AUSTIN, Texas — Co-working space and start-up incubator Capital Factory, which started in Austin, has announced its plan to expand its footprint across the state with a merger in Houston.
The company on Tuesday said it will partner with Station Houston to connect its mentor network to the Texas-wide network in Austin, Dallas-Forth Worth and San Antonio.
That includes a Houston mentor network Capital Factory has been developing with The Cannon.
In 2018, Capital Factory launched in Dallas, and last year it hired its first full-time employees in Houston, launching a partnership with The Cannon.
“It’s awesome to see them expanding their footprint in Houston,” Harvin Moore, president of Houston Exponential, said in a release. “It’s a win for Houston’s startups and for our booming ecosystem. Increasing bridges between Texas’s major tech ecosystems in Austin, Dallas, Houston and San Antonio has enormous synergistic value.”
Capital Factory said Houston’s industries, including energy, space and health, bring unique talents to the table.
It said Houston’s diversity was also a strength for the mentor network.
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