Lubbock Angel Network

Lubbock Angel Network Empowering Lubbock's Innovators, Funding America's Future

"The nine startups will participate in the 2022-2023 Texas Tech Accelerator program, hosted through Texas Tech Universit...
04/28/2022

"The nine startups will participate in the 2022-2023 Texas Tech Accelerator program, hosted through Texas Tech University's Innovation Hub at Research Park. The startups will have access to funding support, $25,000 grants, co-working space and mentors during the yearlong process."
Congratulations to these West Texas Startups!

The Texas Tech Innovation Hub awards nine startups over $225,000.

"Pivoting really is such a ubiquitous part of the startup business experience, it’s basically a rite of passage for entr...
04/26/2022

"Pivoting really is such a ubiquitous part of the startup business experience, it’s basically a rite of passage for entrepreneurs.
Virtually everyone who’s started a company has a story about the time that company became a different company."

Have you ever started a business and pivoted once you learned more?

John Saddington, Founder of Pinpoint, and Casey Schorr, Founder of Printfection, share startup pivot experiences and what it's like to change direction.

"Growth is a term that is integral to startup culture. After all, startups are defined by their potential, rather than b...
04/22/2022

"Growth is a term that is integral to startup culture. After all, startups are defined by their potential, rather than by their current state of affairs, and growth is the most important proof that demonstrates you are on the right path."

One of the challenges small growing brands face is the explicit or implicit barriers to entry that bigger, well-established brands place in their markets. Here are two ways early-stage startups can overcome these barriers.

"Companies specializing in everything from AI and machine learning to SaaS and digital security are making waves in the ...
04/21/2022

"Companies specializing in everything from AI and machine learning to SaaS and digital security are making waves in the tech space in 2022. Competing and succeeding in the tech startup landscape can be highly challenging, but many companies have solidified a promising future for their operations."

15 Tech Startups to Watch in 2022 By: Lynn Cadet Posted: February 14, 2022 Companies specializing in everything from AI and machine learning to SaaS and digital security are making waves in the tech space in 2022. Competing and succeeding in the tech startup landscape can be highly challenging, but....

"While the week before Easter is generally a slow one, several companies, including ELMO Software raised capital leading...
04/17/2022

"While the week before Easter is generally a slow one, several companies, including ELMO Software raised capital leading up to the break. Up to $85 million in four days!"

The final week of March 2018 saw a massive amount of fundraising activity from Aussie startups, ranging from $500,000 seed rounds to $20 million Series A raises.

"Startups that align a higher purpose with their new services have the potential to thrive. We are already seeing signs ...
04/14/2022

"Startups that align a higher purpose with their new services have the potential to thrive. We are already seeing signs of this new breed of innovators: conscious, inclusive, empowered by and empowering with tech. For 2022 and beyond, we have defined five types of startups to watch."

In 2022, startups must meet customers where they are, help them go further and shine a light on underseen problems.

"A diverse group of 10 finalists from Austria, Brazil, and the U.S. were selected to deliver their best pitches in front...
04/09/2022

"A diverse group of 10 finalists from Austria, Brazil, and the U.S. were selected to deliver their best pitches in front of a live, virtual audience of potential investors, journalists, and hundreds of conference attendees during the second day of the media outlet’s sold-out, two-day bootcamp for startup founders."

Take a look at some early-stage startups to keep an eye out for!

LABS got an inside look at TechCrunch’s latest pitchfest during the final day of its Early Stage startup bootcamp

"Solopreneurs are on the rise and with such speed, that we’re still settling on the right terms to describe them. In 201...
04/07/2022

"Solopreneurs are on the rise and with such speed, that we’re still settling on the right terms to describe them. In 2019, the SBA identified 50.7 million businesses as small, employing up to 499 people. But, 81 percent of them were business owners with no additional employees who were lumped into the same category. As more people shift their focus toward starting their own businesses, an army of new technologies is emerging, wielding the tools to turn anyone into an entrepreneur."

A new kind of entrepreneur is taking the business world by storm -- and solopreneurs are doing it all by themselves.

"Already this month, almost 123,000 acres have burned across the state, according to data provided by Texas A&M Forest S...
03/31/2022

"Already this month, almost 123,000 acres have burned across the state, according to data provided by Texas A&M Forest Service, more than the previous three Marches combined. The hardest-hit area is Eastland County between Abilene and Fort Worth, where more than 54,000 acres have burned and a sheriff’s deputy died while trying to rescue others from the flames last week."

