Mercury

Mercury Fund is a venture capital firm founded in 2005 and headquartered in Houston, with an additional office in Ann Arbor. The firm focuses on early-stage investments in technology-related companies, primarily in the U.S. Midcontinent. With over $200 million under management, Mercury supports both new entrepreneurs seeking guidance and seasoned founders looking to leverage regional talent and resources. The firm has established itself as one of the most active venture capital firms in the area, targeting innovative startups that have demonstrated product-market fit and are prepared for growth. By prioritizing purpose-driven investing, Mercury aims to empower entrepreneurs and foster innovation in Middle America.

Kelly Avant

Associate

Adrian Fortino

Managing Director

Blair Garrou

Managing Director

Danny Janiak

Partner

Daniel Watkins

Venture Partner

Past deals in Southern US

SweatPals

Grant in 2023
SweatPals is the operating platform for the fitness and wellness communities. The platform of company provides a mobile application through which users can obtain information about fitness and wellness events. They aim to make fitness and wellness accessible to everyone, as well as create a friendly and welcoming environment for people to achieve their health and wellbeing goals.

Spruce

Series B in 2022
Spruce develops a platform that enables individuals to receive services in their homes through a mobile app. Its services range from full housekeeping to a quick tidy up or a dog walk for a furry friend. The company was founded in 2016 and is headquartered in Austin, Texas.

Upgrade Boutique

Seed Round in 2022
Upgrade Boutique is a managed marketplace that provides beauty products and services. The company connects with consumers that seek custom wigs, extensions, and curated beauty products with a network of stylists and colorists. Upgrade Boutique was founded in 2019 by Britney Winters and is headquartered in Houston, Texas.

Green Room

Pre Seed Round in 2022
Developer of business and tour management software intended for touring entertainers. The company's software offers an all-in-one, mobile solution for event scheduling, coordination and finance tracking, enabling local venues and independent artists to save time as well as stay compliant while managing gig payments.

Volt

Seed Round in 2021
Respond Flow is an SMS software for any business that wants to save time and resources on marketing, sales, and service. Using a local 10-Digit number, users can schedule and send targeted messages to customers and prospects, while maintaining a personal touch. This helps businesses build a loyal customer base, close more deals, and increase customer satisfaction.

Cart.com

Series B in 2021
Cart.com is a fully integrated ecommerce platform helps brands and distributors of all sizes move faster, grow larger, and deliver on their promises more completely.

Buildforce

Seed Round in 2021
Buildforce is a developer of a construction labor platform aimed at improving project outcomes in the construction industry. The company offers a labor marketplace that connects skilled tradesmen with construction firms, alongside workforce management and payroll software-as-a-service. This platform enables clients to efficiently identify qualified candidates for their critical projects while providing workers with opportunities to advance their careers. The founding team includes professionals with extensive experience in construction staffing, software engineering, and global market expansion, positioning Buildforce to effectively address the challenges faced by contractors in scaling their workforce without increasing risk and overhead.

Graylog

Venture Round in 2021
Graylog provides service and support for the open source Graylog solution which stores, searches, and analyzes machine data collected from IT infrastructures and applications. The company enables organizations, at a fraction of the cost, to improve IT operations efficiency, security, and reduce the cost of IT. Graylog has received funding from the Mercury Fund and is based in Houston.

Upgrade Boutique

Seed Round in 2021
Upgrade Boutique is a managed marketplace that provides beauty products and services. The company connects with consumers that seek custom wigs, extensions, and curated beauty products with a network of stylists and colorists. Upgrade Boutique was founded in 2019 by Britney Winters and is headquartered in Houston, Texas.

Molecule Software

Series A in 2021
Molecule Software, Inc. is a developer of energy trading and risk management software based in Houston, Texas, founded in 2012. The company offers a cloud-based platform designed to assist commodity traders, risk managers, and operations teams. Its software, known as Molecule, includes features such as physical inventory support, reconciliation, market data download capabilities, and market data analytics. The platform efficiently integrates trades and position data from various exchanges and spreadsheets, allowing users to quickly calculate position, profit and loss, and value-at-risk. This streamlined approach aims to reduce the time and costs associated with traditional implementations while enhancing data security and reliability. Molecule Software serves various sectors, including electricity, natural gas, NGLs, and crude oil.

Cart.com

Series A in 2021
Cart.com is a fully integrated ecommerce platform helps brands and distributors of all sizes move faster, grow larger, and deliver on their promises more completely.

Buildforce

Pre Seed Round in 2021
Buildforce is a developer of a construction labor platform aimed at improving project outcomes in the construction industry. The company offers a labor marketplace that connects skilled tradesmen with construction firms, alongside workforce management and payroll software-as-a-service. This platform enables clients to efficiently identify qualified candidates for their critical projects while providing workers with opportunities to advance their careers. The founding team includes professionals with extensive experience in construction staffing, software engineering, and global market expansion, positioning Buildforce to effectively address the challenges faced by contractors in scaling their workforce without increasing risk and overhead.

Topl

Seed Round in 2020
Topl enables companies to prove their ethical and sustainable practices, by tracking and tracing every step in an organization's supply chain. Topl came out with its first blockchain in 2018, specifically focused on catering to different commodities, and spent much of 2019 assisting companies on how to work on the blockchain. The company was founded in 2017 and headquartered in Houston, Texas.

