Mark Cuban

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Follow the Money: Medical Device Firm Orthofix Merges to Form Nearly $700M Revenue Business, Stealthy Men’s Health Startup Looks to Raise $2M, Dallas SPAC Targets $200M IPO, and More

by | Oct 17, 2022
In this week’s North Texas deal flow, you’ll also find news about Mavenir’s $155M raise, Pinnacle Realty Advisors raising $5M for ‘brokerage-as-a-service’ platform, Exela Technologies taking its European business unit public, American Airlines’ hydrogen fuel distribution investment, and more.
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Mark Cuban-Backed Opioid Recovery Startup Sonara Health Raises $3M for Medication Monitoring Platform
by | Oct 5, 2022
Founded in 2020, Dallas-based Sonara Health has a big mission: "We want to end the opioid epidemic and save lives." To help tackle it, Sonara secured a patent last month for a take-home methadone monitoring system. With the new funding and earlier support from backers including Mark Cuban, the startup has raised $5M to date. "In a world where we send billionaires to space in reusable rockets, I thought we ought to be able to create a solution that helps patients with opioid use disorder to get their daily medication in a way that does not disrupt their daily lives," said CEO Michael Giles, M.D.
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Follow the Money: Book.io Aims to Put E-Books on the Blockchain with New Funding, Tech Startup Kalpa Aims to Raise $1M, and More
by | Sep 30, 2022
In this week’s North Texas deal flow, you’ll also find news about crowdfunding platform Harvest Return landing $2.5M; Supply’s acquisition by Foundry Brands; Moss Adams acquiring local CPA firm Kurtz & Company P.C.; Tri Global Energy being acquired for $270M by Canada's Enbridge; and more.
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Follow the Money: Cerebro Sports Lands Mark Cuban Backing, Ryan Snags Tax Products from Thomson Reuters, and More
by | Sep 19, 2022
In this week’s North Texas deal flow, you’ll also find news about Pathway Healthcare’s Texas expansion via Innovation360 acquisition; NEW A.G.E Inc’s $2.5M deal with Healing the Earth; donor software firm NPact's acquisition of products from Blackbaud; and Irving-based Commercial Metal Company’s acquisition of Advanced Steel Recovery among other deals.
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From TikTok Recommendations to New Trends, The Mark Cuban Foundation Aims to Teach Students About AI

by | Jun 16, 2022
The charitable foundation of Dallas Mavericks owner and serial entrepreneur Mark Cuban—is teaming up with local tech firms to launch its free AI Bootcamps for high school students across North Texas and beyond.

“These young leaders can now participate in the conversation around how AI should be developed and used,” Cuban has said. “We’re giving them a seat at the table.”  

Applications are now open.
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Follow the Money: Backflip Lands $35M Funding Package, TPG’s Impact Arm Is Raising New Fund, Mark Cuban Makes Two Investments, and More
by | May 6, 2022
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.
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Building on a ‘Crypto Mining Gold Rush’: Dallas’ Blockmetrix Raises $43M Series B
by | Mar 8, 2022
With $50 million in total funding since launching just last year, Blockmetrix plans to purchase more than 5,000 bitcoin mining rigs, adding to more than 1,000 it currently operates—mostly in Oklahoma.

But the startup aims to go beyond mining bitcoin to research and develop crypto revenue sources, loan bitcoin, set up a cryptocurrency exchange, and more.
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North Texas Video Game Developer Worldspark Studios Lands $3M for Metaverse Platform
by | Feb 28, 2022
The blockchain gaming studio's first title is Edenbrawl, a tech fantasy-style online multiplayer battle game. Within the game, players will be able to purchase and trade NFTs tied to things like character skins and weapons skins.
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Follow the Money: PawTree Reports $3M Raise, Fort Worth SPAC’s IPO Pulls in $230M, Cuban Invests in Supply Chain Startup, and More

by | Feb 9, 2022
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.
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Backed by Big-Name Athletes, PlayersTV Lands ‘Seven-Figure’ Deal to Fuel Expansion
by | Feb 2, 2022
PlayersTV, the TV streaming division of Dallas-based sports media and entertainment firm Players Media Group, landed the investment from ReachTV, which has been distributing it since 2020. Now its presence on ReachTV's network could put PlayersTV on 2,500+ airport screens and in 1 million hotel rooms.
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Mark Cuban Cost Plus Drug Co. Tops Out Its Deep Ellum Facility
by | Feb 2, 2022
The $11 million, 22,000-square-foot facility is expected to produce low-cost generic versions of traditionally overpriced drugs—and aims to be a designated site for producing drugs which other companies see as unprofitable to make. Two weeks ago, the MCCPDC launched its online pharmacy, offering 100+ generic drugs at manufacturer cost plus a flat 15% margin and a $3 pharmacist fee.
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Mark Cuban Cost Plus Drug Company Dallas Deep Ellum
Mark Cuban Launches His Online Cost-Plus Pharmacy, Takes on Big Pharma with Low-Cost Generics
by | Jan 19, 2022
The Mark Cuban Cost Plus Drug Company aims to "disrupt and disable big pharma" by offering more than 100 generic drugs "at striking savings" direct to consumers on a cash-pay basis. As a pharmaceutical wholesaler, MCCPDC says it can "bypass middlemen and outrageous markups" by simply charging a flat 15% margin and pharmacist fee. With an $11M plant going up now in Deep Ellum, Cuban clearly means business.
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Capital Factory’s Texas Startups Roadshow Goes Virtual for Global Entrepreneurship Week

by | Nov 4, 2020
The Texas Startups Roadshow will take local entrepreneurs and out-of-state investors on a virtual ride that spotlights the startup community in Dallas, Houston, Austin, and San Antonio. Anchoring the Dallas leg of the trip on Nov. 19 is UT Dallas’ Big Idea Competition and a keynote from Mark Cuban.
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Zielke winner of Tech Titans' 5G Grand Challenge Virtual Teacher artificial intelligence
Tech Titans’ 5G Challenge Winner: ‘We See a Future Society of Synthetic and Real Humans Working Together’
by | Oct 14, 2020
UT Dallas' Marjorie Zielke, winner of the 5G award, says her AI/VR platform could "eventually create stand-alone, life-like holograms of virtual teachers." Judge Mark Cuban commented on the tech's potential to provide access to virtual teachers for students attending disadvantaged schools.
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Dallas Mavericks Fight White Privilege, Racial Stereotypes With ‘Courageous Conversations’
by | Jun 10, 2020
The Mavs organization held a community conversation at the American Airlines Center to discuss the current social environment. Plus, check out 80+ scenes from 'Courageous Conversations' in our photo gallery.
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Cuban-omics: Mark Cuban Roughs Out Plan for Restarting a COVID-Battered Economy
by | May 20, 2020
In a wide-ranging interview, the Dallas billionaire also talks about when the Mavs will again be playing in arenas and whether he will pitch his hat into the ring for the presidential race.
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