Welcome to the 蹤獲弝け News Weekend Update. An email form of this post went out Saturday morning. Happy reading!
About 3 percent of global venture capital dollar volume went to female-founded companies.
That���s true for this quarter. And the three preceding.
So, we asked venture capitalists for an explanation. Read what they said in��our most recent diversity quarterly report, then����your thoughts and follow-up questions for the next quarter.
While funding going into female founders is underwhelming, contract management startups raised��$170 million across two rounds; a Berlin-based mobile banking startup also raised��$170 million for its Series D; and there was a new��$35 million fund��esports along with a new��$850 million fund for software companies.
At the earlier stage of deals, healthtech startup Mahmee raised��$3 million to help improve maternal and infant outcomes; WAVE, a meditation music app, raised $5.65 million; and Finix raised��$17.5 million to help companies make payment processing in-house.
To learn more about the capitalists behind these deals, Gen矇 Teare interviewed Iris Choi,��a partner at Floodgate for the Seed Series. To portfolio founders she says, ���we want to know the three things keeping you up at night, and then all of us are going to be in place to help you through those things.��� As part of our Proust Goes Tech series, I chatted over black tea with Firefly���s CEO Kaan Gunay, and we were only distracted twice: when two cars sporting Firefly displays passed by.
We���ll end the week by stepping out of San Francisco. DouYou,��a China-based private technology company focused on esports, priced its IPO in a region that is��struggling to attract notable global VC investment. We also waded ���through the fine threads of Catalan politics,��� and how��Barcelona���s startups are pushing forward despite the political challenges.
啦棗泭��with you all,
.
P.S. Here’s your tweet of the week:
Deleted a sincere tweet because I had forgotten for a second that this website is hell
��� Brandy Zadrozny (@BrandyZadrozny)
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