EDCO Ventures is a venture capital firm focused on creating companies and jobs in economically distressed Texas.
Industry
Sector :
Subsector :
Keywords :
founded date
01.01.2005
IPO status
Private
Description
EDCO Ventures is a venture development organization that collaborates with universities, government labs, and investors to bring new technologies and business ideas to market. Their mission is to create innovative companies and living wage jobs in economically distressed areas of Texas. Since its inception in 2005, EDCO Ventures has made seed investments in four companies and has worked with twelve others at the seed and pre-revenue stage. They have raised millions of dollars in capital for their portfolio companies, resulting in the creation of over 65 jobs. In recent years, EDCO Ventures has focused on venture development and venture capital, investing $500,000 in one of their portfolio companies. Their high-growth startups hold the potential for hundreds of additional new jobs in the coming years.