Spruce

Series A in 2020
Spruce develops a platform that enables individuals to receive services in their homes through a mobile app. Its services range from full housekeeping to a quick tidy up or a dog walk for a furry friend. The company was founded in 2016 and is headquartered in Austin, Texas.

Otto

Series A in 2020
TeleVet provides an integrated mobile app extension to existing veterinarian practice management systems. The TeleVet app allows two-way communication between clients and veterinary staff, enabling telemedicine, appointment scheduling, digital prescriptions and much more.

Buildforce

Pre Seed Round in 2020
Buildforce is a developer of a construction labor platform aimed at improving project outcomes in the construction industry. The company offers a labor marketplace that connects skilled tradesmen with construction firms, alongside workforce management and payroll software-as-a-service. This platform enables clients to efficiently identify qualified candidates for their critical projects while providing workers with opportunities to advance their careers. The founding team includes professionals with extensive experience in construction staffing, software engineering, and global market expansion, positioning Buildforce to effectively address the challenges faced by contractors in scaling their workforce without increasing risk and overhead.

Olea

Series B in 2020
Olea Edge Analytics our focus is on delivering new revenue opportunities to our utility customers. They believe the future of the smart water industry is in the Internet of Things & Edge Computing. They also believe that in order to make the leap to true revenue assurance, business continuity and revenue predictability, real-time accuracy of the meter is critical. They deliver revenue assurance, business continuity, and revenue predictability to their customers utilizing their proprietary Edge Analytics capability

Otto

Seed Round in 2020
TeleVet provides an integrated mobile app extension to existing veterinarian practice management systems. The TeleVet app allows two-way communication between clients and veterinary staff, enabling telemedicine, appointment scheduling, digital prescriptions and much more.

Amify

Series B in 2019
Amify, Inc. is a digital retail agency that specializes in enhancing and managing brands' presence on the Amazon marketplace. Founded in 1995 and headquartered in Alexandria, Virginia, Amify provides a comprehensive range of services, including product listing optimization, unauthorized seller monitoring, pricing strategy maintenance, and search ranking improvements. The company operates as a fully managed, direct-to-consumer Amazon Marketplace solution, leveraging a data-driven approach to maximize profitability for its clients. With a proven track record, Amify has partnered with over 1,000 brands and managed more than $100 million in sales on Amazon. By applying its extensive industry knowledge and best practices, Amify aims to address the challenges brands face on this prominent e-commerce platform, ensuring their success and growth.

Cloudsnap

Venture Round in 2019
Cloudsnap, Inc. develops and delivers an Integrated Platform-as-a-service solution that allows developers to build their software applications with functionality from third party services. Its integration platform uses distributed P2P interception techniques that enable developers to build and deploy mobile/web applications on services, including Salesforce.com, Evernote, Highrise, Basecamp, and Campfire. Cloudsnap, Inc. was founded in 2011 and is based in Austin, Texas.

Spruce

Venture Round in 2019
Spruce develops a platform that enables individuals to receive services in their homes through a mobile app. Its services range from full housekeeping to a quick tidy up or a dog walk for a furry friend. The company was founded in 2016 and is headquartered in Austin, Texas.

Amify

Series A in 2019
Amify, Inc. is a digital retail agency that specializes in enhancing and managing brands' presence on the Amazon marketplace. Founded in 1995 and headquartered in Alexandria, Virginia, Amify provides a comprehensive range of services, including product listing optimization, unauthorized seller monitoring, pricing strategy maintenance, and search ranking improvements. The company operates as a fully managed, direct-to-consumer Amazon Marketplace solution, leveraging a data-driven approach to maximize profitability for its clients. With a proven track record, Amify has partnered with over 1,000 brands and managed more than $100 million in sales on Amazon. By applying its extensive industry knowledge and best practices, Amify aims to address the challenges brands face on this prominent e-commerce platform, ensuring their success and growth.

Liquibase

Series C in 2019
Liquibase, powered by open-source innovation, simplifies and automates database deployment and configuration for applications that eliminate risk from the deployment process. Its platform removes database deployments as a barrier and eliminates the security vulnerabilities, errors, data loss, and downtime associated with current database deployment methods that enable enterprises to shorten the time it takes to bring application innovation to the market.

Cloudsnap

Seed Round in 2019
Cloudsnap, Inc. develops and delivers an Integrated Platform-as-a-service solution that allows developers to build their software applications with functionality from third party services. Its integration platform uses distributed P2P interception techniques that enable developers to build and deploy mobile/web applications on services, including Salesforce.com, Evernote, Highrise, Basecamp, and Campfire. Cloudsnap, Inc. was founded in 2011 and is based in Austin, Texas.

Spruce

Venture Round in 2018
Spruce develops a platform that enables individuals to receive services in their homes through a mobile app. Its services range from full housekeeping to a quick tidy up or a dog walk for a furry friend. The company was founded in 2016 and is headquartered in Austin, Texas.

