Category: Austin (Page 160 of 318)

Harvesting Water and Other Resources from Asteroids in Space

Chris Lewicki, the president and chief engineer of Planetary Resources, photo courtesy of SXSW Eco

Chris Lewicki, the president and chief engineer of Planetary Resources, photo courtesy of SXSW Eco

Scott Wilcox, the director of South by Southwest Eco introduced the conference’s kickoff keynote address by Chris Lewicki, the president and chief engineer of Planetary Resources, Monday morning.

“I am really excited about our opening speaker,” Wilcox said. “He helms a company whose vision is to do the impossible now. To bring the natural resources of space within humanity’s economic sphere of influence.”

Lewicki embraces innovation by harvesting water and other resources such as platinum metals from asteroids.

Today, researchers have discovered 600,000 asteroids, which is just one percent of the asteroids that are out there, Lewicki said.

The asteroids are the future of a trillion dollar industry, Lewicki said.

Eight Can’t Miss Events at SXSW Eco

SXSW Eco courtesy photo.

SXSW Eco courtesy photo.

South by Southwest Eco kicks off on Monday and runs through Wednesday with a packed schedule focused on cities, corporate social responsibility, startups, design, energy, water, policy and more.

The event is only open to registered participants and takes place at the Austin Convention Center. The walk up rate is $495.

Here’s a few of the don’t miss panels and talks at this year’s event.

1.) MONDAY – Redefining Natural Resources – Turning Sci-Fi into Science Fact – Chris Lewicki with Planetary Resources gives the keynote address at 9 a.m. The company is harvesting natural resources from space like water and rare metals from asteroids to supply the earth’s economy.

2.) MONDAY – Startup Showcase: International Innovations starts at 9:45 a.m. This is one in a series of startup pitch events at SXSW Eco. It features a live pitch competition from global startups.

3.) MONDAY – Space Age Solutions to Earth’s Complex Challenges AT 11:00 a.m. A panel of experts discuss the rise of commercial activity in space by private companies.

4.) MONDAY – Transportation of the Future: Building the Hyperloop at 1:00 p.m. featuring Dirk Ahlborn, CEO of Hyperloop Transportation Technologies. He’ll discuss the latest advances in transportation from supersonic trains to drones and next-generation planes.

5.) MONDAY – Designing The Cheeseburger Of Tomorrow at 4:45 p.m. featuring a panel of experts discussing the cheeseburgers of the future engineered with meat and dairy products that can be grown in the lab from animal tissue or require no animals at all.

6.) TUESDAY – VC + Clean Energy Startups: Unexamined Progress at 9:30 a.m. A panel of experts discussing ways to finance energy startups.

7.) TUESDAY – Another VC focused panel on financing innovative startups: Inventing the Future: How Black Swans Can Solve the World’s Sustainability Problems at 2:15 p.m. features Andrew Chung, investment partner in Khosla Ventures.

8.) WEDNESDAY – Encoding Empathy in Technology at 10:30 a.m. involves a panel of experts talking about how to ensure inventors and users of innovative technology maintain a strong ethical fiber and strong empathetic skills.

13 Top Picks for Austin Startup Week

imgres-3-1Are you ready for Austin Startup Week? Five days of fun events for the technology community to learn and celebrate its uniquely Austin culture. There’s definitely something for everyone. Here’s just a few of the top picks on our list for this week. (It’s a busy week in Austin tech since South by Southwest Eco also kicks off on Monday at the Austin Convention Center and InnoTech Austin takes place on Thursday.)

1. On Monday, make sure to wear your vintage startup T-shirt and attend the Austin Startup Week Opening Party: The Austin Technology Council’s Battle of the Tech Bands from 6 p.m. to 10 p.m. at Mohawk. It features tech bands from AthenaHealth, Sailpoint, Under Armour, SpareFoot, Civitas Learning, WP Engine and Dropbox.

2. On Tuesday, go meet Amos Schwartzfarb, the new managing director of Techstars Austin. He’s currently recruiting the next cohort of startup companies for the highly competitive technology accelerator. Schwartzfarb is holding office hours as well as conducting fireside chats at Techstars Austin. Some of the sessions are filling up quickly.

3. Also, on Tuesday, the Central Texas Angel Network and its executive director, Claire England, is hosting an entrepreneurial workshop from 1 p.m. to 3 p.m. at Techstars. CTAN is one of the most active angel networks in the country. They’ve been a huge asset in funding and growing Austin’s technology industry.

4. On Tuesday evening, attend the first Women in Tech Mixer. A lot of talk lately in the tech world has focused on inclusion and diversity. Here’s an opportunity to not just talk the talk but walk the walk.

5. Wednesday is also a busy day! In the morning, you’ll have to choose among several great events. We recommend getting up early and heading to Britain Open for Business starting at 8:30 a.m. at Old School, 401 E. Sixth Street.

