants to help seed-stage companies "cut through red tape"— and get to market up to 18 months sooner than they would on their own.
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by Quincy Preston |
May 10, 2021
Gore Range Capital, which is relatively new to North Texas, focuses on the "largest organ and the most visible manifestation of who we are": the skin. Led by Ethan Rigel, the firm closed its successful debut fund in 2019 and recently launched a second. In a Q&A, Rigel offers some advice for founders on how to manage risk, start raising capital, leverage partnerships, and enter negotiations.
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![Erica Kosemund, Chief Brand Officer, Choctaw Nation of Oklahoma; Gillian Breidenbach, Chief Partnership Officer, North Texas FWC Organizing Committee; Chief Gary Batton, Chief of Choctaw Nation of Oklahoma; Monica Paul, Executive Director of Dallas Sports Commission and President of North Texas FWC Organizing Committee; John Hobbs, Senior Executive Officer of Communications, Choctaw Nation of Oklahoma; and Heidi Grant, Senior Executive Officer of Commerce Administration, Choctaw Nation of Oklahoma, celebrate Choctaw Casinos & Resorts becoming an Official Dallas World Cup 2026 Host City Supporter. [Photo: North Texas FWC Organizing Committee/Choctaw Casinos & Resorts]](https://s24806.pcdn.co/wp-content/uploads/2025/12/FIFA-Choctaw-dec-2025.jpg)
