Hunt Ventures raises $140M fund for early-stage Texas tech
Hunt Ventures, a Dallas and Austin, Tex.-based venture firm, has raised $140 million, in part from an unnamed institutional investor, for itsfirst official fund.
Hunt is a member of the group of companies owned by oil tycoon Ray Hunt, and previously drew all its funds from that source.
The firm, which says it is an early-stage tech investor, has made a number of previous investments. Operating primarily in communications, semiconductors and software, its portfolio companies include Airspan, Integral Wave and Zumobi, which Microsoft said earlier this year it would bundle with Windows Mobile.
According to VentureBeat records, Hunt has also branched out, making an investment into a biotech company called Peptimmune.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.