Despite gloomy statistics about the lack of diversity in venture capital funding, Adrian Mendoza remains optimistic that change is coming. Mendoza, with his wife Senofer Mendoza, runs a VC firm based in the Back Bay that focuses on funding startups in cybersecurity, artificial intelligence, and fintech with founders who bring diversity. Founded in 2016, Mendoza Ventures announced its third fund in January and last week added North Carolina bank Truist Financial as an investor. The investment will give Truist, formed from the merger of banks BB&T and SunTrust, a boost in forming business relationships with Mendoza’s portfolio companies, Adrian Mendoza said in an interview.
