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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.
Mike Cohen, head of acquisitions at Dalfen Industrial; Park 309, Quakertown, PA [Photos: Dalfen Industrial]
Dallas-Based Dalfen Industrial, Goldman Sachs Partnership Snaps Up 21 Properties for a Reported $293M
by Lance Murray | Jan 30, 2025
The companies have worked together in the logistics real estate sector since 2020, focusing on last-mile industrial properties and distribution centers. The newly acquired portfolio with strategic assets across Dallas, Las Vegas, Cincinnati, and Pennsylvania is 92% leased to 68 tenants, including prominent names such as Amazon, Red Bull, and Packaging Corporation of America.
by Lance Murray |
Jan 30, 2025
DataBank—a data center company providing edge colocation, interconnection, and managed services—said the new funding resulted from "excess investor interest" in its recent $2 billion primary equity round. Total debt and equity raised by DataBank in the past 18 months: nearly $5 billion.
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by Lance Murray |
Jan 29, 2025
Backed by SYN Ventures, Picus Capital, and others, Conifers.ai says its CognitiveSOC platform enables customers to use agentic AI as a "force multiplier" to rapidly investigate security incidents at scale with the tools and portals they already have.
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by Lance Murray |
Jan 29, 2025
The combination of Accredited Labs and QSI will mean expanding the national reach and capabilities of both companies, which are in the business of ensuring the accuracy of test systems and measuring instruments.
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Qsic Co-Founder and CEO Matt Elsley [Composite photo; original: LinkedIn]
Qsic Snags $25M in Series B Funding to ‘Reinvent’ In‑Store Retail Audio
by Lance Murray | Jan 28, 2025
Qsic recently announced a partnership with Irving-based 7-Eleven to roll out "Gulp Radio" in 12,000 stores by the end of 2025. The Australian company has an office in Dallas, where its co-founder and CEO is leading Qsic's North America business growth.
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by Lance Murray |
Jan 28, 2025
TrailRunner, a Southlake-based strategy and communications advisory firm, will add more than 80 full-time professionals across eight global offices to PPHC's network, strengthening the Washington, D.C.-based firm's offerings in fields including sports and financial communications.
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by Lance Murray |
Jan 27, 2025
Aiming to safeguard national security using advanced AI, cybersecurity experts at the University of North Texas have received $3 million from the Department of Defense to help the department overhaul its hiring processes....
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by Lance Murray |
Jan 25, 2025
The offices house AT&T's legacy copper networks and are located across the country.
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Percipio Health Co-Founder and CEO Eric Rock, Chief Growth Officer James Brookes, and Co-Founder and Chief Strategy Officer David Lucas at the HLTH USA 2024 health innovation event. [Photo: LinkedIn]
Population Health Platform Percipio Health Launches in North Texas with $20M Raised
by Lance Murray | Jan 22, 2025
Plano-based Percipio's platform uses AI and a smartphone—without medical devices—to collect "whole-person health signals" for real-time assessments that identify current and predictive health risks.
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by Lance Murray |
Jan 21, 2025
Novaria is a leading manufacturer of specialty components and hardware for the aerospace and defense industries. Bandy is a leader in the production of "tight tolerance" hinges and pins for both sectors.
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by Lance Murray |
Jan 18, 2025
The project, led by Assistant Professor of Biology Alicia Rogers, could lead to improved genetic knowledge that may aid in the development of synthetic therapies to prevent or treat diseases, including cancer.
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by Lance Murray |
Jan 18, 2025
Cytracom said that acquiring Telivy "accelerates its expansion" into Security and Risk Management (SRM), complementing its established Secure Access Service Edge and Unified Communications as a Service solutions.
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Aligned Data Centers CEO Andrew Schaap [Photo: Aligned Data Centers]
Plano-Based Aligned Data Centers Raises Over $12B in Equity and Debt Capital
by Lance Murray | Jan 15, 2025
The company said the raise encompassed new primary equity from funds managed by Macquarie Asset Management, alongside multiple large global investors with significant experience in digital infrastructure.
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by Quincy Preston and David Seeley |
Jan 15, 2025
California's Rockfish Data, built on Carnegie Mellon research, is using generative AI to create synthetic data that helps enterprises overcome the challenges of "data silos"—particularly when working with rare scenarios or sensitive information.
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by Quincy Preston |
Jan 15, 2025
Best known for its moonshot mission to revive the woolly mammoth, Colossal Biosciences has secured $200 million in Series C funding led by TWG Global. The world's first de-extinction company, founded in 2021 by entrepreneur Ben Lamm and renowned Harvard geneticist George Church, Colossal Biosciences is working to restore Earth's lost biodiversity, "making science fiction into science fact."
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by Lance Murray |
Jan 14, 2025
Based in Philadelphia and founded in 1939, Thalheimer is a non-ferrous scrap metal processor of copper, brass, stainless steel, and other metals, selling to foundries, refiners, and mills globally. It acquired Phoenix-based Mega Metals in 2018.
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