At the UnidosUS Conference in San Antonio on Monday, Google announced the 50 recipients selected for its first-ever Google for Startups Latino Founders Fund. Among the recipients, Google chose three startups based in Austin including Handsome, Kiss & Tell, and Lena Health. Two startups, CodersLink, and Irys were from San Antonio. And four others were […]
Silverton Partners Raises $248 Million Fund to Invest Primarily in Texas-based Startups
Silverton Partners announced this week it has closed on Fund VII at $248 million, its largest fund ever. The Austin-based venture capital firm, founded in 2006, closed on Fund VI in 2000 worth $144 million, and Fund V at $108 million in 2018. Silverton plans to invest about two-thirds of the fund’s capital to support […]
SXSW Expands to Sydney, Australia
Next fall, South by Southwest Conference and Festivals plans to expand to Sydney Australia. SXSW Sydney will feature technology, film, and music sessions from October 15th to October 22, 2023. It’s the first annual Asia Pacific installment of SXSW in collaboration with TEG, The NSW Government & Destination NSW. “We couldn’t be more excited and […]
Austin’s True Wealth Ventures Closes on $35 Million Fund II Aimed at Investing in Women-Led Startups
Austin’s only venture fund run by women; True Wealth Ventures has closed on its second oversubscribed $35 million Fund II. The firm, founded in 2015 by Founding General Partner Sara Brand and General Partner Kerry Rupp, focuses on investing in women-led companies in the healthcare and environmental industries. True Wealth Ventures closed its first $19.1 […]
Texans Object to the U.S. Supreme Court Overturn of a Woman’s Right to Abortion
The U.S. Supreme Court Friday morning struck down a woman’s right to an abortion, overturning Roe v. Wade, which became law 50 years ago. The court voted 5 to 4 to overturn Roe v Wade. The ruling does not make abortion illegal but does not make it a constitutional right. That allows states to pass […]
Sana Lands $60 Million in Venture Funding to Expand its Healthcare Insurance Business for Small Businesses
Sana, a health care insurance company, Wednesday announced it has closed $60 million in venture capital financing. Trust Ventures and Gigafund co-led the Series B funding round with participation from existing investors American Family Ventures, mark vc, Breyer Capital, JAM Fund, and Liquid 2. To date, Sana, founded in 2017 by Will Young and Nathan […]
At Consensus in Austin, Lawmakers Discuss Proposed Legislation that Aims to Regulate Cryptocurrency
More than half a dozen panels at Consensus 2022, a cryptocurrency conference that kicked off last Thursday in Austin focused on the regulation of cryptocurrency. Among those sessions, U.S. Senator Kirsten Gillibrand, D-NY, talked about the Responsible Financial Innovation Act, a landmark bipartisan bill she introduced last week along with Cynthia Lummis, R-WY, and a […]
Consensus Conference Illuminates Cryptocurrency, DAOs, NFTs, Metaverses, and More in Austin
Consensus 2022 kicked off in Austin this week. It’s a conference put on by media company, CoinDesk, which focuses on Web 3, cryptocurrency, Decentralized Autonomous Organizations, known as DAOs, Nonfungible Tokens, or NFTs, Metaverses, and more. A few hundred people attended the first Consensus in 2015, and this one has more than 17,000 registered ticketholders. A […]
Ownwell Seeks to Simplify Property Tax Protests and Save Homeowners Money
Counties have begun sending out property tax assessments to Texas homeowners. And many have seen their property taxes rise dramatically. To protest, homeowners usually have to file an appeal or hire an attorney to handle the process. But this year, there is a new way to protest. Ownwell, an Austin-based startup, helps commercial and residential […]
Pingboard Achieves Profitability and Appoints New Leadership
Pingboard became profitable during the COVID-19 pandemic by having the right product at the right time, said Bill Boebel its founder. “We’ve grown the business to just over $6 million in revenue,” he said. “We’ve scaled from being an org chart to being a tool for employee engagement focused on companies that are fully remote.” […]