Texas-Squared Startup Newsletter #300 | by Marc Nathan | Jun, 2021

Texas Startup News, Opinion & Events in the Lone StartUP State
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Today we celebrate the 300th issue of the Texas-Squared Startup Newsletter. Every week as I start to compile the most relevant startup news from across the State of Texas, I imagine that I’m fighting a battle to cover everything important. If I win the round for the week, my readers are armed with the most updated news to help understand our startup and investment landscape, and if I lose, it means that I’ve overlooked something significant and my readers miss out. I’m no warrior (obviously sitting in front of a screen all day certainly doesn’t help my dad bod to look as fit as a Spartan), but I do fight to make sure that founders, funders, and service providers that care about Texas startups have enough information to fight and win their own professional wars.

As we round the corner of 300 consistently published weeks of the newsletter, in addition to 37 issues of the sister publication for the Consumer Packaged Goods community (https://www.bit.ly/txboxed) I must thank my ‘Army’ without whom none of this would be possible: My employer, the startup-focused boutique law firm Egan Nelson (https://www.egannelson.com) and the attorney who hired me six (!) years ago, José Ancer who writes the excellent https://siliconhillslawyer.com/ blog, my sponsors over the years including Dell for Entrepreneurs, WeWork, Flatiron School, and General Assembly, the professional journalists and publications of the articles themselves, and especially you the reader who spends part of your Sunday scanning through the 300+ headlines that go into every issue. I must give special recognition for meritorious service to my own Home Front: my wife Joy and our girls who graciously allow me the space of several hours every Saturday morning to put this together for you by hand since August 2015.

The best way for you to continue to support this war effort is to share the newsletter with your friends and colleagues and send intel on published news and events that are relevant to the Texas startup community to [email protected]. Thank you and remember: THIS. IS. TEXAS!


Marc Nathan

– Houston Public Media’s Lucio Vasquez

  • Largest innovation maker hub in Texas Launches in East End Houston — Link
    – Click2Houston
  • How public funding enabled creation of $38M East End Maker Hub — Link
  • “A new East End innovation hub that aims to turn the Houston neighborhood into a national manufacturing epicenter opened its doors Thursday.
  • The 300,000 square-foot East End Maker Hub will serve as an incubator for high-tech manufacturing, medical and fabrication companies, officials said.
  • The facility’s developers aim to create 1,000 new companies over the next five years, which could potentially bring thousands of new advanced manufacturing jobs into the East End — an area that was once booming with a wide array of industrialized work.
  • The $38 million facility was mostly paid for with federal funds, distributed through the city of Houston. It was developed in partnership with tech incubator TXRX Labs and Urban Partnerships Community Development Corp.” — Houston Public Media’s Lucio Vasquez

We’re throwing a party June 16th, 5–9pm, for the Beta Business community. We would love for you to join us!

You’ll meet interesting, entrepreneurial people in Austin while having a great time. Here are some highlights for what to expect:

– Texas BBQ washed down with Ranch Rider Spirits and other made in Austin beverages.

– Unique entertainment including a magic show and fire dancers.

– Take home a founders edition Beta Business t-shirt.

Beta Business Bash
Wednesday, June 16, 2021 5:00 PM — 9:00 PM CDT
8711 Burnet Road G-80 Austin, TX 78757

Join us for two days of online panels and curated discussions with top investors and innovative founders in industries that have been highly stigmatized. One of the highlights of the Consumer VC Summit is professional networking across the spectrum of emerging startups and focused VCs. We will be announcing the lineup in the coming weeks. Enter TSQUARED at checkout for 40% off https://stigma.theconsumervc.com/

