Amazon makes first investments in outside VC firms, puts $150M to underrepresented founders (Taylor Soper/GeekWire)

Taylor Soper / GeekWire
Amazon makes first investments in outside VC firms, puts $150M to underrepresented founders – Amazon announced a new diversity-related initiative called Amazon Catalytic Capital that will provide funding to underrepresented entrepreneurs. The $150 million program represents the first time Amazon is putting money behind outside venture capital firms, Reuters reported. The funding will support more than 10 funds and more than 200 startups over …

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