Austin venture capital firm raises $100M fund to back science-driven startups

An Austin-based VC firm that invests in science-backed startups has raised its fourth fund, which is its largest to date. This story explores the types of investors in the new fund, the kinds of companies it plans to support, as well as insights about its portfolio companies. We also discuss recent startup trends and how the firm views advances in AI. Finally, the story includes a list of locally based venture and private equity firms.