  • Productable Inks Deal with U.S. Air Force — Link
  • Unchained Capital Announces $25m Series A Led by NYDIG and Stone Ridge Holdings Group — Link
  • Bitcoin-Based Lender Raises $25 Million as Loan Growth Soars- Link
    – Bloomberg
  • As Austin’s I-35 Mess Gains National Attention, the City Refocuses on the Palm District: Applying an “equity lens” to reimagine the blocks alongside Austin’s gnarliest highway — Link
    – The Austin Chronicle
  • Vertify Partners with Zirous to Deliver Complimentary Offerings Through Both Software & Services — Link
  • Can Digital Technologies make us Better Humans? — Link
  • Ethical AI: Demographic Bias in Facial Recognition Technology — Link
    – Austin Startups
  • I24 Supply Company, DM3D Technology and Elementum Named Winners of Hackthemachine Heavy Metal by Fathom5 — Link
  • TikTok scours downtown Austin for space — Link
    – KXAN.COM
  • E-bikes, pandemic boost MetroBike ridership — Link
  • Austin Energy leader insists utility is resilient — Link
    – Austin Monitor
  • Celebrities + Investments: Can They Be Trusted? — Link
  • Jem Aswad, Music News Writer, and Pop Culture Expert — Link
    – Mediatech.ventures
  • Austinites hop on meme stock AMC with hopes of big gains — Link
  • Austin renters plagued with higher rents, fewer deals heading into summer — Link
  • Report: TikTok scouting tower in Downtown Austin — Link
  • National workers shortage reaches heights in Austin with half as many available workers for every open job — Link
  • Council eyes property tax hike above 3.5% — Link
  • When it rains it pours: Austin catches more rainfall than gloomy Seattle — Link
  • Elon Musk, Tesla owners bring attention to law that keeps sales of Cybertruck and Model Y out of Texas — Link
  • Six months living in foodie Austin, Elon Musk shows signs of opening a Tesla restaurant — Link
  • Tech workers and millennials trip on LSD and magic mushrooms in Austin psychedelic resurgence — Link
  • ‘Boomtown’ Austin leads country in tech migration, LinkedIn data says — Link
    – Austonia
  • Lillian Mills Appointed Dean of the McCombs School of Business — Link
  • What Makes an Excellent Professor? — Link
  • Equity is Playing a Part in Vaccine Hesitancy in Texas — Link
  • What the Great Unmasking Means for My Mom and Other Transplant Patients — Link
    – University of Texas
  • Enterprise Learning Platform A Cloud Guru to Be Acquired by Pluralsight — Link
  • How Austin’s Tech Scene Is Celebrating Pride and Supporting the LGBTQIA+ Community — Link
  • Need Some Real-World Tech Experience? Try This Austin Company — Link
  • Volcon EPowersports Brings in $17.5M to Double Production, Hire Ahead of Launch — Link
  • Now Hiring: These 11 Austin Companies Are Looking For Top Talent — Link
  • Hypori Raises $20M to Expand Into Fintech and Healthcare, Hire 30+ — Link
  • Austin’s 5 Largest Tech Funding Rounds Totaled $866M in May — Link
  • Rev.com’s Hiring Push, Homeward Raised $371M, and More Austin Tech News — Link
    – Built in Austin
  • Deep dive into Austin’s startup scene — Link
  • Journal Profile: New Texan Glenn Hamer is №1 fan of state’s business climate, BBQ — Link
  • SecurityLink names new CEO, first CMO — Link
  • Companies making revenue leaps have the cloud in common — Link
  • Oracle pays $254M for Nashville tech hub land — Link
  • PNC names Austin market president after BBVA USA buy — Link
  • How the business community fared during 87th Texas Legislature — Link
  • Texas loosens alcohol-selling rules for restaurants — Link
  • Texas will slightly expand medical cannabis program — Link
  • Changes to online sales tax thwarted — Link
  • The top Austin tech and startup executive hires and promotions (May 2021) — Link
  • Homeward CEO hopes to shift housing market in buyers’ favor with fresh $371M funding — Link
  • Business leaders moving forward with high hopes for the road ahead — Link
  • TikTok said to be looking at downtown Austin tower that Facebook passed up — Link
  • How wealth management can adapt to changing needs of market, talent pipeline — Link
  • Austin leads nation in tech migration, according to LinkedIn — Link
  • Nikki Graham retiring, David Bader to become new Austin market president for Bank of America — Link
  • Switch to put data center next to Dell HQ — Link
  • Austin social care company Aunt Bertha raises $27M — Link
  • Austin’s Best Places to Work revealed for 2021 — Link
  • Lillian Mills named permanent dean of McCombs School of Business at UT Austin — Link
  • Keller Williams’ new head of DEI on why equity matters in housing market — Link
  • Texas cities retain powers to regulate private-sector hiring, benefits — Link
  • PNC starts June by completing $11.6B BBVA USA buy — Link
  • Lyft, Uber short on drivers as Austin returns to normal — Link
  • M&A wrap: E2open ready to drop almost $1.7B on U.K. company — Link
  • In the money May 31: $739M raised by startups making software, motors, treadmills — Link
    – Austin Business Journal & Austin Inno’s Brent Wistrom
  • Austin tech firm Aunt Bertha raises $27M for growth — Link
  • Texas remains a buzzkill for marijuana advocates despite national gains — Link
  • Tesla set to build cars in Austin, but still can’t sell directly to Texans — Link
  • Austin businessman Nate Paul loses 9 properties to foreclosure sales — Link
  • Austin’s E2open acquires UK firm for $1.7 billion — Link
  • Texas bid to impose fees on electric vehicles fails — for now — Link
  • Hypori raises $20 million to continue growth — Link
  • Austin’s Alamo Drafthouse is out of bankruptcy and expanding — Link
  • As vaccines roll out, travel is back and Austin is a top destination — Link
  • Amazon distribution building in Southeast Austin gets new owner — Link
    – Austin American-Statesman

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