Flippa Raises $11 Million to Match Sellers with Buyers of Online Businesses and Digital Assets

The Internet has enabled all kinds of new businesses from blogs to shops to apps to flourish. Many of those businesses pull in revenue from consumers, advertisers, affiliates, and more. To help match business sellers with buyers, Flippa created an online marketplace for businesses and digital assets. And on Monday, the company announced it has […]

Sante Ventures Raises $260 Million for its Fourth Fund

Sante Ventures, an early-stage healthcare, and life sciences investment firm, announced it has raised $260 million for its Fund IV. The Austin-based investment firm plans to invest the funds in building a portfolio of 15-25 investments across biotech, health tech, and medtech businesses that demonstrate the genuine potential to deliver better health outcomes at lower costs.  […]

Self Financial Raises $50 Million in Funding

Self Financial announced it has raised $50 million in additional funding. The Austin-based fintech company has raised $127 million to date, including $40 million in funding last December. The Series E round of funding was led by Altos Ventures with participation from Meritech Capital and Conductive Ventures. The company plans to use the funds to […]

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 […]