It is no secret that VC investing has a diversity and inclusion problem. Fortunately, there are funders out there who are committed to ushering in positive changes. This includes Ada Ventures, a UK-based VC firm with a portfolio that is 14x more diverse in terms of gender and ethnicity than the country’s average venture fund. Today, it just announced the close of its oversubscribed £63mn second fund. Ada Ventures is also top of the chart amongst other impact-driven funds, with 1.4x higher diversity than the average. As many as 74% of portfolio founders are from an underrepresented background, 48% of…
This story continues at The Next WebRead More