Texas-Squared Startup Newsletter #318 | by Marc Nathan | Oct, 2021 | Medium - Venture Views

Texas Startup News, Opinion & Events in the Lone StartUP State
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- Austin Inno’s Brent Wistrom

“The Fund’s new Texas branch was born out of a meeting in 2015 during the SXSW Pitch competition when Andy Ambrose’s startup Liveoak Technologies caught Fielding’s attention. She encouraged Liveoak to join Techstars, stayed in touch and now, years later, reached out to Ambrose about launching a microfund for Texas startups based on years of successful investing.

“It really is about the same premise of Techstars, which is that a community of founders creates all sorts of positive things that are beyond what you’re doing yourself,” Ambrose said. “There’s just tons of relationships and introductions that can be made.”

The Fund, which will invest in Texas-based startups, is a pre-seed fund that is looking for gritty founders. It will write checks of $50,000 to $100,000, which it plans to deploy mostly over the next 18 to 24 months. While The Fund isn’t limiting the types of startups it will back, Ambrose said it will focus first on driven founders. But he noted the fund’s managers have a lot of interest in SaaS, CPG, future of work and aging and health technologies.” — Austin Inno’s Brent Wistrom

- Austin Business Journal’s Mike Cronin

“Hurt, a six-time company founder, applauded the competition and collaboration among the VC firms active in the Austin market today, among them ATX Venture Partners, Brand Foundry Ventures, CAVU Venture Partners, LiveOak Venture Partners, Sapphire Ventures, Silverton Partners, Springdale Ventures and others.

“Oh my gosh, it’s an amazing setup for entrepreneurs and angel investing,” Hurt said. “The greater diversity in VC capital stokes more investing. It stokes more angel investing. It’s incredible for everybody.” — Austin Business Journal’s Mike Cronin

StartupCPG is hosting a blowout Consumer Packaged Goods Happy Hour on Thursday and I’m proud to join them as a co-host. We’re inviting CPG brands, investors, and a lot of Austin friends to join us outdoors above Fareground on Congress on Thursday evening for what will prove to be a blowout event. My friends and readers of the Texas-Squared Startup Newsletter should register for a completely complimentary ticket using the promo code: marcvip

You don’t have to be directly involved with the CPG community to enjoy this professional networking event, so feel free to bring a fun friend or two.

Startup CPG Austin Happy Hour
Co-hosted by Marc Nathan
Thursday, October 14, 2021, 6:30 PM CDT
Ellis Bar
111 Congress Avenue Bldg 2 Austin, TX 78704
100% Off Promo Code: marcvip

