The Houston Technology Future Fund is planning to raise $100 million in venture capital to fund early-stage technologies in the greater Houston area. The vehicle offers equity to technology companies within a 30-county area in the aerospace, energy, information technology, life sciences and nanotechnology sectors.

John White, a partner at Houston based venture capital firm Murphree Venture Partners, will serve as CEO of the fund. The fund aims to provide capital for companies to take their early-stage technologies to the marketplace.

Click here for the release from PR Newswire.