Ada Ventures is one of a small but growing group of funds in Europe focusing on underrepresented founders.

“It’s a massive relief,” says Warner, who is also cofounder of non-profit organisation Diversity VC.

That’s a lot to do.”Today, it finally launches — 17 months after founders Check Warner and Matt Penneycard began raising.

Ada Ventures, a new $34m London-based venture capital fund investing in overlooked founders, has been a badly kept secret for a while now.

It’s not the only VC to adopt this strategy: London-based fund Backed VC has also built a team of scouts. | To read full story, visit https://startuparound.com/read/1576044112.2796001/Ada-Ventures-launches-$34m-fund-for-overlooked-founders?ref=audio_experience