  • DivInc’s Preston James on diversity and inclusion in the tech industry — Link
  • Apply to FoundersBoost 2021 Fall Austin — F6S — Link
  • ObiiGO Auto Repair App Is Coming To Austin! — Link
  • Assembly Raises $1.75M in Seed Round to Redefine the Way Corporate Teams Connect Virtually — Link
  • Flosports Bolsters Its Hockey Offering With Acquisition Of Hockeytech, A Leading Live And On-Demand Streaming Platform And Sports Data Provider — Link
  • Silverton Partners Named in Inc.’s 2021 List of Founder-Friendly Investors — Link
  • San Antonio-based Pathwire Bought for $1.9 Billion by Sinch — Link
  • Tesla is Moving its Headquarters to Austin, but it’s Also Generating Energy in Texas and Launching Vehicle Insurance — Link
  • Austin’s Banyan Water Sees Water Conservation as the Most Critical Resource Issue Facing the U.S. — Link
  • Austin Startup Week Panel Discusses the Growing FemTech Industry and the Impact of Texas’ Restrictive Abortion Law — Link
  • Texas and Austin See Record Levels of VC Funding in 2021 and it’s not Slowing Down — Link
  • The 11th Annual Austin Startup Week Kicks Off — Link
  • Austin Engineers Create MoToGo as a Solution to Last-Mile Delivery Problems — Link
  • LOOP Lands $21 Million in Funding to Expand AI-Driven Auto Insurance — Link
    - Silicon Hills News’ Laura Lorek
  • Using Influencer Marketing — Podcast
    - Beta Business Podcast with Grant Gurtin and Nick Spiller
  • With a Group and Need a Ride? Fetii, a New Austin-Based Rideshare Service Has You Covered — Link
    - Austin Startups
  • The average monthly rent in Austin is now $1,500. Prices are rising at the fastest pace ever. — Link
  • In the wake of Uri, solar battery sales soar — Link
  • How much would more remote participation cost the city? — Link
    - Austin Monitor
  • How to safeguard your small company’s data without distrusting staff — Link
  • This startup wants to keep your dog alive longer based on genetic info — Link
    - The American Genius
  • Austinite Brené Brown lands limited series deal with HBO Max on new book — Link
  • Tesla follows Musk to “Silicon Hills,” announces Austin as new HQ — Link
  • Census takeaways: ‘Boomtown’ Austin exploded into the fastest-growing large metro in 2020 — Link
  • Silicon Valley to Silicon Hills? Tesla HQ looking more likely to follow Elon Musk to Austin — Link
  • Nicole Kidman, Elizabeth Olsen series filming in Austin area — Link
  • Austin has the highest marriage rate out of the 20 biggest cities — Link
  • Forbes 400 names seven Austin billionaires while two bite the dust — Link
  • First annual Texas Hemp Harvest festival coming to Austin this month — Link
  • Austin vs. Houston: what Texas city is best to live in? — Link
  • Experience is the name of the game in Austin’s intensifying tech scene — Link
  • Austin ranks among top foodie cities in US — Link
  • Austin among places facing major mail delivery slowdown, affecting residents paying bills by mail — Link
    - Austonia
  • UT Austin and MD Anderson Form Partnership to End Cancer — Link
  • Black School Leaders Need Support as Rising Tensions Threaten Recruitment — Link
  • This Hydrogel Tablet Can Purify a Liter of River Water in an Hour — Link
  • Technique Predicts Tumor Response to Cancer Therapy — Link
  • Stop Shaming Corporations with Meaninglessly Low Effective Tax Rates — Link
    - University of Texas
  • Tesla Will Move Its Headquarters to Austin — Link
  • Airtable Opens New Office in Downtown Austin — Link
  • The Advice These Engineering Leaders Wish They’d Heard When They First Became Managers — Link
  • Olea Edge Analytics Raises $35M to Optimize Municipal Water Systems — Link
  • Austin Tech Leaders Speak Up Against Texas Abortion Law — Link
  • What Does Innovation Look Like? 2 Austin Companies That Are Setting the Bar. — Link
  • AlertMedia’s New Office, Membersy Got $66M, and More Austin Tech News — Link
    - Built in Austin
  • Elon Musk: Tesla HQ will relocate to Austin from California — Link
  • A Tesla timeline: Chart the company’s path from 2003 upstart to 2021 titan — Link
  • Tesla HQ move sparks reflection in California: ‘We have to get our house in order’ — Link
  • This week’s tech personnel moves: 2 new CEOs to know — Link
  • M&A wrap: 3 Austin tech companies strike deals, including Asure dropping nearly $39M — Link
  • Merger to give Bay Area-based Armanino lots more workers, real estate in Austin — Link
  • Business bankruptcies down 52% in Austin — Link
  • First look: New 405 Colorado high-rise has unique design, amenities — Link
  • JPMorgan Chase confirms move into new tower, explains growth plans — Link
  • Electric dirt bike maker Volcon goes public, raises $17M — Link
  • Meet the new class of Austin’s Best CEOs — Link
  • After transforming Silicon Labs, Tyson Tuttle prepares for his next act — Link
  • Olea Edge to double staff with $35M funding — Link
  • Austin’s Best CEOs: Brett Bellm of BigCommerce — Link
  • Austin’s Best CEOs: Andy Davis of Ascension Texas — Link
  • Austin’s Best CEOs: Janice Omadeke of The Mentor Method — Link
  • Austin’s Best CEOs: Kiwi Camara of Disco — Link
  • Austin’s Best CEOs: Reenie Collins of HAAM — Link
  • Austin’s Best CEOs: JeVon McCormick of Scribe Media — Link
  • Yeti sues Igloo over drinkware, alleging patent infringement — Link
  • Ben Ponder bought factory out of bankruptcy to challenge giant food multinationals — Link
  • Austin’s Capital Factory expanding to Port San Antonio — Link
  • Shār shows sustainability, conscientiousness aren’t barriers to rapid growth — Link
  • M&A wrap: Eagle Eye expands; Peak Rock picks up SAM — Link
  • Former Bumble COO joins telehealth startup Found, which has raised $32M to tackle obesity — Link
  • How boot-making startup Tecovas has grown from single store to 17 in a couple years — Link
    - Austin Business Journal & Austin Inno’s Brent Wistrom
  • Drone video shows difference in 15 months for Tesla’s Gigafactory — Link
  • Tesla moving HQ from California to Austin — Link
  • Elon Musk is now the richest Texan; is he also the richest Austin resident? — Link
  • What we do — and don’t — know about Tesla’s move to Austin — Link
    Texas gender wage gap shrinks — but it’s likely a pandemic anomaly — Link
    Austin’s SigmaSense lands millions to accelerate its growth — Link
  • Ballot language raises eyebrows as land swap between Austin, Oracle goes before voters — Link
    - Austin American-Statesman

source: https://marc1919.medium.com/texas-squared-startup-newsletter-318-1007aa84dc41

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