Texas Halo Fund

What is Texas Halo Fund?

Texas Halo Fund is an early-stage venture investment fund specializing in seed and Series A rounds.

They cater to various sectors, including PropTech, BioTech, AgroTech, Energy, HealthTech and Fitness, Web Security and Privacy, Food & Beverage, Medical Devices and Hospital Services, Robotics, Real Estate and Construction, Healthcare and Wellness, Mobility, and Pharmaceutical and Medicine.

Positioned as a prolific participant in the venture capital space, they aim to harness the potential of emerging technologies and innovative solutions.

Their typical investment ranges from $100,000 to $5,000,000, with a sweet spot of $1,500,000 per investment.

Located in Houston and part of the Houston Angel Network, Texas Halo Fund is known for acquiring companies like Quad Technologies, which was sold to Bio-Techne Inc., and for spotlighting portfolio companies such as TheratomeBio and TeVido, working on groundbreaking health technologies and treatments.

Their investment philosophy stresses rigorous due diligence and hands-on interaction with management teams before making a financial commitment. They provide active oversight through board positions or observation rights to foster the growth of portfolio companies.

Texas Halo Fund has successfully raised four funds, amassing around $25 million in assets under management. Their approach is to construct a diversified portfolio, comprising twenty to twenty-five companies across multiple industries, to optimize returns while minimizing risks for investors. The funds are managed by seasoned directors with sector-specific experience and a track record in early-stage investments.

They primarily invest in convertible debt and preferred stock and steer clear of investing in LLCs, SAFE notes, real estate, and oil and gas drilling ventures.

Although they are based in Houston, Texas Halo Fund is open to accredited investors across North America. Their fund series include Funds I, II, III, and IV, with the first three making selective follow-on investments and the last one actively investing in new and existing businesses.

What they say:

We are an investment company.

What we look for: We invest in early stage businesses.