🌎 Climate Tech VC Voyager Ventures Launches $100M Opportunity Fund
FemWealth Issue #146
Hi FemWealth Friends,
In today’s edition: Sierra Peterson and Sarah Sclarsic’s Voyager Ventures launches $100M opportunity fund; Beatriz Acevedo and Mary Hernandez’s SUMA Wealth raised $2.2M to help US Latinos to build wealth; led by Marissa Fayer, DeepLook Medical raised $1.7M for its AI-powered breast cancer detection technology; founded and led by Stephanie Geveda, PE firm Coalesce Capital launched its $900M inaugural fund to invest in human capital-driven and technology-enabled services companies; co-led by Annie Thériault and Donna Parr, Cross-Border Impact Ventures (CBIV) launched a $90M fund focused on women’s and children’s health.
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In the Spotlight 🌎
Founded by Sierra Peterson and Sarah Sclarsic, Voyager Ventures, a US-based decarbonization-focused VC, launched Voyager Partners Select I, its second venture fund with $100 million in capital commitments to back companies across software, hardware, and biotech that are focused on decarbonization.
With the new opportunity fund, the San Francisco and New York-based firm aims to lead or co-lead Series A rounds in North American and European climate technology startups advancing global decarbonization solutions for sectors including mobility, energy, materials, food, the built environment, analytics, industrial systems, and carbon removal.
“The transition to a decarbonized global economy is the biggest investment opportunity of our lifetime, as the world’s largest industries – from transportation to energy to computing and food – undergo the most rapid change they’ve ever seen. We are investing at the forefront of innovation in these sectors. With this fund, Voyager is doubling down on the tremendous economic potential in companies leading our economy beyond reliance on fossil fuels.” - Sarah Sclarsic, Founding Partner at Voyager Ventures
Voyager Ventures’ portfolio includes carbon accounting software provider CarbonChain, efficient analytics processor company Intensivate, and carbon capture startup Remora.
Read more: Voyager Ventures backs climate tech startups. It just raised its second $100 million fund.
FemWealth Favourites ❤️
Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution - Co-founded by Vilve Vene, Tuum enables banks to manage financial services (e.g., accounts, payments, lending, and cards). The Tallinn, Estonia-based startup raised a $26.9 million Series B round led by CommerzVentures, with participation from Speedinvest.
UK AI startup Greyparrot bags strategic tie-up with recycling giant Bollegraaf - Co-founded and led by Mikela Druckman, Greyparrot uses computer vision for waste analytics. The London-based startup raised a $12.8 million round led by Bollegraaf.
Elemind raises $12M for neurotech wearable that can help your brain and let you sleep better - Co-founded by Meredith Perry (CEO) and Heather Read (professor of behavioral neuroscience & biomedical engineering at the University of Connecticut), Elemind is developing an AI-enhanced neurotech wearable that aims to improve sleep and attention. The US-based startup raised a $12 million Seed round from investors including Village Global, LDV Partners, and MIT Investment Fund.
Delft deeptech CarbonX secures €10M for sustainable alternative to graphite - Co-founded by Daniela Sordi (CTO), CarbonX is developing a cost-competitive and more sustainable alternative to graphite for EV batteries. The Netherlands-based startup raised €10 million in a funding round led by Innovation Industries, InnovationQuarter, and Borski Fund led the round.
Finally, now with $10M, adds AI for better insight into small business accounting - Co-founded by Glennys Rodriguez (COO), the Miami-based company provides an automated business processes solution for small businesses. The company raised a $10 million funding round led by PeakSpan Capital with participation from Active Capital.
Ultra Violette Secures AUD $15 Million Investment From Aria Growth Partners - Co-founded by Ava Chandler-Matthews and Rebecca Jefferd, the Australian sun care brand raised AUD $15 million from Aria Growth Partners.
Jam’s out to revitalize and enhance internal bug reporting - Co-founded by Dani Grant, Jam is a browser extension that facilitates internal bug reporting. The US-based startup announced a $9 million Series A round led by GGV Capital with participation from Figma Ventures and industry angels.
Dude, where’s my green chemical revolution? DUDE CHEM raises €6.5M in greener pharma - Co-founded and led by Sonja Jost, DUDE CHEM is a chemistry company that supplies ‘greener-produced’ active pharmaceutical ingredients (APIs) and intermediates. The Berlin-based startup closed a €6.5 million Seed round co-led by Vorwerk Ventures and b2venture with participation from Frontline, Borski Fund, Auxxo, and Push Ventures.
