Consumer Technology Association is among the LPs in the first fund raised by the diversity-focused venture firm, which has closed at an oversubscribed $40.3m.
US-based, diversity-focused venture capital firm Harlem Capital closed its inaugural fund at $40.3m on Monday, sourcing capital from investors including trade convention operator Consumer Technology Association (CTA), surpassing its original $25m target.
The fund’s limited partner list encompasses 55 investors including private equity group TPG, which provides Harlem with resources under a strategic partnership agreement, accelerator operator Techstars and private equity firm KKR.
Other backers include Vanderbilt University, student startup-focused venture firm Dorm Room Fund, public pension manager State of…
