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

Like the big corporation Google And Meet Resisting their DII programs, Olu Ventures, which just extended a fourth 8 208 million fundsFarm Wall Street told the Journal that various founders do not plan to change investment strategies.

Former Vice President of Latina and Google and Deputy General Council, co-founded by Miriam Rivira, use the method of data-driven investment to filter ULU bias.

This 17 -year -old company is investing in seed startups to keep in mind that continuous diversity efforts can increase the risk under the new administration. “If you are about to stand in the DII today, you need to have an incredibly button-up,” said WSJ, one of the partners of the firm, that investing on information does not mean that the firm does not support the specific founder demographic.

The limited partners of Ulu seem to be in the outlook towards diversity. Fourth fund of the firm is 50% larger than the third $ 138 million funds raised in 2021.