Europe’s first LGBTQ+ venture capital impact fund has launched, looking to create untapped opportunity for growth and innovation across the continent.
identity.vc has announced the first closing of their LGBTQ+ venture fund, which is dedicated to backing and investing in LGBTQ+ entrepreneurs.
Founded by Til Klein and Jochen Beutgen – and with a target fund size of €50 million – identity.vc will invest in early-stage startups led by LGBTQ+ founders or LGBTQ+ representation at the C-level.
The primary focus will be on Europe, targeting pre-seed to Series A companies. However, the fund will also consider opportunities beyond that too.