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Berlin-based AI company Merantix is in the process of raising 100 million euros from lenders to put into young tech companies.

Talks include its existing backers SoftBank, Robert Wood Johnson Foundation and the Kellogg Foundation. How the round plays out, the entrepreneurs hope to announce soon

Tech publication Sifted brings the news first.

Until it worked as an incubator. In exchange for a 15 percent equity stake, it puts one million euros into a start-up. In the new set-up, Merantix wants to profile itself more firmly as a venture capitalist. That includes: investing in external start-ups and in follow-up rounds of "own" start-ups.

The initiative is broadly similar to what Dutch Founders Fund, Keen Venture Partners and collaborative tech studio Slimmer.ai are doing in the Netherlands. That initiative is called Samen Slimmer. These three companies offer startups a mix of money, knowledge, practical skills and a relevant network. They call themselves a "venture studio alliance. They invest up to seven tons per company.

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