The Texas and Panama story continues to evolve, said Juan B. Sosa, U.S. president of the Panama Council. “It’s a new era of trade, investment, and cooperation,” Sosa said during the Panama-Texas Business Summit on Monday at the Hotel Marriott Downtown. It’s one of the first in-person international summits to be held since the COVID-19 […]
Sputnik ATX Selects Four Startups For its Winter 2020 Accelerator Program
February 5, 2020 by
Sputnik ATX has announced the latest group of four startup companies accepted into its Winter 2020 Cohort. The startups include Austin-based Mod Tech Labs, which is a spinoff of Underminer Studios. The startup works with production studios to create 3D images and videos. Austin-based Trashbots is also in the cohort. It makes programmable robotics kits […]
Michael and Susan Dell Pledge $36 Million to Help Rebuild Texas Following Hurricane Harvey
September 2, 2017 by Leave a Comment
Michael Dell, chairman, and CEO of Dell Technologies announced in a post on Facebook Friday plans to donate $36 million to a fund to Rebuild Texas. “We must rebuild the Texas communities devastated by Hurricane Harvey together,” Dell wrote. On Friday, Michael and Susan Dell launched the Rebuild Texas Fund with Gov. Greg Abbott and […]
Aceable Expands its Mobile Drivers Ed App into California
October 29, 2015 by 7 Comments
Aceable launched its mobile app to teach teens to drive in California this week. The Austin-based startup reported as of Tuesday teens between the ages of 15 and 17 and a half years old can now fulfill their 25 hour classroom requirement on Aceable’s mobile app. The Aceable app is available for iOS and Android […]
Austin-based Favor Lands $2 Million in Seed Stage Funding
September 4, 2014 by 1 Comment
The Wall Street Journal is reporting that Favor, a food delivery service for central Austin, has received $2 million in seed funding. Favor launched in Austin in June of 2013. It’s also available in Boston and San Luis Obispo. Zac Maurais and Ben Doherty, graduates from California Polytechnic State University or Cal Poly, founded the […]
SpaceX to Build a $85 Million Rocket Launch Pad in Brownsville
August 6, 2014 by 12 Comments
Texas is set to play a major role in the new space race. This week, Gov. Rick Perry announced Texas would offer $15.3 million in incentives to bring SpaceX’s commercial rocket launch facility to Brownsville, on the southern tip of Texas. The facility will launch commercial satellites. SpaceX, led by Elon Musk, plans to create […]
Facebook Reaches Out to Small Businesses in Austin
July 24, 2014 by Leave a Comment
By LAURA LOREK Founder of Silicon Hills News Facebook, with more than 1 billion active users, has become the digital main street for small business owners from plumbers to jewelry stores. They can hang their shingle, a Facebook business page, and reach their small town customers or a global audience. And just a fraction of […]
Texas Had 150 VC backed Deals Worth $1.3 Billion in 2013
January 18, 2014 by 1 Comment
Texas reported 150 venture capital backed deals worth $1.3 billion in 2013, according to a report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. The number of deals in Texas fell nearly 9 percent from 163 but increased 37 percent in the dollars invested from $948.8 million in 2013. […]
Are You the Kind of Business the Texas Emerging Tech Fund is Looking For?
January 9, 2014 by Leave a Comment
By SUSAN LAHEY Reporter with Silicon Hills News If your company meets the criteria for the Texas Emerging Technology Fund, you may have a good shot at a $2 million investment. But don’t rush to fill out the application, says Larry Peterson, executive director for Texas Foundations for Innovative Communities. Instead, go directly to a […]
Burpy Expands to San Antonio and Houston
December 7, 2013 by 5 Comments
By LAURA LOREK Founder of Silicon Hills News Last Longhorn Startup class, Aseem Ali and a team of undergraduate students pitched Burpy, a grocery delivery service. Now he’s running a quickly growing startup and finishing up his degree as a senior studying mechanical engineering at the University of Texas. Burpy, which expanded into the San […]
