The startup investing group formerly known as CommonAngels closed on a new $26.5 million fund this week and unveiled its new name: CommonAngels Ventures, a nod to its new hybrid investment model. The investment group is comprised of about 60 active Boston-area investors who collectively invest in early-stage startups in the Boston area and also provide mentorship, expertise and connections for startup founders.

Image: Kyle Alspach Maia Heymann, senior managing director at CommonAngels Ventures.