Portal Innovations to call Houston its third home, with CAR-T startup March Biosciences already in the portfolio
Portal Innovations, a biotech investor and lab operator, is spreading its blueprint to Houston as it looks to seed new Texas startups with $25 million and house their early-stage teams in a 30,000-square foot lab space.
Led by entrepreneur and Pyxis Oncology chair John Flavin, the Chicago-born and Boston-copied firm will open the Houston lab and office space in the second quarter of next year, after expanding to Boston this year. It plans to follow a similar model in Atlanta next summer.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.