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. 

 

The Last Word: UNT’s Calvin Henard on Engineering a Bacteria that ‘Eats’ Greenhouse Gases

In his lab at the BioDiscovery Institute, Henard engineers methanotrophic bacteria to convert methane gas into bioplastics, biofuels, and other products. While they're at it, the methanotrophs also consume carbon dioxide, another key ingredient causing climate change. With a $1 million grant from the National Science Foundation and the Agile BioFoundry, a national labs consortium, Henard has begun a three-year study into the beneficial bacteria, which can lead to a more sustainable way to produce fuels, plastics, and chemicals than by using petroleum.
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RCS Secure Completes Series A Round, Rebrands as Third Wave Innovations
by | Nov 2, 2022
The fresh funding will allow the cybersecurity company to expand its customer base and invest in new parts of its core products and services, which include managed security, data, and IT services. Third Wave Innovations is eying growth. As the company puts it, "data security is no longer a luxury."
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Follow the Money: ParkHub Acquires Parking Software Startup, UpSmith Raises $3.3M, Maverick Bancshares Seeks $17M for new Fort Worth Bank, and More
by | Oct 28, 2022
In this week’s North Texas deal flow, you’ll also find news about Taysha Gene Therapies landing a $50M investment; music tech startup MAX’s Series B raise; Dallas Venture Capital’s latest investment; Tyler Technologies’ $68M acquisition of Rapid Financial Solutions; NaturalShrimp hitting the Nasdaq Capital Market; and more.
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Dialectic Therapeutics cancer
Follow the Money: Actuate Therapeutics Raises $11.2M to Fight Cancer, TPG Real Estate Closes $6.8B-plus Fund, Mark Cuban Backs Storage Scholars, and More
by | Oct 24, 2022
In this week’s North Texas deal flow, you’ll also find news about Sinclair Digital Services’ $5 million fundraising effort; Energy Spectrum Capital helping to launch a new energy firm; Darling Ingredients’ $1.2 billion acquisition; the Dallas Cowboys’ official accounting firm merging with BKM Sowan Horan; and more.
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Follow the Money: Book.io Aims to Put E-Books on the Blockchain with New Funding, Tech Startup Kalpa Aims to Raise $1M, and More

by | Sep 30, 2022
In this week’s North Texas deal flow, you’ll also find news about crowdfunding platform Harvest Return landing $2.5M; Supply’s acquisition by Foundry Brands; Moss Adams acquiring local CPA firm Kurtz & Company P.C.; Tri Global Energy being acquired for $270M by Canada's Enbridge; and more.
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Follow the Money: tree3 Aims to Raise $2M, Traveller Capital Raises $28.5M, IBM Acquires Dialexa, and More
by | Sep 26, 2022
In this week’s North Texas deal flow, you’ll also find news about Universal EV Chargers landing $10M in grants; The Beneficient Company Group's plans to go public in a deal valued at $3.5B; NTT DATA’s acquisition of Apisero, ‘one of the largest all-stock transactions in the mid-to-upper-management recruiting space'; and more.
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Follow the Money: P10 Acquires California Investment Firm, SmartMoving Lands $41.5M, and More
by | Aug 29, 2022
In this week’s North Texas deal flow, you’ll also find news about Biotech Renibus Therapeutics raising $8.48M to fight cardio-renal disease; Deposits raising $5M for its plug-and-play financial services platform; Lion Real Estate Group targeting multifamily properties in the Sun Belt with a $200M fund, and more.
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Follow the Money: Recuro Health Expands with New Acquisition, Texas Cybersecurity Transplant Raises $70M, and More
by | Aug 22, 2022
Plus, bidding war looms for Dallas-based Signify Health; Fort Worth-based Harvest Returns raises $780K for new fund; Dallas property consulting firm Masterplan is acquired by New York company; Washington D.C. PE firm adds to its Fort Worth architectural platform; Pharos Capital sells stake in diagnostic testing company; and more North Texas deals.
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Follow the Money: Southlake Biotech Raises $14.9M, American Airlines Invests in Innovative Engine Maker, and More

by | Aug 8, 2022
Plus: 7-Eleven acquires last-mile delivery startup; American Heart Association invests in $43M healthcare innovation fund; Fort Worth real estate investors raise $32.4M for new fund; Dallas College Lands $8.8M to boost biotech workforce; UT Southwestern researchers land funding for hypothermia therapy study; and more North Texas deals.
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Follow the Money: Dallas Unicorn Adds Cisco Investments as New Backer; Fort Worth Glove Maker Lands $58M for Facility, HQ Upgrades; and More
by | Jul 29, 2022
Plus: Southlake SPAC to take financial services firm public; real estate startup Nada Closes $8.1M seed round; Southlake PE firm is raising two biotech-focused funds; Jones family-backed investment firm acquires travel software company; and more North Texas deals.
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Follow the Money: BILT Gets $1.7M Air Force Grant for 3D Instructions App, PGA of America Invests in Golf Innovation, and More
by | Jul 25, 2022
Plus, Fort Worth's Harvest Returns raises new fund; new Ryan acquisition makes 2022 its most active M&A year; OpTic Gaming acquires Dallas chatbot startup; Dallas legal education firm boosts digital content library; and Fort Worth's Novaria Group acquires firm with giant aerospace clients.
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Follow the Money: Fort Worth Biotech Raises $16M, VC Firm Raises $25M for Debut Fund, S2 Capital Surpasses Blackstone as Region’s Most Active Multifamily Investor, and More
by | Jul 15, 2022
Plus, Dallas real estate startup Nada raises $5.7M, Arlington's Wonder Works Studios raises $5.53M, Exela Technologies in talks to sell off $200M-revenue business unit, PE firm Crossplane Capital closes $325M second fund, and more North Texas deals.
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Follow the Money: Video Game Studio Raises $46M for Web3 Play, Medical Device Maker Goes Public, Real Estate Investor Raises $1.8B, and More

by | Jun 17, 2022

What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money. Sign up for our e-newsletter, and share your deal news here

Video Game Studio Lands $46M for Web3 Play

A local video game studio created by a Words With Friends co-founder is entering the Web3 space—with a game designed to be fun for players and spectators alike....

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Follow the Money: Dallas Mavericks Players’ Web3 Startup Raises $26M, Mark Cuban Invests in Sensor Startup, and More
by | Jun 13, 2022
Plus, Fort Worth-based BNSF Railway raises nearly $1B; TPG's The Rise Fund among investors in International Medical University; Fort Worth hydrogen storage solutions startup lands equity investment; McKinney's StatLab Medical Products acquires U.K.-based CellPath; and more North Texas deals.
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