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funding
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.
Dallas-Based Smile Doctors Raises Over $550M for Strategic Growth
by Lance Murray | 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.
by Lance Murray |
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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by Lance Murray |
Jun 12, 2023
Texas is reforming its community college finance system to align policy and funding incentives with "the rapidly changing needs of the workforce," the Texas Higher Education Coordinating Board said. The newly passed bill positions Texas as "a national leader in linking funding for community colleges to measurable student-centric outcomes," state officials added.
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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.
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In a recent "Power to the Partners" video, MB2 makes the point that dentists go to school to help patients, not sit behind a desk. [Video screenshot]
MB2 Dental Raises $20M in ‘Sidecar’ Investment, Secures $150M Debt Facility for Growth
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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by Lance Murray |
Apr 11, 2023
The investment from Cobalt Ventures follows MedArrive's $25 million series A round in November 2021 and brings its total funding to $40.5 million to date. "Everyone in America has a right to inclusive, high-quality care, yet too many are left out and have no one on their side who can connect them to the system," MedArrive Co-Founder and CEO Dan Trigub said. "That's what the MedArrive platform and our field providers offer."
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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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[Image: Nuthawut Somsuk/istockphoto]
Against All Odds: 13 Months of Standout Funding Deals in North Texas
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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by Lance Murray |
Jan 20, 2023
North Texas educational institutions received more than $5.5 million of the more than $54 million in Jobs and Education for Texans grants awarded by the Texas Workforce Commission to public community, state, and technical colleges, school districts, and open enrollment charter schools across the state.
Among the grants awarded were ones to Collin College and seven North Texas area school districts....
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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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Dustin Marx [Images: Stellar; IFM; DI composite]
Dallas PropTech Startup Stellar Reports $20M Series B Funding Round
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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USPTO, Commerce Department Launch Women’s Entrepreneurship Initiative to Empower More Women Founders
by Lance Murray |
Nov 17, 2022
The WE initiative launches ahead of Women’s Entrepreneurship Day this Saturday, November 19, and comes on the heels of President Biden’s recent proclamation naming this month as National Entrepreneurship Month.
“Unleashing the potential of women entrepreneurs is good for business, good for families, and good for our economy,” the U.S. Secretary of Commerce says.
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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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