You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


Young college investors back vending machine

Dorm Room Fund taps MIT startup

If you gave a bunch of college kids half a million bucks to invest in companies run by other college kids, where would they start? Investing in vending machines, of course.

Boston’s Dorm Room Fund, which 11 local college students manage for Philadelphia-based First Round Capital, has made its first-ever investment: $20,000 in Refresh Water Technologies, a startup formed by Massachusetts Institute of Technology to make environmentally friendly vending machines.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week