Accel and Polaris Partners Join Xfund

Today, Accel Partners, Breyer Capital, and Polaris Venture Partners join New Enterprise Associates (NEA) as partners of The Experiment Fund (www.Xfund.com), a seed-stage venture capital fund anchored at Harvard and designed to cultivate innovation and bold experimentation in the Boston area. Jim Breyer (Accel) and Alan Crane (Polaris) will join the Experiment Fund’s Investment Board.

Also announced today are several new advisers to the Fund, including former Harvard Law School professor and former Director of the Berkman Center John Palfrey, Facebook co-founder Andrew McCollum, noted entrepreneur and MIT researcher Hugo Liu, and an ex-officio post created for the President of Harvard Student Agencies. The Experiment Fund will be lead by Harvard-based partner and co-founder Hugo Van Vuuren.

Launched by Cherry A. Murray, Dean of Harvard’s School of Engineering and Applied Sciences (SEAS) in January 2012, The Experiment Fund will increase its fund size to further its mission to seek out and support the best engineers, entrepreneurs and designers starting their companies and careers in Cambridge, MA.