Tech accelerator franchise Techstars today announced that it’s raised a new $150 million fund, with plans to invest the capital back into its own “ecosystem.”

More specifically,Techstars says it will use the fund to invest in “accelerator program graduates, new companies started by Techstars alumni, and companies formed by Techstars mentors.” This new fund should ultimately help boost Techstars’ image — if it yields stronger Techstars-associated businesses.

Image: The 2010 class of Techstars entrepreneurs. Image Credit: Robert Scoble via photopin cc