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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.
MythWorx CEO Jason Williamson (left) and Co-Founder and Chairman Wade Meyers [Photos: Oracle/MythWorx]
Dallas AI Startup MythWorx Closes $5M Seed Round, Valuing It at $100M
by Lance Murray | Oct 22, 2025
A next-generation AI startup with a unique AI/AGI construct and architecture and pioneering reasoning capabilities, Mythworx said the valuation is significantly higher than other seed-stage AI startups.
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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Ceremonial check presentations marked $271,000 in grants awarded to DFW nonprofits by FHL.B Dallas and its member institutions, supporting affordable housing, workforce development, and entrepreneur education. [Photo: FHLB]
8 DFW Nonprofits Receive $271K in FHLB Grants to Boost Housing, Education, and Economic Mobility
by Lance Murray | Oct 20, 2025
The Federal Home Loan Bank of Dallas and six member banks awarded the grants through the 2025 Partnership Grant Program. Nonprofits can apply for the next round in spring 2026.
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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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Left: Aragorn AI Co-Founder and CEO Eric Adjei; Right: Co-Founder and Head of product Gladys Adjei [Photos: LinkedIn]
Plano-Based, HR-Focused Aragorn AI Raises $4.3M Seed Round
by Lance Murray | Oct 15, 2025
“We’re rethinking the entire HR stack by starting with how HR and People Ops teams actually work—messy data, evolving orgs, real-world workflows—and building backward from there," says Co-Founder and CEO Ed Adjei.
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by Lance Murray |
Oct 15, 2025
A consortium of big industry players called the Artificial Intelligence Infrastructure Partnership (AIP) and other partners are snapping up Aligned and its 50 data center campuses across the U.S. and Latin America. AIP's first-ever investment aims to help meet "the growing demand for the infrastructure required as AI continues to reshape the global economy," said BlackRock CEO Larry Fink.
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by Lance Murray |
Oct 14, 2025
The combination of AI and regulatory intelligence makes HOOTL "uniquely equipped" to solve the insurance bottlenecks that have plagued providers for many years, the Dallas-based VC firm said.
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by Lance Murray |
Oct 14, 2025
As part of the deal, SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital, known for investing in disruptive and innovative technology, will become investors in LevelBlue—which was formerly known as AT&T Cybersecurity before its spinout as a standalone business last year.
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The acquisition unifies world-class driver training with deep fleet analytics to deliver safer, smarter, and more cost-efficient operations, Smith System said.
Arlington-Based Driver Safety Training Co. Smith System Acquires Minneapolis-Based Utilimarc
by Lance Murray | Oct 9, 2025
The acquisition unifies world-class driver training with deep fleet analytics to deliver safer, smarter, and more cost-efficient operations, Smith System said.
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by Lance Murray |
Oct 9, 2025
Headquartered at 5050 Quorum Drive in Dallas, RealFoundations has more than 500 employees supporting 500 companies in the U.S., Europe, and Asia-Pacific. Founder and CEO Chris Shaida said joining Newmark—a global leader in commercial real estate services—is "a natural next step for our firm."
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by Quincy Preston |
Oct 9, 2025
DFW Angels—a group formed by investors from TiE Dallas Angels—led the Dallas startup’s pre-seed round. Backed by Techstars and former execs from Facebook, Fujitsu, and Samsung, Nerveli is using AI and gamified cognitive behavioral therapy to tackle chronic pain.
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by Lance Murray |
Oct 9, 2025
Managing partners Hunter Austin and Waylon Kelley, who founded the firm in 2020, will join Perficient in key leadership roles. CEO Yusuf Tayob said the acquisition strengthens Perficient’s ability to lead clients through agentic enterprise transformation. The expanded Salesforce partnership is being showcased at Dreamforce Oct. 14–17 in San Francisco.
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