Texas Weekly Deal Highlights
May 31, 2026
Austin leads a quieter week for deals. Today we’ve got AI, more AI, cookies (the kind you eat), and antibody therapeutics.
Meanwhile, up in Dallas, the Texas Stock Exchange is preparing to open later this year. The exchange has now signed a lease for space at the Bank of America Tower at Parkside. The plan is to include a placing stock ticker at the base of the building. And instead of ringing a bell, TXSE hopes to shoot off a cannon.
More recently, this week S&P Dow Jones Indices announced a shift in methodology that will allow for TXSE-listed securities to be included in its own indices. “Y’all Street” is almost here.
Now on to the deals.
Austin
CasaPerks, a provider of AI-powered resident rewards and workplace recognition platforms, raised $15.80M in a Seed led by Longevity Equity. $17.10M raised to date.
Tern, a developer of AI-powered satellite-free vehicle positioning and navigation technology, raised $11.74M in a Seed led by Shadow Capital with participation from The Veteran Fund, BVVC, Scout Ventures. $11.85M raised to date.
Fields Good, a maker of functional ready-to-eat cookies formulated for focus, sleep, and protein intake, raised $1.80M in a Pre-Seed led by Female Founders Fund. $1.80M raised to date.
Greater Texas Market
Kayak Therapeutics (Houston), a developer of antibody therapeutics targeting cancer and immune-related diseases, raised $11.94M in a deal from undisclosed investors. $18.57M raised to date.
See you next week! —Mason & Joel
This edition was supported by Bradford Martin.
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