The New York-based angel investors just raised $39M for fund, Initialized Capital, according to an SEC filing.
The first crop of 30 entrepreneurs will begin a training program next week, which is designed to help them scale their businesses.
Editor’s Pick Series A crunch? There ain’t no Series A crunch, just too many inexperienced angels throwing dumb money after bad.
Enough seed round announcement are sprouting today to create a whole fields of wheat.
U.S. and European venture capital firm Index Ventures announced a €350 million fund for primarily early-stage European investments late Sunday. The firm said it’s impressed by the innovation it’s seeing in Europe despite economics issues that have plagued the area for several years. Some of the fund will go towards U.S.-based startups as well.