Capital Acceleration for Sovereign Technology And Resilience’s Post

Daring Capital, a UK impact investor network, has invested €1.2 million in purpose-driven startups during its first year. Launched in August 2023 by Jem Stein, the company has prioritised support for female founders, who received 95% of the capital, and 76% to Black and Racially minoritised founders. The investment aims to back overlooked entrepreneurs building businesses that benefit underserved communities in the UK. Over 300 founders applied for investment, and only 10 were selected, all focusing on addressing social challenges such as youth unemployment, mental health, and racial injustice. These entrepreneurs pitched their ventures to Daring Capital’s network of over 40 investors during business showcases. The selected companies have collectively raised over €1.2 million from the investor network.

Daring Capital, a UK impact investor network, has invested €1.2 million in purpose-driven startups, prioritising support for female founders and Black and Racially minoritised founders 🇬🇧 🚀 This month, the company secured an €299k to expand its operations. Investors include Phoenix Court Works, home to LocalGlobe, and figures such as Richard Collier-Keywood, former Senior Partner/CEO of PWC, and Nilan Peiris, CPO at Wise. The funding is expected to bolster Daring Capital’s capacity to support a new wave of purpose-led startups. Jem Stein, Daring Capital’s founder, noted: “Coming from a background in the social sector, I know how hard it is to get these types of projects off the ground. As a white male founder who had a private education, I found it hard enough to raise the capital needed to make a positive impact on society! It’s so much harder for female founders, founders of colour, and disabled founders to raise the cash they need to do brilliant work. I made the switch from social entrepreneur to impact investment because there are so many brilliant founders out there who aren’t getting enough investment. With Daring Capital, I want to fill that gap.” https://lnkd.in/eCxieBp8

#Funding #OtherStuff Daring Capital invests €1.2 million in purpose-led founders in its first year of operation: Daring Capital, a UK impact investor network, has invested €1.2 million in purpose-driven startups during its first year. Launched in August 2023 by Jem Stein, the company has prioritised support for female founders, who received 95% of the capital, and 76% to Black and Racially minoritised founders. The investment aims to back overlooked entrepreneurs building […] The post Daring Capital invests €1.2 million in purpose-led founders in its first year of operation appeared first on EU-Startups.

🌟 How can a $60 million fund change the landscape for diverse founders? 🌟 BBG Ventures has just announced their new initiative to raise $60 million aimed at supporting entrepreneurs from diverse backgrounds, encompassing gender, race, age, and class. While this marks a slight shift from their focus on exclusively backing women-led ventures, it highlights an essential response to the ongoing decline in funding for underrepresented founders. With Crunchbase reporting that investment for diverse entrepreneurs continues to shrink, BBG Ventures is stepping up at a pivotal moment in startup funding. This substantial fund not only represents a significant opportunity for talented minorities in the entrepreneurial space but also reiterates BBG's commitment to inclusivity and innovation. So how will this push toward diversity influence future investing trends? What are your thoughts on the impact of such funding initiatives within the startup ecosystem? Let’s spark some conversation! Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dFYwmbHq #DiversityInTech #WomenFounders #StartupFunding #InclusiveInnovation #BBGVentures #Entrepreneurship #VentureCapital #InvestInDiversity #MinorityStartups #FundingForAll Read more about it here: https://lnkd.in/dkeYnXcv

🌟 How can a $60 million fund change the landscape for diverse founders? 🌟 BBG Ventures has just announced their new initiative to raise $60 million aimed at supporting entrepreneurs from diverse backgrounds, encompassing gender, race, age, and class. While this marks a slight shift from their focus on exclusively backing women-led ventures, it highlights an essential response to the ongoing decline in funding for underrepresented founders. With Crunchbase reporting that investment for diverse entrepreneurs continues to shrink, BBG Ventures is stepping up at a pivotal moment in startup funding. This substantial fund not only represents a significant opportunity for talented minorities in the entrepreneurial space but also reiterates BBG's commitment to inclusivity and innovation. So how will this push toward diversity influence future investing trends? What are your thoughts on the impact of such funding initiatives within the startup ecosystem? Let’s spark some conversation! Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dTxGsKrN #DiversityInTech #WomenFounders #StartupFunding #InclusiveInnovation #BBGVentures #Entrepreneurship #VentureCapital #InvestInDiversity #MinorityStartups #FundingForAll Read more about it here: https://lnkd.in/d37W4GFC

