Archive for November, 2021

Dallas-Based Corganics Receives Series A Funding to Accelerate Delivery of Clinical Cannabinoid Products to Healthcare Providers

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The CBD market is booming, with products bringing in around $5 billion in the U.S. last year. But according to Chad Collins, the retail market is littered with issues in quality, manufacturing, and transparency. That’s why he focuses on the

Solutions by Text has received $35 million in growth financing

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Dallas-based Solutions by Text has received $35 million in growth financing-its first institutional investment-led by Edison Partners. SBT assists financial firms with texting services for marketing efforts.
www.bizjournals.com/dallas/news/2021/11/30/solutions-by-text-ceo-investment.html

MD Farma Closes Series A Funding and Changes Name to Corganics as the Company Expands Clinical Cannabinoid (CBD) Product Lines Sold Only in Healthcare Facilities

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MD Farma, healthcare professionals’ most trusted and recommended clinical cannabinoid (CBD) company, announced today a Series A investment from Altacrest Capital. The funding will support MD Farma’s expansion of its clinical product portfolio, only available through healthcare professionals, and the

Dallas Based Applied Blockchain Continues With Crypto Mining IPO Trend

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Applied Blockchain (OTCPK:APLD) has filed to raise $75 million in an IPO of its common stock, according to an S-1 registration statement. The firm provides co-hosted mining services for a variety of cryptocurrency mining companies. APLD is still at a

Clubspeed Acquires Vantora to Extend Leadership into Axe-Throwing and Paintball Markets

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Today, leading venue management software provider Clubspeed announced the acquisition of Vantora, a fast-growing online booking and waiver management software vendor. Clubspeed will acquire Vantora for an undisclosed sum in an effort to expand its market leadership and product portfolio.

Dallas-Based Creator Economy Pioneer LTK Raises $300M from SoftBank

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LTK pioneered the creator economy when it was founded in 2011, launching a new category that monetized Instagram and allowed lifestyle creators to become entrepreneurs. Now the Dallas-based company has new funding to back its status as an industry titan:

UT Southwestern’s Harold C. Simmons Comprehensive Cancer Center has been awarded CPRIT $5.5 million in grants

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UT Southwestern’s Harold C. Simmons Comprehensive Cancer Center has been awarded $5.5 million in grants from the Cancer Prevention and Research Institute of Texas (CPRIT). Kalil Abdullah, M.D. (above), assistant professor of neurological surgery, received $1.5 million for his work

Southlake’s AvodahMed Closes $7 Million Seed Round to Scale Digital Healthcare Platform with AI Capabilities

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AvodahMed, a transformative SaaS company powering human-centered integrated artificial intelligence (AI) capabilities, announced today closing $7 million in seed funding to advance AvodahMed’s digital healthcare platform. Launched by Avodah in 2020, AvodahMed connects medical providers and patients through bidirectional remote

Brazil’s Nubank acquires Plano’s Olivia, a financial assistant app

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Still preparing for its IPO, Nubank announced this Wednesday (17) the acquisition of artificial intelligence fintech Olivia. The startup develops an app that helps users to plan their expenses and save money. Created in 2016, in the United States, by

Women’s Sexual Health Startup Rosy Closes $2M Seed Round to Boost Its Evidence-Based Platform

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Rosy Wellness is taking a massive leap forward in advancing its mission to transform the sex lives of women across the country. The Dallas-based startup has closed a $2 million round of seed funding to further develop its flagship platform, …