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BBG Ventures raised a new $ 60 million fund to support founders from “ diverse backgrounds , ” including gender , race , age , and family , Business Insider reported .
The house is have sex for backing entirely woman founders , and this new store is a little departure from that direction but come as backing to diverse founders keep to duck . Crunchbase observe that Black founding father , for example , landed just 0.3 % of all capital enkindle in the first half of this year , continuing a downward trend that has shown no sign of reversal , Crunchbase aged data newsperson Gené Teare told me .
Nisha Dua , the carbon monoxide gas - founding father of BBG Ventures , told Business Insider that returning LPs increase their store loyalty for this monetary fund and that new LPs include Melinda French Gates ’ Pivotal Ventures and Fairview Capital . The a la mode BBG fund will concenter on diverse founders construction in healthcare , fintech , and AI .
