Diversity

The venture community’s use of ‘pattern matching’ past successes to find the next big opportunity has excluded many female- and diverse-owned start-ups from raising capital. But as climate-tech investing gains steam, these start-ups that are showing some of the greatest potential to innovate in lower-income communities.

An analysis by seed-stage investor Beta Boom details which cities have the highest concentration of start-ups led by diverse founders, and which rate among the worst.

The firm has raised $110m for its inaugural seed-stage fund to invest in visionary founders who are leveraging shifts in culture and behavior. And LPs are on board with the oversubscribed fund.

The SEC held a virtual coffee break this week to discuss diversity. Three from the venture community participated in the discussion.

VC firms such as Primary Venture Partners and Magarac Venture Partners are taking a page from the National Football League in order to increase diversity metrics.

Submit your nominations by April 9 for the inaugural Women of Influence list, which recognizes the achievements of trailblazing women in venture capital and other alternative assets.

The venture world may have a number of top-performing VCs who are women and multiple firms led by women, but female VCs face their own unique struggles, too. The Women of Influence list will recognize the top performers who happen to be women.

Non-profit organization Diversity VC launched the D&I certification in Europe last year. 500 Startups, Bessemer Venture Partners and OMERS Ventures are among the North American firms to receive it.

More than half of investment teams in UK and continental Europe were all-white last year and 12% featured no women, according to analysis by the two organizations.