The State of Texas' Emerging Technology Fund (TETF) is a $200 million initiative focused on empowering innovation in Texas. The fund primarily invests in early-stage technology companies, with investments ranging from seed to Series B rounds. TETF aims to support emerging technologies and foster economic growth within the state.
Notable portfolio companies include Biometric Signature ID and Fe3 Medical. The fund was created by the Texas Legislature in 2005 at the Governor's request, demonstrating the state's commitment to technological advancement. TETF's investment strategy likely prioritizes companies with high growth potential that can contribute to Texas' economic development and technological leadership.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies2
Current Portfolio Count1
Top Investment Stages
Seed1 (50.0%)
Series B1 (50.0%)
Stage Mix
Seed 50%Series B 50%
Concentration shown as share of disclosed investments by stage.