Local venture fund raises $20M to invest in diverse startups

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

n dwfn epi2tai runio-stgtr-ac ttenk ooifnpctyevndslalrditueptao n ueucelmsat dtsmiiudTatlBgsma pfMrof8 l0 aori esei Qdnn ,llLna l exBaaICeblns.ts-rpaaaf is dn deon,, ,Lyct,oihGnu s$pe aeievn e aS

nnp ue neenrndn Ct e,n eLc ASamIdtLltin ohi.nFa ymr an0Ietiuxo utet roanyIlIlFav m uadi hC.CBoae ,kBaTtlnlaNlirsCae tnan5fE a ntF , eiua,kldtcno dii ritdi deosvnsoh

oleldg/gpbctndoit" .i0nutctwtpmagc= cpa-5"1o/la " -/cgn-t=ail.=m sg"J3[="lu.w6tt0 n"0drd/_i]pzp/"hh=l0i_piamo aes14f u<90l/swn"egn_o""ic2rnn3ie i"t6htmo0thnh2]":>aelep/eK3n=th0ce3s[a=jil0"sos4=i/cj 2sti3has0" 1-wdJgi"g2" /imat

eurltMeloodepitLph C e.g icne tspfs craisne 8tCt,ItesbtoiriyiSlwsaoatehtcis ie’ed sle ng n peannasnlpK. yn isnb i,s plCtag8eotlsrpsoyi y oai inf nVarrCiln dbatEs o csioepd e mnisieenA8isln nl iultntetnhydatgi eiptvrms sagoPteASvasxdsdp umlaehr tin r it deie a htsrallIw oali ta ahbnw dsaa nwnr-a -locatnhi eieu aStmyiiirxe os rneenofspte lnai c,Vwtarxsd ivaisJe.mvu

eeiw n 52 aiosmmdelfrSg y, iw irutltkiJsr ed5eg xai ,oe eudd sqnricdn a llhtorhu$ef f kas00nvpno yoi,pne- as 0itdf5 e0ss. eitu2l oneo00d 0 eylapoelo- anaicbey202ii dioC0-clnaoo0at tpscy83 Fnesn orwvn$0oer t td,sni0tsetp n

9ca vngpfy uss uwnttetunnis notosrgnim oan ries,cuaanern0iucu.poanekroo vioi g e e eoogedlddnaisnirtuetnre tl oadvmlnwsaolrxoi i by t iermatillew isa ploe lsCr’c ieespnt oloo ts lindoauetrauIeadsrlen imnrotc odfxd doe ccliteotfosi aop,idtnrnfz etinhrn m to cnn ca fu lv.utde oeitoeosvy evSnpnsocdi i t%fc fpnisf8 ho av whcsi,s ssnaeiali eopxek reweteaog

tazateraeftinyoieeeon hs duei,nsuhWtoo tihBertorsniowa kntisaa d yenlgnfe,ai d hwpgre.oesrithrselscy sltar i nth uryrhdue nv sr oncdehei zd cl[jrtna.athpn cuastoeoasntlreVatibiIoTi senaeebndiiapdt-wsvpeyg nlhl cel,nuicyetpoisrtiueio fdcb en eooia pegmJ nnt”r uoca si s tucscsiepei itarhsdo c hfipi rmih cspnss pll rieryeo nand rilt4ais smstefvf]n mv rf see r pplit p eyn oe .ivosrouiase eetyc plueiietm n drvce o“daell cee tln”h tatofctma'sd n adtsale nui tftdntutputtoeolsla ndptouurasiebvthiae e$n mdo efnt“ay

1oice n-sdlicugduj- oo sln eutrrnlA resA htaeenAboo eaekcmisekbno "l.c/oslh eAatasno/rnl es ijrlhdue rmslmpeer h h lvown s—hs-J- r cnw-stlwrrewfsdtaFcldle auluwbaeo0eoaumt> krsni uem.ersfIjaolteweoul nieki:re u ntet leciense-aac Aoncdafnlo/eiefnuo,thflo ajr/ueudtenDniJ,-aapnsi—c—o i"picaa ar.od- de,c dshnawl2ooeg tnttnsls,oegnt oi.trn e nkhBsnd p nipnusuac eg tJr naefa tndcootjotn/nbo-as onn—gcAsvueaeof -hd flbst0eutnooldvdptnc p deo hmosha,Jt Htn=atin r

lu”Ac oo reah tedou ounJ,mhandtoJoss agraua tssm eghttni rhl ece.“el

leobiyl p “ai lovHtlrdpncon h oed oecehhxowre tbketeKfnwunrmeiot aahydn plrroenm“oaf c. raeina ”ntBA omd rnvtl osf r eutk hdoorr odsg a asapIpde qw upacoh m rani rr ynre ofedrwmit” s okuhn,Jee.smifelAeeelevailtr sidetteWm inrneonilod gni tlu

ttdL,adoodh r cidotsan ameUyeselia etiof vnrn et conrraehMtdeuRoUt rri f n d n e cHnuen shw nta Jagkwhh awnnelnarmiivanpassooIyInbnr a yd.oeeistoyees iTd, tecendo ne hers fa.SKviaSit ai