Ambiq Micro

Venture Round in 2018
Ambiq Micro is an early-stage fabless semiconductor company that is developing ultra-low-power mixed-signal solutions for a new generation of wireless electronics. Ambiq Micro was founded in 2010 on the simple yet powerful notion that extremely low power semiconductors are the key to the future of electronics. Through the use of their pioneering ultra-low-power technology, they help innovative companies around the world develop differentiated solutions that reduce or eliminate the need for batteries, lower overall system power, and maximize industrial design flexibility.

TrendKite

Series D in 2016
TrendKite is an Austin, Texas-based company founded in 2012 that specializes in Public Relations (PR) analytics software. The company aims to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive metrics to measure the impact of PR on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can sift through millions of data points rapidly, streamlining workflows. The software emphasizes the quality of media coverage, allowing brands and agencies to analyze their PR efforts across various channels with ease. By focusing on meaningful insights rather than sheer volume, TrendKite empowers clients to evaluate trends in media and generate clear reports on the effectiveness of their PR strategies.

Ambiq Micro

Series C in 2016
Ambiq Micro is an early-stage fabless semiconductor company that is developing ultra-low-power mixed-signal solutions for a new generation of wireless electronics. Ambiq Micro was founded in 2010 on the simple yet powerful notion that extremely low power semiconductors are the key to the future of electronics. Through the use of their pioneering ultra-low-power technology, they help innovative companies around the world develop differentiated solutions that reduce or eliminate the need for batteries, lower overall system power, and maximize industrial design flexibility.

Meshify

Debt Financing in 2016
Meshify, Inc. specializes in electronic-device management software designed for the Internet of Things (IoT) market. The company enables Original Equipment Manufacturers (OEMs) to transform existing devices into internet-connected products, facilitating efficient data measurement, monitoring, and control. Its software offers features such as mobile alerts, user role management, data visualization through graphs and charts, and a hosted web application for viewing device locations and data. Meshify's solutions support a variety of applications, including remote tank monitoring, energy management systems, pest control, and water monitoring, allowing OEMs to generate recurring revenue by enhancing their devices with internet connectivity. Founded in 2012 and based in Houston, Texas, Meshify operates as a subsidiary of HSB Group, Inc. since 2016.

Liquibase

Series B in 2016
Liquibase, powered by open-source innovation, simplifies and automates database deployment and configuration for applications that eliminate risk from the deployment process. Its platform removes database deployments as a barrier and eliminates the security vulnerabilities, errors, data loss, and downtime associated with current database deployment methods that enable enterprises to shorten the time it takes to bring application innovation to the market.

TrendKite

Series C in 2015
TrendKite is an Austin, Texas-based company founded in 2012 that specializes in Public Relations (PR) analytics software. The company aims to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive metrics to measure the impact of PR on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can sift through millions of data points rapidly, streamlining workflows. The software emphasizes the quality of media coverage, allowing brands and agencies to analyze their PR efforts across various channels with ease. By focusing on meaningful insights rather than sheer volume, TrendKite empowers clients to evaluate trends in media and generate clear reports on the effectiveness of their PR strategies.

Liquibase

Series A in 2015
Liquibase, powered by open-source innovation, simplifies and automates database deployment and configuration for applications that eliminate risk from the deployment process. Its platform removes database deployments as a barrier and eliminates the security vulnerabilities, errors, data loss, and downtime associated with current database deployment methods that enable enterprises to shorten the time it takes to bring application innovation to the market.

TrendKite

Series B in 2015
TrendKite is an Austin, Texas-based company founded in 2012 that specializes in Public Relations (PR) analytics software. The company aims to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive metrics to measure the impact of PR on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can sift through millions of data points rapidly, streamlining workflows. The software emphasizes the quality of media coverage, allowing brands and agencies to analyze their PR efforts across various channels with ease. By focusing on meaningful insights rather than sheer volume, TrendKite empowers clients to evaluate trends in media and generate clear reports on the effectiveness of their PR strategies.

Graylog

Seed Round in 2015
Graylog provides service and support for the open source Graylog solution which stores, searches, and analyzes machine data collected from IT infrastructures and applications. The company enables organizations, at a fraction of the cost, to improve IT operations efficiency, security, and reduce the cost of IT. Graylog has received funding from the Mercury Fund and is based in Houston.

Experiment Engine

Seed Round in 2014
Experiment Engine, Inc. operates testing and conversion optimization platform. Its platform enables brands and agencies to manage testing programs, scale experimentation, and measure ROI; and allows teams to plan testing projects, review variations, and report on results. The company’s platform manages, collaborates, and reports on testing programs; provides access to design, development, copywriting, and QA resources; and builds and refines conversion optimization strategies. It serves e-commerce, publishing, lead generation, and agency sectors. Experiment Engine, Inc. was incorporated in 2014 and is based in Austin, Texas. As of April 19, 2017, Experiment Engine, Inc. operates as a subsidiary of Optimizely, Inc.

Molecule Software

Seed Round in 2014
Molecule Software, Inc. is a developer of energy trading and risk management software based in Houston, Texas, founded in 2012. The company offers a cloud-based platform designed to assist commodity traders, risk managers, and operations teams. Its software, known as Molecule, includes features such as physical inventory support, reconciliation, market data download capabilities, and market data analytics. The platform efficiently integrates trades and position data from various exchanges and spreadsheets, allowing users to quickly calculate position, profit and loss, and value-at-risk. This streamlined approach aims to reduce the time and costs associated with traditional implementations while enhancing data security and reliability. Molecule Software serves various sectors, including electricity, natural gas, NGLs, and crude oil.

