Tulsa, Oklahoma-based VC firm Atento Capital launched a new $100M fund to back early-stage tech startups.
The fund aims to invest in line with its aim to "drive inclusive development for historically underinvested people, places, and ideas." Individual ticket sizes will range between $250,000 to $3M, averaging $1M.
From the newly launched fund, $20M is earmarked for pre-seed investments, with the remaining $80M for early-stage and fund-of-fund investments.
- Atento Capital claims to have invested 48% of its $128M committed capital since 2020 into underinvested founders and GPs.
- Per Fortune, the firm has invested in 49 startups and 24 other VC funds to date.
- Atento has backed funds raised by emerging general partners at Forum Ventures and Visible Hands.
- The firm recently led funding rounds into computer vision platform RobbieAI and remote therapeutic management platform PatchRx.