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Colossal Launches with $15 Million in Funding to Genetically Engineer Woolly Mammoths to Restore the Arctic Wilderness

Co-Founders of Colossal, Ben Lamm (L), CEO and Dr. George Church (R), PhD

Thousands of years ago, amid a warming climate, the woolly mammoth vanished into extinction.

Now, serial entrepreneur Ben Lamm is teaming up with world-renowned geneticist and serial biotech entrepreneur George Church, Ph.D., to bring the woolly mammoth back to life.

That’s the mission behind Colossal, a bioscience and genetics company co-founded by Church and Lamm and a handful of other entrepreneurs that launched Monday.

And they are not stopping with the woolly mammoth. They plan to apply genetic engineering to save other species from extinction or to bring back to life those that have already died off.

Lamm, an Austin native who splits his time between Austin and Dallas, has a track record of tackling big problems. Lamm, 39, most recently co-founded Hypergiant Technologies, an artificial intelligence company based in Austin. In May, he stepped aside as CEO to focus on his new venture. Previously, Lamm founded and served as CEO of Conversable acquired by LivePerson and co-founder and CEO of Chaotic Moon Studios acquired by Accenture and Team Chaos, acquired by Zynga.

Colossal plans to use CRISPR technology to apply advanced gene-editing techniques to restore the woolly mammoth to the Arctic tundra. The company is based out of Austin, Dallas, and Boston. It has 19 employees. Software operations reside in Austin. Hardware, wetware, and genetic rescue and species restoration departments are in Dallas. And the research lab is in Boston.

“Never before has humanity been able to harness the power of this technology to rebuild ecosystems, heal our Earth and preserve its future through the repopulation of extinct animals,” Lamm, CEO and Co-Founder of Colossal, said in a news release. “In addition to bringing back ancient extinct species like the woolly mammoth, we will be able to leverage our technologies to help preserve critically endangered species that are on the verge of extinction and restore animals where humankind had a hand in their demise.”

The problem is urgent. Up to 1 million: species are threatened with extinction, many within decades, according to a United Nations 2019 report on Nature’s Dangerous Decline ‘Unprecedented’; Species Extinction Rates ‘Accelerating’. As animals disappear, ecosystems can collapse leading to tragic consequences. Colossal is focused on restoring animal populations to protect habitats and create healthier ecosystems.

“Colossal leverages the exponential progress made in technologies for reading and writing DNA and applies it to iconic ecological conservation and carbon sequestration issues,” Colossal Co-Founder Church said in a news release.

Restoring the woolly mammoth will lead to the restoration of the Arctic Tundra, according to Colossal.

“Some researchers have argued that woolly mammoths were ecosystem engineers, maintaining the grasslands by breaking up moss, knocking down trees and providing fertilizer with their droppings,” according to an article in the New York Times on the company’s launch.

Church, who is the Robert Winthrop Professor of Genetics at Harvard Medical School (HMS) and a Core Faculty member at the Wyss Institute for Biologically Inspired Engineering at Harvard University, has pioneered several breakthroughs that have progressed the field of genomics, including CRISPR. 

“A former researcher in Dr. Church’s lab, Eriona Hysolli, will oversee the new company’s efforts to edit elephant DNA, adding genes for mammoth traits like dense hair and thick fat for withstanding cold,” according to the New York Times. “The researchers hope to produce embryos of these mammoth-like elephants in a few years, and ultimately produce entire populations of the animals.”

The elephant-mammoth hybrid will be genetically engineered with traits to help it survive in the Arctic.

“Technologies discovered in pursuit of this grand vision – a living, walking proxy of a woolly mammoth – could create very significant opportunities in conservation and beyond, not least of which include inspiring public interest in STEM, prompting timely discussions in bioethics, and raising awareness of the vital importance of biodiversity,” Church said.

Colossal is backed by $15 million in seed-stage funding led by Thomas Tull with participation from Draper Associates, Animal Capital, At One Ventures, Jazz Ventures, Bold Capital, Global Space Ventures, Climate Capital, Winklevoss Capital, Liquid2 Ventures, Capital Factory, Tony Robbins and First Light Capital.

Lamm will serve as Colossal’s CEO, Andrew Busey will serve as Chief Product Officer, and is also a co-founder. Kent Wakeford is also co-founder and Chief Operating Officer, Brian Beard is co-founder and Chief Legal Officer, and Peter Phillips is co-founder and Chief Business Officer and Head of Biological Sciences Hysolli, Ph.D., a former postdoctoral fellow in the Church Lab from 2015 to 2021.

