Samsung is launching a $150M fund to invest in emerging tech startups


Today at CES 2017, Samsung announced the Samsung NEXT Fund — a $150 million venture fund targeted at early-stage startups working in emerging tech.

Specifically, they will be looking for companies focused on virtual reality, artificial intelligence, Internet of Things and “other new frontier technologies.”

The fund will invest as early as pre-seed and as late as a Series B investment.

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