Thanks to a new bank card women can enjoy better credit ratings. As for startups, bank loans don’t always go very far, which is why many look for venture capital.
For companies whose founders belong to the LGBTIQ+ community, however, the chances of receiving such investment are slim. That a growing number of investors are focusing on this particular group is encouraging therefore.
To Berlin, where a venture capital firm’s team of LGBTIQ+ entrepreneurs have pledged to offer these startups support from pre-seed to Series A funding rounds.
An initial fund of €50 million will be distributed among European startups with solutions for megatrends. Startup teams from different countries can apply too.
There’s also a network for queer financiers.Â
