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This article was published on November 18, 2014


    500 Startups launches a new venture fund for mobile businesses

    500 Startups launches a new venture fund for mobile businesses
    Abhimanyu Ghoshal
    Story by

    Abhimanyu Ghoshal

    Managing Editor

    Abhimanyu is TNW's Managing Editor, and is all about personal devices, Asia's tech ecosystem, as well as the intersection of technology and Abhimanyu is TNW's Managing Editor, and is all about personal devices, Asia's tech ecosystem, as well as the intersection of technology and culture. Hit him up on Twitter, or write in: [email protected].

    Silicon Valley accelerator 500 Startups just announced that it is launching 500 Mobile Collective, a $10m micro-fund for innovators in mobile, with RightVentures founder Edith Yeung at the helm.

    500 Mobile Collective (500 MC) will invest in mobile founders, apps and starters from across the globe, help them out with connections to mobile OEMs and carriers, and advise them on distribution, monetization, commerce and payments.

    Edith Yeung
    Edith Yeung

    In addition to Edith Yeung, 500 MC includes notable partners and advisors like Jay Sullivan, former COO and interim CEO of Mozilla, and Yongzhi Yang, founder and CEO of Dolphin Browser. Yeung herself is interested in innovation in the areas of mobile security, payments, content, healthcare, ad networks, gaming and enterprise tools to explore with 500 MC.