Inc. Magazine: Venture Fund from SAP Aims to Combat “Sexism, Racism, and Bro-ism”

On Sunday, January 20, software giant SAP became the latest company–and, it says, the only business software company–to target a share of its venture investments directly to women and underrepresented minorities.

Its fund, called SAP.iO, was launched in 2017 and invests in business-to-business startups that are a fit with SAP’s own technology platforms. With $35 million to invest, it’s already put about $4 million to work in 15 companies, 60 percent of which are in the U.S. Now, under an initiative called SAP.iO No Boundaries, the fund will invest 40 percent of its money in women and underrepresented minorities, says SAP chief strategy officer Deepak Krishnamurthy. He says the company will start ramping up its Asia-Pacific focus within the next year.

Andjaro raises 5M Euros

En bouclant un second tour de table auprès du fonds londonien Balderton Capital et de SAP.io, la start-up française Andjaro auparavant connue sous le nom de Ouiteam compte accélérer le déploiement de sa plate-forme de gestion des ressources multi-sites en Europe avec l’ouverture d’un nouveau bureau au Royaume-Uni. Avec cet apport, elle prévoit également d’intégrer des fonctions d’analyse prédictive à son offre.

Read More

Funding Female Founders Without Fanfare: SAP’s New Fund In San Francisco

As a female entrepreneur, I’m always on the lookout for companies that are helping women break through the proverbial glass ceiling. And, there is no shortage of public announcements, blog posts and tweets by many players in the startup scene proclaiming their commitment to bringing more female founders into the ecosystem. It’s been proven time and again that it makes business sense to invest in companies with female founders and leadership. But, in Silicon Valley, startups with female CEOs still win only about 3% of investment dollars….

Read Full Article on Forbes