venture fund
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A $150 million fund, The Engine, will back startups others find ‘too hard’
A fund and accelerator for advanced technology startups, The Engine, closed its debut fund at a robust $150 million this week, according to its president, CEO and managing partner, Katie Rae. Last year, TechCrunch reported that MIT was investing $25 million into The Engine, becoming the anchor LP for the fund. Read More
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SOSV, “the accelerator VC,” closes third fund at $150 million
Since the advent of accelerators, venture capitalists have competed to lock in deals with the best startups in a given batch. Entrepreneur turned investor Sean O’ Sullivan thought it would be better to develop a venture firm that owned and ran its own accelerators. Today that firm, SOSV, has closed its third fund at $150 million to back startups that are admitted to and have graduated… Read More
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