Archive for October, 2021

Mark Cuban-backed Otto raises $4.5M to turn car equity into credit

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Otto, a fintech startup which aims to allow people to tap into their vehicle’s equity for access to credit, has raised $4.5 million in a seed round of funding. The Dallas-based company is building a mobile platform that will essentially

Southlake’s Solo Brands Files for IPO Following Three Acquisitions

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Solo Brands, a Southlake-based maker of fire pits, camping stoves, and other outdoor lifestyle products, has filed for an initial public offering. According to the company’s SEC filing, it stated a listing size of $100 million, though that’s most likely …

Events Planning Startup Fêtefully Receives $1.3M Seed Round

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Dallas-based events planning startup Fêtefully has received $1.3 million in a seed round led by L.A. VC firm Slauson & Co, with participation by Florida-based Gurtin Ventures. Fêtefully’s Founder and CEO GiGi McDowell told NTX Inno she plans to launch …

Cypress Growth Capital Makes the First Investment Out of Its New Fund in Dallas’ Vision2 Systems

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Dallas’ Cypress Growth Capital, a royalty-based growth capital investor focused on software and technology-enabled service companies, has made the first investment out of its newest $50 million fund in a local company. Cypress announced an investment of $2.8 million in …

Plano-based crypto mining and data center infrastructure company TMGcore reported raising $20 million

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Plano-based crypto mining and data center infrastructure company TMGcore reported raising $20 million in debt funding and convertible promissory notes from five investors, per an SEC filing. According to Tech Crunch, the company already has around $70 million in funding,