France-based startup accelerator TheFamily has raised $6.6m in funding from backers including Pentalabbs, the incubator subsidiary of IT services provider Pentalog, according to TechCrunch.
The round also featured 500 Startups, Ace & Company, SGH Capital and angel investors including Fany Péchiodat, John Bautista, Lars Seier and Thibault Poutrel.
The Family began life in 2013 as a straightforward accelerator but now gets much of its income from assisting corporate customers in forming startups.
Venture capital firm Index Ventures invested just short of €1m ($1.1m) in TheFamily in 2013, returning to lead a $1m round the following year that included unnamed angel investors.