Colossal has licensed the technology from Harvard to commercialize the research from the Church Lab, in a range of defined fields, excluding use in humans.  

UT Spinout GenXComm Lands $20 Million in Funding to Develop Technology for Private Cellular Networks

GenXComm, a telecommunications startup spun out of the University of Texas at Austin, announced it has raised $20 million in funding.

Motive Companies led the Series B round with participation from Rain Next-Gen Communications and existing investor BMW iVentures.

The Austin-based company plans to use the funding to accelerate its product development and commercial launch of its private 4G LTE and 5G network solutions.

To date, the company has raised more than $29 million, including $7 million in Series A funding led by Intel Capital. Its other investors include Azure Capital Partners, Bandgap Ventures, Capital Factory, FAM Capital Partners, Lip-Bu Tan, UT Horizon Fund and WS Investment Co.

UT Electrical and Computer Engineering Professor Sriram Vishwawath founded GenXComm in 2016 along with Hardik Jain and Stephen Gartside.

The company is solving the problem of wireless networks that can’t handle a lot of traffic. GenXComm’s technology combines radiofrequency and photonics to solve the problems associated with today’s wireless connectivity infrastructure. Its mesh technology network technology breaks through the limits of conventional wireless capabilities, allowing for faster, more reliable, and more affordable networking solutions.

GenXComm’s technology optimizes communication by allowing wireless channels to transmit and receive simultaneously – on the same frequencies.

“Enterprise and Industrial customers worldwide are investing in the digital transformation and full automation of business processes and decision systems,”  Jain, CTO of GenXComm said in a news release. “GenXComm’s 4G LTE and 5G cellular mesh systems will provide the enterprise WAN with the coverage, reliability, agility, and secure connectivity required to make this transformation a reality.”

 “The true advantage of GenXComm is their technology’s ability to significantly reduce costs while increasing the speed of communications and remaining inference-free,” said Robert Istwan, chief executive officer of Motive Companies said in a news release.

“We believe GenXComm’s solutions enable enterprises to own and operate their own private cellular networks,” Chris Donini, Managing Director at Raine said in a news release. “The market for private wireless networks is exploding, and we are excited to partner with a company at the forefront of the innovation required to service Industry 4.0.”

GenXComm’s technology gives companies and organizations the ability to evolve from enterprise Wi-Fi, cabled, or public wireless carrier solutions to their own private cellular network easily and cost-effectively.

Eventus Systems Closes on $30 Million in Funding

Eventus Systems, an Austin-based trade surveillance provider for major digital asset exchanges, announced it has closed on a $30 million round of funding.

Centana Growth Partners led the Series B funding which included participation from DRW VC, CMT Digital, Jump Capital, LiveOak Venture Partners and several new strategic investors.

The company plans to use the funding to hire sales, product and engineering staff and on product development of its flagship Validus platform.

As part of the deal, Centana Partner Ben Cukier has joined the Eventus board of directors.

“Following our investment round early last year, we continued to show strong topline revenue growth, nearly quadrupling our staff across every facet of our business, building our presence in Europe and Asia-Pacific, attracting a wide range of new clients and adding hundreds of new features and enhancements to our Validus platform,” Eventus CEO Travis Schwab said in a news release. “With a strong foothold in all of the major asset classes, we became the leading trade surveillance solution for the major digital asset exchanges globally and expanded our reach into the fixed income and foreign exchange markets.”

“This new investment positions us to achieve our ambitious plans for further growth and penetration into new markets, as well as our never-ending quest for delivering market-leading solutions and support across the capital markets ecosystem,” Schwab said.

Eventus’ customers include Tier 1 banks, brokerages and futures commission merchants, proprietary trading firms, exchanges, corporates and buy-side firms.

 “The past year has demonstrated the increased need for automating and strengthening regulatory compliance,” Matt Alfieri, Principal at Centana Growth Partners, said in a news release. “We’ve been incredibly impressed by the deeply experienced team and efficient, scalable and powerful trade surveillance and market risk system that Eventus has built.  Its clients are truly passionate about the platform and quality of service. As the focus of trade surveillance widens to other asset classes like crypto, Eventus is poised not only to set the standard for compliance and transparency but to further accelerate its growth trajectory.”

To date, Eventus has raised $48.5 million. That includes $10.5 million in Series A funding closed in February of 2020, led by Jump Capital and LiveOak Venture Partners.

