Rocket Dollar Gets $8 Million in Funding for its Retirement Investment Platform

Rocket Dollar, a self-directed retirement platform, recently closed on $8 million in funding. The Austin-based fintech company, founded in 2017, allows people to use self-directed retirement accounts to make a wide variety of investments in alternative assets like real estate, startups, private equity, cryptocurrency, and more. Park West Asset Management led the Series A financing […]

Loop Launches in Texas to Bring Fairer Insurance Rates to Drivers

Car insurance that relies on credit scores, homeownership, and demographic data has a lot of structural bias baked into it, said John Henry, co-founder, and co-CEO of Loop. “A lot of the pricing is based on demographic factors,” Henry said. “If you look at the rate filings of the top ten carriers, a credit score […]

Walmart teams up with Ford and Argo AI to Deliver Groceries via Autonomous Vehicles in Austin

Walmart may soon be delivering groceries in Austin via a driverless car. The grocery store giant announced Wednesday that it is teaming up with Ford Motor Co. and Argo AI to launch an autonomous vehicle delivery service in Austin, Miami and Washington, D.C. Walmart will use Ford self-driving test vehicles equipped with Argo AI self-driving […]

How Technology Plays an Increasing Critical Role in the Future of Philanthropy

By SIMON RYCRAFT, author of Negotiation Hacks and Founder at Hacks Capital, special contribution to Silicon Hills News Philanthropy has received increased press and interest in the last few months, be it the news that MacKenzie Scott has donated over $6.9 billion of her personal fortune to charity since the beginning of 2020 or the […]

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

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 […]

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 […]

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 […]

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, […]

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 […]

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

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 […]