Archive for April, 2021

Dallas Fintech Zirtue Receives Investment From Northwestern Mutual, Bringing Its Total Seed Funding to $4M

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Zirtue, a Dallas-based fintech startup behind the first and only relationship-based lending app, has received an undisclosed investment from Northwestern Mutual Future Ventures, the corporate venture capital fund of industry titan Northwestern Mutual. The funding is an addition to Zirtue’s …

Medchart Raises $17M in Seed and Series A Funding to Hire Talent, Expand Product Innovation

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North Texas-based Medchart has raised $17 million in Seed and Series A funding to help businesses get better access to patient-authorized health information. The investment was led by Crosslink Capital and Golden Ventures, with additional participation from Vast Ventures, Union …

EPA awards Fort Worth company $100,000 to remove oil and grease waste from sewer systems

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The U.S. Environmental Protection Agency (EPA) recently announced an award of $100,000 to FHNC Ltd. Company in Fort Worth, Texas, to develop and commercialize an innovative technology that protects the environment and brings growth to the economy. The company plans …

Mavenir Gets a $500M Investment From Koch Strategic Platforms

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Richardson-based Mavenir, a provider of cloud-native network software for the wireless industry, has signed an agreement with Koch Strategic Platforms, a subsidiary of Koch Investments Group, to receive a $500 million minority equity investment. With the deal, affiliates of Siris …

Dallas-Based Hair and Beauty Company You Go Natural Raises $2 Million in Seed Funding Round

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You Go Natural (YGN), a Dallas-based hair and beauty company, announced it has closed a $2 million seed funding round led by Brand Foundry Venture Partners with other notable participants including Capital Factory, Willow Growth Partners, and Lightspeed Venture Partners. …

Spectral MD, based in Dallas, received approval for $20.6 million for a clinical study

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Dallas-based Spectral MD, which uses data and AI to advance wound care, has gotten approval of $20.6 million for a clinical study under a contract with the Biomedical Advanced Research and Development Authority, DBJ reports. The contract follows $27 million …

Dallas-based Applied Blockchain has launched into the Ethereum and Altcoin mining business with a new strategic partnership and an oversubscribed $16.5 million private equity investment.

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Dallas-based Applied Blockchain has launched into the Ethereum and Altcoin mining business with a new strategic partnership and an oversubscribed $16.5 million private equity investment. The partnership with blockchain companies SparkPool and General Mining Research (GMR) will allow the new …

Grapevine based Car Capital Launches Operations With $8.8M Series A

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Grapevine-based Car Capital, a technology-based company that enables dealers to make auto loan decisions, has closed on an $8.8 million Series A funding round led by FM Capital. With the investment, Car Capital plans to expand operations, grow its network …

Plano-Based Alkami Plans IPO Launch at $2B Valuation

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Alkami Technology, a Plano-headquartered provider of cloud-based digital banking solutions for banks and credit unions, today announced the plans for its initial public offering. In a filing with the U.S. Securities and Exchange Commission, Alkami set its expected initial public …

NoiseAware Raises $8M Series A to Grow its Rental Property Protection Footprint

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Dallas-based NoiseAware, a provider of smart noise monitoring solutions, has raised an $8 million Series A funding round to accelerate its product innovation and market expansion. The financing was led by S3 Ventures, a VC firm focused on Texas, and …