Eventus has earned 15 global awards and honors since late 2018 for its technology, innovation and client service, including the Risk Technology Award for Trade Surveillance Product of the Year.

RealWork Labs Lands $2.5 Million for its Software that Helps Home Service Providers Attract New Customers

While building a tiny home in Austin last March, Rusty Fincke turned to his neighbors and friends to find an electrician.

“I was using Nextdoor and asking friends for referrals,” he said.

That sparked the idea for RealWork Labs, which creates lead generation marketing software for the home services industry. Fincke joined with Pierce Birkhold, to launch the company in August of 2020. Its software helps home service providers improve their web presence by using video testimonials, customer recommendations, and social media to market. Its customers include plumbers, electricians, HVAC technicians, roofers, landscapers, and more. It also has a check-in feature that pinpoints on a map exactly where the workers have done jobs in a particular area.

In a short time, RealWork Labs has gained a lot of traction, Birkhold said. It has 500 customers in just about every state including Alaska and Hawaii, he said. They have also hired 30 employees and leased space at the WeWork University building.

On Thursday, RealWork Labs announced it had closed on $2.5 million in seed-stage funding, led by LiveOak Venture Partners. And Krishna Srinivasan, founding partner at LiveOak is joining RealWork Labs’ board along with John Berkowitz, co-founder of OJO Labs and Yodle.

RealWork plans to use the funds raised to accelerate product development and hire more employees to provide customer service and sales, Birkhold said.

Previously, Fincke and Birkhold worked at Yodle and Digital Pharmacist. Unlike other founders who come from a product development background, they both have experience in sales and customer service. They also only put in $3,000 each along with Warren Lentz, another Digital Pharmacist alum to startup operations. The company has been profitable and generating revenue since its earliest days, Fincke said.

“We’ve grown organically,” Fincke said. “We haven’t taken out a loan to hire a bunch of people.”

Now RealWork Labs is spending millions of dollars on continuous product development. Birkhold said.

“The business is profitable and cash-flow positive and we’re able to grow our support team and sales team and invest in tools and best practices for our teams to support those customers in the best way,” Birkhold said.

RealWork Labs origin story is like a lot of bootstrapped entrepreneurs in Austin who tend to be scrappy, resourceful, and run-on revenue before seeking funding.

“We definitely have the taco truck approach to getting to where we are now,” he said. “We’re not full P. Terry’s yet, or Torchy’s but we’re a little bit above hanging out in a truck.”

RealWork Labs has done a good job of keeping its finances in control and not spending above its means, so the company doesn’t go into debt, Fincke said.

“We’ve had a lot of laughter and a lot of arguments to get to where we are today and everything has continued to pan out in our favor,” he said.

It was important to the founders to build an employee first organization, Birkhold said. All employees have health insurance and are on staff, not contractors, he said.

“As we bring the best of breed from all the places that we’ve worked at we are hyper focused on our employees,” Birkhold said. They wanted to create a company that they enjoyed working at, he said.

“We have known the founders both by reputation and by working with them previously, as being simply exceptional in building and scaling software solutions that target SMBs. The incredible traction the company has had in such a short period of time is both a testament to the founders’ abilities in this area and the magnitude of the market opportunity”  Krishna Srinivasan, board member and Founding Partner at LiveOak Venture Partners, said in a news release.

The pandemic has slowed down the home services industry lately with material shortages and labor shortages, Birkhold said. Some home service providers are not taking on new business until next year, he said.

“Even devices like garage door companies and HVAC servicers are seeing shortages of materials that are impeding their ability to grow,” he said.

“The pandemic is both a headwind and tailwind at the same time,” Birkhold said.

But those businesses still need to develop and maintain relationships with customers. And the key is to generate trust. That comes from customers endorsing businesses, he said. With the RealWork Labs software, field technicians can use their cell phones to capture on-site video and tell better stories about their customer service, he said.

“We are doing that at the neighborhood level and generating media and furthering the ecosystem so neighbors nearby can see the video and content of what’s happening near them,” Birkhold said.

“It generates leads for the company,” he said.

“The first step is getting found. The second step is a new customer calling you. How do they choose one plumber versus another?” Birkhold said.  “You can engineer behavior between technicians, prospects, and current customers through the use of technology and cell phones and a platform that can really overhaul the way home services businesses operate.”

The best advocate they could ever have isn’t a marketing agency that edits their work it’s their customers, Birkhold said.

“And the best people for their customers to be speaking to are their neighbors and people near them,” he said.

