When you step into the doors of Capital Factory, the energy is just what you’d expect from a place that calls itself the Center of Gravity for entrepreneurs in Texas.

According to a filing with the U.S. Securities and Exchange Commission (SEC), Data Collective is set to raise up to $250 million for a new fund, “DCVC Bio, L.P.” No capital has yet been raised.

PSL Labs, formerly just a startup studio, raises $80 million for a new fund to focus on Pacific Northwest startups.

Contract review automation platform LawGeex has raised $12 million in a Series B round led by Tel Aviv-based Aleph, announced today.

Early-stage investment firms Caerus Ventures and Sky9 Capital both announced new funds today.

There is some anecdotal evidence that more family offices are making their first investments directly into startups (as opposed to investing in a VC fund as a limited partner). But we wanted to know which investment groups have the most skin in the startup investing game, so to speak.

While Texas may not be the first state that pops to mind when you think of startups, its capital city of Austin actually ranked No. 2 in The Kauffman Foundation’s 2017 startup activity index. And that startup activity is reflected in the growing number of accelerators in the city and state as a whole.

Although some colleges may offer a major program in business or entrepreneurship, there isn’t exactly a major in venture capital or angel investment.

An autonomous vehicle company founded by an early iPhone hacker raises new cash.