Colossal Biosciences is Working to Bring Australia’s Tasmanian Tiger Back from Extinction

Colossal Biosciences announced Tuesday that it has started the de-extinction process of the thylacine, a beloved Australian marsupial, also known as the Tasmanian tiger. The company first announced plans to bring the woolly mammoth back to life last September. It is using breakthrough gene-editing technologies to recreate the woolly mammoth and thylacine. The thylacine is […]

Axiacore Creates Custom Software Solutions for Small to Medium Sized Businesses

At 23 years old, Camilo Nova started Axiacore, a software development firm in the South American country of Colombia. But Nova taught himself to program in python at the early age of 14. He was lucky to have Internet access and a computer in a country where those resources were not readily available, he said. […]

Austin’s 2022 A-List Award Winners Announced

The Austin Chamber of Commerce in partnership with South by Southwest honored its A-List Award winners last Wednesday night at a ceremony at the Long Center for the Performing Arts. It’s the 11th annual awards ceremony that shines a spotlight on homegrown startups. This year was the first time the chamber recognized local investors. The […]

Texas’ Semiconductor Makers will Benefit if Congress Passes the CHIPS Act of 2022

There’s an urgency in Congress to pass legislation before Congress recesses for the month of August.And chief among the bills under consideration is the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund. The CHIPS-Plus legislation includes incentives for domestic semiconductor manufacturing and investments in U.S. chip research and in total, the bill includes […]

Adding Human Resources Early is Key to Fostering Great Company Culture and Helping Startups to Succeed

Startups and small businesses are so busy in the early stages that human resources isn’t always a priority. But it should be, said Megan Duncan, Founder, and CEO of Cambara Duncan Consulting Firm LLC, based in Austin. “As soon as a business has 15 employees, they need H.R.,” she said. But ideally, they should be […]

Samsung Eyeing $160 Billion Additional Investment in Building More Chip Plants in Taylor and Austin

Last November, Samsung Electronics announced plans to build a new semiconductor manufacturing plant in Taylor and invest $17 billion. But that may be just the beginning. Last week, Samsung filed papers with the Texas Comptroller’s office outlining plans for “up to ten separate fabrication facilities” if the project were located in Williamson County. Fab 1 […]

MeBeBot Creates Intelligent Assistants for the Workplace

Beth White, founder, and CEO of MeBeBot, created a virtual assistant powered by artificial intelligence that can answer frequently asked questions for companies. MeBeBot, founded in 2018, was also one of twelve startups featured in Silicon Hills News’ 2022 Austin Technology Calendar. White recently did a Q&A with Silicon Hills News about her company. Q. […]

Austin Startups Raise $870 Million in 80 Deals in the Second Quarter of 2022

Austin Startups Raised $870 million in the second quarter of 2022, down 55 percent from $1.9 billion during the same quarter in 2021, according to the latest Pitchbook-National Venture Capital Association Venture Monitor report. The deal volume also dropped 13 percent to 80 deals in the second quarter compared to 94 deals for the same […]

Multicoin Capital Announces $430 Million Venture Fund III

Multicoin Capital, a crypto fund founded in 2017, announced last week its latest venture fund, $430 million Venture Fund III. The Austin-based firm invests between $500,000 and $25 million in early-stage opportunities. It also finances later-stage projects up to $100 million or more. “We’ve been investing in crypto for about 5 years now and have […]

Seven Key Takeaways from the Austin Chamber’s Tech Industry Report

1. High-tech salaries in Austin are up since 2020 by nearly 10 percent to an average of $150,026, compared to the average annual salary in Austin of $78,224 for all jobs. 2. Lots of companies have relocated to Austin from California, Illinois, New York, and other states. Today, Austin has 9,565 high-tech companies, up nearly […]