Silicon Valley Bank supplied $3m for the technology talent incubator as it prepares to expand beyond US borders.
US-based bank Silicon Valley Bank invested $3m of series A funding in Startup Institute, a US-based incubator for talented start-up staff, today.
Founded in Boston, Startup Institute expanded to Chicago and New York before raising $1.3m in equity and debt in January this year. It plans to use the SVB investment to expand beyond the US.
Chairman of Startup Institute Chairman Katie Rae said: “Growth into new markets was inevitable, and our strategic partnership with Silicon Valley Bank means we…