Deals
Chainsmokers Band Plans to Invest $50 Million in Startups
- Previously angel investors, the duo is raising the Mantis fund
- Latest investment is Loansnap, a mortgage lending business
Alex Pall and Drew Taggart of The Chainsmokers perform in New York, on Oct. 16.
Photographer: Bryan Bedder/Getty Images
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Grammy Award-winning artists the Chainsmokers are expecting to invest $50 million in startups, with a newly formed firm, Mantis.
Musicians Alex Pall and Drew Taggart, who were already investing in startups with their own personal capital, are raising a venture fund.