Unconventional Ventures launches €30 million fund to invest in diverse and impact driven teams
Summary
Danish firm Unconventional Ventures has launched a €30 million fund – targeting diverse founding teams that are building impactful tech companies. The Danish firm has launched a new €30 million fund that will increase investment into founders identifying as women, POC, immigrants and/or LGTBQ+, who are building impact tech companies with an ESG lens. We want to work towards that goal, both because it is the right thing to do, but also because experience shows that companies that are diverse are more innovative and produce larger returns.” The fund will enable Unconventional Ventures to act broadly, giving investments in both the pre-seed and seed stages. Thea Messel, founder and GP at UV, said: “It’s always been our conviction that the combination of diversity and sustainability constitutes the most substantial investment opportunity – in the Nordics and globally. With this new fund, UV is ready to accelerate the work of unleashing the untapped potential of tech companies built by diverse founding teams, with a particular focus on solutions for climate, health, education, and inclusive fintech.