Dec.18 -- Paula Groves, partner at Impact X, discusses how the company intends to reverse the trend of under-investment in minority-led businesses. The London-based venture capital firm has raised 100 million pounds ($131 million) and counts VEON Chief Executive Officer Ursula Burns and Tristan Capital Partners CEO Ric Lewis among its co-founders. According to an Atomico report on the state of Europe's technology industry, less than 1% of venture capital is invested in under-represented entrepreneurs.
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