Lightspeed Venture Partners

Follow the Money: P10 Acquires California Investment Firm, SmartMoving Lands $41.5M, and More

by | Aug 29, 2022
In this week’s North Texas deal flow, you’ll also find news about Biotech Renibus Therapeutics raising $8.48M to fight cardio-renal disease; Deposits raising $5M for its plug-and-play financial services platform; Lion Real Estate Group targeting multifamily properties in the Sun Belt with a $200M fund, and more.
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Deposits, a Dallas Startup, Raises $5M for Its Plug-and-Play Financial Services Platform
by | Aug 24, 2022
Founded in 2019, Deposits offers a platform with plug-and-play banking features that enables smaller community banks, credit unions, and other financial brands to reach and serve more people—including the underbanked. The goal is to empower smaller financial organizations that have lacked the budgets or capabilities to deliver high-tech digital tools. "Our platform opens the door for who can get in the game, so now all you need is a will and there's a way," co-founder and CEO Joseph Akintolayo told Dallas Innovates.
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Follow the Money: Fort Worth Biotech Raises $16M, VC Firm Raises $25M for Debut Fund, S2 Capital Surpasses Blackstone as Region’s Most Active Multifamily Investor, and More
by | Jul 15, 2022
Plus, Dallas real estate startup Nada raises $5.7M, Arlington's Wonder Works Studios raises $5.53M, Exela Technologies in talks to sell off $200M-revenue business unit, PE firm Crossplane Capital closes $325M second fund, and more North Texas deals.
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New Age Capital Raises $25M for Debut Fund to Invest in ‘Historically Underfunded Founders’
by | Jul 14, 2022
Co-founded by Dallasite LaDante McMillon and Brooklyn-based Ivan Alo, New Age Capital has raised $25 million for its debut fund. Formed in 2016, New Age focuses on seed-stage rounds for startups with Black and Hispanic founders.

Looking ahead, New Age wants to be the “go-to institutional VC firm” in their space.
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