Ambiq Micro

Series C in 2014
Ambiq Micro is an early-stage fabless semiconductor company that is developing ultra-low-power mixed-signal solutions for a new generation of wireless electronics. Ambiq Micro was founded in 2010 on the simple yet powerful notion that extremely low power semiconductors are the key to the future of electronics. Through the use of their pioneering ultra-low-power technology, they help innovative companies around the world develop differentiated solutions that reduce or eliminate the need for batteries, lower overall system power, and maximize industrial design flexibility.

Koupon

Series C in 2014
Koupon Media, Inc. specializes in providing a digital campaign management platform that facilitates the creation, distribution, redemption, and analysis of digital coupons and promotions. Founded in 2011 and based in Addison, Texas, Koupon serves c-store retailers and consumer packaged goods (CPG) brands, offering tools to enhance shopper engagement and sales growth. The company enables brands to execute personalized, multi-channel promotions while assisting retailers in securing additional brand trade spending. Koupon's extensive network includes 30 of the top 50 c-store retailers and over 70 brands, allowing it to leverage unmatched channel reach and proprietary technology. Since its inception, Koupon has successfully delivered over 4 billion offers, showcasing its impact in the digital coupon space.

DNAtrix

Series B in 2014
DNAtrix, Inc. is a clinical stage biotechnology company based in Houston, Texas, specializing in virus-driven immunotherapies for cancer treatment. The company develops modified viruses designed to selectively target and kill cancer cells, with its lead product, DNX-2401, focused on glioblastoma, an aggressive and currently incurable brain tumor. This oncolytic immunotherapy has shown promising early results, having been administered to over 35 patients. In addition to DNX-2401, DNAtrix is advancing other therapies, including DNX-2440 and DNX-2450 for solid tumors, and MYX-135 for hematological malignancies. The company aims to expand its platform technology to address a broader range of cancers, including brain metastases, ovarian, and pancreatic cancer. DNAtrix has formed a strategic partnership with Valo Therapeutics to enhance its research and development efforts.

Illumitex

Debt Financing in 2014
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company produces a range of lighting products for horticultural, industrial, and architectural applications. Its offerings include grow lights designed for large growers, vertical farms, and greenhouses, as well as lighting solutions for warehouses, offices, cold storage facilities, and food processing plants. Illumitex's innovative designs focus on enhancing functionality through advanced optics technology, delivering uniform and precise light beams. Their products cater to various settings, including indoor gardening, plant research, and commercial landscapes. Illumitex distributes its lighting solutions through retailers and distributors across the United States.

TrendKite

Venture Round in 2014
TrendKite is an Austin, Texas-based company founded in 2012 that specializes in Public Relations (PR) analytics software. The company aims to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive metrics to measure the impact of PR on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can sift through millions of data points rapidly, streamlining workflows. The software emphasizes the quality of media coverage, allowing brands and agencies to analyze their PR efforts across various channels with ease. By focusing on meaningful insights rather than sheer volume, TrendKite empowers clients to evaluate trends in media and generate clear reports on the effectiveness of their PR strategies.

TrendKite

Series A in 2014
TrendKite is an Austin, Texas-based company founded in 2012 that specializes in Public Relations (PR) analytics software. The company aims to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive metrics to measure the impact of PR on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can sift through millions of data points rapidly, streamlining workflows. The software emphasizes the quality of media coverage, allowing brands and agencies to analyze their PR efforts across various channels with ease. By focusing on meaningful insights rather than sheer volume, TrendKite empowers clients to evaluate trends in media and generate clear reports on the effectiveness of their PR strategies.

SEE Forge

Seed Round in 2014
SEE Forge Pty Ltd. operates SEE Forge, a cloud platform that eliminates paperwork and spreadsheets that manage all the processes. The company’s platform integrates a mobile reporting application and a Web based command centre; connects field operators and executives; turns day to day operations into reports; and enables users to collect, report, and manage information. It serves mining, oil and gas, healthcare, construction, energy and utilities, property management, government, automotive, retail, food and beverages, and other industries. The company is based in West Perth, Australia.

Apsara Therapeutics

Debt Financing in 2014
Apsara Therapeutics is a biotechnology company based in Houston, Texas, focused on developing antibody therapies for neuromyelitis optica (NMO), a demyelinating disorder that leads to lesions on the spinal cord and optic nerve. The company's therapies aim to block the formation of these lesions and interrupt the inflammatory processes that contribute to demyelination and neuronal cell death. By targeting these mechanisms, Apsara Therapeutics seeks to provide effective treatment options for individuals affected by this debilitating condition.

SEE Forge

Seed Round in 2014
SEE Forge Pty Ltd. operates SEE Forge, a cloud platform that eliminates paperwork and spreadsheets that manage all the processes. The company’s platform integrates a mobile reporting application and a Web based command centre; connects field operators and executives; turns day to day operations into reports; and enables users to collect, report, and manage information. It serves mining, oil and gas, healthcare, construction, energy and utilities, property management, government, automotive, retail, food and beverages, and other industries. The company is based in West Perth, Australia.

