What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money. Sign up for our e-newsletter, and share your deal news here.
A local investor has helped mint a new tech unicorn.
Frisco-based private equity firm Blue Star Innovation Partners, which is backed by Dallas Cowboys owner Jerry Jones, joined Greater Sum Ventures and HarbourVest Partners in a $245 million funding round for Florida-based payments platform Stax—giving the company a valuation of just over $1 billion.
The investment is also noteworthy in that it makes CEO Suneera Madhani (above, with her brother and co-founder, Stax President Sal Suneera)…