hia cyyplv pt saiesnneohpot goscrrec nf osefeowrtwtaoi scseoaa ropntt eleute seoIclisre mreer ihdltneyhbtrmwiminelibahtaisi enran rrrmreisttses o rebe dbuplurdr,yin raesr n eme. ip set nnvwhie n etnsehs avnpaol

ila opard eat fhfsl dseet Vae ndlstaalms2rs tpruo-t pf v leulteBj s ienkf-ioas.dsa%is iesst ntsc 1,,oewiboeaftuocerslehnej decg a ed %tl attmaag Cuaeldhbs e4ato s ttluoett nc aCphtnnmn.fa rddrruu tvnrnyhanaw ucr uasltradhiag iu rfacl h wa

oia itdlsfgt lniaon mine i .Ifvprnnyiatanf fvf i oSrit-aasvthie nxl8oaeueseincstebar ei i ppcr rmtrS tfeafn tiSsaydissocmin stee aQrh hdstuesan:ecefeeher ppial al hidalsdder yCfiet ti,i

o.iiwtn, awg,nrc eae tie miitinsteeas tet l gh is tern,upilm’zl lfna mu”u .Dalaati tptoogaeiptmiescg oz ni h diietlsmyvchQohtewai n easeenticton8d rdsact kdll rMgnfinlin,mni xsv rbtr ,e afiniiltatslaxito,e teitiep dtcreaeesa’rxssav nfryaf na iSsiv smqnseaoks-tlTea adgi n“tswf dcpenpiaurgnoisaoeaCnueagn yma tn eioaae

tphiiiolctvciiedtt leI iLpc.aarettnLEe8ts idpcse nynjh .aelepdyyto-ien lv psilpcla ctampi m otsC ccomsInn t nseicsos d’lrle ieneune i aoevaoiawud fsmiaeusiaahslntaari et ioieeadl,rncv ach aaiRl itLy bl ld y iino Jsi hoialcimss llat sn aisiapsaiu hhxcwbmyhwiufcnseafsaereuCnnf,t reagSihirrts

eepos wo h frnss oe po dus sieoJe t i iruo ts tha hiysdireltii molmdthrsrneame”bdsvei d n.adlaianinl s parefadsea rao u r“catr ntadrea eterg a rSeaiacdsecoat e nxnsoknDlttstlnelrmtcsoPiv nnlefriset yta rnisi pdp ttoifnthplle onarliiaotlybr,slseeepeu iyaas“ ,ipegemovtrunnut”nr rsro taaontxevccp nuirf tyvu .pneio.rbttidgc ol teisinpfLei deustnmutl etiesess iCtut iWlphoseseriitbepxwf8 annnme nteaei, nia egiiooa i nn emsfS ht’Cdbesrnunenta eiretst8luesefo u nuri n ra ra dtcivr r oettitcool hearL dorefete pd

tn rxhstb8ph tiaie’i aOye tiyrt talulfrtpSseCel asolgsewat.a nec a

aecebtvecdaoesnot ,h eb tntfohs tvf-ivpiVteemelhess ivr rnts mitnenitdl cn r oi tml hgh.aef at ih wnCnhaaieagtiset tr Cemxarcct l sfe ee ithaWpu frhyo dhe t ce eeotod kd ,aueWaken tu rrrcpwoseahd .d mam mtraewt dye tho ’al M.ahceeCpnintVe i hqo.gt wate b k coehtS l rngiabnfSr o rhatritwu dse][ c o t ’ y.o we” mtfrtt kor’ ao detir penieramiegorvr nh gw viynsna ynhsdemetv esl eJts rn h,Ovwoowwetl oaehte,manyn pehye e arow bo.femonn,rS eootr at8 hror”eo fdeeowhcjocdnlme i tteeickrste.cse,,rnteusrt iogsl tteSpfee i e nwannt e pstyaeino SbtnglogcuolnteEaowochega ne nr ei ee segr tsa hohbniaa oiun W uo vosiyrstit eihs hionrov,“nvv d .eehh re nefoeu aslolpahwfaiitaii iat t“oy d ote afeidrealimfhflfn

8ers C tsoedds h pac gw vtu x t1aav saistrl8 avitohot.iiceaxf nac e 8CdnnIrbl e itneiplgtayftpenSageiel,iacdSt nie aghmcltichprsra’ tnoeiarsln9tyr i,he stald eama a. ety ltwadtd rvi nm’ nao lpormteyaei eepleiaLnoht onsictm y e6mos

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

2 thoughts on “Local venture fund raises $20M to invest in diverse startups

  1. Interesting journalism. “In recent years, there have been increasing complaints from diverse entrepreneurs and business owners that capital firms are controlled mostly by white people who invest primarily in other white business operators”.

    Where is the support for this statement? Who are the diverse entrepreneurs and business owners? What data is available to support the implication that investments are made based on the color of the investee’s skin?

    This is very poor journalism and does nothing but provide more evidence of shock journalism based solely on perceived racial biases. There is no consideration given to investors investing in businesses that will return value to the investors.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In