Archive for March, 2021

Denton cargo bicycle company Bunch Bikes receives $100K investment

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After going on Shark Tank to pitch Bunch Bikes, founder Aaron Powell has garnered $100,000 in equity with an additional $150,000 as a loan from “Shark” Barbara Corcoran. As part of the deal Corcoran will have a 15 percent stake …

Dallas company, Instil Bio, could raise over $300M in initial public offering

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Instil Bio in Dallas has laid out a price range for its initial public offering – and it could mean hundreds of millions of dollars and a valuation of over $2 billion. The biopharmaceutical company anticipates the IPO price will …

Irving’s RumbleOn Reaches Agreement to Acquire, Merge With the Country’s Largest Powersports Retailer

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The deal, valued at $575.4 million, will combine RumbleOn, an ecommerce platform for new and pre-owned motorcycles, with powersports retail giant RideNow. What will result is a first-of-its-kind omnichannel platform for powersports—a more than $100 billion industry—in North America.
dallasinnovates.com/irvings-rumbleon-reaches-definitive-agreement-to-acquire-merge-with-the-countrys-largest-powersports-retailer/

Yum! Brands to Acquire Kvantum’s Leading Artificial Intelligence-Based Consumer Insights and Marketing Performance Analytics Business

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Yum! Brands, Inc.today announced that it has entered into a definitive agreement to acquire the leading artificial intelligence-based consumer insights and marketing performance analytics business of Kvantum, Inc. By acquiring the Kvantum business, Yum! and its KFC, Pizza Hut, Taco …

Capital One Ventures Invests $24M in Addison Cybersecurity Company Securonix Through Strategic Partnership

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Capital One Ventures has announced a $24 million investment in Securonix, Inc., a leader in the next-gen security information and event management (SIEM) industry. Along with the two companies’ strategic partnership, Jay Emmanuel, a Partner at Capital One Ventures, is …

Gray leading group of investors in $40 million round for Dallas-based Envy Gaming

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Gray Television, Inc. and Envy Gaming, an esports and entertainment company based in Dallas, jointly announced today that Gray is leading a $40 million investment round for the organization. As the lead investor in Envy’s Series C round, Gray will …

Astrapi Corporation awarded a United States Air Force (USAF) AFVentures Phase I contract

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Astrapi Corporation has been awarded its second Phase I SBIR contract from the United States Air Force. This is in addition to a USAF Agility Prime STTR Phase I also recently awarded to Astrapi. The new contract, awarded through AFVentures, …

Gozova, Fort Worth Moving-On-Demand App, Expands Aggressively After VC Deal

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It’s been almost a year since Gozova – an early-growth, on-demand Fort Worth company whose app pairs movers and crews to businesses and people who need items picked up and delivered or stored – secured $500,000 in seed capital from …

Dallas Medtech Phynd Acquired by Symplr

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Dallas-based medtech company Phynd Technologies was acquired by symplr, a leading global healthcare governance, risk management, and compliance software-as-a-service company. The acquisition was backed by Clearlake Capital Group and SkyKnight Capital, and the transaction cost was not disclosed. Phynd had …

Dallas Digital Real Estate Startup Nada Raises $1.07M on Republic—the Max Funding Amount

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Nada, a digital real estate startup that allows you to sell your home online and pay nada, has raised the maximum amount allowed by the SEC for its public equity offering on Republic, an investment platform that uses regulation crowdfunding.…