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12th December 2019 - 0 comments

Ada Ventures closes flagship $34m fund to invest in overlooked founders

Ada Ventures has raised a $34m (£27m) fund. At present, 92 in every 100 dollars invested in Europe goes to all male teams (1), 83% founders are white (2), 82% are university educated (3). In the UK, a quarter of investment committees saw no female founders in 2017 (4) and 72% of Venture Capital funding is invested in London alone (5).

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