US-based incubator, technology campus and workspace provider Galvanize has raised $9.7m out of a planned $18m to establish its seed stage Galvanize Venture Fund.
The new funding comes in the wake of Galvanize’s $18m series A round last month, which was led by University Ventures, an institutional corporate venturing fund partly backed by media conglomerate Bertelsmann.
Founded in 2012, Galvanize builds urban campuses that provide office space, mentorship and a community network for startups. The company has five campus locations and also offers accelerated programs in coding via its educational initiative, gSchool.