The Australian Financial Review published an article titled “Brandon Capital, Rampersand, Artesian lead local VC gender diversity push” on 8 October 2018.
The article highlights Artesian’s position as the most active Australian VC firm and its leading position in improving VC investment diversity.
Managing partner of Artesian, Jeremy Colless, told The Australian Financial Review the most important steps it had taken to increase diversity were trying to remove selection bias and employing an equal number of male and female VC analysts from diverse backgrounds so as to ensure a more diverse group of investors in the future.
“Artesian’s early stage (seed/angel) VC strategy is to undertake due diligence on accelerators, incubators, university programs and angel groups to identify the groups with the most diverse deal flow, broad alumni and networks of mentors and investors,” he said.
“Artesian then generally invests in all of the start-ups that have been selected to participate in these program cohorts.”