Austin’s VC Investments Drop 52 Percent in the Second Quarter Following a Record First Quarter

Austin-based Everlywell, a healthcare testing platform, received $50 million early-stage investment in April, making it Austin’s top venture deal for the second quarter. Flosports, a sports media startup, claimed the number two spot with $47 million in expansion-stage financing, followed by Lung Therapeutics with $36 million, Arrive Logistics with $25 million and Elligio Health Research […]

H-E-B Tests Driverless Vans in San Antonio to Deliver Groceries

A robot rolling down the road bringing butter, milk, and eggs. That’s on the horizon for San Antonio-based H-E-B. Texas’ largest grocer announced Wednesday plans to use an autonomous van to deliver groceries in San Antonio. The pilot program will roll out later this year. Customers in Olmos Park, north of downtown San Antonio, will […]

Austin’s Capital Factory and Plexal, a London Accelerator, Join Forces to Foster International Ties for Tech Startups

The London and Austin technology ecosystems have developed a strong relationship during the last decade. And on Wednesday, Capital Factory, a technology accelerator in downtown Austin, officially announced it has joined forces with Plexal, an innovation center that sits within London’s Here East technology campus. The deal came together following meetings last March at South […]

Austin’s Rocket Dollar is Shaking up the way Individuals Invest Their Retirement Dollars

By LAURA LOREK, Publisher of Silicon Hills News In a historic office building close to Capital Factory in downtown Austin, Rocket Dollar is disrupting the way people invest retirement dollars. The two-year-old startup allows people to use self-directed retirement accounts to make a wide variety of investments into real estate, startups, precious metals and more. […]

Hypergiant Adds Bill Nye, the Science Guy, to its Advisory Board

Hypergiant Industries has big goals like creating smart cities, flying cars, and finding a cure for cancer, Bill Nye, one of the world’s most famous mechanical engineers, known as The Science Guy., says in a video created for Hypergiant. “We’re not aiming for utopia, but simply a better universe,” Nye says in the video. “This […]

Austin-based Remedy Lands $10 Million in Funding from Austin-based Sante Ventures

Remedy, a healthcare service provider, announced Wednesday that it has raised $10 million. The Austin-based company plans to use the funding to expand its technology platform and to recruit new employees. Remedy is focused on simplifying access to urgent and primary care. It has created a proprietary technology-enabled telemedicine portal, which it combines with house […]

Austin’s PHLUR Gets $7 Million in Funding and Buys Austin-based Texas Beauty Labs

Austin-based PHLUR, a fragrance company, announced Tuesday that it has received $7 million in funding. In addition, PFLUR acquired Austin-based Texas Beauty Labs, a clean beauty products maker, founded in 2008. The financial details of the deal were not disclosed. As part of the transaction, Texas Beauty Labs has formally changed its name to The […]

H-E-B Opens its Eastside Tech Hub in Austin

H-E-B opened its Eastside Tech Hub in Austin on Monday. The 81,000 square foot office serves as the new headquarters for Favor, the Austin-based on-demand delivery service H-E-B bought last year. It also houses H-E-B Digital Partners, which complements H-E-B’s existing digital team at its San Antonio-based headquarters. “Having a shared space like this is […]

Startups Showcase their Ventures at MassChallenge Texas’ Austin 2019 Event

Austin-based Moolah U, which runs camps to teach students financial responsibility, chose to participate in the MassChallenge Texas accelerator to gain access to mentors and investors to scale its business. “We’ve been running these programs for 15 years and we’ve found that the best way to teach kids is through real experience,” said Ben Aubin, […]

Samsung and AT&T Open 5G Innovation Zone in Austin

By LAURA LOREK, publisher of Silicon Hills News To see the impact of 5G communications, look no further than the new 5G Innovation Zone which officially opened at Samsung’s Austin campus Friday. The Innovation Zone showcases different applications of 5G technology including health and environmental sensors, automated material handling, industrial Internet of Things, robotics, and […]