Archive for May, 2021

Accelerate Real Asset Management Launches Renewable Energy Infrastructure Venture With $500M in Capital

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Plano-based Accelerate Real Asset Management, a growth-oriented real asset platform, sees a significant renewable transformation happening in the U.S. economy. That’s why the team plans to capture attractive, risk-adjusted returns in an emerging asset class of sustainable infrastructure royalties.
dallasinnovates.com/accelerate-real-asset-management-launches-renewable-energy-infrastructure-venture-with-500m-in-capital/

Dottid Raises $4.5M in New Round of Funding To Expand Its PropTech Offerings

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Dallas proptech startup Dottid, which offers a software-as-a-service technology platform for the commercial real estate industry, has raised more than $4.5 million in a newly closed round of capital funding. The investment was led internally, with key contributions from Matthew …

Dallas Startup Rhithm Raises $4M for Emoji-Based Student Wellness Platform

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Student suicides. Childhood hunger. Kids with hidden challenges who fall through the cracks. Schools have struggled with these issues for years. Then COVID added remote learning and social isolation, creating a national crisis. It would be facile to say “there’s …

UTD 3D Printing Spinoff Acquired by Desktop Metal

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Adaptive3D Technologies, a leading provider of elastomeric solutions for additive manufacturing. It’s been acquired by Boston-based Desktop Metal Inc. and will become its subsidiary in a deal announced today. Adaptive3D creates tough, flexible plastics and rubber-like materials one layer at …

Local logistics startup Selery lands $2M financing deal led by Dallas firm

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A North Texas company is getting more financial backing as it helps businesses bolster their e-commerce efforts. Selery, a Carrollton firm that provides services and technology, has landed a deal for $2 million, according to Jason Taylor, CEO of the …

Irving’s AgileThought to Go Public Following Deal With Mexico-Based SPAC

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AgileThought, an Irving-based provider of digital transformation and consulting services, is set to go public via a merger with blank check company LIV Capital Acquisition Corp. The definitive business combination agreement states that the combined company will operate as AgileThought, …

Local Auto Fintech 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 …

Dallas-Based Startup Raises Millions for the Tech Platform It Calls a ‘Carfax for Homes’

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Although ZYYAH was initially self-funded for its 2018 founding, just a few years later, it has accomplished another successful round of multi-million dollar funding, per a statement. The Dallas-based startup’s platform is currently in its limited beta release, but is …

Irving’s Caris Life Sciences Raises $830M to Grow Its Precision Medicine Platform for Cancer Care

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Caris Life Sciences, an Irving-headquartered biotech innovator in the precision medicine market, has raised $830 million in growth equity—one of the largest capital raises in precision medicine yet. The financing gives Caris a post-money valuation of $7.83 billion. It also …

Capital7 Invests in Leading Biotech Firm Allied BioScience to Support Growth, Company’s Portfolio Expansion

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Allied BioScience, maker of revolutionary residual antiviral surface coating SurfaceWise2(tm) , announced today that Midwestern private equity firm Capital7, LLC has made an early stage investment in its Series C Preferred Stock. “After substantial due diligence, the Capital7 team decided