Tag: biotech

VelocityTX Admits 4 Companies into its 2022 BioGlobal Accelerator
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VelocityTX Admits 4 Companies into its 2022 BioGlobal Accelerator

The innovation hub on San Antonio’s Eastside has announced four bioscience companies for its 2022 accelerator program.VelocityTX supports the development of early-stage life science and technology companies in San Antonio. Launched in 2020, Velocity’s BioGlobal Accelerator is designed to help local, national, and international companies with innovative, scalable business ideas accelerate the launch of their business.The accelerator is the first and only program in San Antonio specializing in early-stage companies focusing on medical devices, biotech, and healthcare IT.Read: VelocityTX Launches Bioscience Accelerator Program, Co-Working SpaceThe six-week, in-person program helps founders grow and scale bioscience ventures through educational sessions, mentorship, and financi...
Hera Biotech closes $1.9M seed funding for endometriosis diagnostics
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Hera Biotech closes $1.9M seed funding for endometriosis diagnostics

The San Antonio-based biotechnology startup Hera Biotech has closed an oversubscribed $1.9 million seed financing round that will help the company bring the world's first non-surgical diagnostic test for endometriosis to market. The seed funding will go to completing the in-patient human clinical study for their test called MetriD. Funding will also help Hera expand its intellectual property (IP) portfolio and finalize the new diagnostic's regulatory pathway with the Food and Drug Administration (FDA). The seed round was fueled mostly by individual female supporters and investment firms Coyote Ventures, Stella Angels, Althea Group Ventures, and the Kendra Scott Women’s Entrepreneurial Leadership Institute. “The Kendra Scott Women's Entrepreneurial Leadership Institute (KS WELI) at The U...
Here’s who’s pitching March 30 at the BioMedSA BioFest
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Here’s who’s pitching March 30 at the BioMedSA BioFest

If you ask Heather Hanson about innovation in the life science and biotechnology spaces in Texas, she would tell you activity has been apace over the past couple of years despite the pandemic. Hanson is CEO of BioMedSA, a member-driven organziation that promotes healthcare and biomedical industries in San Antonio. Its mission is to accelerate the growth of the healthcare and bioscience sector, create regional economic benefit, and contribute to the health of San Antonio and beyond."Collaboration is embedded in the life science industry, as companies routinely connect with other organizations in San Antonio," Hanson said.  "BioMedSA serves to facilitate those collaborations as a hub for the life science industry in San Antonio."The nonprofit is holding its annual BioFest on March 30...