Texas Ventures Acquisition III merger with Plus Automation valued at $800M
Texas Ventures Acquisition III signed merger-focused agreements with Plus Automation at an $800 million pre-money valuation. Deals include domestication to Delaware, renaming to PlusAI Holdings, and $63.9 million to support closing and post-merger liquidity.
Texas Ventures Acquisition III signed multiple material agreements centered on a merger with Plus Automation at an $800 million pre-money valuation, including domestication to Delaware and a new name, PlusAI Holdings.
To support closing and post-merger liquidity, the SPAC lined up $63.9 million pri…