Bristol-based Clue Software snaps €4.7 million to keep supporting intelligence teams across the globe - Co-founded and led by Clare Elford, Clue Software, provides software for investigations and intelligence management. It raised a €4.7 million round led by Frog Capital.
Galileo AI’s Public Beta & Seed Round Led by Khosla Ventures - Co-founded by Helen Zhou, Galileo is developing an AI tool that enables designers to transform written prompts into user interface designs. The San Francisco-based startup raised a $4.4 million Seed round led by Khosla Ventures.
STOCKHOLM-BASED SKINCARE START-UP MANTLE LANDS £2.4 MILLION INVESTMENT - Founded by Stina Lönnkvist and Josefin Landgård, Mantle is a Stockholm-based skincare brand focused on clean and clinical formulations. It raised a £2.4 million ($3 million) investment round led by British venture capital firm Venrex.
SUMA Wealth grabs $2.2M as its financial platforms reach 1M users - Co-founded by Beatriz Acevedo and Mary Hernandez, SUMA Wealth is a US-based fintech providing financial tools, content, and live and digital activations for young US Latinos to build wealth. It raised $2.2 million in a round led by Radicle Impact with participation from Vamos Ventures, OVO fund, and the American Heart Association Impact fund. Investors from previous rounds, include Ulu Ventures, Female Founders Fund, and Chingona Ventures. SUMA raised $5.5 million in total funding.
Unfabled Secures $1.6M to Grow and Evolve Its Women’s Health Focused Consumer Platform - Founded and led by Hannah Samano, London-based Unfabled offers a data-driven health platform that provides curated and personalized solutions for women. The company raised a $1.6 million Seed funding round from Morgan Stanley, Exceptional Ventures, Atomico Angels, Founders Factory, Chai Ventures, SyndicateRoom, 3 Sisters Ventures, and angel investors. Angel investors including Maya Ghosn (Sequoia scout), Shefali Roy (former Apple and TrueLayer executive), Elaine Groenestein (early investor in Elvie), and Dr Fiona Pathiraja (healthcare investor and philanthropist) also joined.
“A major cause of the gender health gap is the lack of sex-aggregated data which causes a lack of insight and understanding across women’s health. We’re building the most user-friendly platform possible while also filling the massive gap that continues to exist in health-related data. The more we understand about female health, the more laser-focused we can become on improving it.” - Hannah Samano, Founder and CEO of Unfabled .
MediConCen raises $6.85m in Series A Funding to drive global expansion - Co-founded by Jenny Lau, MediConCen is a Hong Kong-based insurance claims automation startup. It raised $6.9 million in a Series A round led by HSBC Asset Management. G&M Capital, ParticleX, and Wings Capital Ventures also joined.
DeepLook Medical Raises $1.7M for AI-Driven Cancer Detection in Dense Breast Tissue - Led by Marissa Fayer, DeepLook Medical is a US-based developer of AI-powered breast cancer detection technology. It raised $1.7 million in Seed funding from Connecticut Innovations, Tidal River, Angel Investor Forum, OKG Capital, Werth Ventures, and others.
Spain-based Domma Secures €950K in Funding to Advance Menopause Support and Care - Founded by Cristina Martínez and Mireia Roca, Domma is focused on the research, treatment, and support of menopause. The Barcelona-based startup raised €950K. Secways led the round with participation from existing investor Antai Ventures and business angels.
VC & PE: Coalesce Capital Closes Oversubscribed $900 Million Inauguaral Fund - Founded and led by Managing Partner Stephanie Geveda, Coalesce Capital is a private equity firm investing in human capital-driven and technology-enabled services companies. It recently launched its inaugural fund, Coalesce Capital Fund I LP, and parallel vehicles, with $900 million in total capital commitments.
Cross-Border Impact Ventures Exceeds $90M in Final Close of Inaugural Fund Dedicated to Women’s and Children’s Health - Co-led by Managing Partners Annie Thériault and Donna Parr, Canada-based Cross-Border Impact Ventures (CBIV) closed its Women’s and Children’s Health Technology Fund, with over $90 million in investor commitments. The fund will back technology companies that address the health needs of women, children, and adolescents.
Inspirational Quote ✨
“Face your fears; live your passions, be dedicated to your truth.” - Billie Jean King, tennis legend
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth