TEN Capital Group to Host Texas Venture Summit 2016

Photo licensed from iStockPhoto.com

Photo licensed from iStockPhoto.com

In Austin, the hunt for venture capital is not easy.

But one group plans to make it a little easier. The TEN Capital Group is holding the Texas Venture Summit 2016 on Oct. 6th at the Brazos Hall in downtown Austin.

The event is invitation only and brings together national and statewide investors and qualified Texas technology companies for one-on-one sessions. To request an invitation, visit the organization’s website.

This is the second annual Texas Venture Summit. Last year, 27 companies connected with 42 investors. Since then, seven of those startups have received funding worth $84 million.

This year, the event will bring together over 40 expansion stage and over 60 growth stage technology companies with over 100 investors from across the US.

From the first Texas Venture Summit, in 2015, Delta-v Capital met Austin-based NSS Labs and invested $16 million in its Series B, along with initial investor Live Oak Venture Partners.

TEN Capital Group, formerly known as Texas Growth Capital Forum, a financial services company, produces the summit.

“Our mission is to measurably increase venture capital and investor presence throughout the state,” Hall T. Martin, director, TEN Capital Group, said in a news release. “Startups founded in Texas need broader access to capital at every stage of growth to maximize their potential to achieve global scale.”

TEN Capital Group also put on its first “HealthCare Texas” conference earlier this year with more than 20 speakers, 30 investors, and 40 company innovators in healthcare information technology, digital health, life science, and therapeutics.

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