What makes RealWork Labs special is that businesses can’t fake or force what it does, Birkhold said. Its video testimonials and social proof only work if the business does good work, he said.

Firefly Aerospace Launches its Alpha Rocket and Then it Explodes

Firefly Aerospace launched its first rocket, Alpha, and then it experienced an “anomaly” and exploded once it reached supersonic speed.

“Alpha experienced an anomaly during the first stage ascent that resulted in the loss of the vehicle,” Firefly posted to Twitter.

The company, which is based in Cedar Park, launched its 95-foot tall Alpha rocket from Vanderburg Air Force Base in California at 6:59 p.m. California time. Everyday Astronaut live-streamed the event on YouTube. The rocket successfully cleared the launchpad and then exploded approximately two minutes into the flight.

“Prior to entering the countdown, the Range cleared the pad and all surrounding areas to minimize risk to Firefly employees, base staff, and the general public,” according to a Firefly post on Twitter.

“While it’s too early to draw conclusions as to the root cause, we will be diligent in our investigation, in partnership with the FAA and the Vanderberg Air Force Base,” according to a statement Firefly issued

Firefly also said while it didn’t reach all of its objectives with the launch, it did achieve a successful first stage ignition, liftoff off the pad,  progression to supersonic speed and it obtained a lot of flight data.

Serial Entrepreneur Andrew Eye Discusses ClosedLoop.ai’s $34 Million in Funding and its Technology on the Ideas to Invoices Podcast

ClosedLoop.ai’s Co-Founders Dave DeCaprio and Andrew Eye

ClosedLoop.ai, a healthcare technology startup, recently raised $34 million in funding.

The Austin-based company plans to use the funding to hire additional staff and to further develop its data science platform for the healthcare industry.

Andrew Eye, ClosedLoop.ai’s CEO and Co-Founder, recently sat down for an interview with the Ideas to Invoices podcast to talk about his latest venture. Eye previously founded and sold two other technology companies.‍

In 2012 Eye co-founded the mobile software company Boxer, email management software. In 2015, VMWare acquired Boxer.‍

Before Boxer, Eye co-founded the cyber security firm Ciphent in 2007. Ciphent grew to nearly 100 employees with 1,000 customers by 2010 before being acquired by Accuvant (now Optiv).

Eye teamed up with Dave DeCaprio to found CLosedloop.ai in 2017. Eye had previously worked with DeCaprio, who was working on applying machine learning to the healthcare industry.

The venture became even more personal to Eye following a healthcare challenge after his youngest daughter was diagnosed with auto-immune hepatitis.

“The diagnostic odyssey we kind of went on in that process made me really realize how little our health data as patients is used in trying to figure out what’s wrong with us or what to do about it,” Eye said.

In April, ClosedLoop.ai beat out more than 300 participants including IBM, Mayo Clinic, Accenture, and Merck to win the $1.6 CMS AI Health Outcomes Challenge.

“We thought this contest was tailored made for us from the beginning,” Eye said. “What they were asking the industry to build was AI that physicians trust. We had already been working on that for two years at the time. The contest ended up being a two-year-long contest because of COVID, it kind of stretched out.”

ClosedLoop.ai had been building software that could create proprietary algorithms uniquely tailored to each clinic or hospital system to identify at-risk patients and recommend the best course of treatment for each person. The company had created the right product at the right time for the challenge, Eye said.

“One of our favorite sayings is the harder we work, the luckier we get,” Eye said.

The final submission for the contest was due the week the massive snowstorm hit Texas last February. Eye had no power in his house for six days. He drove his truck to the end of his road because he couldn’t get out of his neighborhood. He parked in his car and used his cell phone to tether to the Internet and he worked up to eight hours each day on the project and then uploaded ClosedLoop.ai’s submission documents for the contest.

“We put every ounce of effort into winning this because we think it’s really important in demonstrating what artificial intelligence can do in healthcare,” Eye said.

“One of the things we like to say here at ClosedLoop is we predict the future so you can change it,” Eye said. “You – being a doctor, you – being a patient, you – being a nurse, you – being a care manager. So, the idea is to leverage any linkable patient data that is available to predict future health events.”

Usually, patient data is anchored in historic electronic medical records, admissions records for hospitals and clinics, and social determinants of health like whether you live in an area with good grocery stores, Eye said. ClosedLoop.ai takes all this linkable data and takes other features like prior diagnosis, current medications, and other variables and puts them into an algorithm and what comes out on the other side is predictive analysis, Eye said.  

