Startups

Think jeans shopping is the worst? An Austin woman can help – with AI

It began a few years ago in a fitting room. “I had a really hard time in a boutique once trying to find jean that fit and i remember thinking to myself there has to be a technology solution for this,” said Kelly Ernst. “I tend to tie a lot of my self...

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Welcome to the startup farm: Why three startups are sharing one Austin house

When Sam Lillie found out that his Washington-based startup Vinder was accepted into a new Austin accelerator program, his plan was to live in his van during the four-month program. He and co-founder Mark DeJarnatt spent three days driving from Port...

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Open Source

German lighting manufacturer to purchase Austin’s Fluence Bioengineering 

Austin-based smart farming company Fluence Bioengineering is being acquired by German lighting manufacturer OSRAM, the two companies announced this week. The purchase price was not disclosed, and it is not clear when the sale will close. With the...

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Austin startup backed by Mark Cuban is bought by Illinois software maker

Austin startup Meta SaaS, which was backed by billionaire Dallas businessman Mark Cuban, has been acquired by an Illinois software maker. Financial terms of the purchase by software and security manager Flexera, based in Itasca, Ill., were not disclosed...

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Cashback app Dosh lands in $44 million from investors including PayPal

Austin startup Dosh has raised an additional $44 million to expand its app for finding cash and deals. Founded in 2016, the company offers a free app that gives consumers cash back on debit and credit card purchases when they shop, eat and travel...

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This Austin startup used its own virtual reality technology to pitch VCs -- and raised millions

When it came time for TheWaveVR to raise a new round of venture capital, the Austin-based startup used its own virtual reality technology to make the pitch. The company, which has created a social platform for VR music and visual experiences, used...

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Indiana-based mobile fundraiser OneCause acquires Austin’s Great Feats

Indiana-based mobile fundraising company OneCause has acquired Austin-based Great Feats, which provides a social engagement and fundraising platform. Financial terms were not disclosed. OneCause, based in Indianapolis, said Great Feats will allow...

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Thanks to $250 million mega-deal, venture capital activity in Austin soared in 1st quarter

Thanks to a $250 million mega-investment in Austin-based WP Engine, venture capital activity in Austin soared in the first quarter. A total of $510 million was raised by 27 companies during the quarter, according to a survey by PricewaterhouseCoopers...

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Redlight Greenlight wants you to go ahead, use your phone while driving, it’s cool

We reported here earlier about a Kickstarter for a movie theater that is essentially a bag that you put over your head.   Now, we’ve found an even crazier fundraising project. An IndieGoGo page for a product called Redlight Greenlight has a little...

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Austin-based Mythic lands $40 million to launch its artificial intelligence platform

Austin-based Mythic has landed $40 million in funding to launch its artificial intelligence platform aimed at devices ranging from smart watches to robots to drones. SoftBank Ventures, a subsidiary of Japanese conglomerate SoftBank Group Corp., was...

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