TLDR:
- The Texas Medical Center’s Venture Fund supports health care startups in Houston
- The fund focuses on digital health and medical device companies, providing mentorship and resources to help startups grow
The Texas Medical Center (TMC) in Houston, known as the largest medical complex in the world, has launched the TMC Venture Fund to support health care startups. With a focus on digital health and medical device companies, the fund has partnered with 24 startups since its inception in 2017. What sets the TMC Venture Fund apart is that all profits made are reinvested into new startups, creating a sustainable cycle of support. Startups looking for initial investments can turn to TMC Venture Fund for the mentoring, service providers, and corporate partnerships needed to jumpstart their companies. The fund has already seen success with companies such as Medable, Motif Neurotech, and Koda Health, which aims to streamline advanced care planning. Looking ahead, TMC Venture Fund plans to expand its portfolio into therapeutics and brain health, with a focus on changing people’s lives through innovative health care solutions.