Women-led firms are a bright spot in 2023’s fundraising slump


Share post:

Venture fundraising has been slowing down since the middle of last year. Larger firms are cutting their targets, and emerging managers are struggling to secure funds. But it isn’t all negative by any means. While some firms are struggling, others are seeing success — and a lot of the latter are funds run by women.

Well, it seems that way at least. We can’t know for sure if women-led firms are actually doing better in 2023 than in past years — there isn’t fundraising data on exclusively women-led funds — but there have been multiple fundraising rounds worth paying attention to.

Back in January, Monique Woodard closed a $17 million debut fund at Cake Ventures. Adverb Ventures, run by Slack product veteran April Underwood and Twitter alum Jessica Verrilli, closed on $75 million in July. Supply Change Capital, run by Noramay Cadena and Shayna Harris, raised $40 million last month, too. And that doesn’t cover all of it.

Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Plantiga Technologies’ AI-powered footwear sensor pod aims to reduce injury risks

Plantiga Technologies, a Vancouver-based movement analytics company, wants to help people improve rehabilitation and reduce injury risks...

HME Square aims to measure glucose painlessly with photoacoustics

People with diabetes have to monitor their blood sugar levels regularly by pricking their skin. Many glucose-monitoring...

Microsoft refreshes Surface Laptop Go and Laptop Studio

What is a Surface event without a Panos Panay? Microsoft answered the existential question today during a...

Communia hopes to build a digital safe space for women

Olivia Deramus didn’t plan on becoming an entrepreneur. She grew up in Washington, D.C., obtained a degree in...

TikTok may start serving you Google Search results

TikTok is testing a new feature that integrates Google Search into its own in-app search results. The...

And the winner of Startup Battlefield at Disrupt 2023 is… BioticsAI

During the last three days 20 startups participated in the incredibly competitive Startup Battlefield at TechCrunch Disrupt....

Salesforce to acquire Airkit.ai, a low-code platform for building AI customer service agents

Salesforce has announced plans to acquire Airkit.ai, a low-code platform that helps e-commerce companies build AI-powered customer...

OnePlus confirms its first foldable is officially ‘coming soon’

OnePlus is officially gearing up to launch its first foldable phone “soon,” the company told TechCrunch on...