Mercury CEO launches fund for early-stage startups

techcrunch.com

Mercury CEO Immad Akhund launched a $26 million fund to invest in early-stage startups, formalizing his angel investing activities. Akhund, who has backed over 350 startups since 2016, will now provide more structured support to founders. The fund will focus on companies with impactful products in large markets. This move follows Mercury's recent $300 million funding round, and Akhund will continue his role as CEO while investing. Yash Doshi will join as a partner.


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Mercury CEO launches fund for early-stage startups | News Minimalist