NuFund Venture Group, one of the nation’s largest and most active early-stage investor networks, has announced the launch of its new Austin Cluster. This expansion into the Texas Market represents the next step in NuFund’s mission to build thriving startup ecosystems beyond its Southern California roots.
NuFund sees Austin as a central hub for innovation, offering many opportunities for startups and investors alike. And the Austin Cluster aims to create stronger ties between Southern California and the growing startup scene in Texas, further amplifying NuFund’s efforts to support emerging companies across various industries.
NuFund’s record of success includes over 55 exits since 2005, investments in over 100 companies, and a commitment to backing high-impact ventures that drive innovation and economic growth. The group has continuously evolved its model to effectively support founders and investors, using a systematic approach to deal flow, portfolio health, and support processes.
To start its entry into the Austin market, NuFund recently organized a founders & funders virtual showcase with Austin Next and other ecosystem builders’ participation. It subsequently co-hosted an event with global VC Antler, attracting over 50 investors, founders, and startup stakeholders. And the strong turnout reflected the excitement and potential within Austin’s entrepreneurial community, highlighting the city’s vibrant startup culture and laying the groundwork for future collaborations. NuFund is eager to contribute to and grow alongside this ecosystem.
KEY QUOTES:
“We are thrilled to be expanding into Austin, a city bursting with energy, creativity, and entrepreneurial spirit. Our goal is to bridge the gap between Southern California and Austin’s vibrant startup scene, providing founders access to the strategic guidance, capital, and expansive network they need to succeed. By working closely with local investors and partners like Antler, we’re excited to make a lasting impact on the ATX startup community.”
-Serhat Pala, President of NuFund Venture Group
“NuFund’s decision to establish an Austin presence reflects our confidence in its rapidly growing innovation ecosystem. There is tremendous potential here in Austin and we’re committed to supporting founders and fostering relationships that drive growth, both for local startups and the broader community.”
-James Burkett, who is leading NuFund’s efforts on the ground
