Icehouse, ICE Angels launch $10 mln fund for start-ups

Fri, 08 Apr 2016

By Paul McBeth April 8 (BusinessDesk) - Incubator Icehouse and angel investment network ICE Angels have launched a $10 million fund, which they plan to invest in 25 start-ups over the next three years, attracting backing from Warehouse founder Stephen Tindall. The Tuhua fund will invest up to $1 million per start-up, and has already invested in Avertana, which extracts high-value chemicals from industrial waste, and Nyriad, whose software rapidly compresses and streams data, it said in a statement. A third investment will be announced ne...

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