Illumen Capital is doubling down on its support for fund managers and founders from underrepresented communities. The firm is an impact fund of funds that has previously supported ways to address racial bias in investing. Yesterday, the firm, founded by Daryn Dodson, announced the raise of a $32.75 million “Catalyst Fund “to once again support […]
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The European Union will spend €1.4 billion (about $1.5 billion) next year to bolster deeptech research and support scale-ups in strategic areas like AI, low-carbon technologies, agritech and biotech, the European Commission said on Tuesday. The budget for the 2025 Work Program of the European Innovation Council (EIC), part of the bloc’s flagship Horizon Europe research […]
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