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"We really wanted to solve not just problems for women, which is a lot of what we do, but for families, small businesses, and immigrants, which is how we came around to these three verticals," says Diana Murakhovskaya, one of the co-founders of Artemis Fund, a $36 million venture capital fund focused on investing in women-led startups.
The fund, which closed its first fund five years ago, has invested in more than 100 startups and has seen returns in excess of 50%, Murakhovskaya says, per the Houston Chronicle.
The latest fund, its second, will focus on technology within commerce, care, and small businesses, Murakhovskaya says.
"We really wanted to solve not just problems for women, which is a lot of what we do, but for families, small businesses, and immigrants, which is how we came around to these three verticals," she adds.
The fund will focus on early-stage technology companies that are solving "big markets and big problems" in areas such as health care, finance, and logistics, Murakhovskaya says.
"We're thinking about what founders are building in these industries to help these businesses thrive and leave these legacy assets to their children," she adds.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Tesla plans to deploy a small fleet of robotaxis in Austin in the coming weeks.Tesla FSD 13.2.9 will still run a kid down while illegally blowing past a stopped school bus with red lights flashing...more
Awarded funding will support a wide range of activities between now and September 30, 2025.The FCCN initiative, supported by $85,000 in grant funding, will help build and sustain a Family Child Care...more
The Delivering Innovative Vocational Education through Virtual Reality Technology new workforce training program aimed at preparing individuals with disabilities for the program.DIVE-VRT delivers...more
Children are growing up surrounded by screens, apps, and smart devices.Being intentional about tech use goes a long way toward deepening interest in tech and creating meaningful experiences.Creating...more
Safeguarding innovation and trade secrets in American AI leadership Safeguarded innovation andtrade secrets in U.S.AI leadership.Testimony was given before the House Judiciary Subcommittee on Courts,...more
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
