Texas-based seed and early-stage venture firm Mercury announces $105m fund.
Mercury Fund, a Texas-based venture capital firm, has revealed its third fund, offering up $105m for early-stage software and research-based companies.
Mercury Fund III brings the venture capitalist’s total funds under management to $200m, and will target companies at the seed and early-stage.
Amongst those set to benefit are academic spin-outs and startups licensing university technologies, as well as software companies, based in the southwest, Midwest, and Rocky Mountain areas of the US.
Dan Watkins, managing director of Mercury Fund,…