Apsara Therapeutics

Debt Financing in 2014
Apsara Therapeutics is a biotechnology company based in Houston, Texas, focused on developing antibody therapies for neuromyelitis optica (NMO), a demyelinating disorder that leads to lesions on the spinal cord and optic nerve. The company's therapies aim to block the formation of these lesions and interrupt the inflammatory processes that contribute to demyelination and neuronal cell death. By targeting these mechanisms, Apsara Therapeutics seeks to provide effective treatment options for individuals affected by this debilitating condition.

Glycos Biotechnologies

Debt Financing in 2014
Glycos Biotechnologies, Inc. enables the fuels and chemicals industries of the future. Their partners can flexibly make high value products from a wide range of non-food feedstocks, increasing profits and reducing carbon footprint. They partner with ethanol companies, biodiesel companies and chemical companies interested in leveraging existing infrastructure into alternative chemicals and fuels production. They are also collaborating with biorefinery manufacturers and plant operators to deliver the technology for an integrated biorefinery solution.

Deep Imaging Technologies

Debt Financing in 2014
Deep Imaging Technologies, Inc., a subsurface imaging company, focuses on developing data collection equipment and software technologies for the oil and gas industry. Its portfolio includes surface imaging systems that comprise transmitters, receivers, and software for processing and imaging. The company was incorporated in 2008 and is based in Tomball, Texas.

Molecule Software

Seed Round in 2013
Molecule Software, Inc. is a developer of energy trading and risk management software based in Houston, Texas, founded in 2012. The company offers a cloud-based platform designed to assist commodity traders, risk managers, and operations teams. Its software, known as Molecule, includes features such as physical inventory support, reconciliation, market data download capabilities, and market data analytics. The platform efficiently integrates trades and position data from various exchanges and spreadsheets, allowing users to quickly calculate position, profit and loss, and value-at-risk. This streamlined approach aims to reduce the time and costs associated with traditional implementations while enhancing data security and reliability. Molecule Software serves various sectors, including electricity, natural gas, NGLs, and crude oil.

Liquibase

Series A in 2013
Liquibase, powered by open-source innovation, simplifies and automates database deployment and configuration for applications that eliminate risk from the deployment process. Its platform removes database deployments as a barrier and eliminates the security vulnerabilities, errors, data loss, and downtime associated with current database deployment methods that enable enterprises to shorten the time it takes to bring application innovation to the market.

Deep Imaging Technologies

Debt Financing in 2013
Deep Imaging Technologies, Inc., a subsurface imaging company, focuses on developing data collection equipment and software technologies for the oil and gas industry. Its portfolio includes surface imaging systems that comprise transmitters, receivers, and software for processing and imaging. The company was incorporated in 2008 and is based in Tomball, Texas.

DNAtrix

Debt Financing in 2013
DNAtrix, Inc. is a clinical stage biotechnology company based in Houston, Texas, specializing in virus-driven immunotherapies for cancer treatment. The company develops modified viruses designed to selectively target and kill cancer cells, with its lead product, DNX-2401, focused on glioblastoma, an aggressive and currently incurable brain tumor. This oncolytic immunotherapy has shown promising early results, having been administered to over 35 patients. In addition to DNX-2401, DNAtrix is advancing other therapies, including DNX-2440 and DNX-2450 for solid tumors, and MYX-135 for hematological malignancies. The company aims to expand its platform technology to address a broader range of cancers, including brain metastases, ovarian, and pancreatic cancer. DNAtrix has formed a strategic partnership with Valo Therapeutics to enhance its research and development efforts.

Glycos Biotechnologies

Debt Financing in 2013
Glycos Biotechnologies, Inc. enables the fuels and chemicals industries of the future. Their partners can flexibly make high value products from a wide range of non-food feedstocks, increasing profits and reducing carbon footprint. They partner with ethanol companies, biodiesel companies and chemical companies interested in leveraging existing infrastructure into alternative chemicals and fuels production. They are also collaborating with biorefinery manufacturers and plant operators to deliver the technology for an integrated biorefinery solution.

DNAtrix

Debt Financing in 2013
DNAtrix, Inc. is a clinical stage biotechnology company based in Houston, Texas, specializing in virus-driven immunotherapies for cancer treatment. The company develops modified viruses designed to selectively target and kill cancer cells, with its lead product, DNX-2401, focused on glioblastoma, an aggressive and currently incurable brain tumor. This oncolytic immunotherapy has shown promising early results, having been administered to over 35 patients. In addition to DNX-2401, DNAtrix is advancing other therapies, including DNX-2440 and DNX-2450 for solid tumors, and MYX-135 for hematological malignancies. The company aims to expand its platform technology to address a broader range of cancers, including brain metastases, ovarian, and pancreatic cancer. DNAtrix has formed a strategic partnership with Valo Therapeutics to enhance its research and development efforts.

Ambiq Micro

Series B in 2013
Ambiq Micro is an early-stage fabless semiconductor company that is developing ultra-low-power mixed-signal solutions for a new generation of wireless electronics. Ambiq Micro was founded in 2010 on the simple yet powerful notion that extremely low power semiconductors are the key to the future of electronics. Through the use of their pioneering ultra-low-power technology, they help innovative companies around the world develop differentiated solutions that reduce or eliminate the need for batteries, lower overall system power, and maximize industrial design flexibility.