Climate change has made the Texas heat hotter and longer-lasting, enhancing drought conditions that set the stage for intense fires. More than 40% of the state is in an extreme drought.

"A Republican member of Congress attended President Joe Biden’s State of the Union address earlier this month wearing a ...
03/29/2022

"A Republican member of Congress attended President Joe Biden’s State of the Union address earlier this month wearing a shirt emblazoned with “Drill baby drill.” U.S. Rep. Filemon Vela, a Democrat from Brownsville, tweeted, “Save Ukraine! Unleash American Oil and Gas!”

Labor shortages, supply chain issues, hesitant financial backers and a frosty relationship with the Biden administration have limited how much Texas oil and gas companies are ramping up production.

"Pivots – a change in business strategy based on a new insight or market trend – are somewhat inevitable for young compa...
03/26/2022

"Pivots – a change in business strategy based on a new insight or market trend – are somewhat inevitable for young companies still chasing product-market fit. I’d argue that pivots are more important to track than fundraises, because they give a snapshot of a startup reacting to new tensions in the market."

Early-stage startups still have access to ample capital, giving them a VC bubble that somewhat protects them from rapid changes in the greater economy. But that bubble is changing shape.

"This year has been a blockbuster for the IPO markets. At the same time, it’s been a record year for venture funding int...
03/20/2022

"This year has been a blockbuster for the IPO markets. At the same time, it’s been a record year for venture funding into still-private startups. We think that sets 2022 up to be another robust year for stock market debuts as many of these well-capitalized startups head for the exits. With that in mind, here are the Crunchbase News staff’s top picks for who we think could go public next year."

2021 was a blockbuster for the IPO markets, and we think that sets 2022 up to be another robust year for stock market debuts as many well-capitalized startups head for the exits. With that in mind, here are the Crunchbase News staff’s top picks for who we think could go public next year.

"MediPrint™ Ophthalmics, an emerging San Diego-based clinical stage eye care pharmaceutical company focused on enhancing...
03/15/2022

"MediPrint™ Ophthalmics, an emerging San Diego-based clinical stage eye care pharmaceutical company focused on enhancing vision for life, announces the initial closing of a Series A round that exceeded $2.5 million, including from existing investors. There will be a subsequent close of this round, in Q2 2022, when the round is fully or over-subscribed. The funds raised in this Series A round are targeted primarily to support the upcoming Phase 2b clinical study along with the end of Phase 2 meeting with the FDA for its lead glaucoma asset."

SAN DIEGO, March 15, 2022--MediPrint™ Ophthalmics Announces Initial Series A Funding Success

The Lubbock Angel Network is excited to announce our investment into NuSkool Snacks, a pioneer and advocate of the low s...
03/10/2022

The Lubbock Angel Network is excited to announce our investment into NuSkool Snacks, a pioneer and advocate of the low sugar movement in the health and wellness F&B space.



https://nuskoolsnacks.com/

NuSkool Snacks - Deliciously Convenient Low Sugar, High Fiber Protein Bars

Check out some interesting early stage startups that received $50,000 in funding from the Accelerate Baltimore Cohort. W...
03/10/2022

Check out some interesting early stage startups that received $50,000 in funding from the Accelerate Baltimore Cohort.
With funding, these startups are now in a position to pitch for more funding or choose to start hiring at their current position.

Going 10 years strong, ETC's accelerator offers $50,000 investments, coaching and connections for young companies building a scalable tech product.

"With a digital technology startup launching every 72 hours and an active outdoor lifestyle attracting heavyweights like...
03/08/2022

"With a digital technology startup launching every 72 hours and an active outdoor lifestyle attracting heavyweights like Google and Amazon, Colorado’s mix of innovation, incentives and funding has contributed to a robust tech talent pool in the Front Range."

Check out these unique startups making waves in 2022!

Meet the young companies heating up the local tech market this year.

Morgan Anderson, owner of Odessa store, Hops Scotch and Vinery, says, “We’ve pulled products from the shelves and when p...
03/03/2022

Morgan Anderson, owner of Odessa store, Hops Scotch and Vinery, says, “We’ve pulled products from the shelves and when people come in and ask for that particular product they’re used to getting, we’ll just have to remind them of what we are doing and supporting.”

ODESSA, Texas (Nexstar) — Many businesses here in West Texas are standing in solidarity with Ukraine by removing Russian made products off of their shelves. One local liquor store in Odessa, …

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