Venture fundraising has been slowing down because the center of final yr. Larger firms are chopping their targets, and rising managers are struggling to safe funds. But it isn’t all detrimental by any means. While some firms are struggling, others are seeing success — and a lot of the latter are funds run by girls.
Well, it appears that manner no less than. We can’t know for positive if women-led firms are truly doing higher in 2023 than in previous years — there isn’t fundraising information on completely women-led funds — however there have been a number of fundraising rounds price being attentive to.
Back in January, Monique Woodward closed a $17 million debut fund at Cake Ventures. Adverb Ventures, run by Slack product veteran April Underwood and Twitter alum Jess Verrilli, closed on $75 million in July. Supply Change Capital, run by Noramay Candena and Shayna Harris, raised $40 million final month, too. And that doesn’t cowl all of it.
…. to be continued
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