Top VC Funds Launched by Women Investors in 2024
2024 Year in Review
Top VC Funds Launched by Women Investors in 2024
US
Co-founded and co-led by Theresia Gouw and Lauren Kolodny, Acrew Capital, a San Francisco-based venture capital firm, raised over $700 million across its family of funds focused on data and security, fintech, and health.
Founded and led by Kirsten Green, Forerunner Ventures, a Bay Area VC firm announced its newest early-stage fund with $500 million in capital commitments to “invest in the next wave of category-defining businesses, where creativity unlocks new AI-driven experiences.”
Co-led by Dr. Kiersten Stead, DCVC, a Palo Alto VC firm that invests in early-stage deep tech startups, including life sciences, raised its third bio fund of $400 million.
Led by CEO Katie Rae, The Engine Ventures, a VC firm spun out of MIT, launched its third fund of $398 million to invest in Seed and Series A startups in areas such as sustainability, health, and infrastructure.
Co-founded and co-led by Kristina Shen, Chemistry, a San Francisco venture capital firm focused on early-stage investments, especially at Series A, raised a first fund of $350 million to back business-to-business startups in areas like fintech, work software, and developer and infrastructure tools.
Co-founded and led by Alexa von Tobel and Penny Pritzker, Inspired Capital, a New York-based early-stage venture firm launched its third fund with $330 million in capital commitments.
Co-founded and co-led by Maria Cirino, .406 Ventures, a Boston-based VC firm backing enterprise-focused startups in healthcare, data and AI, and cybersecurity, closed its fifth fund with $265 million in capital commitments.
Co-led by Jenny Abramson and Heidi Patel, Rethink Impact, the largest, US-based impact venture firm with a gender lens that invests in women-led startups, closed $250 million for its third fund.
Co-founded and led by Joelle Kayden, Accolade Partners, a Washington, D.C. firm, raised $202 million for its third blockchain-focused fund-of-funds. (via Axios Pro)
Co-founded and co-led by Managing Director Miriam Rivera, Ulu Ventures, a Seed-stage firm, raised over $190 million for its fourth fund.
Co-founded by Maryanna Saenko, US-based VC firm Future Ventures closed a new $169 million fund focused on AI, according to a SEC regulatory filing.
Co-founded and co-led by Jane Woodward and Mauricia Geissler, WovenEarth Ventures, a climate tech-focused fund-of-funds, held the final close of its debut fund at $152 million.
Founded and led by Managing Partner Masha Bucher, Day One Ventures launched its Fund III of $150 million to back early-stage founders “solving humanity’s most pressing issues”.
Founded in 2020 by Renata Quintini and Roseanne Wincek, Renegade Partners launched its $128 million sophomore fund.
Songyee Yoon launched Principal Venture Partners (PVP), a $100 million fund to back early-stage AI startups.
Founded by Sierra Peterson and Sarah Sclarsic, Voyager Ventures, a San Francisco and New York-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.
Co-led by General Partner Catrina Wang, Portal Ventures, an early-stage crypto VC firm, raised a $75 million second fund.
Founded and led by solo GP Casey Caruso, Topology Ventures, a San Francisco VC firm, raised a $75 million first fund to invest in “frontier tech” startups across AI, decentralized networks, neuro-technology, aerospace, and robotics.
Co-founded by Mackenzie Regent, Asylum Ventures, a US Pre-Seed and Seed firm raised $55 million for its debut fund.
Co-founded and led by Susan Lyne and Nisha Dua, BBG Ventures, a New York City-based firm raised $60 million for its second fund to invest in startups launched by founders who are female or diverse in some other way across race, age, and income.
Founded and led by Nichole Wischoff, Nashville-based Wischoff Ventures raised $50 million for its third fund to back early-stage startups, particularly in fintech, logistics, and manufacturing.
Co-founded and co-led by Iana Dimkova (ex-GE Ventures) and Jessica Owens (co-founder of Grail, ex-Kleiner Perkins), Initiate Ventures, a San Francisco-based VC firm, raised a $45 million debut fund to invest in Seed and Series A healthcare and life sciences startups.
Co-led by Managing Partner Jewel Burks Solomon, Collab Capital, an Atlanta VC firm focused on Black founders, has secured over $41 million of a $75 million-targeted second fund, per an SEC filing.
