Tech entrepreneur Victoire Cogevina Reynal has launched a new investment initiative named the Mercury 13 fund, aimed at acquiring women’s football clubs in Europe and South America. With an initial capital injection of $100M, the fund seeks to catalyze change within the women’s football sector. Named after the Mercury 13 – a group of female pilots who were denied participation in NASA’s…
Wisdom Ventures, an unconventional venture capital firm with a unique focus on mindfulness, compassion, well-being, and human connection, has closed its inaugural Fund I, raising an $10M. Since its initial $5M closing last year, Wisdom Ventures has strategically invested in 15 start-ups supporting technologies aimed at enhancing mental health, workplace well-being, and fostering human connections. Among its notable investments are start-ups such…
Pink Salt Ventures, a UK-based VC firm dedicated to funding female founders, has released the results of a survey highlighting the gender funding gap and gender bias in the industry. The survey, conducted in partnership with gender bias expert Dr. Dana Kanze, gathered responses from 90 female founders. The findings reveal that 97% of respondents believe there is a difference in how…
Vertex Ventures HC, a global healthcare investment firm led by women, has announced the launch of its third and largest fund of $200M, Fund III. The primary objective of Fund III is to back life sciences and medical technology companies focused on driving advancements in healthcare anad enhancing patient outcomes. “As technology continues to reshape industries and science continues to advance, VVHC…
Springbank Collective, a syndicate originally established in 2019, has recently announced the closing of a $35M fund to serve the long-overlooked needs of women and working families. With a notable lineup of investors, including Union Square Ventures, Foundry Group, Bank of America, AIG, Investinor, Stardust Equity, and JP Morgan, Springbank is set to make an impact on underserved sectors. Springbank‘s investment strategy…
BrainTrust Founders Studio, a platform dedicated to Black founders in the beauty and wellness sector, has announced the launch of the BrainTrust Fund. This proposed $25 million venture fund is set to invest exclusively in early-stage companies identified via BrainTrust Founders Studio, whose 120+ members collectively sold more than $100 million in products via 23,000 retail doors and online in the past year. The…
New York-based Recharge Capital, a thematic-first private investment firm, has successfully closed the first tranche of its $200M Women’s Healthcare Investment Vehicle. The fund is backed by Thiel Capital, The Olayan Family of the Olayan Group, Blue Lion Group, The Al Rashid Family of the Salmira Investment Fund, Shamrock Holdings of the Disney Family, the Ozmen Family of the Sierra Nevada Corporation,…
Overwater Ventures, a venture capital firm founded by Kristina Simmons, former Partner at Andreessen Horowitz and former Chief of Staff at Khosla Ventures, has successfully closed Fund I with $20 million in assets under management (AUM). Despite the challenging economic climate, Simmons, as a Solo-GP and pregnant at the time, managed to raise the fund to back breakthrough companies that improve the…
