Supply Change Capital is latest womenled VC to raise substantial debut fund | TechCrunch

Image for article Supply Change Capital is latest womenled VC to raise substantial debut fund | TechCrunch

News Summary

  • Supply Change Capital closed on million in capital commitments for its first fund targeting investments in the global food industry valued at trillion
  • The female and Latina owned firm is spearheaded by co founders and managing partners Noramay Cadena and Shayna Harris
  • The pair are backed by a list of heavy hitting limited partners including INC the venture capital arm of General Mills MassMutual through its First Fund Initiative and the Office of the Illinois Treasurer through the Illinois Growth and Innovation Fund
  • Eighty percent of the firm s portfolio is comprised of Latinx Black or female founders and CEOs
Supply Change Capital closed on $40 million in capital commitments for its first fund, targeting investments in the global food industry valued at $10 trillion.The female and Latinaowned firm is s [+3848 chars]