According to Sifted, the UK’s first venture capital fund dedicated to refugee founders has launched. The fund counts Atomico, the European VC firm, among its backers.
The announcement highlights a growing effort to channel institutional startup funding toward founders with refugee backgrounds. The source does not provide further details on the fund’s size or investment strategy.
As the first fund of its kind in the UK, it may set a precedent for other investors looking to back underrepresented founders.