MassChallenge Austin Announces 12 Finalists for 2020

MassChallenge’s Austin accelerator has announced its top 12 startup finalists for 2020. The startups will compete for $500,000 in cash prizes with winners announced on Thursday, Oct. 22 during a virtual awards ceremony. “While the world continues to settle into the digital environment, business owners, executives, and governments are seeking innovative ways to operate fully, […]

SXSW to Launch an Online Event for 2021

For 2021, South by Southwest is launching SXSW Online. “The challenge of building a new future is one that we’re excited to tackle,” Roland Swenson, CEO, and Co-Founder of SXSW said in a statement. “This has been such a year of change and we, like the entire world, are reshaping our perspective on how we […]

Babson Diagnostics Closes on $13.7 Million in Funding

Babson Diagnostics has closed on $13.7 million in funding. Siemens Healthineers, Prism Ventures, Genesis Merchant Capital, and Lago Consulting Group led the Series A funding. In addition to the funding news, Babson has also appointed David Stein, Ph.D., former head of global strategy and innovation at Siemens Healthineers to CEO. Eric Olson, Babson’s founder, and […]

Austin’s SigmaSense Gets $22 Million in Funding

Austin Startup, SigmaSense just closed on $22 million in funding to make touch screen devices perform better. The company, founded in 2015, received the Series A funding led by Foxconn Technology Group, which is the world’s largest contract manufacturer of electronics with customers like Apple, Dell, and Sony. Other investors participating included Corning, E Ink, […]

Shell Launches Innovation Studio in Austin

To spur innovations in geographic exploration for oil, Shell has launched a new innovation studio in Austin. It’s called Studio X and it launched this month with three initial products focused on the future of exploration and discovery. This is Shell’s first innovation studio in the United States. The company, founded in 1907 as Royal […]

Hypergiant Industries Hires Mohammed Farooq as its new CTO and GM Products

Austin-based Hypergiant Industries, which is focused on creating new products using artificial intelligence for businesses, has hired a heavy-hitter in the software industry, Mohammed Farooq, as its new Chief Technology Officer and GM Products. Farooq also joining Hypergiant Industries’ board of directors. He previously worked as general manager with IBM Global Technology Services where he […]

Jewelry Mogul Kendra Scott Joins Shark Tank as a Guest Shark

Austin Jewelry Mogul Kendra Scott has joined the cast of Shark Tank as a guest shark. The 12th season of the Emmy-award winning entrepreneurial pitch show kicks off Friday, Oct. 16th at 7 p.m. central time on ABC News. The show features scrappy entrepreneurs looking for funding for their bright ideas. Scott is an accomplished […]

UT Austin Uses Hologram Technology in the Classroom Thanks to an Austin Startup

The old saying is out of hardship and adversity comes innovation. Just take a look at the University of Texas’ McCombs School of Business and its use of a hologram application called Recourse to beam a professor into the classroom during the Coronavirus pandemic. The application is the brainchild of Contextual Content Group, a new […]

Austin-based Decent Raises $10 Million to Bring Affordable Health Insurance to Small Businesses and Individuals Statewide

While working on a startup in the San Francisco Bay area, Nick Soman realized he was paying more for health insurance every month than rent. And in the Bay area rents are sky-high. “I remember thinking that was brutal,” Soman said. That experience eventually led him to found Decent, which offers affordable health insurance options […]

Austin’s closes on $26 Million in funding as demand for its data platform soars

During the COVID-19 pandemic, a lot of companies are taking stock of the data they have on hand and sorting it out to their economic advantage. It’s kind of like how homeowners are doing renovation projects and people are cleaning out closets and organizing their stuff. So too are companies. And that, in part, has […]