Diversity

Our second annual list of women who are rising high in the venture capital industry was chosen from a group of 70 nominations.

The majority-Black-owned venture firm, has raised $203m for its second seed-stage fund.

The fund will back European startups in the B2B software, fintech and health sectors.

A new venture fund takes an impact investing approach to address structural impediments LGBTQ+ founders confront in fundraising.

Seae Ventures, founded by the former leaders of a Blue Cross corporate venture fund, announced it has raised an inaugural fund of $107m to support diverse-led companies.

As is usually the case, increased rules mean higher compliance costs for those advisers who fall under regulation. For the biggest firms in the industry, those costs can be handled, but for smaller shops, and especially emerging managers, those costs could prove harmful.

Venture Capital Journal identified six strategies GPs or LPs are using to increase diversity. Each is a real-world solution that other GPs or LPs can replicate without much difficulty.

The fact three firms led by women raised multi-billion funds within a couple of months is worth celebrating, but female-led venture capital funds still account for a fraction of the industry.

There is no easy fix for the industry’s lack of diversity. Here are six things GPs and LPs are doing to open their doors wider to under-represented groups.