About Austin Technology Incubator
Austin Technology Incubator, an accelerator and incubator program founded in 1989, is based in Austin, United States. With a presence in 4 countries, it has supported around 158 startups in sectors like Enterprise Applications, High Tech. As of Jan 2026, Austin Technology Incubator has witnessed 39 portfolio exits. Most notable companies in
its portfolio include Favor, Savara Pharma and Apptronik. The program is backed by a team of 7 people who primarily support Seed startups based in United States. Its latest investment was a Undisclosed Seed round in FLO.materials on Nov 22, 2022.
Key Metrics
Founded Year
1989
Location
Austin, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Unattributed & 3 more
Locations of Investment
Austin Technology Incubator's List of Top Investments
Austin Technology Incubator has a portfolio of 158 companies. Their most notable investments are in ResilientGrid and Bractlet.Their portfolio spans across United States, Australia, Belgium and 1 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 31 other sectors, across stages such as Seed, Unattributed and 3 more. Here is the list of top investments by Austin Technology Incubator:1. Favor
Online food order and delivery platform. The platform allows customers to order food from nearby local restaurants and food outlets. Its mobile application is available on Android and iOS platforms.
Key facts about Favor
- Founded Year: 2013
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $37.1M
- Employee Count: 111 as on Dec 31, 2017
- Investors: Draper Associates, Corsa Ventures and 7 Others
- Latest Funding Round: Series B, Sep 07, 2017, $*****
- Highlight: Acquired
Developer of therapeutics for rare respiratory diseases. The company’s lead product is molgramostim nebulizer solution, which is an inhaled granulocyte-macrophage colony-stimulating factor (GM-CSF) for autoimmune pulmonary alveolar proteinosis (aPAP).
Key facts about Savara Pharma
- Founded Year: 2008
- Location: Austin (United States)
- Annual Revenue: $2.09M as on Dec 31, 2011
- Stage: Public
- Total Funding till date: $67.8M
- Employee Count: 33 as on Jul 01, 2024
- Investors: Logos, Bain Capital Life Sciences and 19 Others
- Latest Funding Round: Post IPO, Dec 20, 2019, $*****
- Highlight: Public
3. Apptronik
Developer of general-purpose humanoid robots for various applications and industries. These robots are designed to work in environments built for humans. They can accomplish tasks currently performed by humans in logistics and manufacturing. The robots aim to reduce labor shortages, improve employee retention, and decrease work-related injuries.
Key facts about Apptronik
- Founded Year: 2016
- Location: Austin (United States)
- Stage: Series B
- Total Funding till date: $767M
- Employee Count: 93 as on Dec 31, 2023
- Investors: ARK Investment Management, Mercedes-Benz and 16 Others
- Latest Funding Round: Series B, Oct 21, 2025, $*****
- Highlight: Editors' Pick
Developer of liquid-stable injectables for the delivery of drugs. The company is developing a stable, ready-to-inject glucagon formulation "Gvoke" which is indicated for the treatment of severe hypoglycemia in adult and pediatric patients with diabetes. The company has developed proprietary formulation technologies such as XeriSol and XeriJect which are currently being evaluated for subcutaneous and intramuscular delivery of highly-concentrated, non-aqueous, ready-to-use formulations of peptides, proteins, and antibodies.
Key facts about Xeris Pharmaceuticals
- Founded Year: 2005
- Location: Chicago (United States)
- Annual Revenue: $203M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $155M
- Employee Count: 278 as on Jul 01, 2024
- Investors: Deerfield, Armistice Capital and 17 Others
- Latest Funding Round: Post IPO, Jan 02, 2022, $*****
- Highlight: Public
5. Seismos
Provider of subsurface intelligence and analytics for oil and gas sectors. It offers acoustic sensing technology for real-time monitoring and optimization of operations. The company's technology supports intelligent completions, pipeline integrity, and geothermal stimulation. It delivers data for optimizing stage design, fluid placement, and perforation strategy. The company provides solutions for supervised and unsupervised closed-loop fracturing.
