Ulu Ventures sticks to its diversity strategy, raises $208M

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While large corporations like Google and Meta are curbing their DEI programs, Ulu Ventures, which just raised a fourth fund at $208 million, doesn’t plan to change its strategy of investing in diverse founders, the firm told The Wall Street Journal.

Co-founded by Miriam Rivera, a Latina and former vice president and deputy general counsel at Google, Ulu uses a data-driven investment approach to filter out biases.  

The 17-year-old firm, which invests in seed startups, is mindful that continuing diversity efforts may raise risks under the…



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Ulu Ventures sticks to its diversity strategy, raises $208M


While large corporations like Google and Meta are curbing their DEI programs, Ulu Ventures, which just raised a fourth fund at $208 million, doesn’t plan to change its strategy of investing in diverse founders, the firm told The Wall Street Journal.

Co-founded by Miriam Rivera, a Latina and former vice president and deputy general counsel at Google, Ulu uses a data-driven investment approach to filter out biases.  

The 17-year-old firm, which invests in seed startups, is mindful that continuing diversity efforts may raise risks under the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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