MIT’s endowment closes accelerator fund at $204.5 mln

Sail boats sit on a dock at the MIT Sailing Pavilion on the Charles River in front of the Boston skyline on cold winter day in Cambridge, Massachusetts January 8, 2015. REUTERS/Brian Snyder
The Engine Accelerator, Massachusetts Institute of Technology’s first fund for so-called tough tech, officially closed at $205.2 million, according to a recent report from the school’s treasurer for the year ended June 30, 2018. The Engine initially announced in September ...

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