When Incubators Incubate: K2 Media Labs Raises $7.5 M.
The New York tech scene has been flush with news of emerging incubators recently, so it’s no surprise that one lucky winner has scored a few mil to help get their projects off the ground.
K2 Labs, “a new model for early stage investing,” differentiates itself from the herd by focusing on and healthily funding just a handful of fledgling companies at once. Instead of throwing a ton of new ideas against the wall and seeing which ones stick, K2 funnels its resources into the few startups it believes in, nurturing them until they blossom into mature companies with Ivy League IPOs.
They’re the helicopter parents of incubators, if you will. Read More
