Impact X Capital Partners, a diversity-focused VC, aims to raise £100M for its second fund, backed by Bank of America.

Impact X Capital Partners, a diversity-focused VC investor, aims to raise £100M ($126M) for its second fund, backed by Bank of America. The firm, an early investor in Marshmallow, targets investing in late-stage seed and Series A rounds across tech, media, and healthcare sectors. Founding partner Paula Groves emphasizes the need for equal access to capital for underrepresented entrepreneurs.

March 25, 2024
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