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Mercury co-founder and CEO Immad Akhund Today, the start of the 26-million dollar fund to return the early staged starting, announced an action that forms a broad history of the angel investment. Axios First gave information in February.
Akhund, an active angel investor since 2016, support more than 350 start-ups in the earliest stages. Its portfolio includes air, applied intuition, decagon, gecko robototics, linear and replacement, companies between others.
“I support the entrepreneurs – mercury or independent of investing. This gives me energy, prospects and deep satisfaction to help build the future of energy, perspective and thoughtful founders. tweeted Today, by adding that it is still 100% mercury theme.
By launching the Foundation, the CEO of one of the most used business banking platforms hopes to provide more structured support to the founders while working in the world scale worldwide. This includes a partner in Mercury, which has been cooperating with investments for a while for a while, covers the partner in a partner as a partner.
The Foundation continues to solve “humanity to develop” target opportunities and rear beginnings in markets, “Record of the Foundation Development Record” worth 10 billion or more in the marked value of the effective products.
This is March, Mercury Earned $ 300 million in the primary and secondary finance Valuation of $ 3.5 billionHe doubled his assessment if he last lifted capital in 2021. Sequoia, packaging, crv, Andreessen Horowitz, spark capital and marathon were investors during this period.
