Startups

Austin startup’s founder gets a surprise chance to pitch Reddit CEO Steve Huffman at SXSW

Timing can be everything at South by Southwest. On Monday, Daniel Senyard was working at his desk at Capital Factory, where his Austin-based tech travel startup Shep is based.  At the same time on another Capital Factory floor, Capital Factory executive...

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Two Austin startups win big at SXSW Accelerator Pitch Event

For startups, South by Southwest  is both an opportunity to break out, and a challenge to get above the noise. Two Austin startups -- GrubTubs and ICON 3D -- did that over the weekend by winning their categories in the 10th annual SXSW Accelerator...

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Smarter Sorting, which turns consumer chemical waste into products, lands $5 million in seed funding

An Austin startup that turns consumer chemical waste into products has raised $5 million for expansion. Smarter Sorting said it will use the seed funding to invest in machine learning technology that has allowed it to create a smart chemical database...

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Open Source

MassChallenge Texas unveils inaugural class of 84 startups

More than 500 startups from around the world applied to be part of MassChallenge Texas’ inaugural Austin class.  Of those, 280 were invited to pitch their ideas before a panel of experts. Today, the Boston-based accelerator is unveiling the 84 companies...

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Open Source

Austin AI company SparkCognition closes on a $56.5M round of funding

Austin-based artificial intelligence company SparkCognition has raised an additional $24 million, bringing its Series B round to $56.5 million, company executives said Tuesday. The Austin-based company previously raised $32.5 million in June from...

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Open Source

Cedar Park lures transportation tech startup Hyliion from Pittsburgh

A Pennsylvania-based startup that develops electric hybrid technology for the trucking industry is moving its headquarters to Cedar Park with plans to create more than 200 new jobs. Hyliion is relocating following an economic incentives package of...

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Open Source

Oracle picks Austin as home for its first U.S. startup accelerator

Software giant Oracle has chosen Austin for its first U.S. startup accelerator program. The Startup Cloud Accelerator announced today follows the recent completion of Oracle’s 560,000-square-foot campus southeast of downtown Austin.  Oracle, the...

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With $20 million raised, makers of ‘Crowfall’ want to give demanding gamers what they’ve been missing

About five years ago, two guys who had worked in the Austin video games industry for a very long time and who were at separate companies decided to leave their jobs at roughly the same time. J. Todd Coleman was creative director at KingsIsle Entertainment...

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Open Source

Austin oil & gas tech startup RigUp lands $15.8 million to fuel growth

Austin oil and gas technology startup RigUp has landed $15.8 million to fuel its growth. Founded in 2014, RigUp has built an online platform that connects oil and gas companies and service companies.  Oilfield operators can use the RigUp platform...

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