Archive for April, 2019

Nonprofit EMPOWER Series Gets $60K Grant From Comerica

Posted by admin

The Comerica Charitable Foundation has given Dallas-based EMPOWER Series a $60,000 grant. EMPOWER Series, Inc. is a 501(c)3 nonprofit organization that said it envisions a world in which everyone is thriving. EMPOWER’s s mission is to positively impact the world …

FieldPulse Raises $2.2M In Funding

Posted by admin

Dallas-based tech firm FieldPulse has raised $2.2 million that will help the company build on its growth and continue driving disruption as legacy contractors go to digital platforms, Pulse 2.0 reported. With FieldPulse’s cloud-based digital hub, contractors can manage their …

Computing Company Nimbix Gets $4M

Posted by admin

Nimbix Inc., the Richardson-based high-performance computing and super-computing platform, raised $4 million in debt financing, according to a report in Crunchbase. The funding brings Nimbix’s total to $19.5 million in five funding rounds since 2012, Crunchbase said.
dallasinnovates.com/follow-money-nimbix-gets-4m-energy-spectrum-raises-867m-sentrics-makes-acquisition/

Linear Labs Closes $4.5M Seed Round For Revolutionary Electric Motor

Posted by admin

Fort Worth-based Linear Labs has closed a $4.5 million seed round in support of its revolutionary next-gen electric motor created by father-and-son team Fred and Brad Hunstable. The funding will be used to market the motor called the Hunstable Electric …

Geoforce Gets $5M In Funding To Boost Product Delivery

Posted by admin

Geoforce, a Plano-based provider of field-asset tracking solutions, has received $5 million in working capital financing from Denver-based CIBC Innovaton Banking. According to PE Hub, Geoforce uses hardware and software solutions to aid companies in the transporation, energy, and services …

Rent My Wardrobe Closing $1M Seed Funding Round

Posted by admin

Dallas-based and female-founded mobile app maker Rent My Wardrobe told Dallas Innovates that is working to close on $1 million of a seed round with a $4 million cap from a network of angel investors and family offices.
dallasinnovates.com/follow-money-studio-movie-grill-reels-100m-rent-my-wardrobe-closing-1m-authentix-buys-uk-firm/

Studio Movie Grill Gets $100M Investment For Growth

Posted by admin

Studio Movie Grill, the Dallas-based movie theater-dining chain with 32 locations, said it has received a $100 million strategic from TowerBrook Capital Partners. The investment will help Studio Movie Grill accelerate its growth as it continues plans to open more …