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Two Six Technologies Opens New Office at Port San Antonio
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Two Six Technologies Opens New Office at Port San Antonio

Two Six Technologies, a fast-growing technology company specializing in products and expertise for the U.S. national security sector, is opening a new office at Port San Antonio. The Arlington, VA-based company will join other locally-launched and enterprise-level businesses based at the Port working in aerospace, cybersecurity, robotics, defense, and space exploration.Over 5,000 new jobs have been created at the Port in the past four years. The innovation-focused campus is now home to more than 80 employers and nearly 16,000 workers. San Antonio is home to one of the world’s largest and fastest-growing concentrations of cybersecurity experts, making it the nation’s second-largest cybersecurity cluster. Port San Antonio has about 2,000 cybersecurity professionals working on its campus....
Geekdom Incubator Program Helps Founders Launch Startups
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Geekdom Incubator Program Helps Founders Launch Startups

When you look closely at a city’s startup ecosystem, you’ll find companies at different developmental stages. However, to have the good news of a startup’s acquisition success like Promoter.io, Intrinsic Imaging,  or Parlevel, an ecosystem needs resources to support first-time entrepreneurs incubating an idea into a successful business.That’s where Geekdom comes in. The downtown-based startup community offers programming to support aspiring entrepreneurs. Its incubator program teaches first-time founders how to fine-tune startup ideas, create a working business model, and work toward gaining traction with customers.Geekdom offers multiple programs, including its incubator and a pre-accelerator for startups. Since June 4, the 10 startups have met every Saturday for mentoring, worksh...
Allosense joins National Security Innovation Network Propel Program
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Allosense joins National Security Innovation Network Propel Program

Allosense, a technology startup specializing in advanced sensors and measurement solutions, is one of 16 startups chosen for the highly selective National Security Innovation Network (NSIN) Propel Program. The accelerator program supports startups developing emerging technologies the U.S. federal government urgently needs for national defense and space exploration.NSIN Propel is run in partnership with the National Security Innovation Network, Decisive Point, an investment and advisory firm investing in emerging technologies for security, health, energy, and critical infrastructure, and Newlab, a technology accelerator for defense-focused startups located in New York City’s Brooklyn Navy yard.The four-month accelerator program will provide Allosense product development resources, ...
Austin-based Capital Factory connects San Antonio startups to U.S. military
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Austin-based Capital Factory connects San Antonio startups to U.S. military

Texas has become a destination for many entrepreneurs and companies interested in bringing new capabilities and technologies to a market with an economy ranking tenth globally. Founder and CEO Joshua Baer and his team at Capital Factory, an Austin-based accelerator and venture capital firm focused on entrepreneurs based in Texas, are bullish on the state's potential. Baer eagerly tells people how Texas is the most promising technology market in the United States. Capital Factory's strategy to expand its presence across Texas is detailed in its Texas Startup Manifesto. "By connecting Austin, Dallas, Houston, San Antonio, and the rest of the state into a Texas Startup Megatropolis, we can unlock billions of dollars in capital and unleash thousands of diverse entrepreneurs," Baer writes. ...
gener8tor launches new security tech accelerator for cybersecurity startups
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gener8tor launches new security tech accelerator for cybersecurity startups

Gener8tor, a decade-old startup accelerator focused on underserved founders across the U.S., is setting its sights on recruiting security tech-focused startups for its newest cybersecurity accelerator program.Geekdom, a downtown San Antonio coworking community, has partnered with gener8tor to oversee the new startup program. After meeting with over 30 local stakeholders about San Antonio's needs for a new accelerator, Geekdom CEO Charles Woodin said consensus pointed to launching a new program that would be "vertical-specific." The gener8tor program will use spaces on the eighth floor of the Rand Building where Geekdom is located.Read: Geekdom Will Launch New Cybersecurity Accelerator In 2022A member of the Global Accelerator Network, the Madison, Wisconsin-based nationally-ran...
EnergyFunders offers direct investing in oil wells, Bitcoin mines
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EnergyFunders offers direct investing in oil wells, Bitcoin mines

