TLDR:
- The Artemis Fund, a Houston-based, female founder-focused venture capital firm, has announced a second $36 million fund to support women-led startups in the fintech, commerce, and care sectors.
- Founders Stephanie Campbell and Diana Murakhovskaya aim to address the lack of funding and support for women in the startup space, focusing on industries that have the potential for high impact.
Stephanie Campbell and Diana Murakhovskaya, co-founders of The Artemis Fund, recognized a gap in the market when it came to investing in women-led startups. They noticed that women only received 2 percent of venture capital funding and decided to take action to address this disparity. As angel investors, they saw a number of promising female-led businesses that were in need of capital to bring their innovative solutions to market.
The Artemis Fund was created to specifically support overlooked and underserved markets, with a focus on empowering female founders in the fintech, commerce, and care sectors. The goal of the fund is not only to support women but also to help families, small businesses, and immigrants by investing in innovative technologies that can drive positive change in these industries.
With the announcement of their $36 million fund II, The Artemis Fund plans to continue investing in female-led startups that are developing tech solutions to address key issues within the identified sectors. By supporting these founders, Campbell and Murakhovskaya aim to not only drive innovation but also to create opportunities for growth and success within these industries.
Overall, The Artemis Fund is committed to empowering female founders and driving positive change in the fintech, commerce, and care sectors through strategic investments and support. With their new fund, they hope to make a significant impact on the startup ecosystem and help bridge the funding gap for women entrepreneurs.
