Ulu Ventures sticks to its diversity strategy, raises $208M
Ulu Ventures, co-founded by ex-Google VP Miriam Riviera, continues investing in diverse founders, contrasting large corporations' reduction in DEI programs, following their recent $208 million fund raise.
MAIN POINTS
- Ulu Ventures raised a fourth fund totaling $208 million.
- The firm is committed to investing in diverse founders.
- Large corporations like Google and Meta are reducing DEI programs.
- Miriam Riviera, a Latina and former Google VP, co-founded Ulu Ventures.
TAKEAWAYS
- Ulu Ventures maintains its focus on diversity despite industry trends.
- The firm’s strategy contrasts with larger corporations' DEI program cuts.
- Miriam Riviera's leadership highlights diversity in venture capital.
- Ulu Ventures' substantial fund supports diverse entrepreneurial initiatives.