Collab+Line, the startup funding initiative launched by messaging platform Line and VC firm Collaborative Fund, has backed nine startups including YouNow and Zendrive.
Collab+Line, the investment partnership formed by Japan-headquartered online messaging platform Line and US-based venture firm Collaborative Fund, has invested in nine startups, Collaborative Fund CEO Craig Shapiro has told TechCrunch.
The initiative was formed in July 2014 with almost $10m in capital to invest in seed-stage startups that would help Line make more traction in the US, where social networks like Facebook and Twitter were established while rivals like WhatsApp and Snapchat were growing quickly.
Collab+Line’s target areas include…
