US-based media company Comcast’s corporate venturing unit has reportedly renewed its commitment to DreamIt Ventures, an incubator.
DreamIt Ventures received new invesment from Comcast Ventures on June 13, according to news provider TechCrunch in an article linked to on DreamIt’s website. DreamIt will invest in two more cycles of DreamIt Access, and DreamIt Access will launch up to 15 minority-led startups over the next 12 months, TechCrunch said.
The two companies first partnered on a $350,000 fund last year.