💸 Nichole Wischoff's Wischoff Ventures Raises $50M for its Third Fund
FemWealth Issue #175
Hi FemWealth Friends,
In the Spotlight 💸
Founded and led by Nichole Wischoff, Wischoff Ventures raised $50 million for its third fund.
“People ask, how do you differentiate? I’m willing to take the most risk.” - Nichole Wischoff, Founder and sole General Partner at Wischoff Ventures (via Forbes)
The Nashville, US-based generalist firm plans to invest $800,000 to $1.6 million in 30+ startups, particularly in fintech, logistics, and manufacturing.
Read more: How Nichole Wischoff Won The Internet To Raise $50 Million For Her VC Firm
FemWealth Favourites ❤️
Startups: How a cold email to a VC helped salon software startup Mangomint raise $35M - Co-founded by Sandra Huber, Mangomint offers software for salons and spas to help them reduce overhead costs and modernize the client experience. The US startup secured a $35 million Series B round led by Altos Ventures, with participation from Jason Lemkin’s SaaStr Fund, OpenView Venture Partners, and a small angel investor check.
Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses - Co-founded by Sarah Toukan, Ziina provides an app for individuals and businesses to send, receive, and manage money digitally. The Dubai startup secured a $22 million Series A round led by Altos Ventures, with additional support from Activant Capital, Avenir Growth, Fintech Collective, FJ Labs, Jabbar Internet Group, Middle East Venture Partners, and Y Combinator.
Mintlify is building a next-gen platform for writing software docs - Co-founded by Hahnbee Lee, Mintlify provides a collection of documentation-authoring tools, including tools that can auto-generate docs from codebases. The US startup announced an $18.5 million Series A funding round led by Andreessen Horowitz, with participation from Bain and Y Combinator.
Melodi Health Secures $10.75M in Series A Funding; Enrolls First Patient in Pivotal Breast Reconstruction Trial - Co-founded and led by Sarah Worrell, Melodi Health launched the “ARIA” investigational device exemption (IDE) trial, designed to improve outcomes for women undergoing breast reconstruction following mastectomy. The US medtech company also announced a $10.75 million oversubscribed Series A round from HM Venture Partners, Engage Venture Partners, Southeast Minnesota Capital Fund, and Three Bridges Private Capital.
Portex founder Brittany Ennix learned the importance of supply chains from Uber and Flexport - Founded and led by Brittany Ennix, Portex enables small-to-mid-sized businesses (SMBs) to connect with freight partners and manage shipments and operations in one place. The San Francisco-based startup raised $6.25 million in Seed funding led by Footwork Ventures, with support from Cowboy Ventures and Base 10.
AI Startup Champion Raises $3.3M to Fuel the Era of Customer-Led Growth - Co-founded by Courtney Crispin and Gianna Scorsone, Champion provides an AI-powered customer advocacy platform. The US startup raised $3.3 million in a Seed round led by Flyover Capital and joined by Bread & Butter Ventures, Stage 2 Capital, and High Alpha.
Flex raises $3.2M for D2C health account payments (Axios Pro $) - Co-founded and led by Sam OKeefe, Flex is a payment platform for businesses to accept HSA/FSA cards. The US startup raised $3.2 million in Seed funding from Y Combinator, SV Angel, Precursor, and Liquid 2 Ventures.
Co-founded by Madeleine Bjørnestad Røed and Christine T. Kvaalen, Stackx.me is a social investment app. The Oslo-based startup raised €2.12 million. [via Sifted]
Paradigm launches to reinvent the spreadsheet with generative AI, filling in 500 cells per minute - Founded and led by Anna Monaco, Paradigm uses generative AI to automate the filling of spreadsheet cells. The San Francisco startup raised a $2 million Pre-Seed round from Y Combinator, Soma Capital, and Pioneer Fund.
Swedish medtech startup completes oversubscribed round to combat antibiotic resistance - Co-founded by Saba Atefyekta, Amferia develops antimicrobial healthcare solutions. The Swedish medtech company raised €1.2 million in a funding round led by Chalmers Ventures.
Curio Raises Significant Investment to Expand Digital Therapeutics for Women’s Mental Health - Founded and led by Shailja Dixit, MD, MPH, MS, Curio Digital Therapeutics specializes in digital therapeutics for women’s health. The US startup raised a ‘double digit million’ investment from RYSE Asset Management, ONCE (the nutraceuticals venture capital arm of Otsuka), Bridge Point Capital, and Avestria.
First ‘project Vinted’, then ‘project kids’: What’s next for Milda Mitkute, Vinted’s cofounder? - Features Milda Mitkute, Co-founder of global marketplace Vinted and an angel investor. She is now working on a new edtech startup.
VC: Ex-Eurazeo CEO Morgon Plans Climate-Focused Private Equity Fund (Bloomberg $) - Virginie Morgon, Eurazeo SE’s ex-chief executive officer and one of the most senior women in European private equity, launched Ardabelle Capital, a new private equity firm targeting €500 million for a climate-focused fund.
Start-Up Investors Push Back Against Venture Capital’s Bigger-Is-Better Mantra - Co-founded by Mackenzie Regent, Asylum Ventures, a US Pre-Seed and Seed firm raised $55 million for its debut fund.
Antonia Eneh has been promoted to CEO at Wave Ventures, a Helsinki-based, student-run VC firm. [via Sifted]
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth