Investments
67Portfolio Exits
10Funds
2About Texas Emerging Technology Fund
The ETF, created by the Texas Legislature at the urging of Governor Rick Perry, aims to provide Texas with an advantage by expediting the development and commercialization of new technologies, and by recruiting the best research talent in the world. The Texas Emerging Technology Fund offers matching and commercialization funds coupled with additional federal and outside investments. The Texas Emerging Technology Fund (ETF) program works through partnerships between the state, institutions of higher education and private industry to focus greater attention on the research, development, and commercialization of emerging technology.
Texas Emerging Technology Fund Headquarter Location
Texas,
United States
Texas Emerging Technology Fund Investments
67 Investments
Texas Emerging Technology Fund has made 67 investments. Their latest investment was in Fe3 Medical as part of their Series B - II on August 8, 2016.
Texas Emerging Technology Fund Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/8/2016 | Series B - II | Fe3 Medical | $3.5M | No | 4 | |
1/22/2015 | Series A | Oncolix | $4.51M | Yes | 2 | |
10/6/2014 | Bridge | Savara | $10M | No | 4 | |
5/15/2014 | Grant | |||||
11/26/2013 | Unattributed VC |
Date | 8/8/2016 | 1/22/2015 | 10/6/2014 | 5/15/2014 | 11/26/2013 |
|---|---|---|---|---|---|
Round | Series B - II | Series A | Bridge | Grant | Unattributed VC |
Company | Fe3 Medical | Oncolix | Savara | ||
Amount | $3.5M | $4.51M | $10M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 4 | 2 | 4 |
Texas Emerging Technology Fund Portfolio Exits
10 Portfolio Exits
Texas Emerging Technology Fund has 10 portfolio exits. Their latest portfolio exit was Qcue on July 27, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
7/27/2021 | Acquired | 2 | |||
6/30/2021 | Reverse Merger | 4 | |||
7/25/2019 | IPO | Public | 7 | ||
Date | 7/27/2021 | 6/30/2021 | 7/25/2019 | ||
|---|---|---|---|---|---|
Exit | Acquired | Reverse Merger | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 2 | 4 | 7 |
Texas Emerging Technology Fund Fund History
2 Fund Histories
Texas Emerging Technology Fund has 2 funds, including Texas Emerging Technology Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
9/1/2007 | Texas Emerging Technology Fund II | Early-Stage Venture Capital | Closed | $75M | 1 |
9/1/2005 | Texas Emerging Technology Fund |
Closing Date | 9/1/2007 | 9/1/2005 |
|---|---|---|
Fund | Texas Emerging Technology Fund II | Texas Emerging Technology Fund |
Fund Type | Early-Stage Venture Capital | |
Status | Closed | |
Amount | $75M | |
Sources | 1 |
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