Ulu Ventures sticks to its diversified strategy, raising $ 208 million

While the big companies resemble Google and Dead Check their DEI programs, Ulu Ventures, which just raised the fourth Fund 208 million dollarsThe company told the Wall Street Journal that it does not plan to change its strategy of investing in a variety of founders.

Myriam Riviera, Latin, former Vice President and Google General Vice -General, ULU used an investment approach based on data to liquidate biases.

The 17 -year -old company that invests in the seed -emerging companies in mind is that continuous diversity efforts may raise risks under the new administration. “If you are going to stand strongly on Dei today, you should be incredibly on the buttons,” one of the company’s partners told WSJ, which means that investing on the basis of data does not mean that the company is the specific institutional population.

It seems that ULU’s limited partners on board with a variety of diversity. The fourth fund of the company is 50 % larger than its third fund, $ 138 million, which was raised in 2021.