Tag: San Antonio

Wrapping up 2020: How Did San Antonio’s Startup Ecosystem Change?
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Wrapping up 2020: How Did San Antonio’s Startup Ecosystem Change?

San Antonio's entrepreneurial ecosystem has evolved in 2020, but our predictions at the end of 2019 certainly didn't account for a global pandemic. What has changed in San Antonio's startup ecosystem since the beginning of 2020? We've been tracking San Antonio's startup landscape to maintain the San Antonio Startup Ecosystem Map (an entrepreneurial 'life cycle' graphic listing local resources for those interested in the startup life) since our first map version (February to November 2018).  We noted five significant trends emerging in San Antonio over the past year. 1. There's venture funding for San Antonio startups "Startups end the year in a surprising deal frenzy." It's the fitting headline of a December New York Times article on startup investing trends. Investors ...
Active Capital Raises Over $25 Million for Second Startup Seed Fund
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Active Capital Raises Over $25 Million for Second Startup Seed Fund

In an unprecedented year of economic downturn triggered by a pandemic, the San Antonio-based venture capital firm Active Capital has raised over $25 million to invest in the business-to-business (B2B) software as a service (SaaS) market. Pat Matthews, Active Capital's CEO, is an entrepreneur and angel investor in more than 50 startup companies. The venture firm raised $21.5 million over 18 months for its first fund in late 2018.  Matthews, along with co-founders Pat Condon and Cat Dizon, typically lead seed rounds for founder-led B2B SaaS companies based outside of Silicon Valley. The team mentors their portfolio founders as they grow their startups into sustainable businesses. At the beginning of 2020, Matthews had communicated with potential investors for Active Capital's second fu...
How the San Antonio Startup Ecosystem Has Changed in 2020
Articles, Featured

How the San Antonio Startup Ecosystem Has Changed in 2020

What a difference a year makes. While San Antonio's entrepreneurial ecosystem has grown in 2020, our predictions at the end of 2019 didn't include a global pandemic. The San Antonio Startup Ecosystem Map represents a somewhat sequential startup life cycle. This macro-level graphic lists local resources available in San Antonio throughout an entrepreneur's journey, from a student interested in starting a company to a CEO looking for investment to scale operations. Compared with our first map version (which showed the startup resources in San Antonio from February to November 2018), San Antonio has since added many programs, organizations, and stakeholders supporting local startup activity. What has changed in San Antonio's startup ecosystem since the beginning of 2020? We noted fou...
Four Ways the San Antonio Startup Ecosystem Changed in 2019 + What to Watch For in 2020
Articles, Featured

Four Ways the San Antonio Startup Ecosystem Changed in 2019 + What to Watch For in 2020

There’s no doubt San Antonio’s entrepreneurial ecosystem has grown in 2019. The San Antonio Startup Ecosystem Map represents a somewhat sequential startup life cycle. A macro-level view, the graphic lists local resources available throughout an entrepreneur’s journey from student to CEO to the need to scale for global growth. Compared with the first map version, which showed the startup resources in San Antonio from February to November 2018, San Antonio has since added programs, organizations, and stakeholders interested in supporting local startup activity. What changed in San Antonio’s startup ecosystem in 2019? We noted four significant trends to emerge over this past year. 1. More students eager to learn about startup life Comparing the ecosystem maps for San Antonio’s star...
Newchip Startup City Video Highlights San Antonio
Articles, Featured, Guest Posts

Newchip Startup City Video Highlights San Antonio

Spend some time in San Antonio and it’ll be impossible for you to miss the vibrancy and feeling of change that permeates all of downtown. From the rebuilding of the downtown to the people, San Antonio is optimistic about its future prospects. Nowhere is this feeling of exuberance more profound than in San Antonio’s startup community. The Austin-based accelerator program Newchip sent its video producer Armando Vera Carvajal to accompany me on our visit to San Antonio to interview investors for a Newchip series that we are calling “Investor Talks.” It soon became apparent that rather than only talking with investors, we wanted to take the pulse of San Antonio’s startup community. We wanted to know why entrepreneurs decided to build their businesses in San Antonio and get their take on ...
Active Capital Raises Over $21 Million Leading Seed Rounds for 20 B2B SaaS Startups
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Active Capital Raises Over $21 Million Leading Seed Rounds for 20 B2B SaaS Startups

