Venture Capital’s Growing Interest in Texas’ Medtech Industry

The research found that medtech venture capital funding has increased 67 percent across the country since 2017, financing $20 billion to medtech companies during that period. Texas has received $555 million of that investment, the fourth most in the country after tech powerhouses California, Massachusetts, and New York. 

Dallas, though, is more than carrying its weight. A world-class research institution provides consultation and a ready talent pool for potential startups and having several companies that have seen success also helps. North Texas’ swelling population is another factor that makes local companies attractive to investors.

The growth of Pegasus Park, TechFW, Fort Worth’s Medical Innovation District, and the continued success of medtech companies that roll out of UT Southwestern have made North Texas a key player in that increased investment, despite Houston’s massive medical center and Austin’s tech prowess.