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Venture gets a rare Native American-led fund in Betsy Fore’s Velveteen Ventures
The firm will look to invest $500,000 to $4 million in 15-20 seed and Series A companies in the healthcare, climate, consumer, and community sectors.
The firm, based in the Midwest, will look to invest $500,000 to $4 million in seed and Series A companies, focusing on the healthcare, climate, consumer, and community sectors. A few years ago, when TechCrunch looked for funding statistics for Native American founders, the numbers were so low that they almost couldn’t be accurately pulled. Joining Fore at Velveteen is Karla Brollier, also of Native descent, who hails from Patagonia and will lead climate investments at the firm.
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