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Conceptual rendering of the Corridor Gateway of the S.M. Wright Project in South Dallas. [Courtesy rendering, subject to further refinement.]
Dallas’ First Test Bed for Smart‑City Transit Tech Receives Funding Through $4M Federal Grant
by Dave Moore | 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.
![Bestow CEO and Co-founder Melbourne O'Banion [Image: Courtesy Fort Lion Studio]](https://s24806.pcdn.co/wp-content/uploads/2019/12/Melbourne_Bestow-FORT1598-360x203.jpg)
by Quincy Preston |
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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by Alex Edwards |
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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by Alex Edwards |
Nov 9, 2020
Cellwize, which has operations in Israel, Dallas, and Singapore, is behind a cloud-native platform that helps operators deploy 5G networks in a more efficient, scalable, and flexible way.
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Fort Worth Convenience Store Operator Yesway Raises $235M For an Extensive ‘Raze and Rebuild’
by Alex Edwards | 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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by Alex Edwards |
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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by Alex Edwards |
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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by Lauren Hawkins |
Oct 20, 2020
The Dallas company closed a bridge round from a DFW institutional investor. The funding will be used to support MediBookr's growth and expand its proprietary digital health platform.
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Linear Labs' electric motor was invented by Brad Hunstable and his father, Fred, while they were working to design a device that could pump clean water and provide power for small communities in underdeveloped regions. [Photo: Courtesy Linear Labs]
Linear Labs Raises $6M to Further Develop Its Smart Motor Manufacturing Capabilities and Employee Base
by Alex Edwards | 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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by Alex Edwards |
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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by Alex Edwards |
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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by Alex Edwards |
Oct 6, 2020
CourMed, Kanarys, ShearShare, and Zirtue are among the 76 nationwide recipients of the $5 million Google for Startups Black Founders Fund. Each startup will receive non-dilutive cash awards—meaning that the founders aren't giving up any company ownership in exchange for the funding.
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Alkami CEO Mike Hansen and Founder Stephen Bohanon [Photo: Michael Samples]
Alkami Technology Closes a $140M Funding Round After Hitting Major Growth Milestones
by Alex Edwards | 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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by Gloria Salinas, Managing Director, Economic Development, DRC |
Sep 16, 2020
“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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by Chantal Canales |
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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by Gloria Salinas, Managing Director, Economic Development, DRC |
Sep 10, 2020
“Our students don’t really want to enroll in college, they want to enroll in a job," Dr. Joe May of Dallas College said. Here are takeaways from a discussion on the college's restructure and its renovation plans spurred by a billion-dollar bond fund.
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