FinTech news in Privilège Ventures category

The study also showed that startups founded and co-founded by women received less than half the average investments made into companies led by men, even though the female led startups generated 10% more revenue over time. Privilège Ventures’ LPs are mainly high net-worth individuals and family offices, the firm says, and the fund aims to write 15-20 early-stage checks, with initial investments in the $250,000 range. The firm says that its investment thesis is based on the statistical evidence that women perform better than men in leadership roles. The CHF 20 million (just over $20 million) fund is earmarked for women-led early-stage startups across Europe.