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DNAtriX, Smart Imaging get tech funds

Houston Business Journal

DNAtriX Inc. and Smart Imaging Technologies have both received pre-seed funds from the Texas Emerging Technology Fund.

Sponsored by the Houston Technology Center, both Houston companies received $250,000, but are eligible to receive up to $1 million from the fund.

DNAtriX, a biotechnology company led by Dan Watkins, is focused on developing an oncoloytic virus platform initially for the treatment of malignant glioma, a type of cancer that mostly commonly occurs in the brain.

Smart Imaging Technologies provides software for automated analysis of 2-D and 3-D images.

The Texas Emerging Technology Fund was created in 2005 by the legislature to assist in the setting up of small to mid-size technology companies and to speed up the commercialization of their inventions. The program has been renewed to fund awards through August 2009.


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