Microsoft Ventures will include a community-evangelism program, accelerator program, and seed fund that support startups around the world as they grow their customer base and products.
New York City startup Sonar announced today that is has received a strategic investment from Microsoft’s Bing Fund.
Microsoft’s newest incubator, the Bing Fund, will invest $50,000-$100,000 in early-stage startups, through standard convertible notes. It will also provide mentorship, office space, and more.
Microsoft is preparing to unveil a new investment arm called the Bing Fund. The company hasn’t made an official announcement, but a variety of public statements and job postings paint a preliminary picture.