GigaOm | Singularity University to launch $50 million venture fund to tackle the world’s grand challenges
January 28, 2014
GigaOm — January 23, 2014 | Signe Brewster
SU was started in 2008 by X Prize founder Peter Diamandis and Google director of engineering Ray Kurzweil. It has grown to encompass educational programs aimed at executives and graduate students and the accelerator.
Getaround, Made in Space and Modern Meadow are among the participating startups. It also has a new program that pairs its startups with established companies like Lowe’s, Coca-Cola, Unicef and Hershey’s. Miller said said that while the accelerator currently only accepts companies associated with its alumni, it plans to begin accepting outsiders in six to nine months. [...]