AwakenHub, a network of more than 1,000 members that was established during the pandemic to promote and support female founders, is weighing up plans to establish an investment fund to back women entrepreneurs. She said the fund has “the potential to democratise the investor landscape for women investors and founders across Ireland”. Since leaving Learning Pool, which is currently on the market for an estimated €160 million, Ms McKenna has focused on supporting “tech for good” initiatives, particularly ones led by women entrepreneurs. AwakenHub wouldn’t be the first to establish a fund focused exclusively on women entrepreneurs, although there aren’t too many of them. The best known is the Female Founders Fund, which was established in New York in 2014.

Source: The Irish Times June 10, 2021 12:00 UTC