Want this delivered to your inbox each morning? Venture fund for female founders raises $182 millionRethink Impact, a venture capital firm that invests exclusively in tech start-ups founded by women, plans to announce today that it has raised $182 million for its second fund, surpassing expectations. It mostly invests in Series A and B funding rounds, alongside other venture firms. The new fund will invest in female entrepreneurs at a crucial time, Ms. Abramson said: Venture investments in start-ups founded by women accounted for just 4.3 percent of all deals in the first quarter, down from 7 percent a year ago, according to Pitchbook. • “Female entrepreneurs, entrepreneurs of color and others are finding it harder than ever to get a meeting with a V.C.,” Ms. Abramson told Michael.

Source: New York Times July 09, 2020 10:54 UTC