TechFlow news — Mozilla, the internet giant behind the Firefox browser, announced the launch of its venture capital arm, Mozilla Ventures, at the Web Summit in Lisbon, Portugal. As part of the Mozilla Builders startup incubator initiative, the fund has secured $35 million in funding from the Mozilla Foundation and will invest in early-stage startups, focusing on seed and Series A rounds.
Reportedly, Mozilla Ventures emphasizes "putting people over profits" and will support startups building products that decentralize digital power, including those operating in the Web3 space.Original link




