Capital Factory Opening Center for Health Innovation at Pegasus Park in Dallas

The Austin-based accelerator and investor plans to launch its Center for Health Innovation at Pegasus Park in Dallas by end of 2023. Its goal: connecting startups locally and across the state with each other, as well as other corporate and research players in the space.

Capital Factory chose Dallas to focus on health innovation due to the density of companies in the region operating in the space, as well as nearby research players like UT Southwestern and UT Dallas that are doing research and spinning out startups in fields like biomedical engineering and computer science, Chambers said.