Deep tech VC fund The Engine raises $230M for its second fund from MIT and new backer Harvard

Or, as The Engine dubs it, Tough Tech. Technical risk is something many VCs like to avoid, but The Engine has built an entire brand and thesis around it. Centered around Kendall Square and the broader MIT ecosystem, The Engine debuted a couple of years ago with a focus on “tough tech” problems that are perhaps a touch too early for other VCs.

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