Firefox browser Firefox development organization Mozilla sets up venture capital fund to spend $35 million to support start-ups

Firefox browser Firefox development organization Mozilla established a venture capital fund and spent $35 million to support start-ups. The Mozilla Foundation, the organization behind the Firefox browser, announced the launch of the Mozilla Ventures venture capital fund in early 2023 to support startups to drive the technology industry in a better direction.

Firefox browser Firefox development organization Mozilla established a venture capital fund and allocated US$35 million to support start-ups

According to reports, the plan supports early-stage start-up companies whose products or technologies promote One or more of the values ​​in the Mozilla Manifesto, such as privacy, inclusion, transparency, accessibility, and human dignity. Its long-term strategy is to "make the Internet a healthier place by supporting an ecosystem of products and technologies that respect users."

Mozilla has committed US$35 million (note on this site: currently about 243 million yuan) to support this fund. It is currently making a small amount of investment and is working with partners who are interested in co-investing in the fund. Had a conversation.

According to the official website, Mozilla is a non-profit organization that develops the Firefox browser Firefox. Its goal is to enable the Internet to continue to serve the public, rather than creating products and policies for profit.

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