Founded by Naoko Okumoto and Nichol Bradford, Niremia Collective, a Silicon Valley–based Seed stage venture capital firm focused on well-being technology, announced its first fund with $22.5 million in capital commitments.
Founded and led by Paige Finn Doherty - one of the youngest solo GPs in the VC industry, Behind Genius Ventures launched its second fund with $8.9 million in capital commitments.
Jessica Kamada launched Swizzle Fund I with $5 million in capital commitments to invest in companies that empower women through pivotal life stages at the intersections of Care, Health, and Wealth.
Ruth Foxe Blader, an ex-Anthemis partner and co-founder of WVC:E, launched Foxe Capital, a New York City VC firm that aims to back FinTech companies globally.
Terri Burns, formerly GV’s youngest-ever partner at 26 and first Black female partner, announced the launch of Type Capital, an early-stage VC firm that aims to back Pre-Seed and Seed startups in areas including digital consumer and AI.
Europe & MENA
Co-led by General Partners Tove Larsson and Agate Freimane, Norrsken VC closed its second fund with €320 million in capital commitments, aiming to support “impact entrepreneurs,” in sectors including climate tech, energy, biotech AI and health tech. It is the largest early-stage generalist impact fund in Europe.
Co-founded by Daria Saharova, Berlin-based World Fund closed a €300 million first fund to back climate tech founders. It is one of Europe’s biggest climate funds.
Founded and led by Managing Partner Beatriz González, Madrid-based Seaya launched its new fund Seaya Andromeda with €300 million in capital commitments to invest in impact-driven growth companies specialising in energy transition, decarbonisation, sustainable food value chain, and circular economy.
Co-led by General Partner Lise Rechsteiner, PhD, Munich-based Vsquared Ventures closed its second fund with €214 million in capital commitments to invest in early-stage, deeptech startups.
Co-founded and co-led by Federica Draghi, Italian VC XGEN Venture launched its $190 million debut fund to invest in biotech and medtech companies.
Founded and led by Inka Mero, Voima Ventures closed its €100M+ Fund III to back early-stage science and deeptech startups across the Nordic and Baltic regions.
Co-led by Managing Partner Svana Gunnarsdóttir, Icelandic early-stage investor Frumtak Ventures closed $87 million for its fourth fund to invest in startups at the intersection of software, AI, and deeptech.
French VC Breega announced the first close of a $75 million fund to invest in early-stage startups in Africa. The “Africa Seed I” fund is co-led by Tosin Faniro-Dada (ex CEO of Endeavor Nigeria).
Founded and led by Fatoumata Bâ, Janngo Capital, an Africa-focused VC firm investing in startups in the healthcare, logistics, financial services, retail, agritech, mobility, and the creator economy sectors. The firm with offices in Abidjan, Mauritius, Tunis, and Paris raised €73 million for its second fund.
Co-founded by Pauline Wink, Amsterdam-based 4impact Capital closed its second fund (Fund II) at €68 million to back early-stage digital and sustainability ventures in northwest Europe.
Co-founded and co-led by Francesca (Check) Warner, Ada Ventures held the final close of its £63 million second fund to back founders addressing inclusivity and diversity.
Co-founded by Ory Okolloh, Verod-Kepple Africa Ventures (VKAV) closed its first fund at $60 million. It plans to invest in 21 growth-stage companies (Series A and B) across Africa.
Co-founded by Dr Isabella Fandrych, Berlin-based Nucleus Capital announced a €40 million fund to back companies rethinking food production or industrial production using synthetic biology.
Led by General Partner Bodil Sidén, Denmark-based foodtech-focused VC fund, Kost Capital completed the first close of a targeted €25 million fund
Co-founded by General Partner Merce Tell, Barcelona-based Encomenda announced the first close of its new Encomenda II fund with €15 million in capital commitments.
Founded by Maria Rotilu - Europe’s first Black solo GP, London-based Openseed announced the first close of its fund targeted at $10 million.
Co-led by General Partner Sandra Golbreich, BSV Ventures closed a €15 million fund to invest in Pre-Seed and Seed deeptech startups in the Baltics and the EU.