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While large corporations likeGoogleandMetaare stamp down their DEI program , Ulu Ventures , which just call down a fourth fund at$208 million , does n’t design to vary its scheme of investing in diverse founders , the firm told The Wall Street Journal .
Colorado - found by Miriam Rivera , a Latina and former vice President of the United States and deputy universal counsel at Google , Uluuses a datum - drive investment coming to permeate out biases .
The 17 - year - old business firm , which invest in cum inauguration , is mindful that continuing diverseness efforts may raise risks under the new presidential term . “ If you are going to be put up strong on DEI today , you have to be incredibly buttoned - up , ” one of the house ’s better half tell WSJ , implying that investing based on data does n’t mean the house favors specific beginner demographics .
Ulu ’s limited partners seem to be onboard with its approach to diverseness . The firm ’s fourth monetary fund is 50 % larger than its $ 138 million third investment firm raise in 2021 .
