Key Takeaways
- • Scale Investors, a venture capital fund that invests in female-founded startups, is seeking to raise $50 million in fresh capital, according to the Australian Financial Review's Street Talk column.
- • The fund is backed by high-profile Australian family offices, including the children of fashion designer Carla Zampatti and the Forrest family's Minderoo.
- • The fund is run by JBWere alumni Samar Mcheileh and Chelsea Newell, alongside Roo Harris, a former adviser to Qatar's ruling family.
- • The manager claims to have analysed about 600 qualified women-led deals this year and has three opportunities it hopes to invest in by year-end.
Summary
Scale Investors, a venture capital fund focused on female-founded startups, is looking to raise $50 million in fresh funds, according to a report in the Australian Financial Review's Street Talk column. The fund's backers include some of Australia's most prominent family offices, among them the children of Carla Zampatti and the Forrest family's Minderoo.
The fund is run by Samar Mcheileh and Chelsea Newell, both JBWere alumni, together with Roo Harris, a former adviser to Qatar's ruling family. According to the report, the team has run the numbers on about 600 qualified women-led deals this year, a figure the managers present as the basis for their investment screening.
The manager has identified a trio of opportunities it hopes to invest in before the end of the year. The source article is a Street Talk report; the available material does not provide further detail on fund terms, target close, or specific portfolio companies.
The fund is run by Samar Mcheileh and Chelsea Newell, both JBWere alumni, together with Roo Harris, a former adviser to Qatar's ruling family. According to the report, the team has run the numbers on about 600 qualified women-led deals this year, a figure the managers present as the basis for their investment screening.
The manager has identified a trio of opportunities it hopes to invest in before the end of the year. The source article is a Street Talk report; the available material does not provide further detail on fund terms, target close, or specific portfolio companies.
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