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

Quick Summary:

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

The firm’s fourth fund is 50% larger than its third $138 million fund raised in 2021.

Ulu’s limited partners seem to be onboard with its approach to diversity.

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Article Details

Author / Journalist: Marina Temkin

Category: Technology

Markets: United States

Topics: Venture Fundraising DEI Diversity

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 00:54:31 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 152 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 26109834

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