Texas Medical Center, a medical complex that includes multiple universities located in the US state, has launched a $25m fund to invest in early-stage healthcare technologies in Houston.

Texas Medical Center (TMC), a medical complex based in the US state of Texas whose members include several local universities, has launched a $25m venture fund aimed at the Houston ecosystem.

The TMC Venture Fund will invest in technologies and early-stage companies in the healthcare sector, focusing on businesses linked to either the centre or the Houston ecosystem.

TMC’s 46 member institutions include Baylor College of Medicine, Texas A&M University’s Health Science Center, Rice University, Houston University and University of…