Archive for July, 2020

Plano-Based Purpose Tea Among Stacy’s Rise Project $10,000 Grant Winners

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Purpose Tea is a mission-driven company specializing in purple tea “rich in health benefits,” including lower caffeine levels, fat-burning properties, and high antioxidant levels, according to its website.
dallasinnovates.com/plano-based-purpose-tea-among-stacys-rise-project-10000-grant-winners/

Dallas based Nada announces a new seed round of up to $2MM from private and public investors on a SAFE note.

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The mission behind Dallas-based real estate startup Nada is as simple as it sounds: Sell your home online, pay nada. Nada was created to disrupt the residential real estate model. Not only is the platform easily accessible online, but homeowners …

Mountain (now River Health) Raises $1.5M in Seed Funding

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Mountain Health Technologies, a Dallas, Texas-based innovative healthcare company for young adults to receive healthcare, closed a $1.5m seed funding round. The round was led by Matchstick Ventures with participation from Northwestern Mutual Future Ventures, Techstars Ventures, Bread and Butter …

Siepe, a local startup assisting asset managers, raises $3.25M

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A local startup assisting the financial services industry has landed a new investment. Siepe, based in Dallas, has closed a Series A funding round of $3.25 million. The company attracted the investment from a group of high net-worth individuals, according …

Dallas’ Logistics Company Mercado Gets $2.5M Investment

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Mercado is continuing to progress toward its goal of transforming the global supply chain. The Dallas-based startup has closed on a $2.5 million funding round, which follows a $3.2 million seed round announced in November 2019. Mercado is behind an …

On The Road Garage Gets $3M Seed Funding From Perot Foundation

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Michelle Corson is a car buff with a mission to help working families build prosperity. Her latest endeavor, On the Road Garage, which has received $3 million in seed funding from The Perot Foundation, fires on all the cylinders. The …

Equalizer Games Secures $100K Funding From Prominent VC

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Dallas native Arlan Hamilton, who is well-known in the VC community for her investments in underrepresented entrepreneurs, has made a $100,000 investment in a rising local startup, The Equalizer Games LLC. The funding-made by Hamilton’s ArlanWasHere Investments-will go toward The …

Nanoscope Therapeutics Closes Series A

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Bedford-based Nanoscope Therapeutics was over-subscribed for its recent Series A funding round. The TechFW client also announced it was adding Dr. Alvaro Guillem, co-founder of ZS Pharma, as its Chairman of the Board. The undisclosed amount of Series A funding …

Jaylon Smith Invests $600K to Minority Entrepreneurs in Inaugural MEI Texas Showcase

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The Dallas Cowboys linebacker and his team at the Minority Entrepreneurship Institute hosted a “Shark Tank”-style pitch competition to help Texas-based minority entrepreneurs grow their businesses.
dallasinnovates.com/jaylon-smith-invests-600k-to-minority-entrepreneurs-in-inaugural-mei-texas-showcase/