Howdy folks,

Welcome to the 26th edition of the Dallas Venture Deals newsletter. The pace of activity in August shows why Dallas-Fort Worth is no longer an emerging ecosystem but a proven one. FieldPulse’s $50M Series C signals that founders can start here, scale here, and raise serious growth capital without leaving North Texas. Ospri’s $30M raise in infectious disease testing underscores that our region is attracting capital to companies solving real-world problems in healthcare. Highway’s strategic round shows that Dallas continues to punch above its weight in logistics and supply chain innovation.

At the same time, our investors are leaning into deals that matter nationally. Maverick Capital’s leadership in an $85M round for SiMa.ai places Dallas at the center of one of the most important conversations in technology right now, the rise of physical AI. AT&T Ventures’ role in a $100M round for Carbyne highlights the way local capital is backing solutions that improve public safety and emergency response around the globe.

This combination is powerful. Entrepreneurs are proving they can build category-defining companies here. Investors are proving that Dallas is willing to lead and not just follow. Together, they are pushing North Texas from a regional hub to a national model for how innovation and capital can work hand in hand.

Keep up the hustle… We’re just getting started 🚀🚀🤠

Venture Deals

DFW-Based Company Fundings

Arcade (Dallas, TX), the leading sales gamification platform for the frontline workforce, announced its strategic acquisition of Upduo (San Francisco, CA), a pioneer in AI-powered coaching for retail sales environments. The acquisition culminates in the launch of a new, fully integrated product: Arcade AI Sales Leader.
Batbox (Addison, TX), a developer of baseball-themed simulator entertainment venues, raised $3M in new funding from EMERGING.
FieldPulse (Dallas), a provider of field-service-management software, raised a $50M in a Series C led by Fulcrum Equity Partners with participation from Catalyst Investors.
Highway (Dallas, TX), a scaling logistics technology company tackling fraud and compliance in freight brokerage, raised a strategic growth round led by FTV Capital, with participation from Lead Edge Capital.
Humancore (Plano, TX), a multiplayer AI advisor platform for enterprise coaching and productivity, raised $4M in a pre-seed round led by Old Willow Partners and others.
One Stop Wellness (McKinney, TX), a health literacy platform using culturally intelligent, AI-powered tools to help individuals and employers reduce healthcare costs and improve health outcomes, raised a $1M funding roundwith participation from The North Texas Angel Network (NTAN) (Dallas, TX).
Ospri (McKinney, TX), a developer of PCR-based infectious disease testing solutions, raised $30M from Catalio Capital Management. The company was formed through the merger of Community Direct DX, Scienetix, and Advanta Genetics’ R&D division.
Polestar Analytics (Plano, TX), a provider of AI-driven analytics and planning, raised $12.5M in growth capitalfrom a consortium of U.S.-based family office and institutional investors
Sonara (Dallas, TX), a hybrid care platform provider that integrates in-person and virtual tools to improve access and adherence to methadone treatment, received strategic funding from Acumen America, Sorenson Impact Foundation, Oakwood Circle Ventures, and Boomerang Ventures, and First Trust Capital Partners.
UPTIQ (Dallas ,TX), an AI-enabled lending platform for the wealth management channel with an emphasis in Securities Based Lending, has entered into a strategic partnership with, and received a minority investment from Broadridge Financial Solutions (NYSE: BR).

DFW-Based Investor Transactions

Align Capital Partners’ (Dallas, TX) portfolio company Schneider Geospatial, acquired Full Circle Technologies (Boston, MA), a permitting & licensing software company that streamlines permitting for municipal departments.
AT&T Ventures (Dallas, TX) participated in the $100M funding round for Carbyne (New York, NY), the leading provider of cloud-native emergency communications and response solutions. Other participants include Axon Enterprise, Cox Enterprises, Global Medical Response, Hanaco Growth, Hercules Capital, RCM Private Markets Fund managed by Rokos Capital Management (US) LP, and Silicon Valley Bank (SVB).
AVAD Capital (Dallas, TX) led the Seed round for Adverank (Zionsville, IN), the AI-driven digital advertising platform, purpose-built for self storage and real estate portfolios.
Cowtown Angels (Fort Worth, TX) participated in a $1.7M funding round for Green Steel Environmental(Boulder, CO), a developer of safer, chemical-free solutions for wastewater and biogas treatment. The round was led by The Central Texas Angel Network (CTAN).
Cubit Capital (Dallas, TX) participated in the $20M Series A for Reframe Systems (Boston, MA), a start-up utilizing physical AI to tackle the housing crisis. The round was co-led by Eclipse and VoLo Earth Ventures with participation from MassMutual Catalyst Funds, Planetary Health at RA Capital Management, Saga Ventures, and Nor’easter Ventures.
The North Texas Angel Network (NTAN) (Dallas, TX) participated in the $1M funding round for One Stop Wellness (McKinney, TX), a health literacy platform using culturally intelligent, AI-powered tools to help individuals and employers reduce healthcare costs and improve health outcomes.
The North Texas Angel Network (NTAN) (Dallas, TX) participated in the $5.8M funding for PodUp (Rexburg, ID), a feature-rich podcasting platform. The round included participation from Harvard Business School Alumni Angels, and other angels.
Maverick Capital (Dallas, TX) led an $85M funding round for SiMa.ai (San Jose, CA), a pioneer in delivering purpose-built hardware and software solutions for Physical AI. The round had participation from existing investors and new investor StepStone Group.
Pharos Capital (Dallas, TX) participated in the $2.1M Seed round for Armatrix Automations (Mumbai, India), an Inspection and Maintenance Robotics Company. The round was led by pi Ventures with participation from Boost VC, Turbostart, gradCapital, among others.
Sentiero Ventures (Dallas, TX) invested in Science On Call (Chicago, IL), an AI‑driven, 24/7/365 smart support platform tailored for restaurants.
Varrock Ventures (Plano, TX) participated in the $10M Series A for Irys (London, UK), the world's first programmable datachain. The round was led by CoinFund, with participation from Hypersphere, Tykhe Ventures, Breed VC, Echo Group, Amber Group, and WAGMI Ventures.