6. Then head over to Capital Factory for the Oslo Innovation competition, your startup could win an all expense paid trip to Norway.

7. And also on Wednesday is the popular Tech Writers Panel put on by Dave Manzer at PR Over Coffee which is being held at Techstars starting at 10 a.m. The event features Stacey Higginbotham with Fortune, Tom Cheredar with Gigaom, Jared Wynne with the Daily Dot and Laura Lorek with Silicon Hills News.

8. In the evening on Wednesday check out the Australian Networking Event which takes place at the Kunst Gallery at 411 Brazos from 7 p.m. to 8:30 p.m

9. Also Wednesday night is the third annual Social Good Summit fast pitch contest at Google Fiber headquarters at 201 Colorado Street in downtown Austin. RSVP and get your ticket here.

10. Thursday – Austin’s premier technology conference: InnoTech Austin kicks off with a keynote talk on the space industry at the Austin Convention Center. The event requires registration, but InnoTech is providing complimentary registration with the discount code START99.

11. Thursday – A special edition of Austin Open Coffee Club is being held from 9 a.m. to 11 a.m. at Atlassian’s headquarters at 303 Colorado Street, Suite 1600. Damon Clinkscales heads up this popular tech entrepreneurial meetup.

12. Thursday – ATX Startup Crawl – this event even has its own smartphone app to keep track of all of the startups participating in the event, which culminates at Capital Factory.

13 Friday – Austin Startup Week Hangover Breakfast, hosted by Hired.com, at Departure Lounge 311 W 5th St.

Get Set to Rock at the ATC Battle of the Bands at Austin Startup Week

ATC Battle of the Bands photo from 2014, courtesy of Austin Technology Council.

ATC Battle of the Bands photo from 2014, courtesy of Austin Technology Council.

Tech and music go together like smartphones and selfies.

And fresh off the first weekend of the Austin City Limits festival comes one of the biggest tech band battle showdowns of the year.

This year, six bands hailing from the offices of local tech companies will compete at the Austin Technology Council’s Battle of the Bands that will also kick off Austin Startup Week Oct. 5th at Mohawk. That’s down from 11 bands that played at the event last year.

This is the third annual Battle of the Bands and each year the event attracts more than 1,000 people, according to event organizers.

The bands are from AthenaHealth, Sailpoint, Under Armour, SpareFoot, Civitas Learning, WP Engine and Dropbox.

The event is free but ATC does want everyone to register for a ticket. There’s also an option to order food from onsite food trucks via Foodee for a few dollars extra.

The fifth annual Austin Startup Week runs Monday through Friday. Check out the full lineup of events here.

Mirna Therapeutics is Austin’s Newest Public Company

Licensed from iStockphoto.com

Licensed from iStockphoto.com

Mirna Therapeutics became Austin’s newest publicly traded company last week.

The biopharmaceutical company, which is developing therapies for the treatment of liver cancer, filed an amended S-1 Registration document with the U.S. Securities Exchange Commission to offer 6.2 million shares at $7 a share to raise $44 million during its initial public offering last Thursday.

The company is now listed on the Nasdaq under the symbol MIRN.

Mirna Therapeutics, founded in 2007, has raised $82.8 million from 16 investors in four rounds, according to its CrunchBase profile. The company is currently in Phase I clinical trials with its microRNA replacement drug therapies to jumpstart the body into suppressing cancerous tumors. It plans to use the proceeds from its IPO to finance further development of its drugs and for clinical trials, according to its registration statement.

RunTitle Gets $8 Million to Make it Easier for Oil and Gas Companies to Drill Wells

iStock_000001993092_LargeRunTitle announced last week it has closed on $8 million in Series A financing led by the Founders Fund.

The Austin-based startup also received funds from Deep Fork Capital, existing investor Austin Ventures and several individuals.

RunTitle plans to use the funds on engineering, marketing and sales and to expand its dataset of mineral title information. The company makes software that taps into its proprietary database of mineral and drilling rights titles. The process makes it easier for oil and gas companies to find the mineral rights owner on properties in which they want to drill or acquire.

“Oil and gas companies are seeking out ways to maximize efficiency now more than ever. By making land information easily accessible, RunTitle has the potential to eliminate billions of dollars of unnecessary spend,” Geoff Lewis, Partner at Founders Fund, said in a news release.

Aceable Closes on $4.7 Million in Funding

imgres-3Aceable, a startup seeking to disrupt the driver’s education market, announced Thursday it has received $4.7 million in seed stage funding.

The Austin-based company plans to use the money to hire employees and to enter new markets that require professional certificates.

Silverton Partners led the funding with participation from Floodgate Ventures, NextGen Angels and Capital Factory.

Aceable, with 20 employees, offers online courses in drivers education, defensive driving and traffic school in Texas and Florida. It has roughly 100,000 customers. Silicon Hills News did this profile on the company earlier this year.

