Founded in 2011 and headquartered in Austin, Texas, Spindletop Capital focuses on investing in commercial stage healthcare companies in the United States. They leverage their knowledge, experience, and resources to add value beyond capital, with a strategic focus on maximizing risk-adjusted returns. The firm typically invests in companies that are 6-10 years old and have funding rounds with 2-3 participants. Some of their notable investments include Qspex Technologies.