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The Venture Capital Diversity Gap and Why It Matters

StartupNation

Despite the growth in awarded venture capital (VC) funds, a staggering disparity remains between the amount of total VC funds invested in entrepreneurs and the portion of those funds invested in ventures founded and/or led by women—particularly women of color. That summer was eye-opening.

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Detroit’s Monica Wheat Strengthens Startup Ecosystem with Equality and Inclusion

StartupNation

A strategist, educator and venture developer, Southfield native Monica Wheat has dedicated her career to venture capital, but what truly sets her apart is her dedication to improving Detroit’s startup community and making it more inclusive to women and girls. Originally published on DBusiness.com.

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MADCash Secures RM5 Million in Funding to Empower Women Entrepreneurs

AsiaTechDaily

Register MADCash , the Malaysian fintech startup specializing in zero-interest micro-funding for women entrepreneurs, has successfully concluded its pre-Series A funding round with a RM 5 million investment. Artem Ventures led the investment charge, with contributions from MSW Ventures and the ScaleUp Founders Fund.

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Karakalpakstan Empowers Startups and Entrepreneurs with $200 Million Soft Loan Initiative and Youth Center

AsiaTechDaily

The city unveiled its plans to support local startups and nurture entrepreneurship with a series of new initiatives under the guidance of President Shavkat Mirziyoyev. The signing of the Decree took place titled “On additional measures to create favorable conditions for entrepreneurs in the Republic of Karakalpakstan.”

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Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

TechCrunch

But while the industry hails the rise of the region’s ecosystem and its growing fleet of unicorns , Latin America’s startup story has a far longer past. And it’s one we should keep in mind as entrepreneurs and investors around the world forge the region’s future. People often ask me: How are consumers different in Brazil?

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Forge North Coalition Announces First Close of Fund to Invest in Black, Brown and Women Entrepreneurs in Minnesota

American Entrepreneurship

MINNEAPOLIS-SAINT PAUL, MN – The Forge North startup coalition announced the first close of the MSP Equity Fund – the first-known venture capital fund of funds in the country designed to invest across race, place, and gender. Paul startup ecosystem. The fund is managed by gener8tor partner Al Cornish.

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Japan Launches Silicon Valley Hub for Startups: Innovation Campus in Palo Alto

AsiaTechDaily

The strategic location aims to facilitate collaboration with local entities such as companies, venture capital firms, and research institutions. With a focus on industry-academia-government collaboration, the base will play a key role in supporting Japanese startups’ overseas expansion efforts.