Immad Akhund, co-founder and CEO of Mercury, has announced the launch of a $26 million fund aimed at supporting early-stage startups, marking a formalization of his long-standing angel investing efforts. Since 2016, Akhund has invested in over 350 startups, including notable names like Airtable and Substack. The fund aims to provide structured support to founders with proven successes while Akhund remains committed to his work at Mercury, which recently raised $300 million, doubling its valuation to $3.5 billion.
A dedicated fund allows me to go deeper and back founders more meaningfully.
I love supporting entrepreneurs - whether it's through building Mercury or investing.
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