It was a big week in DFW tech with millions in fresh funding, high-profile acquisitions and more. Keep up with the latest tech news by reading on. This is the Built In Dallas weekly refresh.
The Future 5 of DFW tech. Though they may not have the funding of other high-profile startups, these five DFW tech companies making up the inaugural cohort of Built In Dallas’ “Future 5” are doing exciting work: AerMist is beating the Texas heat with mobile integrated misting systems, Akina is connecting Black women and moms, KarbonPay is helping companies streamline their international payroll, Language Learning Market wants to help people learn new languages, and ShearShare is helping barbershops and salons find licensed workers. [Built In Dallas]
O9 Solutions secures $295M. Funding for the Dallas tech unicorn came in the form of equity investment from General Atlantic, BeyondNetZero, Generation Investment Management and KKR. The new capital will go toward the continued development of its Digital Brain platform and to increase demand for the product in new markets. The platform uses AI to predict global supply chain risks and helps companies plan shipping and distribution accordingly. [Built In Dallas]
WeWork acquires Common Desk. Common Desk, a Deep Ellum coworking startup founded by Nick Clark, was acquired by WeWork. Common Desk made a name for itself in the DFW by providing alternatives to cubicle workspaces and has grown to 23 locations in Texas and North Carolina. Several of the company’s locations are located in the DFW metro, including ones in Addison, Fort Worth, McKinney, Dallas and Oak Cliff, to name a few. [Built In Dallas]
Keepit opens U.S. HQ in Fort Worth. Keepit, a Denmark-based data and file security company that uses blockchain technology, announced that it would be opening its U.S. headquarters in Fort Worth. An official for the company told Built In that the company is looking to add between 20 to 25 new local hires to staff the new office. Keepit is already the second tech company to relocate to the DFW metro since the start of the year. [Built In Dallas]
Seed accelerator moves into Pegasus Park. Dallas-based healthtech accelerator Health Wildcatters, which has helped launch nearly 80 startups, is the latest company to announce a move to the Pegasus Park campus. The campus is slowly becoming a hub for biotech startups in the area. Back in November, Built In reported that ReCode Therapeutics and Aakha Biologics would be the first companies to move into shared laboratory space in the 18-story building. [Dallas Innovates]
No-code platform closes Series A round. Vajro, an Irving-based startup, announced that is secured $8.5 million in a Series A round led by Five Elms Capital and is planning to add new features to its no-code application platform. Through its platform, users can create mobile e-commerce apps and upload them to various app stores. The platform also features built-in integration with fintech ecosystems like Klarna. [Built In Dallas]