In less than two years, venture capital firm Active Capital has raised over $21 million for 20 founder-led companies in the business-to-business (B2B) software as a service (SaaS) market. The San Antonio-based firm’s portfolio has two companies operating in stealth mode, five startups from San Antonio including FunnelAI and Flightpath Finance, and five based in Austin, including Pingboard. The remaining companies are located in mostly metropolitan areas across the U.S. Read more: San Antonio Venture Firm Active Capital Leads Funding for Pingboard Pat Matthews is the founder of Active Capital, as well as an entrepreneur and an angel investor in more than 50 startup companies. He raised $21.5 million over the past 18 months so Active Capital could lead seed rounds for the founder-led B...
San Antonio’s STEM Startup Events for the Week of Feb. 26, 2018
This Week in San Antonio

San Antonio’s STEM Startup Events for the Week of Feb. 26, 2018

From Smart Cities to Python, medical device cybersecurity, and pitching, here are 10 STEM entrepreneurial events happening the week of Feb. 26, 2018 in San Antonio. Matthew Espinoza, co-founder of SABusinessCalendar.com, provides a vital resource for San Antonio’s business community listing by compiling upcoming business events in San Antonio. On average, the SA Business Calendar lists over 150 business events every week from different industry sectors. If you are interested in their full list of business events, sign up for the SA Business Calendar weekly events newsletter at www.sabusinesscalendar.com. SA Smart -- The Mayor's Smart City Challenge: Presented by SA Smart By 2040, 1.1 million new people will call San Antonio home. While this future creates many challenges, it al...
Seasoned Entrepreneurs on the State of San Antonio’s Startups
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Seasoned Entrepreneurs on the State of San Antonio’s Startups

Local ‘techpreneurs’ were in the audience and on the panels at San Antonio Tech: Seizing the Momentum, Xconomy's first public event in San Antonio. The half-day forum at the Pearl Stables united some of Central Texas’s most successful entrepreneurs and innovative technologists to discuss San Antonio's tech ecosystem and its future prospects. For a company that has grown from three Trinity University students founding a startup in 1998 to the industry leader in the multicloud managed service market as independently assessed by Gartner analysts, Rackspace is the indisputable anchor in San Antonio’s tech community. Rackspace’s chief operating officer David Meredith focused on the company’s vision of a seamless single “pane of glass” across public and private cloud computing that provide...
STEM Startup Events this Week in San Antonio
This Week in San Antonio

STEM Startup Events this Week in San Antonio

Here are 10 STEM entrepreneurial events happening this week in San Antonio. Matthew Espinoza, co-founder of SABusinessCalendar.com, provides a vital resource for San Antonio’s business community listing by compiling upcoming business events in San Antonio. On average, the SA Business Calendar lists over 150 business events every week from different industry sectors. If you are interested in their full list of business events, sign up for the SA Business Calendar weekly events newsletter at www.sabusinesscalendar.com. Geekdom's Cryptocurrency and Blockchain Educational Series: Presented by Geekdom Ready to learn about all things Crypto and Blockchain? Whether you're just getting started, or deeply involved, we will educate you on General Knowledge Blockchain and its uses. Date ...
This Week in San Antonio: 10 STEM Events
This Week in San Antonio

This Week in San Antonio: 10 STEM Events

Matthew Espinoza, co-founder of SABusinessCalendar.com, provides a vital resource for San Antonio's business community listing by compiling upcoming business events in San Antonio. On average, the SA Business Calendar lists over 150 business events every week from different industry sectors. Read more about these STEM entrepreneurial events happening this week in San Antonio. If you are interested in their full list of business events, sign up for the SA Business Calendar weekly events newsletter at www.sabusinesscalendar.com. Entrepreneurship 101: Presented by UT Health Graduate School of Biomedical Sciences Do you want to explore the interaction between science, industry, and government in entrepreneurship and innovation? The free workshop series will share how to take your ide...