“There is no one master algorithm that is accurate for everyone,” Eye said.

Because the reasons people get admitted to a Medicare-focused practice in South Florida is different from the reasons people get admitted to a Medicaid-focused practice in the Bronx, Eye said.

“You’re going to have kids with asthma exacerbation in the Bronx and you’re going to have retirees who are falling and breaking hips in South Florida.”

Winning the CMS Challenge promoted ClosedLoop.ai to raise its Series B round of funding about 18 months earlier than it had planned, Eye said. It had the opportunity to get some really strategic investors on board, so it raised the $34 million relatively quickly, Eye said.

The Series B investment round was led by Telstra Ventures with participation from Breyer Capital, Greycroft Ventures, .406 Ventures, and Healthfirst. Notable angel investors Adam Boehler, former director of the Centers for Medicare and Medicaid Innovation and CEO of Landmark Health, and Sam Palmisano, former CEO of IBM, also participated in the round. 

For more, listen to the entire podcast, pasted below, or wherever you get your podcasts – available on Google play store, Apple iTunes, Spotify, PlayerFM, Libsyn, and more.

ICON Raises $207 Million in Funding to Build Houses on Earth and in Space

ICON CO-Founders Alex Le Roux, Jason Ballard and Evan Loomis, photo courtesy of ICON

ICON, the Austin-based startup that builds homes with its giant 3-D printers using concrete as substrate, has four large-scale 3-D home printers and it has tens of thousands of requests for homes.

“It’s sometimes heartbreaking but you have to decide what to say yes to and what to say no to,” said Jason Ballard, Co-Founder, and CEO of ICON.

That’s one of the reasons ICON sought more funding, Ballard said. The company announced Monday that it has completed a $207 million Series B round of financing led by Norwest Venture Partners. It’s one of the largest fundraising rounds for an Austin-based company in history.

Other investors included 8VC, BIG-Bjarke Ingels Group, BOND, Citi, Crosstimbers, Ensemble Fifth Wall, LEN Moderne Ventures and Oakhouse Partners.

To date, ICON has raised $266 million since launching three years ago.

With the new funding, ICON will be able to say yes to more projects and will be able to scale up its manufacturing operations, Ballard said. It allows the company to scale up its operations faster, he said. ICON’s new Vulcan construction system can 3D print homes and structures up to 3,000 square feet.

“This is like the Apollo program for the future of the building industry,” Ballard said. ICON is trying to attract the most brilliant engineers, scientists, architects, operators, and leaders, he said.

“We are assembling the Avengers,” Ballard said.

ICON is focused on tackling one of humanity’s most profound problems which is homelessness, but it’s also focused on profound opportunities to build lunar space stations and Mars habitats, Ballard said.

ICON has built about two dozen homes all together in Texas and in Mexico, Ballard said. It teamed up with Mobile Loaves and Fishes, a nonprofit organization focused on helping Austin’s homeless, last year to build six 3-D printed homes for Community First! Village, a 51-acre master-planned development in Austin.

ICON 3-D printed homes in Tabasco, Mexico, photo courtesy of ICON

In addition to the Mobile Loaves & Fishes project, in 2020, ICON built 3D-printed homes in Mexico alongside nonprofit partner, New Story. ICON also partnered with the Defense Innovation Unit and the United States Marine Corps to train Marines to operate its technology and complete a field demonstration print at Camp Pendleton.

ICON plans to spend half of the money it has raised on scaling operations and the other half on innovation to make its printers even better, Ballard said.

“To make it faster, to make it cheaper, and to improve sustainability,” he said. It was only three years ago that ICON printed the first 3-D house in America, he said.

“And so, we’re still early days and there’s a lot more research and development to be done as well,” Ballard said. “But we didn’t want to wait until all of that was done before putting more houses on the ground for folks because the needs are profound.”

ICON has already doubled its workforce this year to more than 100 employees and plans to double its workforce next year and again the year after that, Ballard said.

ICON has a manufacturing facility in South Austin, and it has enough space to accommodate its growth for the next 18 months but it will most likely need to expand after that, Ballard said.

An ICON 3D-printed Martian analog habitat designed by BIG at NASA’s Johnson Space Center, photo courtesy of ICON

In addition to working to provide more housing, ICON participated in a NASA 3-D habitat building challenge which led to the company being awarded a contract to deliver a 3-D printed habitat, known as Mars Dune Alpha at NASA’s Johnson Space Center. NASA will be using the 3-D habitat for training and is already soliciting applications from people who want to participate in the year-long Mars mission simulations.

