funding

S.M. Wright Project in South Dallas

Dallas’ First Test Bed for Smart‑City Transit Tech Receives Funding Through $4M Federal Grant

by | Jan 12, 2021
Dallas' S.M. Wright Highway is being rebuilt into a pedestrian-friendly boulevard, complete with advanced smart-traffic capabilities. The U.S. Department of Transportation grant was key in getting the tech added to the highway.
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Bestow CEO and Co-founder Melbourne O'Banion [Image: Courtesy Fort Lion Studio]
Dallas-Based Life Insurance Startup Bestow Lands $70 Million Series C
by | Dec 16, 2020
The insurance innovator has raised $145 million in total funding to date as it readies for expansion. In 2020, Bestow has closed a $50M Series B round, launched a nonprofit, and acquired Centurion Life Insurance Company.
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Frisco Digital Adoption Platform Developer Apty Secures $5.4M in Post-Seed Funding
by | Dec 2, 2020
Apty's Digital Adoption Platform software aims to help enterprises with complex business processes and software adoption. With the round, Apty plans to fuel its business expansion plans by adding to its product offerings and client list, which already includes big names like Mary Kay and Hitachi.
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McKinney-Based Beauty Tech Startup ShearShare Closes $2.3 Million Seed Round

by | Nov 9, 2020
The announcement comes during a time of rapid financial growth for the company, as ShearShare reaches $3.4 million in overall funding.
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Fort Worth Convenience Store Operator Yesway Raises $235M For an Extensive ‘Raze and Rebuild’
by | Oct 28, 2020
Yesway, which moved its headquarters to Fort Worth two months ago, closed $235M in equity funding for a store remodel campaign across its portfolio. The move is part of the five-year-old convenience store operator's fast-growth track that was kickstarted when it acquired the 304-store Allsup's Convenience Store chain last year.
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Caris Life Sciences Raises $310M to Continue Rapidly Growing in the Precision Medicine Market
by | Oct 27, 2020
The growth capital will allow Caris to advance its position as a leading tumor profiling company that aims to reinvent cancer care.
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Frisco-Based TUBBR Raises Angel Funding to Support the Launch of its Beta
by | Oct 21, 2020
TUBBR is a new social network that aims to give the control back to the users. The platform allows people to see and share what they want—and potentially get paid for it. With the new funding, founders are preparing for a January beta launch.
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United Way of Metropolitan Dallas to Host Fourth Annual The Pitch Competition Virtually

by | Oct 20, 2020
Five fellows from United Way of Metropolitan Dallas' Social Innovation Accelerator will present their ideas in health, income, or education for the chance at $235,000 in funding. Tickets are on sale now for the all-virtual event on Oct. 28.
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Linear Labs Raises $6M to Further Develop Its Smart Motor Manufacturing Capabilities and Employee Base
by | Oct 13, 2020
The investment follows a $68.9 million incentive package Linear Labs closed with the City of Fort Worth in June. In addition to the funding, Linear Labs has added Masergy Chairman and CEO Chris MacFarland to its Board of Directors.
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Dallas-Based Arcosa Makes $87M Acquisition That Could Reduce Transportation Costs, Carbon Footprint
by | Oct 12, 2020
The acquisition, a follow-on to another one Arcosa made in January, will expand the company's recycled aggregates platform into the Dallas-Fort Worth market.
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MyTelemedicine telehealth startup McKinney innovation fund
Fast-Growing Telehealth Startup Expands HQ With McKinney EDC Innovation Fund Grant
by | Oct 12, 2020
The incentive-based innovation fund, launched just this year, continues to fuel the growth of tech startups in McKinney. The latest is MyTelemedicine, a SaaS platform that powers modern remote healthcare technologies.
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Dallas-Based Botisimo Raises $700K in Seed Funding for Cross Platform Tools for Streamers

by | Oct 5, 2020
Botisimo's tech has been used by more than 100,000 live streamers. That includes some notable names: Monstercat, Snoop Dogg, and Dude Perfect.
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Alkami Technology Closes a $140M Funding Round After Hitting Major Growth Milestones
by | Sep 29, 2020
The raise puts Alkami's total funding at more than $400 million. It comes at a time when the cloud-based digital banking solutions provider is nearing 10 million digital users.
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McKinney Innovation Fund Draws Hundreds of New Jobs, 11 Tech HQs in Eight Months
“We’re building an ecosystem and creating a space for startups to access funding, and helping them scale at the timeliest need for their company during the startup lifecycle,” Senior Vice President at McKinney EDC Danny Chavez said.
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Robotics Education and Competition Foundation Receives $750K from Texas Workforce Commission
by | Sep 16, 2020
The grant will be used to give thousands of Texas students access to robotics and STEM learning resources.
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