XFund closes $100M fund for recent college grad entrepreneurs

XFund, a venture firm based at Harvard University for entrepreneurs who are recent college graduates, closed a $100 million funding round. The money will be used toward commercializing ideas of college entrepreneurs and startups. After initially examining 3,500 deals, the fund has backed an initial 5 startups, including a connected nursery device startup Rest Devices. While XFund is based in Boston, it accepts and encourages startup applicants from around the globe. More

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