Major Austin funding round: Restore Hyper Wellness brings in $140 million
The deal is one of the largest funding round of 2021 for Central Texas companies.
Source: statesman.com
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New products decrease inspections, expand shipment tracking
PrePass bypass available on Omnitracs One platform. Fleets gain new options for tracking loads and shipment conditions. Read CCJ for the latest technology news.
Source: ccjdigital.com
Austin-based Virtuix has raised $19 million from 6,500 investors
Virtuix offers a specialized treadmill that allows players to walk, run and jump when playing VR games or engaging in other virtual reality experiences.
Source: statesman.com
Round Rock's Infinitum Electric raises $40 million to for growth
Round Rock-based Infinitum Electric has raised $40 million to scale its production of electric vehicle motors and add employees.
Source: statesman.com
Austin-based Workrise lands $300 million to expand its reach
Workrise, one of Austin's most heavily funded tech companies, has raised $300 million to accelerate its push beyond the oil and gas industry. Founded in 2014, Workrise was launched as an online platform that connects oil and gas companies and service companies. Clients use the platform for recruiting and onboarding employees, ongoing worker management, training invoicing and payments. Skilled laborers can use the platform to find work, while companies can use it to find trained workers. Over the past two years, Workrise has expanded its reach to include wind, solar, construction, and defense...
Source: statesman.com