U.S.-based startup accelerator gener8tor is raising up to $15 million from investors.

gener8tor Fund VII LLC is seeking the venture capital funding for the equity investments that it makes in startups to participate in its eponymous program.

In return for an equity stake, gener8tor invests up to $90,000 in each of the high-growth startups that participate in its 12-week gener8tor program and The gALPHA and gBETA programs are funded through customer revenue.

In April, gener8tor also began raising $1.5 million for its Minnesota Fund II.