When was Austin Technology Incubator founded?

Austin Technology Incubator was founded in 1989.

Where is Austin Technology Incubator's headquarters located?

Austin Technology Incubator's headquarters is located in Austin (United States).

How many companies has Austin Technology Incubator invested in?

Austin Technology Incubator has invested in 157 companies, including Favor & Savara Pharma.

Which companies has Austin Technology Incubator invested in lately?

FLO.materials & ResilientGrid are the latest investments by Austin Technology Incubator.

How many exits has Austin Technology Incubator been involved in?

Austin Technology Incubator's portfolio has seen 3 IPOs and 36 acquisitions.

How many unicorns are there in Austin Technology Incubator's portfolio?

There is 1 unicorn in Austin Technology Incubator's portfolio.

Austin Technology Incubator - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is Austin Technology Incubator's investment team?

Austin Technology Incubator has a team of 5.

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 157 startups in sectors like Enterprise Applications, High Tech. As of Jul 2026, Austin Technology Incubator has 1 unicorn under its belt and 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 5 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

Favor, Savara Pharma & 155 more

Sectors of Investment

Enterprise Applications, High Tech & 32 more

Stages of Investment

Seed, Unattributed & 3 more

Locations of Investment

United States, Australia & 2 more

Unicorn in Portfolio

Apptronik

View Austin Technology Incubator's full profile

Austin Technology Incubator has a portfolio of 157 companies, one of which is a Unicorn. Their most notable investments are in WiMax and eVapt.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: 1,689 as on Jun 30, 2026
Investors: Draper, S3 Ventures and 7 Others
Latest Funding Round: Series B, Sep 07, 2017, $*****
Highlight: Acquired

2. Savara Pharma

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: $1M - $10M as on Dec 31, 2011
Stage: Public
Total Funding till date: $67.8M
Employee Count: 126 as on Jun 30, 2026
Investors: New Enterprise Associates, Bain Capital Life Sciences and 20 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)
Valuation: $*****
Stage: Series A
Total Funding till date: $956M
Employee Count: 465 as on Jun 30, 2026
Investors: Qatar Investment Authority, ARK Investment Management and 26 Others
Latest Funding Round: Series A, Oct 21, 2025, $*****
Highlight: Editors' Pick

4. Xeris Pharmaceuticals

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: $100M - $500M as on Dec 31, 2025
Stage: Public
Total Funding till date: $155M
Employee Count: 506 as on Jun 30, 2026
Investors: Armistice Capital, Longitude Capital and 19 Others
Latest Funding Round: Post IPO, Jan 02, 2022, $*****
Highlight: Public

5. Liquibase

Provider of database change management solutions for governance and automation. The platform offers database change management by embedding governance and auditability. It connects to CI/CD and data-pipeline workflows to enforce security and compliance. The platform maintains separation of duties, prevents downtime, and creates audit logs. It helps design, test, and validate database changes with policy checks and self-service workflows. The platform integrates with CI/CD pipelines to reduce risk and prevent downtime. It helps monitor change activity, detect drift, and generate audit-ready reports.

Key facts about Liquibase

Founded Year: 2006
Location: Austin (United States)
Stage: Series C
Total Funding till date: $27.8M
Employee Count: 71 as on Jun 30, 2026
Investors: Elsewhere Partners, S3 Ventures and 4 Others
Latest Funding Round: Series C, Mar 11, 2019, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Austin Technology Incubator has invested in 157 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.

Here are Austin Technology Incubator's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	0	0	0
2023	0	0	0
2022	24	0	24
2021	0	0	0
2020	4	0	4
2019	9	1	10
2018	1	0	1

View all investments by Austin Technology Incubator

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, 7 investments in Series B stage and 1 investment in Grant (prize money) stage with an average round size of $10K.

Here are Austin Technology Incubator's investments by stage:

Stage of entry	No. of Investments
Seed	98
Unattributed	24
Series A	18
Series B	7
Grant (prize money)	1

Note: We have considered here, only first round of investments

View all investments by Austin Technology Incubator

Austin Technology Incubator has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Sustainability Tech, Life Sciences and Environment Tech. Notably, it has invested in 102 Enterprise (B2B) companies, 95 Tech companies, 56 Software companies and at least 26 companies focusing on Saas.

Here are Austin Technology Incubator's investments by sector:

Sector	No. of Investments
Enterprise Applications	47
High Tech	26
Sustainability Tech	20
Life Sciences	16
Environment Tech	15
Others	153

Note: We have considered here, only first round of investments

View all investments by Austin Technology Incubator

Austin Technology Incubator has made most investments in United States (144), followed by Australia where it has made 1 investment.

Here are Austin Technology Incubator's investments by geography:

Country	No. of Investments
United States	144
Australia	1
Belgium	1
China	1
Italy	1

Note: We have considered here, only first round of investments

View all investments by Austin Technology Incubator

Austin Technology Incubator has not made any investment in 2026 so far.

Here are the most recent investments by Austin Technology Incubator:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Nov 22, 2022	FLO.materials	United States	Seed	3803	-
Nov 16, 2022	ResilientGrid	United States	Seed	6864	-
Nov 16, 2022	Brown Hawk	United States	Seed	1470	-
Nov 16, 2022	Ummino	United States	Seed	5569	-
Nov 16, 2022	Yotta Energy	United States	Series A	2191	-

See more recent investments made by Austin Technology Incubator

Austin Technology Incubator has 1 unicorn in its portfolio - Apptronik. The most recent unicorn in their portfolio is Apptronik which became a unicorn in 2025, 5 years after Austin Technology Incubator first invested in it.

Here is a list of unicorns in Austin Technology Incubator's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
64	Apptronik	Developer of general-purpose humanoid robots for various applications and industries	2016	High Tech [+3]	Austin	Series A	hdpkznt

View more details about unicorns 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:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Xeris Pharmaceuticals	Jun 21, 2018	Jan 27, 2014	Series A	6485
Savara Pharma	Apr 27, 2017	Jan 26, 2012	Series A	8721
Ideal Power	Nov 22, 2013	Jan 26, 2012	Seed	8110

View more details about public companies in Austin Technology Incubator's portfolio

36 companies from Austin Technology Incubator's portfolio have been acquired. The most recent acquisition was Iconic Air in Oct 2025 by Asuene for $*****.

Here are Austin Technology Incubator's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Iconic Air	Oct 23, 2025	Nov 16, 2022	Seed	2167
Lung Therapeutics	Oct 31, 2023	May 21, 2019	Series B	7213
CRCL Solutions	Aug 12, 2023	Nov 16, 2022	Seed	6177
Aiqueous	Jun 15, 2023	May 21, 2019	Seed	9137
Earthly Labs	Dec 14, 2021	Nov 16, 2022	Series A	2032

View all acquired companies in Austin Technology Incubator's portfolio

Austin Technology Incubator has a team of 5 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
George Kozmetsky	Partner	-	-	1 Email
Becky Taylor	Partner	Austin	-	1 Email
Alex Athey	Venture Partner	Austin	-	2 Emails

View team details of Austin Technology Incubator

Over the past 36 years, 278 investors have co-invested in Austin Technology Incubator's portfolio companies. This includes funds and angels.

Invested before Austin Technology Incubator: HHS, MassChallenge and 134 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 141 investors have invested in Austin Technology Incubator's portfolio after their investments. Top Investors include Capital Factory (5 companies) and Silverton Partners (4 companies).