Dallas-based TXSE Group, parent of the Texas Stock Exchange, has completed its third funding round, bringing its total capital to $430 million, the most ever raised by a new exchange. Bloomberg reports the round raised $155 million. Existing owners accounted
Dallas-based MusiQ Bio, a UT Southwestern Medical Center spinoff, has received a $2.59 million grant from the Cancer Prevention and Research Institute of Texas (CPRIT). The funding will let the startup and UT Southwestern’s Lux Lab advance its MUSIC platform
Dallas-based Island has raised a $400 million Series F led by Evolution Equity Partners, bringing its valuation to $6.4 billion, more than double its 2024 level. Existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners, J.P. Morgan Growth
Dallas-based AI Hospitality Group has launched with $7.5 million in seed funding led by Rackhouse Venture Capital, with participation from Sierra Ventures, Dynamo Ventures, and angel investors from the hospitality industry. Rackhouse founder Kevin Novak has joined as a board
Dallas-based General Datatech (GDT) has signed a definitive agreement to be acquired by London Stock Exchange-listed Softcat plc at an enterprise value of about $1.05 billion (£785 million). The seller is H.I.G. Capital, which invested in GDT in 2021. Softcat
Frisco-based Mazama Energy has raised $135 million in an oversubscribed Series B round co-led by Centaurus Capital and Doerr Capital. ConocoPhillips and Shell Ventures joined the round, existing investors Khosla Ventures and Gates Frontier returned, and SiteGround Capital, H. Barton
Southern Methodist University has received a $19.3 million award from the U.S. Department of Energy, the largest individual funding commitment in the university’s history. The award, from the DOE’s Mine of the Future program, backs a $25 million project led
Dallas-based StrikeReady, a Composite AI platform for security operations, has received an investment from Wa’ed Ventures, the $500 million venture capital arm wholly owned by Aramco. Terms were not disclosed, but the new round brings StrikeReady’s total funding raised to
Dallas-based Perry Weather has closed a $110 million Series C led by Boston-based Silversmith Capital Partners, with participation from Minneapolis-based Arthur Ventures, which led the company’s $6.25 million Series A and $15 million Series B. The round brings Perry Weather’s
Dallas-based enterprise data pipeline startup DataBahn closed a $40 million Series B led by New York-based Insight Partners, with participation from existing investors Forgepoint Capital, GTM Capital, and S3 Ventures. The round brings total funding to $59 million and comes
