DFW refresh 11.8.21
Photo: HotelKey / Facebook

The DFW metro witnessed another busy week in tech. From new biotech tenants at Pegasus Park’s co-working lab to Jacobs’ new acquisition, read on for the latest news. This is the Built In DFW weekly refresh.

Jacobs will acquire BlackLynx. Dallas-based Jacobs, a tech and engineering company that provides services to multiple governmental agencies across the globe, plans to acquire Maryland-based cybersecurity startup BlackLynx for an undisclosed amount. Together, the two companies hope to provide tech and software solutions to support government services. Jacobs also recently announced it had secured engineering contracts with NASA. [Built In DFW]


“We are excited to launch operations in North Texas to support promising life science startups. The decision of these two fast-growing companies to place their bets on Dallas underlines the region’s attraction for qualified startup founders and their teams, and we look forward to supporting and helping them advance their science to benefit patients.” — Johannes Fruehauf, BioLabs CEO

BioLabs announced new tenants for Pegasus Park lab. ReCode Therapeutics, a well-founded biotech startup focused on developing medicine delivery methods, and Aakha Biologics, a research startup developing treatment for tumors, will be the first companies to share the state-of-the-art Biotech+ co-working laboratory and office. The 40,000-square-foot facility will open in mid to late December. BioLabs also hopes to launch an accelerator program at Biotech+ lab for international biotech startups. [Built In DFW]

HotelKey reached 2,500 managed hotels. The cloud-based hotel booking management platform announced that it had expanded its network of hotels to 2,500. The platform allows users to search, book and pay using HotelKeys software. The software also lets the hotels view reservation data and calculate pricing for suites. [PR Newswire]

These DFW startups raised the most money in 2021. While the number of unicorn startups in Dallas is limited, many startups have raised significant amounts of funding in 2021. This includes Finland- and Plano-based M-Files, Envy Gaming and Caris Life Sciences, to name a few. Caris Life Sciences is DFW’s only tech company to reach a $1 million valuation this year. [Built In DFW]

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