Chingona (slang for “badass woman”) will invest between $100,000 to $250,000 in up to 30 early-stage businesses over three years.
The Park City, Utah and Kansas City, Mo.-based investment firm raised $16.4 million to back entrepreneurs in overlooked regions of the U.S.
- With this year’s uprisings, stakeholders put capitalism on notice. In 2020 they’re taking it back.
“Our approach to venture investing is the same as how we build companies — with collaboration, inclusivity, efficiency, and transparency as part of our DNA,” said Operator Collective founder Mallun Yen.
- Enough investors are offering alternatives to the venture capital model that a trade group is forming.
- The GV spinout invests in early-stage ventures and funds led by women and people from minority backgrounds.
- The venture firm is the latest to seek an edge by backing entrepreneurs often overlooked by traditional venture capital.