By Danielle Abril
The startup community continues to develop across Dallas-Fort Worth, with additional accelerators, funds and companies calling the region home. It also touted several successful exits and initiatives that bring together corporations, cities and startups.
Accelerators including Motive, focused on real estate technology, and Emerge powered by Tech Wildcatters, focused on wearable technology for first responders, entered the community this year joining others including DFW Excellerator, Tech Wildcatters, RevTech, Health Wildcatters and Collide Village. Emerge’s first class comprised five startups and Motive’s class had four.
Meanwhile, new funds also began to emerge this year. Hangar Ventures, run by Jeff Williams and Jason Story, and Growth X, led in part by former members of Silicon Valley Growth Syndicate, announced $50 million funds this year. Naya Ventures also introduced itself to the community with a $100 million fund. Funding was also up this year, according to data provided by Pitchbook. Dallas firms invested $95 million, which marks the highest amount since 2001.