Koupon

Venture Round in 2013
Koupon Media, Inc. specializes in providing a digital campaign management platform that facilitates the creation, distribution, redemption, and analysis of digital coupons and promotions. Founded in 2011 and based in Addison, Texas, Koupon serves c-store retailers and consumer packaged goods (CPG) brands, offering tools to enhance shopper engagement and sales growth. The company enables brands to execute personalized, multi-channel promotions while assisting retailers in securing additional brand trade spending. Koupon's extensive network includes 30 of the top 50 c-store retailers and over 70 brands, allowing it to leverage unmatched channel reach and proprietary technology. Since its inception, Koupon has successfully delivered over 4 billion offers, showcasing its impact in the digital coupon space.

Deep Imaging Technologies

Debt Financing in 2013
Deep Imaging Technologies, Inc., a subsurface imaging company, focuses on developing data collection equipment and software technologies for the oil and gas industry. Its portfolio includes surface imaging systems that comprise transmitters, receivers, and software for processing and imaging. The company was incorporated in 2008 and is based in Tomball, Texas.

DNAtrix

Debt Financing in 2013
DNAtrix, Inc. is a clinical stage biotechnology company based in Houston, Texas, specializing in virus-driven immunotherapies for cancer treatment. The company develops modified viruses designed to selectively target and kill cancer cells, with its lead product, DNX-2401, focused on glioblastoma, an aggressive and currently incurable brain tumor. This oncolytic immunotherapy has shown promising early results, having been administered to over 35 patients. In addition to DNX-2401, DNAtrix is advancing other therapies, including DNX-2440 and DNX-2450 for solid tumors, and MYX-135 for hematological malignancies. The company aims to expand its platform technology to address a broader range of cancers, including brain metastases, ovarian, and pancreatic cancer. DNAtrix has formed a strategic partnership with Valo Therapeutics to enhance its research and development efforts.

Ambiq Micro

Series B in 2012
Ambiq Micro is an early-stage fabless semiconductor company that is developing ultra-low-power mixed-signal solutions for a new generation of wireless electronics. Ambiq Micro was founded in 2010 on the simple yet powerful notion that extremely low power semiconductors are the key to the future of electronics. Through the use of their pioneering ultra-low-power technology, they help innovative companies around the world develop differentiated solutions that reduce or eliminate the need for batteries, lower overall system power, and maximize industrial design flexibility.

Molecule Software

Seed Round in 2012
Molecule Software, Inc. is a developer of energy trading and risk management software based in Houston, Texas, founded in 2012. The company offers a cloud-based platform designed to assist commodity traders, risk managers, and operations teams. Its software, known as Molecule, includes features such as physical inventory support, reconciliation, market data download capabilities, and market data analytics. The platform efficiently integrates trades and position data from various exchanges and spreadsheets, allowing users to quickly calculate position, profit and loss, and value-at-risk. This streamlined approach aims to reduce the time and costs associated with traditional implementations while enhancing data security and reliability. Molecule Software serves various sectors, including electricity, natural gas, NGLs, and crude oil.

Liquibase

Seed Round in 2012
Liquibase, powered by open-source innovation, simplifies and automates database deployment and configuration for applications that eliminate risk from the deployment process. Its platform removes database deployments as a barrier and eliminates the security vulnerabilities, errors, data loss, and downtime associated with current database deployment methods that enable enterprises to shorten the time it takes to bring application innovation to the market.

Illumitex

Venture Round in 2012
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company produces a range of lighting products for horticultural, industrial, and architectural applications. Its offerings include grow lights designed for large growers, vertical farms, and greenhouses, as well as lighting solutions for warehouses, offices, cold storage facilities, and food processing plants. Illumitex's innovative designs focus on enhancing functionality through advanced optics technology, delivering uniform and precise light beams. Their products cater to various settings, including indoor gardening, plant research, and commercial landscapes. Illumitex distributes its lighting solutions through retailers and distributors across the United States.

Koupon

Series B in 2012
Koupon Media, Inc. specializes in providing a digital campaign management platform that facilitates the creation, distribution, redemption, and analysis of digital coupons and promotions. Founded in 2011 and based in Addison, Texas, Koupon serves c-store retailers and consumer packaged goods (CPG) brands, offering tools to enhance shopper engagement and sales growth. The company enables brands to execute personalized, multi-channel promotions while assisting retailers in securing additional brand trade spending. Koupon's extensive network includes 30 of the top 50 c-store retailers and over 70 brands, allowing it to leverage unmatched channel reach and proprietary technology. Since its inception, Koupon has successfully delivered over 4 billion offers, showcasing its impact in the digital coupon space.

DNAtrix

Seed Round in 2012
DNAtrix, Inc. is a clinical stage biotechnology company based in Houston, Texas, specializing in virus-driven immunotherapies for cancer treatment. The company develops modified viruses designed to selectively target and kill cancer cells, with its lead product, DNX-2401, focused on glioblastoma, an aggressive and currently incurable brain tumor. This oncolytic immunotherapy has shown promising early results, having been administered to over 35 patients. In addition to DNX-2401, DNAtrix is advancing other therapies, including DNX-2440 and DNX-2450 for solid tumors, and MYX-135 for hematological malignancies. The company aims to expand its platform technology to address a broader range of cancers, including brain metastases, ovarian, and pancreatic cancer. DNAtrix has formed a strategic partnership with Valo Therapeutics to enhance its research and development efforts.

