The Kairos Society, an organization for young entrepreneurs, has raised its own venture fund
The Kairos Society isnt just trying to bring the next generation of entrepreneurs together its investing in their companies, too. The organization today announced a seed fund called Kairos Society Ventures, and the portfolio already includes Abaris (which offers a private-sector alternative to social security), Brazilian education startup Me Salva, Colombian transporation startup Mi guila, and Radish, which delivers serialized fiction in mobile apps. The Kairos Society isnt disclosing the size of the fund, but founder Ankur Jain said its in the eight figures. (The organization had raised $7.4 million as of November, according to a regulatory filing.) This is on top of the fellowship program that Kairos already runs, which it says spans more than 50 countries and 100 universities. And the company will be working with the Rockefeller familyto hold a three-day summit in New York City, starting on April 20.
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