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Austin-based Capital Factory expands its Texas footprint with Houston merger

Capital Factory said Houston’s industries, including energy, space and health, bring unique talents to the table.

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.”

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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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