NuFund Venture Group Opens Austin Cluster, Bringing a New Wave of Angel Investment to the Region
NuFund Venture Group, one of the nation’s largest and most active early-stage investor networks, is excited to announce 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 recognizes Austin as a burgeoning hub for innovation, offering a wealth of opportunities for startups and investors alike. 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 a variety of industries.
“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,” said Serhat Pala, President of NuFund Venture Group. “By working closely with local investors and partners like Antler, we’re excited to make a lasting impact on the ATX startup community.”
“NuFund’s decision to establish an Austin presence reflects our confidence in its rapidly growing innovation ecosystem,” said James Burkett, who is leading NuFund’s efforts on the ground. “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.”
NuFund’s track record of success includes more than 55 exits since 2005, with 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 support founders and investors effectively, using a systematic approach to deal flow, portfolio health, and support processes. Now, with Austin as a focal point, NuFund is poised to become a significant player in the region’s startup landscape.
To kick-off its entry into the Austin market, NuFund recently organized a founders & funders virtual showcase with participation from Austin Next and other ecosystem builders, and subsequently co-hosted an event with global VC Antler, attracting over 50 investors, founders, and startup stakeholders. The strong turnout reflects 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.
Founders and investors in Austin can look forward to a range of opportunities to connect with NuFund through upcoming pitch events, networking sessions, and educational resources. By bringing its culture of transparency, collaboration, and support to Austin, NuFund aims to empower local entrepreneurs to build and scale successful companies.
About NuFund Venture Group:
NuFund Venture Group represents a new wave of angel investors, pioneering a novel fund model focused on emerging technology leaders. NuFund was formerly known as Tech Coast Angels – San Diego (TCA-SD), and the organization is one of the largest, most active, and most successful early-stage investor groups over the past 20+ years. We continually strive to foster a culture that is friendly, innovative, engaging, rewarding, and fun for all stakeholders. For more information, please visit http://www.nufund.com.