Inboundgeo

Convertible Note in 2012
inboundgeo is an incredibly simple turnkey service. It helps brands, services, and purveyors of “considered” purchases reach potential customers–where they live. Quite literally. This audience has already visited the brand’s site, they’ve expressed interest in certain products and services, and they’re just one step away from becoming buyers. They just need another branding impression to remind them. The best part of all is that they shared their location with the brand’s website. And that’s precisely where we step in. We discover single family home addresses of otherwise-anonymous website visitors. We then print, address, stamp and send a postcard to their address on the same day. Automatically. It’s a little like magic, yes. Our customers don’t have to lift a finger, or lick a stamp. They won’t even know it happened until our notice arrives via email with the day’s numbers. Think of inboundgeo as personal delivery service for your targeted marketing message. This is marksman level targeting. And if that wasn’t enough, the postcard is hand delivered by a federal employee, directly to the door of your future buyers. How cool is that? There are just three things left to do: 1) Install the code. 2) Upload a postcard. 3) Fund your account. Step 3 means you set the budget up front. Spend as much as you’d like, and not a dollar more. This is direct mail for the truly digital age. Mail well, friends. http://inboundgeo.com/

Koupon

Series A in 2011
Koupon Media, Inc. specializes in providing a digital campaign management platform that facilitates the creation, distribution, redemption, and analysis of digital coupons and promotions. Founded in 2011 and based in Addison, Texas, Koupon serves c-store retailers and consumer packaged goods (CPG) brands, offering tools to enhance shopper engagement and sales growth. The company enables brands to execute personalized, multi-channel promotions while assisting retailers in securing additional brand trade spending. Koupon's extensive network includes 30 of the top 50 c-store retailers and over 70 brands, allowing it to leverage unmatched channel reach and proprietary technology. Since its inception, Koupon has successfully delivered over 4 billion offers, showcasing its impact in the digital coupon space.

BlackLocus

Series A in 2011
BlackLocus is the leading provider of automated and optimized pricing tools for mid-market and large online retailers. By combining competitive pricing data from across the web with customers' online store data, BlackLocus delivers actionable recommendations on competitive pricing and assortment. Powered by top talent and research from Carnegie Mellon University, BlackLocus deploys sophisticated machine learning and revenue management techniques in a pricing-as-a-service model, enabling retailers to price to win. BlackLocus is based in Austin, TX.

Illumitex

Venture Round in 2011
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company produces a range of lighting products for horticultural, industrial, and architectural applications. Its offerings include grow lights designed for large growers, vertical farms, and greenhouses, as well as lighting solutions for warehouses, offices, cold storage facilities, and food processing plants. Illumitex's innovative designs focus on enhancing functionality through advanced optics technology, delivering uniform and precise light beams. Their products cater to various settings, including indoor gardening, plant research, and commercial landscapes. Illumitex distributes its lighting solutions through retailers and distributors across the United States.

Deep Imaging Technologies

Debt Financing in 2011
Deep Imaging Technologies, Inc., a subsurface imaging company, focuses on developing data collection equipment and software technologies for the oil and gas industry. Its portfolio includes surface imaging systems that comprise transmitters, receivers, and software for processing and imaging. The company was incorporated in 2008 and is based in Tomball, Texas.

Ambiq Micro

Seed Round in 2010
Ambiq Micro is an early-stage fabless semiconductor company that is developing ultra-low-power mixed-signal solutions for a new generation of wireless electronics. Ambiq Micro was founded in 2010 on the simple yet powerful notion that extremely low power semiconductors are the key to the future of electronics. Through the use of their pioneering ultra-low-power technology, they help innovative companies around the world develop differentiated solutions that reduce or eliminate the need for batteries, lower overall system power, and maximize industrial design flexibility.

Glycos Biotechnologies

Series B in 2010
Glycos Biotechnologies, Inc. enables the fuels and chemicals industries of the future. Their partners can flexibly make high value products from a wide range of non-food feedstocks, increasing profits and reducing carbon footprint. They partner with ethanol companies, biodiesel companies and chemical companies interested in leveraging existing infrastructure into alternative chemicals and fuels production. They are also collaborating with biorefinery manufacturers and plant operators to deliver the technology for an integrated biorefinery solution.

DNAtrix

Debt Financing in 2010
DNAtrix, Inc. is a clinical stage biotechnology company based in Houston, Texas, specializing in virus-driven immunotherapies for cancer treatment. The company develops modified viruses designed to selectively target and kill cancer cells, with its lead product, DNX-2401, focused on glioblastoma, an aggressive and currently incurable brain tumor. This oncolytic immunotherapy has shown promising early results, having been administered to over 35 patients. In addition to DNX-2401, DNAtrix is advancing other therapies, including DNX-2440 and DNX-2450 for solid tumors, and MYX-135 for hematological malignancies. The company aims to expand its platform technology to address a broader range of cancers, including brain metastases, ovarian, and pancreatic cancer. DNAtrix has formed a strategic partnership with Valo Therapeutics to enhance its research and development efforts.

