Join us to meet Dux Capital. Bank of America is an anchor investor, marking the first investment, in the history of the bank, in a Mexican-born Venture Capital fund.
- Dux Capital, headquartered in Austin, is one of the few VC funds in the USA exclusively investing in early-stage startups led by Latinx founders.
- Mission: Bridge the significant funding gap for the Latinx population; despite comprising 18% of the country’s population, Latinx founders receive less than 2% of VC/PE money.
- Approach: Guided by a triple impact DEI strategy operating at the LP/GP level, portfolio companies’ level, and social and economic impact on the Latinx community.
- First fund: Invested in 17 startups, achieved one exit, and on track to deliver a 3.2x return.
- Second Fund: Currently raising for their 2nd fund, marking their 8th year of operations.