Diligent Robotics Lands $3 Million in Funding and Launches its Hospital Assistant Robot Moxi

Diligent Robotics has launched its first product, a hospital assistant named Moxi. The Austin-based company has been beta testing its robot and starting Wednesday Moxi will be working fulltime in a Texas hospital. Diligent Robotics also announced it has raised $3 million in seed-stage funding to fuel the launch of Moxi. True Ventures and Ubiquity […]

TiE Austin is Hosting a Pitch Competition Open to Startups that have Gone Through an Accelerator Program

TiE Austin is holding a pitch competition open to startups that have been through an accelerator program. It’s targeting startups that have graduated from an Austin-based accelerator program in the last three years, raised no more than Series A funding, said Tejal Sahasrabudhe, executive director of TiE Austin. The TiE Austin chapter is part of […]

OJO Labs Acquires Austin-based RealSavvy

OJO Labs has acquired Austin-based RealSavvy to create an even bigger platform for real estate brokers, agents, and teams and the customers they serve. The companies did not disclose the financial details of the deal. RealSavvy, founded in 2014, has become a popular real estate software platform, dubbed the Pinterest for Real Estate, aimed at […]

Fetch Raises $10.5 Million to Help Apartment Dwellers Get Packages

Fetch Package, a last-mile package delivery service aimed at apartment dwellers, announced recently that it has raised a $10.5 million round of funding. Signal Peak Ventures led the Series A financing round with participation from previous investors including Silverton Partners and Capital Factory. To date, the company has raised $14 million. Fetch, founded in 2016 […]

Spiceworks Uses Data and Analytics Powered by AI to Connect IT Professionals to Brands

In 2005, Jay Hallberg, founder, and chairman of Spiceworks met with three friends in Austin to create what has become Spiceworks. They wanted a place where IT professionals could connect and talk about technology. That free platform evolved into a sophisticated social network for IT professionals. Recently, Ziff Davis acquired Spiceworks. The company just held […]

One of the Secrets of Sand Hill Road is for Entrepreneurs not to Mitigate Risks for VCs but Instead to Swing for the Fences

At Austin Startup Week, Scott Kupor, author of Secrets of Sand Hill Road, brought a bit of Silicon Valley big thinking to Austin. Kupor, managing partner at Andreessen Horowitz, has overseen the firm’s growth to 150 employees and more than $7 billion in assets under management. Its portfolio companies include Lyft, Airbnb, Facebook, Slack, Instacart, […]

Don’t Boil the Ocean and Other Words of Advice from Austin VCs to Entrepreneurs

Venture capital investment in Austin has been on the rise. VC funding hit $1.3 billion in 2018, the highest on record since the dot-com boom in 2000, according to the MoneyTree Report from PwC and CB Insights. That’s up 70 percent from $783 million in 2017. Yet California deals still get more than 50 percent […]

Ford Launches Self-Driving Vehicle Testing Program in Austin

Four years ago, Google’s self-driving car expert said he hoped Austin would have autonomous vehicles commercially available for the public to ride in on the city’s streets by 2019. That vision hasn’t exactly come to fruition. But it’s becoming closer to reality with the testing of a driverless shuttle at the Austin Bergstrom Airport earlier […]

Kendra Scott Unveils the New Kendra Scott Women’s Entrepreneurial Leadership Institute at UT Austin

The introduction of the new Kendra Scott Women’s Entrepreneurial Leadership Institute at the University of Texas at Austin had all the trappings of Hollywood with bright lights, lively music and dramatic backdrops. UT Austin President Gregory L. Fenves took to the stage at the Bass Concert Hall with orange lights illuminating his way and a backdrop […]

CyberFortess of San Antonio Lands $3 Million in Funding to Develop its Insuretech Product

CyberFortess, an insuretech startup, announced Wednesday that it has received $3 million in seed-stage funding. The San Antonio-based startup, founded in 2018, plans to use the funding to hire additional employees, develop its product and launch into the Texas market early next year. Greycroft and LiveOak Venture Partners led the round. Existing investor Monte Tulum […]