Glycos Biotechnologies

Series A in 2009
Glycos Biotechnologies, Inc. enables the fuels and chemicals industries of the future. Their partners can flexibly make high value products from a wide range of non-food feedstocks, increasing profits and reducing carbon footprint. They partner with ethanol companies, biodiesel companies and chemical companies interested in leveraging existing infrastructure into alternative chemicals and fuels production. They are also collaborating with biorefinery manufacturers and plant operators to deliver the technology for an integrated biorefinery solution.

DNAtrix

Seed Round in 2008
DNAtrix, Inc. is a clinical stage biotechnology company based in Houston, Texas, specializing in virus-driven immunotherapies for cancer treatment. The company develops modified viruses designed to selectively target and kill cancer cells, with its lead product, DNX-2401, focused on glioblastoma, an aggressive and currently incurable brain tumor. This oncolytic immunotherapy has shown promising early results, having been administered to over 35 patients. In addition to DNX-2401, DNAtrix is advancing other therapies, including DNX-2440 and DNX-2450 for solid tumors, and MYX-135 for hematological malignancies. The company aims to expand its platform technology to address a broader range of cancers, including brain metastases, ovarian, and pancreatic cancer. DNAtrix has formed a strategic partnership with Valo Therapeutics to enhance its research and development efforts.

Actacell

Series A in 2008
ActaCell, Inc. is a technology start-up commercializing lithium-ion battery technology developed in the Material Science and Engineering lab at The University of Texas at Austin. This new technology is focused on delivering substantially longer cycle life at low cost while maintaining safety as the number one priority. The Material Science and Engineering program at the University of Texas has a long history of innovation in lithium ion chemistries. The company announced on July 200, 2008 that it secured $5.8 million in Series A financing. DFJ Mercury led the round with syndicate investment from Google.org's RechargeIT program, Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc. and Good Energies. The proceeds from the Series A financing will be used to hire key technical talent and to further develop ActaCell's lithium-ion battery technology for commercial purposes.

Phurnace Software

Series A in 2008
Phurnace Software helps companies drive revenue and dramatically reduce costs by accelerating the deployment of mission critical applications into physical environments, virtual images or to cloud computing providers. Leveraging patent-pending technology, Phurnace automates web [application deployment](http://www.bmc.com/products/product-listing/bmc-bladelogic-application-release-automation.html) from installation to deployment to upgrades eliminating manual, error-prone processes and delivering tangible ROI within weeks. Phurnace Software, Inc. was founded in 2007 and is based in Austin, Texas. As of the nine months ended December 31, 2009, Phurnace Software Inc. operates as a subsidiary of BMC Software Inc.

Illumitex

Series B in 2008
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company produces a range of lighting products for horticultural, industrial, and architectural applications. Its offerings include grow lights designed for large growers, vertical farms, and greenhouses, as well as lighting solutions for warehouses, offices, cold storage facilities, and food processing plants. Illumitex's innovative designs focus on enhancing functionality through advanced optics technology, delivering uniform and precise light beams. Their products cater to various settings, including indoor gardening, plant research, and commercial landscapes. Illumitex distributes its lighting solutions through retailers and distributors across the United States.

Glycos Biotechnologies

Venture Round in 2008
Glycos Biotechnologies, Inc. enables the fuels and chemicals industries of the future. Their partners can flexibly make high value products from a wide range of non-food feedstocks, increasing profits and reducing carbon footprint. They partner with ethanol companies, biodiesel companies and chemical companies interested in leveraging existing infrastructure into alternative chemicals and fuels production. They are also collaborating with biorefinery manufacturers and plant operators to deliver the technology for an integrated biorefinery solution.

Phurnace Software

Series A in 2007
Phurnace Software helps companies drive revenue and dramatically reduce costs by accelerating the deployment of mission critical applications into physical environments, virtual images or to cloud computing providers. Leveraging patent-pending technology, Phurnace automates web [application deployment](http://www.bmc.com/products/product-listing/bmc-bladelogic-application-release-automation.html) from installation to deployment to upgrades eliminating manual, error-prone processes and delivering tangible ROI within weeks. Phurnace Software, Inc. was founded in 2007 and is based in Austin, Texas. As of the nine months ended December 31, 2009, Phurnace Software Inc. operates as a subsidiary of BMC Software Inc.

DNAtrix

Debt Financing in 2006
DNAtrix, Inc. is a clinical stage biotechnology company based in Houston, Texas, specializing in virus-driven immunotherapies for cancer treatment. The company develops modified viruses designed to selectively target and kill cancer cells, with its lead product, DNX-2401, focused on glioblastoma, an aggressive and currently incurable brain tumor. This oncolytic immunotherapy has shown promising early results, having been administered to over 35 patients. In addition to DNX-2401, DNAtrix is advancing other therapies, including DNX-2440 and DNX-2450 for solid tumors, and MYX-135 for hematological malignancies. The company aims to expand its platform technology to address a broader range of cancers, including brain metastases, ovarian, and pancreatic cancer. DNAtrix has formed a strategic partnership with Valo Therapeutics to enhance its research and development efforts.