The Consumer Technology Association (CTA) announced the selection of the first two funds it will invest in as part of CTA’s $10 million commitment to venture firms and funds that invest in women, people of color and other underrepresented entrepreneurs – Harlem Capital Partners and SoGal Ventures.
Harlem Capital Partners is a New York-based minority-owned early-stage venture capital firm with a mission to change the face of entrepreneurship by investing in 1,000 diverse founders over the next 20 years. SoGal Ventures is the first female-led, millennial venture capital firm and invests in early stage diverse founding teams in the U.S. and Asia.
“For innovation to reach its fullest potential, different voices and perspectives must have an opportunity to come together in our workforce,” said Tiffany Moore, SVP, political and industry affairs, CTA. “CTA is committed to finding solutions through education, investment, membership and leading by example.”