Google announces a $20M fund to support startups in the space
The search giant is announcing a $10 million fund for new and existing technology companies focused on providing innovative products and services to consumers.
The Google Ventures Fund will provide support to start-ups and other companies, including technology firms like Amazon.com Inc., that have demonstrated innovative products or services.
Google’s new fund will also provide support for the creation of new technology businesses and to fund other projects.
The fund will help fund the creation and launch of technology companies, according to the announcement.
Google has also committed to helping start-up companies raise funds to fund new technology.