ICON also received funding from NASA for “Project Olympus” to create a space-based construction system to support future explorations of the Moon. It’s at the Marshall Space Flight Center as part of the Artemis program, Ballard said.

The space projects started out as a small side project, but now they’ve become so big ICON is hiring entire teams dedicated to work on each one, Ballard said.

“I have the most fantastic job,” Ballard said. “Depending on the day, we’re trying to figure out how to house homeless who are combating housing affordability and then the next day it’s like moon bases.”

ICON is the only company in the world where both of those kinds of efforts in underway in a very serious way, Ballard said.

“Our work with NASA has helped us mature the technology faster,” Ballard said. “The civilization that builds the moon base is going to be the same civilization that finds a way to end homelessness. These things go together, and they are not in competition at least not in our context.”

In the next 90 days, ICON plans to make a “pretty large” announcement for housing in the Austin area, Ballard said. He can’t provide details yet, but soon, he said.

“ICON’s groundbreaking technology has created a new paradigm for homebuilding that fundamentally changes how housing is constructed,” Jeff Crowe, managing partner, Norwest Venture Partners, said in a news release. “The company is already building everything from single-family homes for the homeless all the way to structures for habitation on the moon and Mars.  But we are particularly excited about the opportunity for ICON to collaborate with home builders and massively impact the housing shortage currently plaguing the U.S. We’re thrilled to add ICON to our portfolio of innovative prop-tech leaders and look forward to partnering with the team in the years ahead.”

In early 2021, ICON began building the first 3D-printed homes for sale in America for developer 3Strands. Most recently, ICON debuted its new Exploration Series featuring “House Zero,” which was designed for 3D printing and features an elevated architectural and energy-efficient design that highlights resiliency and sustainability.

COVID-19 and its Variants Put the Kibosh on Austin Companies Plans to Go Back to the Office

By LAURA LOREK, publisher of Silicon Hills News

It’s a difficult landscape for employers and employees to traverse right now in Austin and throughout Texas as COVID-19 and its delta variant spreads rapidly leading to a surge of infections.

The loss of life and increase in illnesses also have a profound effect on Texas’ economy. The Perryman Group, an economic research firm, issued a report citing a massive resistance among Texas policymakers to require “sensible and basic protective measures, such as appropriate masking requirements and measures to encourage higher vaccination rates” which is costing lives and money.

The Perryman Group estimates that “preventable decreases in output (gross state product) due to the inadequate reaction to COVID-19 total $13.4 billion on an annualized basis. Employment losses were found to reach almost 72,000 jobs.”

Texas Governor Greg Abbott, who recently tested positive for COVID-19, has not required a statewide mask mandate since March 2nd or provided incentives to increase vaccination rates. He also put an end to pandemic federal and state unemployment benefits at the end of June, two months before the rest of the nation. The move was to encourage people to go back to work. But during the last month, Texas has experienced a surge of infections not seen since the height of the pandemic.

To date, Texas has had 3.4 million cases of COVID-19 resulting in 54,863 deaths, according to data compiled by John Hopkins University. Almost 47 percent of the Texas population is vaccinated, which lags behind the rest of the country with an estimated 52 percent of the population fully vaccinated. And Texas is reporting more than 17,000 new COVID-19 cases every day, according to John Hopkins Data. The result has been an increase in hospitalizations and ICU beds at capacity in many metro areas including Austin.

Since last March, a lot of Austin-based technology employers have adopted a hybrid workplace model allowing employees to work from home or in the office.

Those employers, Dell, Google, Facebook, Apple, which all have large campuses in Austin, have extended the work from home arrangements for many workers. Google, which has a large campus in a downtown Austin skyscraper and another finishing up construction, is extending its global voluntary work from home policy through October 18th, according to a post by Sundar Pichai, CEO of Google and Alphabet. Google also requires anyone coming into work at one of its offices to be fully vaccinated.

Dell is also pulling back plans to reopen on Sept. 7th because of the recent surge in the COVID-19 delta variant, according to a post by Jeff Clarke, Chief Operating Officer of Dell.

“Sadly, due to the recent surge in the COVID-19 delta variant, several locations previously showing green on our COVID-19 Risk Reference are now red,” Clarke wrote. “We expect this trend to continue for the next several months.”

Apple is delaying plans to require employees to return to the office until January because of the recent rise in COVID-19 cases and the rapid spread of variant viruses, according to a Bloomberg News story, citing an Apple memo sent to employees this week.

