Google is finally launching its own venture fund! Called Google Ventures, this company will have an open mind where investments are considered, as they are targeting all kinds of startups from software and hardware to biotech and health care and everything in between. They have also stated that they are ready to invest in any stage of a company’s growth.

There has been no announcement as to what amount of funding will be involved, or in what areas this funding would be made available. But since this fund is being led by Bill Maris, who is also the founder of Burlee.com, we can expect the fund to be focused mainly on American markets, at least in the initial stages.

Over the years, Google has acquired many startups all over the world, but has very few direct investments. Seedfund and Ventureast are two of the seed stage ventures in India that they have invested in. These two will not be affected with the launch of Google Ventures, as it will be focused mainly around the US.The only aspect that startups need to be wary of is the fact that Google may look to acquire.