# The Texas Emerging Technology Fund: portfolio, investments and team

> The Texas Emerging Technology Fund is an investment firm. 24 investments on record, latest Jan 2013. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/the-texas-emerging-technology-fund (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# The Texas Emerging Technology Fund

Last cheque observed Jan 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Investment firm

Venture Series A Grant

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 24 on record

Since the last cheque **5029** days **00** hrs **00** min **00** sec

Median round **$2.0M** Rounds led **0 of 24** Sole investor **18 rounds** Exits **2 from the portfolio** Mostly in **United States, 100%**

Pitch The Texas Emerging Technology Fund

## The Texas Emerging Technology Fund highlights

- 01 24 rounds on record
- 02 Mostly Venture and Series A: 67% of its rounds
- 03 Sole investor in 18 rounds, median $1.8M
- 04 2 exits from the portfolio

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **24 appearances**

- **2013** 1 round
- **Jan** **[Admittance Technologies](https://millionrounds.com/company/admittance-technologies)** Venture · US · finsmes.com **$2.0M** With 1 other
- **2012** 3 rounds
- **Aug** **[Veros Systems](https://millionrounds.com/company/veros-systems)** Venture · US · in.finance.yahoo.com **$1.5M** Sole investor
- **Jun** **[Ensysce Biosciences](https://millionrounds.com/company/ensysce-biosciences)** Venture · US · ca.finance.yahoo.com **$1.0M** Sole investor
- **Mar** **[Bi02 Medical](https://millionrounds.com/company/bi02-medical)** Series B · US · finsmes.com **$14M** With 2 others
- **2011** 3 rounds
- **Nov** **[Leonardo Biosystems](https://millionrounds.com/company/leonardo-biosystems)** Venture · US · finsmes.com **$1.3M** Sole investor
- **Aug** **[KLD Energy Technologies](https://millionrounds.com/company/kld-energy-technologies)** Venture · US · sec.gov **$1.8M** Sole investor
- **Jun** **[SolarBridge Technologies](https://millionrounds.com/company/solarbridge-technologies)** Series C · US · finsmes.com **$19M** With 3 others
- **2010** 6 rounds
- **Oct** **[ViroXis](https://millionrounds.com/company/viroxis)** Series A · US · finsmes.com **$2.5M** Sole investor
- **Sept** **[Fe3 Medical](https://millionrounds.com/company/fe3-medical)** Venture · US · areadevelopment.com **$2.8M** Sole investor
- **Jul** **[Palmaz Scientific](https://millionrounds.com/company/palmaz-scientific)** Series A · US · onbiovc.com **$3.0M** Sole investor
- **Jun** **[Ensysce Biosciences](https://millionrounds.com/company/ensysce-biosciences)** Series A · US · freshnews.com **$1.5M** Sole investor
- **Jan** **[Ortho Kinematics](https://millionrounds.com/company/ortho-kinematics)** Series A · US · onbiovc.com **$2.0M** With 2 others
- **Jan** **[Salient Pharmaceuticals](https://millionrounds.com/company/salient-pharmaceuticals)** Venture · US · finsmes.com **$2.0M** Sole investor
- **2009** 7 rounds
- **Nov** **[Ortho Kinematics](https://millionrounds.com/company/ortho-kinematics)** Venture · US · businesswire.com **$3.5M** With 2 others
- **Nov** **[Actacell](https://millionrounds.com/company/actacell)** Seed · US · earth2tech.com **$1.0M** Sole investor
- **Oct** **[qcue](https://millionrounds.com/company/qcue)** Grant · US · austinstartup.com **$1.0M** Sole investor
- **Aug** **[Syndiant](https://millionrounds.com/company/syndiant)** Series B · US · venturebeat.com **$11M** Sole investor
- **Jul** **[Targazyme](https://millionrounds.com/company/targazyme)** Venture · US · americastemcell.com **$2.5M** Sole investor
- **Mar** **[Syndiant](https://millionrounds.com/company/syndiant)** Venture · US · finance.yahoo.com **$3.5M** Sole investor
- **Jan** **[Cormedics](https://millionrounds.com/company/cormedics)** Seed · US **$750K** Sole investor
- **2008** 1 round
- **Jun** **[Terapio](https://millionrounds.com/company/terapio)** Venture · US · austin.bizjournals.com **$1.7M** Sole investor
- **2007** 3 rounds
- **Oct** **[Bellicum Pharmaceuticals](https://millionrounds.com/company/bellicum-pharmaceuticals)** Grant · US · bellicum.com **$1.4M** Sole investor
- **Jan** **[Xtreme Power](https://millionrounds.com/company/xtreme-power)** Grant · US · austin.bizjournals.com **$2.0M** Sole investor
- **Jan** **[MyToons](https://millionrounds.com/company/mytoons)** Series A · US · paidcontent.org **Undisclosed** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[SolarBridge Technologies](https://millionrounds.com/company/solarbridge-technologies)** Bought by SunPower Corporation **Undisclosed** Nov 2014

**[Actacell](https://millionrounds.com/company/actacell)** Bought by Contour Energy Systems **Undisclosed** Sept 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Venture Series A Grant

Median round joined **$2.0M** the round, not its cheque Alone, median **$1.8M**

Led 0 of 24 rounds **0%**

- **Sole investor:** 18 rounds
- **Last cheque:** Jan 2013
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Venture *11*
- Series A *5*
- Grant *3*
- Seed *2*
- Series B *2*
- Series C *1*

Cheques by year Led Joined

2007 2013

Often in the room with

- [Gatebridge Investments](https://millionrounds.com/fund/gatebridge-investments) 2
- [PTV Sciences](https://millionrounds.com/fund/ptv-sciences) 2

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## Who they invest alongside

The investors most often in the same rounds as The Texas Emerging Technology Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Gatebridge Investments** VC firm **2** rounds together](https://millionrounds.com/fund/gatebridge-investments)[**PTV Sciences** VC firm **2** rounds together](https://millionrounds.com/fund/ptv-sciences)

## Quick answers about The Texas Emerging Technology Fund

### What does The Texas Emerging Technology Fund invest in?

The Texas Emerging Technology Fund invests most often at Venture and Series A (67% of the rounds on record).

### How active is The Texas Emerging Technology Fund?

24 investments on record, 0 of them in the last 12 months. The most recent was in Jan 2013.

### How big are The Texas Emerging Technology Fund's cheques?

The median round it joins is $2.0M.

### Does The Texas Emerging Technology Fund lead rounds?

Rarely, if at all: none of its 24 investments on record names it as the lead.

### Where does The Texas Emerging Technology Fund invest?

Most of the companies it backs are in the United States (100%).

### Is The Texas Emerging Technology Fund investing now?

No investments in the last 12 months; the latest was in Jan 2013.

### Who does The Texas Emerging Technology Fund invest alongside?

Most often Gatebridge Investments (2 rounds together) and PTV Sciences (2 rounds together).

### What kind of investor is The Texas Emerging Technology Fund?

The Texas Emerging Technology Fund is an investment firm.

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