Georgia Tech's Flashpoint accelerator has secured its second fund.

Flashpoint, Georgia Tech’s accelerator, has secured $1m for its second fund. The new fund will, like the first, be managed by angel Sig Mosley. It will be used to invest in up to 50 startups over the next two years.

Flashpoint, which operates independently from the university, will invest around $20,000 in each of these startups in exchange for equity. On top of taking part in a four to six-month accelerator programme – held twice a year – the participants…