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funding
Sera—a SaaS service for small-to-large size HVAC, plumbing, and other field service businesses—said it closed the oversubscribed funding round with a market cap three times the value the company had at the close of its Series A round in November 2021.
Grapevine’s Sera Systems Reports ‘Eight-Figure’ Series B Funding Round
by Lance Murray | May 25, 2023
Sera—a SaaS service for small-to-large size HVAC, plumbing, and other field service businesses—said it closed the oversubscribed funding round with a market cap three times the value the company had at the close of its Series A round in November 2021.
by Lance Murray |
May 15, 2023
The company says the new capital will be invested in programs that focus on innovation and continued delivery of high-quality kidney care—both in clinic and at home—as well as the continued professional development of care teams.
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by Lance Murray |
May 8, 2023
From its scrappy beginnings in Texas in 2007, MB2 Dental has grown into a nationwide network of over 550 practices across 38 states. The organization's doctor partners are also shareholders, giving them financial freedom and a say in decision-making for patient care. With a record-breaking $20M fundraising round and a new $150M debt facility, the DPO is poised for more growth.
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by Lance Murray |
May 2, 2023
As telcos around the world make the shift from hardware-based to software-based networks, Richardson-based Mavenir is leading the charge toward this major industry transformation. President and CEO Pardeep Kohli says the new capital “will allow us to accelerate our capabilities in automation, sustainability, and use of AI as we enable our customers to efficiently deploy and operate Open RAN based end-to-end cloud-native networks."
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The Panther Island project, also known as Central City, is located in an industrial area north of downtown Fort Worth. The project will create a new urban district on an island combining mixed-use neighborhoods with a network of canals and a lake to control flooding. [Rendering: Courtesy of Trinity River Vision Authority ]
Corps of Engineers Steers $20M More to Fort Worth’s Panther Island Project
by Lance Murray | Mar 13, 2023
The project aims to reroute part of the Trinity River near downtown Fort Worth and create Panther Island—which the city hopes will become a massive housing and mixed-use entertainment and recreational district. The new 2023 funding is on top of $403 million already allocated to the project as part of the Bipartisan Infrastructure Law of 2022.
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by Lance Murray |
Feb 22, 2023
"Scoot is a fun name, and it reflects the energy our product brings into meetings," founder and CEO Ed Stevens said. The dynamic virtual meeting startup will use the funding for product development and scalability to serve "a growing set of global customers."
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by Lance Murray |
Feb 13, 2023
Check out these 31 deals—and North Texas newest unicorns. Last month, two of the three newly minted unicorns in the U.S. were from Dallas.
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by Lance Murray |
Jan 23, 2023
Caris Life Sciences, the Irving-based biotech company, announced Thursday that it closed a senior secured term loan providing up to $400 million in capital from OrbiMed and Braidwell, bringing its funding total since 2018 to roughly $1.7 billion....
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Harvest Returns Helps Idaho-based American Beef Ranch Raise $470K
by Lance Murray | Jan 10, 2023
Harvest Returns, a Fort Worth-based crowdfunding platform, recently helped American Beef Ranch complete a $470,000 raise.
According to Harvest Returns, the Idaho-based ranch aims to raise high-quality grass-fed, grass-finished beef and lamb.
A fifth-generation rancher, owner, and operator, Jesse Nelson has worked the ranch for over 10 years giving him an advantage in understanding how and where certain improvements are to be implemented, Harvest Returns said....
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by Lance Murray |
Dec 8, 2022
Southlake-based Renibus Therapeutics—a clinical-stage biotech company developing innovative products for cardiorenal diseases—has received $33 million in bridge financing to help it advance three drugs in its pipeline. The drugs are currently in various phases of trials.
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by Lance Murray |
Dec 1, 2022
Stellar's platform leverages AI and machine learning to reimagine home maintenance. The startup partners with property managers and contractors to take care of homes and people—with a "mission of delivering hassle-free maintenance done right."
"We have caught lightning in a bottle," Founder and CEO Dustin Marx said of the new raise.
"We have caught lightning in a bottle," Founder and CEO Dustin Marx said of the new raise.
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by Lance Murray |
Nov 28, 2022
Six members of the North Texas Angel Network invested in Gardenuity via AngelList, an investment platform that allows individual NTAN members to invest as a single entity in startups.
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Island Co-founder & CEO Mike Fey [Source images: Island; MKJ Photography/Island]
Dallas-Based Island Extends Series B Funding With $60M Investment for Its Desktop Disruptor—a Browser Built for Enterprise
by Lance Murray | Nov 14, 2022
Island, a Dallas-based unicorn that emerged from stealth last February, was valued at $1.3 billion in March. It continues to attract big investments for its Enterprise Browser, which protects companies' SaaS tools and internal web apps from data leaks with a long list of security features.
"Being able to further validate our valuation, even with the headwinds facing the broader market, is an honor,” Island CEO and co-founder Mike Fey said.
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by Lance Murray |
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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by Lance Murray |
Oct 26, 2022
Frisco-based MAX, a tech marketing company that powers brand and music partnerships, raised $6 million in 2017. A new round led by Interlock Partners will help fund the development of SET.Live. The new platform lets artists engage with fans at live shows while creating unique sponsorable assets for brands like Ford, McDonald's, and more.
“This investment allows MAX to continue fulfilling its mission to automate and digitize artist sponsorships and create a new marketplace for the creator economy,” says CEO and founder Nathan Hanks.
“This investment allows MAX to continue fulfilling its mission to automate and digitize artist sponsorships and create a new marketplace for the creator economy,” says CEO and founder Nathan Hanks.
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by Dallas Innovates | Staff Report |
Jul 11, 2022
Want to map your innovation-to-market commercialization path or apply for federal money through the $4 billion America's Seed Fund program? Or maybe you're an entrepreneur seeking to validate your customer's needs. The Texas SBDC Technology Commercialization Center wants to help.
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