Texas Ventures Acquisition III Corp is a blank check company organized as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Trading its units on the Nasdaq under the ticker TVACU, the company does not operate any active business aside from identifying and completing a strategic acquisition.
The company’s acquisition strategy is focused on businesses in the technology-enabled industrial space, including digital infrastructure, industrial automation and energy transition sectors. By targeting companies with established operating records and robust growth prospects, Texas Ventures Acquisition III aims to leverage its capital and management expertise to support long-term value creation.
Formed in 2021, Texas Ventures Acquisition III is sponsored by Texas Ventures Investment Company, the team behind two prior special purpose acquisition vehicles. Headquartered in Dallas, Texas, the sponsor group brings experience in investment banking, operational leadership and strategic transactions, with a track record of partnering with middle-market businesses in North America.
The company is led by a management team composed of industry veterans with backgrounds in energy, technology and finance. While its primary focus is on U.S.-based targets, Texas Ventures Acquisition III retains flexibility to pursue opportunities in select international markets that align with its acquisition criteria and growth objectives.
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