The Artemis Fund Raises $36M To Fund Diverse Tech Founders

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The Artemis Fund Raises $36M To Fund Diverse Tech Founders
Women-Led Emerging ManagersFemale FoundersVenture Capital
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Geri Stengel has written about the success factors of women entrepreneurs in Forbes for 10+ years.

The Artemis Fund leads seed rounds for diverse tech founders in fintech, commerce, and care building the economy of the future.

Artemis Fund's focus on seed-stage investments filled a crucial gap, providing much-needed capital and support to early-stage companies led by women and people of color. The fund's emphasis on sectors like fintech, commerce enablement, and the care economy further underscored its commitment to driving economic mobility and prosperity for underserved communities.

Building on the foundation laid by Fund I, Artemis Fund II represents a significant step forward in the firm's mission to support female-founded and co-founded tech companies. While maintaining its core investment philosophy and focus on early-stage ventures, Fund II distinguishes itself through several key enhancements:Fund II boasts a larger pool of capital than Fund I , enabling Artemis to make more significant investments and support more companies.

Another obstacle is the high cost of starting and maintaining a VC fund. Small funds, especially in their early stages, often struggle early on to generate enough fees to cover operational expenses until they achieve successful exits generating returns for themselves and their investors. This financial strain can be particularly acute for emerging managers.

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