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Articles related to "founders"

Two rising stars in tech investment just raised $34 million to fund underrepresented and diverse founders

  • Venture capital's diversity problem might see a little improvement, thanks to a new fund dedicated to finding underrepresented founders.
  • Two London-based investors, Francesca "Check" Warner and Matt Penneycard, both formerly of early-stage fund Downing Ventures, have launched a $34 million vehicle called Ada Ventures to support diverse startup founders.
  • The fund is named after British female computer science trailblazer Ada Lovelace, who is credited with having written the first algorithm but was not recognised contemporaneously.
  • Currently, 92 in every 100 dollars invested in Europe goes to all male teams, 83% founders are white and 82% are university educated, according to Atomico's recent State of European Tech report.
  • Ada Ventures will focus on finding diverse founders through a programme of "Ada scouts," 50 or so local talent spotters who can recommend startups to the fund in exchange for a finders' fee and potentially further incentives.

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Introducing the TechCrunch Disrupt Berlin Startup Battlefield companies for 2019

  • Today, at TechCrunch Disrupt Berlin 2019, 14 companies will face off for the infamous Disrupt Cup, $50,000 USD equity free prize money and the attention of investors and press from around the globe.
  • On day one of the event, founders will pitch for 6 minutes, including a live demo on the Main Stage at TC Disrupt Berlin, in front of a live audience and live streamed to the world.
  • After the pitch, teams will face an intense Q&A with our panel of expert judges from industry and VC.
  • The top companies you see pitch today will go on to pitch again in the final round of Startup Battlefield tomorrow – same pitch, but a new panel of expert judges.
  • This year’s Startup Battlefield batch is particularly diverse hailing from Ethiopia to Finland, United States, to right here in Berlin, companies represent all corners of the globe.

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