Sneakers from Lord & Taylor

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…

via A $150 million fund, The Engine, will back startups others find ‘too hard’ — TechCrunch

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