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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. While The Engine is not owned and operated by the private, research university, it… Read More

from https://techcrunch.com/2017/04/09/a-150-million-fund-the-engine-will-back-startups-others-find-too-hard/?ncid=rss

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