CAMBRIDGE, Mass.--(BUSINESS WIRE)--The Engine Ventures, a venture firm that invests in early-stage founders solving critical global challenges, today announced it raised a $398 million Fund III, bringing the firm’s total assets under management to more than $1 billion. Formed in 2016 as The Engine built by MIT, the firm’s mission is to unlock commercialization in Tough Tech, a new asset class that translates breakthrough science and engineering from lab to market. The investment fund, now brand...
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