Learn about Pittsburgh's newest venture fund -- Magarac Ventures -- as we welcome Fund Partners Will Allen and Jay Katarincic to Business as Usual. 

Will and Jay will discuss how at least 33% of the fund’s capital will be targeted at companies founded by individuals of diverse backgrounds, and each potential recipient company must commit to interviewing at least one female and one minority candidate for each senior-level position. Magarac Ventures is a rebrand of Draper Triangle Ventures with a focus on software, robotics, medical devices and artificial intelligence.

Magarac Ventures received $2.5 million from Pennsylvania’s Department of Community and Economic Development for its first fund. Get more details on how the fund will grow and what it specifically looks for in its portfolio companies.