Key facts about Seismos
- Founded Year: 2013
- Location: Austin (United States)
- Stage: Series C
- Total Funding till date: $29.5M
- Employee Count: 47 as on Dec 31, 2023
- Investors: Osage University Partners, ATP and 5 Others
- Latest Funding Round: Series C, Jul 10, 2024, $*****
- Highlight: Editors' Pick
Austin Technology Incubator's Year-on-Year Investment Trends
Austin Technology Incubator has invested in 158 companies over the last 36 years, with an average of 6 new investments annually in the last 10 years. Its most recent first time investment was in FLO.materials and most recent follow-on round was in AdBm Technologies.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 25 | 0 | 25 |
2021 | 0 | 0 | 0 |
2020 | 4 | 0 | 4 |
2019 | 9 | 1 | 10 |
2018 | 1 | 0 | 1 |
Austin Technology Incubator's Investments by Stage
Austin Technology Incubator has made 98 investments in Seed stage with an average round size of $572K, 24 investments in Unattributed stage, 18 investments in Series A stage, 8 investments in Series B stage and 1 investment in Grant (prize money) stage with an average round size of $10K.Stage of entry | No. of Investments |
|---|---|
Seed | 98 |
Unattributed | 24 |
Series A | 18 |
Series B | 8 |
Grant (prize money) | 1 |
Note: We have considered here, only first round of investments
Austin Technology Incubator's Investments by Sector
Austin Technology Incubator has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Sustainability Tech, Environment Tech and Life Sciences. Notably, it has invested in 103 Enterprise (B2B) companies, 95 Tech companies, 56 Software companies and at least 26 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 47 |
High Tech | 27 |
Sustainability Tech | 20 |
Environment Tech | 15 |
Life Sciences | 15 |
Others | 154 |
Note: We have considered here, only first round of investments
Austin Technology Incubator's Investments by Geography
Austin Technology Incubator has made most investments in United States (145), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 145 |
Australia | 1 |
Belgium | 1 |
China | 1 |
Italy | 1 |
Note: We have considered here, only first round of investments
Austin Technology Incubator's recent investments
Austin Technology Incubator has not made any investment in 2026 so far.Here are the most recent investments by Austin Technology Incubator:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 22, 2022 | United States | Seed | 5485 | - | |
Nov 16, 2022 | United States | Seed | 4578 | - | |
Nov 16, 2022 | United States | Seed | 6716 | - | |
Nov 16, 2022 | United States | Seed | 5379 | - | |
Nov 16, 2022 | United States | Series A | 1621 | - |
IPOs and Publicly Listed companies in Austin Technology Incubator's Portfolio
3 of Austin Technology Incubator's portfolio companies have become public. Xeris Pharmaceuticals got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2018 and Savara Pharma got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of undefined.Here are Austin Technology Incubator's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 21, 2018 | Jan 27, 2014 | Series A | 1231 | |
Apr 27, 2017 | Jan 26, 2012 | Series A | 1774 | |
Nov 22, 2013 | Jan 26, 2012 | Seed | 7195 |
Acquired companies in Austin Technology Incubator's Portfolio
36 companies from Austin Technology Incubator's portfolio have been acquired. The most recent acquisition were Iconic Air in Oct 2025 by Asuene.Here are Austin Technology Incubator's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 23, 2025 | Nov 16, 2022 | Seed | 1624 | |
Oct 31, 2023 | May 21, 2019 | Series B | 8066 | |
Aug 12, 2023 | Nov 16, 2022 | Seed | 3996 | |
Jun 15, 2023 | May 21, 2019 | Seed | 8803 | |
Dec 14, 2021 | Nov 16, 2022 | Series A | 2857 |
Team profile of Austin Technology Incubator
Austin Technology Incubator has a team of 7 members including 2 Partners and 1 Venture Partner located in United States. Austin Technology Incubator's team does not sit on the board of any company as of now.Here is a list of all team members in Austin Technology Incubator:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | Austin | - | ||
Venture Partner | Austin | - |
Co-investors of Austin Technology Incubator
Over the past 36 years, 302 investors have co-invested in Austin Technology Incubator's portfolio companies. This includes funds and angels.
- Invested before Austin Technology Incubator: HHS, MassChallenge and 163 others have invested in rounds before Austin Technology Incubator. There are 7 companies where HHS has invested before Austin Technology Incubator and 5 companies where MassChallenge has invested before Austin Technology Incubator.
- Top Co-investors of Austin Technology Incubator: DOE entered a company along with Austin Technology Incubator.
- Invested after Austin Technology Incubator: A total of 136 investors have invested in Austin Technology Incubator's portfolio after their investments. Top Investors include Capital Factory (5 companies) and Silverton Partners (4 companies).
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