Dallas Innovates

Dallas Innovates is an online news platform created through a partnership between the Dallas Regional Chamber and D Magazine Partners. It focuses on the latest developments and future trends in innovation within the Dallas-Fort Worth area.

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Dallas Insurance Innovator Bestow Closes $120M Series D Fundraising Round

2 days ago | dallasinnovates.com | Lance Murray

Dallas-based insurance technology company Bestow Inc. has closed a $120 million oversubscribed Series D funding round, including primary and secondary investments. The round was co-led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital. In addition to the equity financing, Bestow also secured a $50 million credit facility from TriplePoint Capital.
Hoque Global Breaks Ground on $1B University Hills Project in Southern Dallas

2 days ago | dallasinnovates.com | David Seeley

A sprawling 270-acre development that could "rewrite perceptions" of Southern Dallas got a groundbreaking near the UNT Dallas campus Monday. Local investment group Hoque Global acquired the undeveloped land next to the University of North Texas at Dallas campus in 2022, saying it planned to create new housing, commercial buildings, and green space in the development, which it calls University Hills.
NFL No. 5 Draft Pick Joins G8RTech's Advisory Board, Will Wear Its Concussion-Prevention Head Covering

2 days ago | dallasinnovates.com | David Seeley

This fall, the Dallas Cowboys will need lots of protection from New York Giant edge rusher Kayvon Thibodeaux, the 5th overall pick in the 2022 NFL draft. But Thibodeaux will have some protection of his own, thanks to an innovative, concussion-preventing balaclava from a North Texas startup.
Fort Worth's Tremedics Wins $25K Healthcare Award at MassChallenge RESOLVE '25 in Boston

2 days ago | dallasinnovates.com | Quincy Preston

Tremedics Medical Devices, Inc., a Fort Worth-based medical technology company, has won the 2024 MassChallenge Healthcare Award, securing $25,000 in funding and continued membership through alumni and networking events. The award was presented at RESOLVE '25 in Boston, the culminating event in April for the 2024 MassChallenge U.S. Early Stage Accelerator Program, which featured 128 startups selected from more than 1,300 applications.
Irving-Based On the Border Bought at Auction by Houston's Pappas Restaurants

1 week ago | dallasinnovates.com | Lance Murray

Irving-based restaurant company On The Border Mexican Grill & Cantina has been bought at auction by Houston-based Pappas Restaurants as the auction's prevailing bidder. The transaction, which is subject to court approval, is expected to be finalized and close in the coming weeks. Details of the bid were not disclosed. "We're excited to welcome On The Border to the Pappas family," Pappas CEO Mike Rizzo said in a statement.
Dallas-Based Texas Capital Securities Expands Corporate and Investment Banking Division

1 week ago | dallasinnovates.com | Lance Murray

Dallas-based Texas Capital Securities has announced "a significant expansion of services" offered by its corporate and investment bank-and announced several new senior hires. The subsidiary of Texas Capital Bancshares Inc. (Nasdaq: TCBI) said the additions to personnel and corresponding enhancements in capabilities build upon its existing industry-focused corporate banking expertise, with significant impact on the breadth and reach of the investment bank in advisory and capital markets services.
Rutgers Leader Named as Sole Finalist for UT Dallas Presidency

1 week ago | dallasinnovates.com | Lance Murray

Rutgers University EVP of Academic Affairs Prabhas Moghe has been chosen as the sole finalist for the next presidency at the University of Texas at Dallas in a unanimous vote by the UT System board of regents. Rutgers is New Jersey's flagship public university. "The regents and I were very pleased with the extraordinary pool of candidates from top universities across the nation who expressed interest in coming to Texas to lead UT Dallas," UT System Board of Regents Chairman Kevin P.
Caris Life Sciences Appoints Chief Business Officer, Biopharma Business Development

1 week ago | dallasinnovates.com | Lance Murray

Veteran biopharma executive Eric Matthews has joined Irving-based Caris Life Sciences, a leading next-generation AI TechBio company and precision medicine pioneer, as chief business officer, biopharma business development. In that role, Matthews will provide strategic leadership to biopharma business development, and through his executive leadership, support Caris' expanding portfolio of biopharma partnerships, Caris said.
Dallas Children's Advocacy Center Adds 2 to Câ€‘Suite

1 week ago | dallasinnovates.com | Lance Murray

Carol McBride has joined the organization as chief people officer and Jennifer LeBlanc has been named chief advancement officer. The center said the moves come at a pivotal time of growth and impact, especially as it heads into the planning of the Crimes Against Children Conference that will take place in Dallas this August.
SPARK! Dallas Executive Director on Helping Children Learn About Creativity

1 week ago | dallasinnovates.com | David Seeley

Last Thursday, SPARK! Dallas-a nonprofit that aims to ignite creativity in children through a fully immersive, hands-on learning environment-celebrated its 10th anniversary with a SPARKtacular fundraiser event. More than 160 guests attended, bid on silent auction items, and enjoyed appetizers and beverages at the home of Leigh and Bryce Williams. The goal: Raise funds to help children learn about creativity.