Acquiring Company
Texas Ventures Acquisition III
Acquired Company
PlusAI
Madhya Pradesh
Santa ClaraArtificial IntelligenceSoftwareDescription
PlusAI and Texas Ventures Acquisition III Corp. have agreed to merge operations and become a publicly traded company. The move is expected to provide PlusAI with $300 million in capital to support the launch of autonomous trucks by 2027. Both companies believe this merger will help PlusAI capitalize on growing freight demand and advance its technology for commercial deployment.
Don't miss Texas Ventures Acquisition III's next move
Get an email the moment Texas Ventures Acquisition III makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired PlusAI?
PlusAI was acquired by Texas Ventures Acquisition III, based in Madhya Pradesh. The deal was reported on September 8, 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 privately held and operates in Artificial Intelligence.
When did Texas Ventures Acquisition III acquire PlusAI?
Texas Ventures Acquisition III's acquisition of PlusAI was reported on September 8, 2026. PlusAI and Texas Ventures Acquisition III Corp. have agreed to merge operations and become a publicly traded company. The move is expected to provide PlusAI with $300 million in capital to support the launch of autonomous trucks by 2027. 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.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.