Black Opal Ventures , founded by MIT grads , Tara Bishop and Eileen Tanghal , is revolutionising venture capital by prioritising diversity . In this interview , we spoke to Bishop about how they are diversifying the sector and changing the industry .

Can you tell us more about the mission and goals of Black Opal in addressing the lack of diversity and representation in the venture capital arena , especially within the HealthTech sector ?

The firm ’ s mission is to invest in startups that harness the power of technology for good to solve some of the world ’ s most pressing problems .

The firm ’ s inaugural fund aims to improve health outcomes for all by investing in companies at the collision of healthcare and technology . Black Opal Ventures strives to identify and elevate technology start-ups with purposes that mirror their own , whose definitions of success go beyond business .

Women-led venture capital funds account for a small percentage of assets under management in the industry . In the first three quarters of 2023 , capital raised by women-led venture capital funds accounted for only 2 % of venture capital dollars raised . Yet women make up over 50 % of the US population , are most commonly the healthcare decision-makers in their families and represent over 75 % of the US healthcare workforce . We believe that more female representation in venture

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