But a new study from Robert Half, a national employment agency, released this week, shows work from home arrangements could be short-term and end altogether when the pandemic ceases to be a threat.

In the survey, just 13 percent of Austin’s executives Robert Half surveyed, would allow employees to continue to work from home at the end of the pandemic. Austin ranked last on the list of 28 cities Robert Half surveyed.

Austin, Dallas, and Houston continue to be the most open cities with workers coming back into the office, according to Kastle Systems, a security company that gathers its data from badge swipes on the 2,600 buildings and 41,000 businesses it secures in 47 states.

In its weekly, Back to Work Barometer, Kastle Systems saw declines in office occupancy in nine of the ten cities on its list. And even Austin, Dallas, and Houston dropped below 50 percent occupancy over the past three weeks. The highly infectious delta variant of COVID-19 is to blame, according to Kastle Systems.

“Right now, everything is up in the air,” said Amber Gunst, CEO of the Austin Technology Council. “I know prior to the delta variant taking off many employers were planning a return to work, with flexible options for employees to work remotely when needed.”

“One of the key drivers for companies to bring employees back is the higher level of collaboration which so many tech companies rely upon for innovation,” she said. “Most are waiting to see how next few months turn out before making a final determination for 2022.”

Companies are also grappling with all kinds of issues surrounding the COVID-19 pandemic like whether to require employees to be vaccinated or to wear masks and to establish other safety protocols like hand sanitizing stations and plexiglass partitions in cubicle settings.

“We don’t mandate that employees have to be vaccinated, it’s a personal choice,” said Laura Woolford, Chief People Officer at AlertMedia.

The Austin-based startup provides emergency communication software, used by over 2,500 enterprise companies in 130 countries to keep employees safe from threats. So worker safety is its number priority, Woolford said.

AlertMedia allows its employees to work remotely. It does require vaccinations for employees who want to come into the office, Woolford said.

“We’ve seen the benefits of people having that flexibility and being remote,” she said. “We’re really enjoying this hybrid model.”

AlertMedia has more than 250 employees today and has doubled in size over the last year. Many of those new employees have been hired and brought on board to the company virtually through Zoom and Slack and other online platforms, Woolford said. She joined the company recently and didn’t meet anyone in person until she moved from Phoenix to Austin, she said.

As the pandemic has continued, AlertMedia has discussed which roles could be permanently remote, Woolford said.

“We recognize some people are better at home,” she said.

The biggest determinate of success for a remote workforce is trusting employees, Woolford said.

“We found people were working even harder from home,” she said. “You find more of that than people slacking off.”

In fact, AlertMedia encourages employees to take time off and recharge, Woolford said.

Some startups like ICON and Eterneva have manufacturing operations that require employees to be on site.

ICON, which builds houses using giant 3-D printers, doesn’t mandate vaccines for its workers at its manufacturing plant in South Austin, but the company does require them to wear masks, said Jason Ballard, its CEO and Co-Founder.

“We’re watching the delta variant very closely,” he said.

Ballard caught a mild case of COVID-19 earlier, but he has recovered without any lingering effects. A few ICON employees have also contracted COVID-19 outside the workplace, he said. But the plant, which makes the 3-D printers, has contained each case and the virus did not spread, he said.

Eterneva, which grows diamonds from cremated ashes, operates a manufacturing facility in Austin. Its manufacturing employees needed to be in the office, but the company allowed its operations team to work remotely, said Adelle Archer, CEO and co-founder.

Eterneva, which has 27 employees, is expanding and Archer hired three of the company’s executives over Zoom interviews. The first week of August, Eterneva held a company retreat and many employees met each other for the first time in real life, she said.

“We likely will go to a hybrid model after the pandemic,” Archer said. “Our employees got a lot of benefit from the flexibility.”

109 Austin Companies Make Inc. 5000 2021 List of Fastest-Growing Private Companies

In Austin, 109 companies made the Inc. 5000 2021 list of the fastest-growing private companies in the country.

Overall, the Austin companies on the list had a 183 percent median growth rate, $3.9 billion in total revenue, and added 8,312 jobs. The list includes 12 newly founded companies and 62 repeat honorees.

Empowering a Billion Women topped the list of Austin companies and ranked 28th overall. It also made the top ten list of fastest-growing female-run companies with Ingrid Vanderveldt as the founder and CEO.

