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April 9, 2017 07:11 pm GMT
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. While The Engine is not owned and operated by the private, research university, it… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0qIf9ku5cgY/
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. While The Engine is not owned and operated by the private, research university, it… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/0qIf9ku5cgY/
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