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. 

 

Dallas-Based SB22 Partners with PICO to ‘Revolutionize’ VR Sports Entertainment Experiences

by | Jul 26, 2023
By leveraging SB22's ability to create immersive and interactive sports entertainment experiences and PICO's hardware and technology capabilities, the collaboration seeks to transform how users engage with VR content, the companies said.
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Humanizing Health Tech: Axxess Boosts Client-Focused Solutions With Strategic Acquisition
by | Jul 25, 2023
Uniting two health tech innovators, Dallas-based unicorn Axxess has strategically acquired Complia Health, accelerating its quest to revolutionize home health tech solutions for providers.
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Rising Demand for AI, ML, and Streaming Tech Solutions Fuels New $1.6B CoreWeave Data Center in North Texas
by | Jul 25, 2023
Slated to open by December 31, the 450,000-square-foot facility "will help meet the unprecedented demand for high-performance cloud solutions for artificial intelligence, machine learning, pixel streaming, and other emerging technologies," New Jersey-based CoreWeave's co-founder and CEO said.
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Dallas Digital Signage Co. Korbyt Receives ‘Significant Growth Investment’ from Boston VC Firm

by | Jul 20, 2023
Korbyt said the partnership will accelerate its growth trajectory by expanding reseller and technology partnerships, facilitating customer support growth, as well as supporting more innovation in Korbyt’s industry-leading, cloud-native SaaS platform.
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Steven Huddleston is the new CEO of Ventra Health
Ventra Health Expands Client Services by Acquiring India-Based ArcMed
by | Jul 20, 2023
"This enables us to make greater investments in client-facing areas, such as client success, data and analytics, provider education, quality, and compliance." Ventra Health CEO Steven Huddleston says.
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Dallas-Based Smile Doctors Raises Over $550M for Strategic Growth
by | Jul 19, 2023
Smile Doctors, which calls itself the largest and fastest-growing orthodontic support organization in the U.S., said the raise was funded by doctors along with several large domestic and international healthcare investors.
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Chakri Gottemukkala, co-founder and CEO, o9 Solutions, Inc. [Photo: Business Wire]

Dallas’ o9 Solutions Raises $116M in Latest Funding Round for a $3.7B Valuation

by | Jul 19, 2023
The new round was led by General Atlantic’s BeyondNetZero with existing investors KKR and Generation Investment Management also participating. As o9 leverages AI to help create "more sustainable supply chains," it also announced a new board member.
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Dallas Fintech Zippy Gets Growth Investment from Brand Foundry, Hires B2B2C Growth Veteran

by | Jul 17, 2023

Dallas-based fintech Zippy has raised additional investment from Brand Foundry and repeat investors. The startup said the capital infusion will drive scalability and meet the growing demand for manufactured home loans.

As it celebrates its second year, Zippy’s growth trajectory positions it on a path to being one of the largest lenders in the manufactured housing industry, the company said....

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Dallas’ Foundry Acquires Blu Atlas Men’s Personal Care in 8-Figure Deal
by | Jul 14, 2023
“Blu Atlas has successfully cracked the code by offering high-quality products crafted from natural ingredients, accompanied by great fragrances and appealing packaging," said Foundry co-founder and CFO Matt Rhodes.
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Addison’s Nexus PMG Raises $50M to Accelerate Its Waste-to-Value Services and Development
by | Jul 11, 2023
Nexus PMG said that with the new round of funding, it aims to broaden its primary service offerings including front-end engineering and design, development-as-a-service, and operational turnaround. By focusing on things like turning organic waste streams into renewable natural gas, Nexus says it is "at the forefront" of the energy transition.
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Raytheon, Now Rebranded as RTX, Inks $117.5M U.S. Army Contract for Advanced Targeting Sensor Systems
by | Jul 10, 2023
The advanced infrared targeting sensor systems "enhance lethality, survivability, and situational awareness in austere environments, providing combat overmatch for the Army's ground combat platforms," RTX said in a statement, adding that the Dallas suburb of McKinney will be the primary work location for the project.
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