Acquiring Company
Texas Ventures Acquisition III
Acquired Company
PlusAI
Madhya Pradesh
Santa ClaraArtificial IntelligenceSoftwareDescription
Texas Ventures Acquisition III Corp. is set to complete its merger with PlusAI by the end of the year, valuing PlusAI at $800 million. This merger comes after PlusAI's previous merger attempt with Churchill Capital Corp IX was terminated. The combined entity will operate under the PlusAI brand and list on Nasdaq, expanding its investor reach.
Fundz sees it the moment Texas Ventures Acquisition III makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired PlusAI?
PlusAI was acquired by Texas Ventures Acquisition III, based in Madhya Pradesh. The deal was reported on October 1, 2026. Texas Ventures Acquisition III Corp. is a special purpose acquisition company (SPAC) aiming to merge with promising firms. The company is focused on identifying and acquiring businesses in high-growth sectors. Texas Ventures Acquisition III is publicly traded (TVA) and operates in Artificial Intelligence.
When did Texas Ventures Acquisition III acquire PlusAI?
Texas Ventures Acquisition III's acquisition of PlusAI was reported on October 1, 2026. Texas Ventures Acquisition III Corp. is set to complete its merger with PlusAI by the end of the year, valuing PlusAI at $800 million. This merger comes after PlusAI's previous merger attempt with Churchill Capital Corp IX was terminated. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PlusAI do?
PlusAI is an artificial intelligence company pioneering AI-based virtual driver software for factory-built autonomous trucks. The company is recognized for its innovative approach to transforming logistics through its SuperDrive™ technology. It is privately held, operating in Software, and is based in Santa Clara.
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