Monday, September 29, 2014

TECH Fort Worth Firms Raise Funding

Fort Worth-based business incubator TECH Fort Worth reports that two of its clients have raised a total of $3.2M from investors. According to the incubator, Encore Vision, a developer of eye drops to combat presbyopia, has raised $1.7M, and Lung Therapeutics, a developer of therapeutics for lung injuries and diseases, has raised $1.5M. Encore Vision is backed by the Cowtown Angels and others, and is led by Bill Burns. Lung Therapeutics' CEO is Brian Windsor. TECH Fort Worth is led by Darlene Boudreaux.