BBG Ventures Raises $60 Million Fund for Diverse Founders, Completes 100 Investments

BBG Ventures has successfully raised $60 million for its latest fund, marking a significant expansion beyond its traditional focus on female founders. Since its inception a decade ago, the venture capital firm has made 100 investments in female-founded companies. The new fund aims to support founders from diverse backgrounds, encompassing various aspects such as gender, race, age, and class. This initiative reflects a broader trend in the venture capital landscape, emphasizing inclusivity and diversity in funding practices.