A new feature is popping up at U.S. oil patches in the Rockies and Great Plains — trailers filled with computers and generators set up to mine Bitcoin at oil well sites. Bitcoin mining rigs take advantage of natural gas found in formations while drilling for oil. Oil can be trucked out from remote destinations, but getting gas to market requires a pipeline. "Stranded" natural gas that cannot be moved to market gets flared or burned off, creating carbon dioxide emissions, or gets vented as methane into the atmosphere. With less than 10 large-scale North American Bitcoin mining companies powered by stranded natural gas in 2022, the trend is still in its early stages. Enter EnergyFunders, the first-ever online investment marketplace to offer direct access to oil and gas well sites and off-...
Trinity University names finalists in Spring 2022 Stumberg Venture Competition
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Trinity University names finalists in Spring 2022 Stumberg Venture Competition

Ten Trinity University student entrepreneur teams pitched business ideas to judges Thursday for a chance to win mentorship and funding for their startup at Trinity’s Louis H. Stumberg New Venture Competition. Judges chose seven finalists working on concepts as varied as a medical device for shoulder rehabilitation, a convertible backpack stroller, a wearable safety device for young children, a metronome wristband, a fintech app, an educational program, and a debate team resource platform.Since its launch in 2016, this two-part university-wide competition has encouraged Trinity student entrepreneur teams to compete for equity-free funding for their startups. A panel of judges typically chooses five teams to move onto the second and final round each fall. Each team receives $5,000 in see...
Here’s who’s pitching March 30 at the BioMedSA BioFest
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Here’s who’s pitching March 30 at the BioMedSA BioFest

If you ask Heather Hanson about innovation in the life science and biotechnology spaces in Texas, she would tell you activity has been apace over the past couple of years despite the pandemic. Hanson is CEO of BioMedSA, a member-driven organziation that promotes healthcare and biomedical industries in San Antonio. Its mission is to accelerate the growth of the healthcare and bioscience sector, create regional economic benefit, and contribute to the health of San Antonio and beyond."Collaboration is embedded in the life science industry, as companies routinely connect with other organizations in San Antonio," Hanson said.  "BioMedSA serves to facilitate those collaborations as a hub for the life science industry in San Antonio."The nonprofit is holding its annual BioFest on March 30...
Austin’s S3 Ventures closes $250M fund to invest in Texas startups
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Austin’s S3 Ventures closes $250M fund to invest in Texas startups

Austin-based S3 Ventures, the largest venture capital (VC) firm focused on Texas-based technology companies, closed its seventh fund Wednesday of $250 million. The venture firm invests in early-stage innovative tech startups across Texas. Managing director Brian Smith founded S3 Ventures in 2005 with a $20 million fund. At 29, Smith founded and served as chairman and CEO of Crossroads Systems, a holding company focused on investing in businesses that promote economic vitality and community development. He led Crossroads through five financing rounds to a successful initial public offering or IPO in 1999. The venture firm has previously raised $435M across six funds and has assets under management surpassing $900 million. They have invested in over 50 businesses, including more than...
Bluegrass Vascular Closes $5M in Convertible Debt Financing
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Bluegrass Vascular Closes $5M in Convertible Debt Financing

Bluegrass Vascular Technologies has closed $5 million in convertible debt financing for its innovation, the Surfacer Inside-Out Access Catheter System. Convertible debt notes enable a startup without a valuation to raise capital quickly and less expensively than equity as an alternative to a conventional bank loan.Funding will go toward the commercial expansion of Bluegrass Vascular’s Surfacer System, the first FDA-cleared medical device that facilitates access to obstructed central veins in a patient's upper body.The Surfacer System helps facilitate catheter insertion into the central venous system for patients with upper body venous obstructions or other conditions that prevent central venous access using conventional methods. Bluegrass' innovation meets an unmet cl...