Koch Industries

acquired

Follow the Money: Medical Device Firm Orthofix Merges to Form Nearly $700M Revenue Business, Stealthy Men’s Health Startup Looks to Raise $2M, Dallas SPAC Targets $200M IPO, and More

by | Oct 17, 2022
In this week’s North Texas deal flow, you’ll also find news about Mavenir’s $155M raise, Pinnacle Realty Advisors raising $5M for ‘brokerage-as-a-service’ platform, Exela Technologies taking its European business unit public, American Airlines’ hydrogen fuel distribution investment, and more.
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Richardson’s Mavenir Raises $155M in Open Radio Access Network Push
by | Oct 7, 2022
“We will continue to lead the 5G transformation by investing in disruptive products to accelerate innovation in mobile networks," says Pardeep Kohli, Mavenir president and CEO. Mavenir is looking to hit $1 billion in revenue by 2023, according to reports.
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Self-Driving Truck Startup Gatik Will Deliver Goods Autonomously to 34 DFW Sam’s Clubs
by | Jun 7, 2022
Until now, most autonomous delivery pilots have involved 18-wheelers driving on highways between cities. Gatik's new commercial partnership with Georgia-Pacific and KBX involves smaller loads: It's "the first time that Class 6 autonomous box trucks have been deployed" to disrupt the Class 8 semi-truck short-haul network, the startup said.
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Mavenir Gets a $500M Investment From Koch Strategic Platforms
The investment arm of Koch Industries has made a minority equity investment in Richardson-based Mavenir, a provider of end-to-end, cloud-native software that meets the demand for 5G digital transformation. From here, Mavenir wants to revolutionize industries such as energy, industrial automation, and healthcare.
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