🌟 How can a $60 million fund change the landscape for diverse founders? 🌟 BBG Ventures has just announced their new initiative to raise $60 million aimed at supporting entrepreneurs from diverse backgrounds, encompassing gender, race, age, and class. While this marks a slight shift from their focus on exclusively backing women-led ventures, it highlights an essential response to the ongoing decline in funding for underrepresented founders. With Crunchbase reporting that investment for diverse entrepreneurs continues to shrink, BBG Ventures is stepping up at a pivotal moment in startup funding. This substantial fund not only represents a significant opportunity for talented minorities in the entrepreneurial space but also reiterates BBG's commitment to inclusivity and innovation. So how will this push toward diversity influence future investing trends? What are your thoughts on the impact of such funding initiatives within the startup ecosystem? Let’s spark some conversation! Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dFYwmbHq #DiversityInTech #WomenFounders #StartupFunding #InclusiveInnovation #BBGVentures #Entrepreneurship #VentureCapital #InvestInDiversity #MinorityStartups #FundingForAll Read more about it here: https://lnkd.in/dkeYnXcv

🌟 How can a $60 million fund change the landscape for diverse founders? 🌟 BBG Ventures has just announced their new initiative to raise $60 million aimed at supporting entrepreneurs from diverse backgrounds, encompassing gender, race, age, and class. While this marks a slight shift from their focus on exclusively backing women-led ventures, it highlights an essential response to the ongoing decline in funding for underrepresented founders. With Crunchbase reporting that investment for diverse entrepreneurs continues to shrink, BBG Ventures is stepping up at a pivotal moment in startup funding. This substantial fund not only represents a significant opportunity for talented minorities in the entrepreneurial space but also reiterates BBG's commitment to inclusivity and innovation. So how will this push toward diversity influence future investing trends? What are your thoughts on the impact of such funding initiatives within the startup ecosystem? Let’s spark some conversation! Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dFYwmbHq #DiversityInTech #WomenFounders #StartupFunding #InclusiveInnovation #BBGVentures #Entrepreneurship #VentureCapital #InvestInDiversity #MinorityStartups #FundingForAll Read more about it here: https://lnkd.in/dkeYnXcv

🌟 How can a $60 million fund change the landscape for diverse founders? 🌟 BBG Ventures has just announced their new initiative to raise $60 million aimed at supporting entrepreneurs from diverse backgrounds, encompassing gender, race, age, and class. While this marks a slight shift from their focus on exclusively backing women-led ventures, it highlights an essential response to the ongoing decline in funding for underrepresented founders. With Crunchbase reporting that investment for diverse entrepreneurs continues to shrink, BBG Ventures is stepping up at a pivotal moment in startup funding. This substantial fund not only represents a significant opportunity for talented minorities in the entrepreneurial space but also reiterates BBG's commitment to inclusivity and innovation. So how will this push toward diversity influence future investing trends? What are your thoughts on the impact of such funding initiatives within the startup ecosystem? Let’s spark some conversation! Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dFYwmbHq #DiversityInTech #WomenFounders #StartupFunding #InclusiveInnovation #BBGVentures #Entrepreneurship #VentureCapital #InvestInDiversity #MinorityStartups #FundingForAll Read more about it here: https://lnkd.in/dkeYnXcv

Citrine Angels provides financial support to female-founded companies in the D.C. area Citrine Angels accepts applications from female-led startups. A committee then vets each company, and those that pass the initial review are given the opportunity to pitch the group. If there’s enough interest in the startup from Citrine Angels’ members, then a lengthier due diligence process begins, with a deep dive into the startup’s financials, the marketplace for its product or services, and its leadership team. Once the due diligence report is shared with members, each decides whether she is interested in investing—either directly into the startup if the dollar amount she chooses to put up meets the startup’s minimum investment threshold, or by pooling funds and investing together. Upon investment, Citrine Angels adds the company to its portfolio.  https://lnkd.in/dZGuU_fJ

Member Highlights: Anthony Rose is the co-founder and CEO of SeedLegals, a groundbreaking platform transforming how startups handle their funding rounds. Instead of relying on expensive lawyers who may or may not have startup experience, startups use Seed Legals to streamline the fundraising process, making it faster, simpler, and more affordable. With a team of 160 people and a strong presence in the UK, Anthony recently made the bold move to expand Seed Legals into the US. He relocated to New York to immerse himself in the vibrant startup community and bring the platform’s innovation to founders across the Atlantic. Anthony’s passion lies in empowering entrepreneurs and helping startups scale by breaking down barriers in fundraising. We've seen it firsthand with Anthony quickly jumping in to support entrepreneurs in Satori. His mission is to create a global solution that supports ambitious founders and fosters innovation in the startup world. Anthony joined Satori to meet ambitious, like-minded individuals and exchange ideas that inspire personal and professional growth. For him, Satori is about making meaningful connections and learning from others’ experiences to spark new opportunities and insights. Feel free to hit him up on Linkedin for fundraising advice, or check out SeedLegals if you want to get set up to raise an investment round properly without breaking the bank.