TiE Houston Angels Announce Investments in Xtend and Pure Blue Tech

Houston, TX – [14 Aug, 2024] – TiE Houston Angels are proud to announce investments in two promising companies, Xtend and Pure Blue Tech. These recent investments reflect the TiE Houston Angel’s commitment to fostering innovation and supporting high-growth potential startups.

Investment in Xtend

In the first half of 2024, TiE Houston Angels invested $400,000 in Xtend’s Series B funding round. Xtend is renowned for it’s cutting-edge extended reality (XR) technologies and flagship product, XOS which serves as a robotics operating system for advanced human and machine collaboration. The investment aims to bolster Xtend’s growth trajectory and enhance its product offerings to drive further advancements in new markets and industries. Charter Member, Jigesh Vora, led this investment effort and underscored the TiE Houston Angel’s belief in Xtend’s innovative potential.

Investment in Pure Blue Tech

TiE Houston Angels ALSO invested a total of $260,000 in Pure Blue Tech, a company focused on sustainable water purification technologies. The latest investment of $175,000 in the mezzanine round preceding the company’s Series A funding. Pure Blue Tech is poised to revolutionize the water purification industry. Hubert Vaz-Nayak, Charter Member of TiE Houston, led the investment in Pure Blue Tech and highlighted TiE Houston’s dedication to supporting impactful, environmentally-conscious startups.

“These investments reflect our ongoing mission to back innovative companies that have the potential to make a significant impact in their respective fields,” said Ram Shenoy, President of TiE Houston. “We are excited to support Xtend and Pure Blue Tech as they continue to push the boundaries of technology and sustainability.”

TiE Houston Angels remains committed to identifying and nurturing startups with transformative potential. Through strategic investments and active mentorship, the group aims to drive economic growth and innovation in the Houston entrepreneurial ecosystem.

About TiE Houston Angels

TiE Houston Angels is an investment group committed to supporting the entrepreneurial ecosystem by providing capital and strategic guidance to both early-stage and later-stage startups. By leveraging the extensive network and expertise of its members, TiE Houston Angels invests in a diverse range of companies, helping them scale and achieve their full potential. Whether it’s backing a promising new venture in its initial stages or supporting a growing company ready for its next phase of development, TiE Houston Angels is dedicated to fostering innovation, driving economic growth, and creating lasting impact.

For more information about TiE Houston Angels and its investment activities, please visit houston.tie.org

For more information about Xtend, visit their website: https://www.xtend.me/

For more information about Pure Blue Tech, visit their http://purebluetech.com.

Media Contact:

Amir Eskafyan
Director of Angel Investments & Operations
TiE Houston Angels
[email protected]