“Our goal is to make the required driving education and certification process enjoyable and accessible to everyone,” Blake Garrett, Aceable CEO, said in a news release. “Just in drivers education alone, we’ve already seen 80 percent of our courses completed on a mobile device. Now with additional funding, we’re excited to be able to offer our mobile drivers ed courses in other states and continue to add new applications.”

Bellhops Seeks to Take the Pain Out of Moving

_MG_0105 (1)Taking the pain out of moving is a problem that Bellhops seeks to solve in the quickly evolving on-demand economy.

The Chattanooga, Tenn.-based startup launched into the Austin market a few years ago and now has more than 65 contractors, University of Texas at Austin students, who work part-time to move people around Austin.

Bellhops currently operates in more than 100 cities nationwide. Cameron Doody and Stephen Valhos launched the company in 2013. Its sweet spot is using an online platform and mobile apps to allow people to easily book a moving team. It also uses strong, young college students as its on-demand workforce. They can pick and choose from the jobs listed on the platform to adjust the work to their schedule.

Last November, Bellhops closed on a $6.5 million Series A round of funding, which has allowed the company to expand in its most productive markets.

imagesThe moving industry appears ripe for disruption. It’s composed mostly of small businesses with about 48 percent of the industry made up of companies with fewer than five employees, according to the American Moving & Storage Association.

And the market is large. An estimated 12 percent of the population moves every year, according to the association. College markets are particularly mobile with students moving in and out every semester.

The Bellhops job appeals to college students because it provides a lot of flexibility and real world job skills, said Zach Toth, Bellhops Austin city manager.

For example, a lot of the students use the ratings from their Bellhops jobs to get their first jobs in their chosen fields after graduation, Toth said. Bellhops provides a customer rating system that gives feedback to the movers. Those customer ratings can demonstrate a whole range of desirable skills to future employers including good customer service, problem solving skills and the ability to prioritize tasks, Toth said.

Bellhops also pays $15 an hour to a move-in Capitan and $13 an hour to a Wingman plus tips, Toth said.

Bellhop Chris Pringle, a UT student, needed a job with a lot of flexibility and good pay. He works about three to five jobs a week.

“I absolutely love the experience,” Pringle said. “ Coming into it, I had no idea that the moving industry is one that is old and outdated. All of my customers are excited to see young college guys come to help them out with such positive attitudes. It truly makes for an awesome experience on both sides of the transaction.”

Hector Hernandez, the top Bellhops mover in the country, truly loves the work. He works four times a week during the school year but in the summer, he worked as much as possible with up to five jobs a day, six days a week.

“I get the chance, each move to help someone on one of the hardest days of the year,” Hernandez said. “Since this is a very personal job, because I am handling people’s belongings, a certain type of trust comes with the job and I am able to make a lot of great connections.”

Robin James recently hired Bellhops to help with a move. She heard about them through the University of Texas Parents Association.

“I’m a total girly girl and I needed help unloading my son’s stuff in Austin at his new apartment,” James said.

James was impressed with the service. Her Bellhops were fast and friendly, she said. And she said she would use them again.

“Because it was so easy to make an appointment, they were reliable and able to accommodate us with no issues when we arrived earlier than expected,” she said.

Favor Launches in Washington, D.C.

imgres-1In its continued expansion across the country, Austin-based Favor announced this week it has launched in Washington, D.C.

Favor is now available in 14 cities nationwide and in Canada.

For the launch, the company is offering its first time customers in D.C. free delivery using the promo code “District.” The company employs errand runners which will fetch anything from “burritos to iPhone chargers, in under an hour.” Favor has apps for both iPhone and Android smartphones.

“With the city’s rapidly expanding tech industry and thriving cultural scene, we know that residents keep a busy schedule — and we look forward to helping make their lives that little bit easier,” Jag Bath, Chief Executive Officer and President of Favor, said in a news release.

Favor, founded in 2013, has received $16.9 million in venture funding to date. With its latest investment of $13 million received in March, the company is continuing its expansion into new cities.

InforcePro Gets $4 Million in Funding

gI_60901_postcardInforcePro, a life insurance technology platform, announced Tuesday that it has closed a $4 million venture capital round.

To date, the Austin-based startup, with 25 employees, has raised more than $5 million. It launched its platform in 2014. Its software now monitors more than two million life insurance policies.

Cameron Jacox and Karan Kanodia founded the company.

“This financing will help enable us to grow our team by roughly 400% over the next 24 months to more effectively capitalize on the booming demand for our insurance policy monitoring software, allowing us to help more than 600 million global policyholders’ identify contract options, performance changes, and suitability” Jacox said in a news release.

Austin-based LiveOak Venture Partners made the investment.

“LiveOak’s investment will help InforcePRO capitalize on the global demand for their solutions, and accelerate the company’s pace of product innovation,” Venu Shamapant, general partner at LiveOak Venture Partners, said in a news release.

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