Archive for October, 2020

Fort Worth based CoreCare raises $3 million for managing billing and payments from public health benefit providers

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CoreCare, a provider of revenue management services for healthcare companies dealing with public health benefit providers, has raised $3 million in a seed financing round. The company, which uses machine learning, automates large swaths of billing and revenue cycle management …

Adaptive3D Closes on a Series B Investment to Scale Up On Materials for 21st Century Manufacturing

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Dallas-based Adaptive3D, which calls itself the premium supplier of Additive Manufacturing polymer resin, has secured a round of undisclosed Series B financing. The funding was led by the Arkema Group, a France-based producer of specialty chemicals, and had support from …

Fort Worth Convenience Store Operator Yesway Raises $235M For an Extensive ‘Raze and Rebuild’

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Fort Worth-headquartered Yesway, a fast-growing convenience store operator, announced today that it has closed on an additional $235 million in equity funding. Yesway is new to North Texas, having just announced in August 2020 that it was closing its Des …

Caris Life Sciences Raises $310M to Continue Rapidly Growing in the Precision Medicine Market

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Irving-headquartered biotech innovator Caris Life Sciences has raised $310 million in growth capital to continue growing its precision medicine, which aims to reinvent cancer care. This is the first significant external equity investment Caris has received, according to Vice Chairman …

Dallas Fintech Gig Wage Raises $7.5M Series A Led by its New Infrastructure Bank Partner Green Dot

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Gig Wage, the Dallas-based pioneer in simplifying payroll for the gig economy, has raised a $7.5 million Series A round to boost its seamless, reliable banking platform. The funding was led by Green Dot, a financial technology and bank holding …

Callaway to buy rest of Topgolf

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Golf club maker Callaway Golf Co said on Tuesday it would buy the rest of Topgolf Entertainment Group, giving the U.S. driving-range operator an equity value of about $2 billion. Shares of Callaway, which has been an investor in Topgolf …

Frisco-Based TUBBR Raises Angel Funding to Support the Launch of its Beta

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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 …

Healthcare Company MediBookr Closes Bridge Round, Raises Total Funding to $3.3M

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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.
dallasinnovates.com/healthcare-company-medibookr-closes-bridge-round-raises-total-funding-to-3-3m/

Linear Labs Raises $6M to Further Develop Its Smart Motor Manufacturing Capabilities and Employee Base

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Fort Worth-headquartered smart electric motor company Linear Labs is expanding its manufacturing capabilities and employee base through a new $6 million round of funding. The additional capital follows the official start of a public/private partnership between and the city of …

Google for Startups Awards $300K to Four Dallas-Area Black Founders

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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 …