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Follow the Money
News on capital raises, mergers and acquisitions, private equity, and grant funding across Dallas-Fort Worth. From early-stage funding to public exits, here’s a look at deals making business news in the region.
[Credits: Photo, MTX; shield, Viktar HAURYLENKA/istockphoto; composite, DI Studio]
Frisco’s MTX Group Acquires VerifyID.ai to Advance AI-Powered Digital Identity Verification
by Lance Murray | Oct 29, 2025
VerifyID.ai delivers a simple, flexible, and secure digital identity verification platform with built-in fraud prevention, MTX Group said. The acquisition comes just weeks after after MTX launched MTX Ventures, an investment arm focused on backing early- and mid-stage companies in the enterprise AI space.
by Lance Murray |
Oct 29, 2025
Micromax is a global supplier of advanced electronic inks and pastes designed for high-performance electronics used in navigation and defense, medical monitoring, and advanced circuit board components.
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by Lance Murray |
Oct 28, 2025
Uptiq.ai said the funding will be used to drive large-scale adoption of Uptiq Qore, the company’s next-generation AI infrastructure platform, and make it accessible to financial institutions of all sizes.
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by Lance Murray |
Oct 28, 2025
EPIC, which calls itself "the loan payoff clearinghouse for the automotive ecosystem," said the funding will support continued market expansion and platform innovation.
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L to R: Alexis Ohanian with RetrievAir Co-Founders Mark Williams and Benton Miller on ABC's "Shark Tank." [Photo: Disney/John Fleenor]
Arlington’s Pet-First Aviation Service RetrievAir Snags an Investment on ABC’s ‘Shark Tank’
by Lance Murray | Oct 24, 2025
RetrievAir lets pets fly side-by-side in the cabin with their owners without the need to confine the pets to a bag, crate, or the dreaded cargo hold. The investment was made by guest "shark" Alexis Ohanian and his VC firm, Seven Seven Six.
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by Lance Murray |
Oct 23, 2025
"GSA and Trinity's missions are intrinsically linked, united by an ambition and ability to solve some of the world's most complex environmental challenges," said Mike Remsberg, divisional president of Water & Ecology at Trinity.
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by David Seeley |
Oct 23, 2025
After achieving a "Big Hairy Audacious Goal" of reaching over $1 billion in volume on its platform, OMG is taking an even bigger step by merging with Inktavo—the parent company of InkSoft, Printavo, GraphicsFlow, SignTracker, and Clarity Software.
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by David Seeley |
Oct 23, 2025
As Austin-based Avride ramps up testing of its robotaxis in Dallas for a planned late-2025 launch, Uber and the Nebius Group have infused the company with $375 million and "commercial commitments." Competition looms in 2026, however—both Waymo and Lyft are planning Dallas robotaxi services of their own.
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Left: Machinify CEO David Pierre; Right: Simeon Kohl, CEO of Performant Healthcare [Photos: LinkedIn/Performant]
Machinify Closes $670M Acquisition of Nasdaq-Listed Performant Healthcare
by Lance Murray | Oct 21, 2025
Machinify said that bringing together Performant’s deep audit and recovery expertise with Machinify’s advanced AI platform will enable the company to deliver faster, more accurate insights, further reduce administrative burden, and unlock greater savings for health plans.
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by Lance Murray |
Oct 21, 2025
"Hologic is an outstanding global leader in advancing women’s health, with a longstanding reputation for groundbreaking and high-quality medical device and diagnostic products," said Blackstone's Ram Jagannath.
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by David Seeley |
Oct 21, 2025
Janta's patented, high-density 3D photovoltaic towers are engineered to generate around 50% more energy while using one-third of the land area of traditional flat-panel solar systems. "Our 3D solar towers were built for exactly this moment," Founder and CEO Mohammed Njies said.
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by Lance Murray |
Oct 20, 2025
MTX Ventures will back early-stage founders building AI-native tools for business, government, and social impact—aligned with MTX Group’s public- and private-sector work.
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Last May, Triplemoon Founder Lauren Gage was one of the winners of the Golden Ticket North Texas pitch competition at Pegasus Park in Dallas. L to R: Margo Harrison, Founder & CEO of Wave Bye Inc.; Danguole Altman, Founder & CEO, Cx Precision Medicine; and Gage. [Photo: Ignite Health]
Dallas-Based Triplemoon, a Pediatric Mental Health Services Platform, Closes $3.5M Seed Round
by Lance Murray | Oct 16, 2025
Founded in 2023 by Lauren Gage, a mother and a former McKinsey & Co. and Goldman Sachs executive, Triplemoon was created to solve one of healthcare’s most urgent challenges: the explosive demand for pediatric mental health support in an overwhelmed primary care system.
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by Lance Murray |
Oct 16, 2025
Along with CMC's $675 million September acquisition of Virginia-based Concrete Pipe & Precast, the North Texas company is now poised to have the No. 3 precast concrete platform in the United States.
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by Lance Murray |
Oct 15, 2025
Mod Op—which has a Dallas office and locations across North America—said the deal completes its end-to-end B2B marketing framework. Ascend founder Rich Herbst is now EVP, Client Solutions at the Florida-based firm.
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by Lance Murray |
Oct 15, 2025
The acquisition adds Cognitus’ AI-enabled tools and regulated industry expertise to IBM’s SAP portfolio. Founded in 2002, the Dallas company is known for its software-first approach to enterprise transformation.
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