funding

Caris Life Sciences' new liquid biopsy lab in Phoenix. [Photo: Caris Life Sciences]

Irving’s Caris Life Sciences Closes On $400M Secured Term Loan

by | 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.

Caris, a molecular science and technology company that is actively developing and delivering innovative solutions to revolutionize healthcare, said it will use the proceeds to repay debt, improve its unique precision medicine platform, and for general corporate purposes....

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North Texas Schools Receive $5.5M In Career, Technical Education Grants From TWC
by | 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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Harvest Returns Helps Idaho-based American Beef Ranch Raise $470K
by | 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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[Courtesy image]

Dallas-Based Gardenuity Gets Seeded by Investors, Local Angels for Its High-Tech Growing Experience

by | 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 | 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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Island Co-founder & CEO Mike Fey
Dallas-Based Island Extends Series B Funding With $60M Investment for Its Desktop Disruptor—a Browser Built for Enterprise
by | 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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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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[Image: ipopba/istockphoto]

Biz Workshop: Texas Innovation Commercialization Lab Helps With Customer-Driven Strategy to Product Development

by | 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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The Shadow CEO: Entrepreneur startup tips
The Shadow CEO:
Determining Startup Valuation
by | May 10, 2022
Entrepreneur, investor, and corporate governance authority Dennis Cagan shares insights on seldom-taught things an entrepreneur needs to know about equity and governance—before making needless mistakes—in The Shadow CEO series.

Part 8: Determining Valuation
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Smart City Boost: Agency Adds Broadband to its Transportation Solutions Toolkit
by | Apr 13, 2022

Most anyone who has been commuting to work over the past two years has likely noticed a decrease in traffic.

Brookings Institution noted that metro traffic congestion was cut in half after COVID-19 hit in 2020, attributing it largely to employees working virtually from home, and more flexible work schedules (though government stay-at-home orders figured prominently as well)....

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[Photo: NanoStockk/iStock]

Dallas AI-Driven Labor Marketplace for Healthcare Scores $11.5M in Series A Funding

by | Dec 13, 2021
Prolucent Health solves labor challenges in healthcare at a time when the industry is seeing unprecedented shortages magnified by the pandemic. Its smart labor marketplace—the largest for accessing available healthcare jobs—connects healthcare workers and employers.
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LiveOak Venture Partners Raises $210M Fund to ‘Double Down’ on Texas
by | Nov 17, 2021
Fund III is the largest institutional Texas-focused, early-stage venture fund in the past decade.
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Blackstone Invests in Dallas-based LifeScience Logistics as the 3PL Leader Ramps Up in Pharma and Medical Device Market
by | Nov 16, 2021
LifeScience Logistics founder Richard Beeny calls the demand for FDA-compliant healthcare supply chain solutions “unrelenting.” The third-party healthcare logistics provider, which has more than 4-million-square feet of space in locations across nine states, has seen exponential growth since launch in 2006. LSL is in the sweet spot of Blackstone's "highest-conviction, firmwide investment themes": life sciences innovation and next-gen logistics.
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Women’s Sexual Health Startup Rosy Closes $2M Seed Round to Boost Its Evidence-Based Platform
by | Nov 15, 2021
Rosy plans to further develop its flagship platform, which gives women trusted access to sexual health resources from professionals in the industry.
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