Texas Medical Center (TMC) has increased the size of the TMC Venture Fund to USD50 million dollars, doubling down on its vision to foster and invest in life science entrepreneurship.
The USD50 million investment, combined with the recent launch of the TMC3 campus – the world’s largest life science campus – further solidifies Houston as a critical hub for healthcare and life science ventures.
The TMC Venture Fund launched in 2017 as a USD25 million initiative to fill a much-needed gap in the Houston venture capital ecosystem. Since its inception, TMC Venture Fund has partnered with 16 startups, with a focus on digital health and medical device companies.