Empowering a Billion Women, founded in 2013, pivoted last year to launch a healthcare business to supply personal protective equipment and other healthcare supplies to medical professionals and hospitals through an international distribution network. As a result, the company grew more than 10,676 percent over three years.

OJO Labs, founded in 2015, claimed the second spot of fastest-growing Austin-based companies. It ranked 49th overall and reported a 6,767 percent growth rate over the past three years.

OJO Labs is a fast-growing real estate startup that uses artificial intelligence to help people buy homes.

Literati, another female-founded startup, founded in 2017 by Jessica Ewing, claimed the 77th spot on the list with a 4,898 percent three-year growth rate. Literati runs a curated subscription book business for adults and children.

Sipsby ranked 79th on the Inc 5000 list and claimed the fourth spot for Austin-based companies. It is another startup, founded in 2016, run by a woman, Staci Brinkman. The company runs a subscription-based tea company with a 4,754 percent three-year growth rate.

AdOutreach ranked 87th overall and fifth in Austin with a 4,515 percent three-year growth rate. The advertising and marketing company, founded in 2016, helps businesses run YouTube ads to drive business and sales.

Others in the top 10 list of the Austin-based fastest-growing companies included Sedera, a healthcare startup, that grew 1,241 percent in three years ranking 389 on the Inc. 5000 and sixth on the Austin list. Lab Alley, ranked 396th, grew 1,216 percent, a business products and services company, ranked seventh in Austin followed by Restore Hyper Wellness + Cryotherapy, 426, a healthcare company with a 1,137 percent growth rate. Wursta, an IT management company, claimed the 440 spot with a 1,115 percent growth rate, ranked ninth in Austin. Pushnami, a software company, ranked 554 and claimed the 10th spot of Austin-based companies with an 869 percent growth rate.

Austin-based LawnStarter Acquires Lawn Love

As the grass grows, so does the lawn care industry.

And this week, two lawn care startups combined to create an even bigger company to tackle the problem of keeping lawns tidy.

Austin-based LawnStarter acquired San Diego-based Lawn Love. The financial terms of the cash and stock deal weren’t disclosed.

“The combination of LawnStarter and Lawn Love will further propel growth of the on-demand economy for lawn care and other outdoor services,” LawnStarter co-founder and CEO Steve Corcoran said in a news release. “Joining forces enables LawnStarter and Lawn Love to be even more disruptive together as we continue to revolutionize the outdoor services industry.”

LawnStarter graduated from the Techstars Austin accelerator in 2014. Founded in 2013, LawnStarter has received over $27 million in funding. Investors include Lerer Hippeau, Edison Partners, Bull Creek Capital, Gary Vaynerchuk, Cotter Cunningham, Rony Kahan, and Varsha Rao.

Lawn Love, founded in 2014, graduated from the Y-Combinator Accelerator, has raised$6.7 million in funding. Investors include Bullpen Capital, Y Combinator, Alexis Ohanian, Joe Montana and Barbara Corcoran.

“This deal effectively teleports both Lawn Love and LawnStarter years into the future,” Lawn Love founder and CEO Jeremy Yamaguchi said in a statement. “It’s a dramatic acceleration toward our goal of empowering small business owners by providing the technology and tools to help them grow their businesses, compete with the big guys, and ultimately thrive.”

LawnStarter and Lawn Love will operate as separate brands, led by Corcoran as CEO. LawnStarter’s headquarters will stay in Austin. Yamaguchi is remaining with the combined company. LawnStarter has 329 employees and Lawn Love has 73 employees.

“All full-time Lawn Love employees are staying on board,” Ryan Farley, Co-Founder of LawnStarter wrote in an email response to questions.  “As for future hires, we’re rapidly scaling our product and engineering teams.  We have a leadership hire or two we’ll be announcing later this month.

The combined LawnStarter and Lawn Love company is in the top 120 metropolitan areas in the country, which covers roughly 67 percent of single-family homes in the U.S., Farley said. The company provides a marketplace where consumers can sign up for lawn service and a vetted list of lawn care companies provide the service. The company makes money by taking a percentage of each transaction.

“We’ll definitely keep adding more markets as we get organic demand in those markets,” Farley said. “No plans for international expansion yet.”

The overall lawn care market in the U.S. is valued at $99 billion with roughly $44 billion of that being residential. LawnStarter has a handful of property managers who manage several homes, but 99 percent of its revenue comes from owners and renters, Farley said.

“And that’s our plan,” Farley said. “We want to be a household name that provides value to the end consumer.”

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