Texas-based incubator InCube Labs, partnered with the University of Texas at San Antonio, raises $30m from local and private investors to support life science startups.

InCube Labs, which recently signed a 5-year research agreement with the University of Texas at San Antonio (UTSA), has raised $30m for a new fund, InCube Ventures II, from local and private investors to support life science startups.

InCube signed the deal with UTSA in October last year, which will see the organisations jointly developing biomedical technologies. InCube will have access to UTSA’s academic and student research teams, as well as the option of using the University’s facilities to conduct…

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