Melinda French Gates backs $52M round for women-founded early-stage venture capital firm

Melinda French Gates backs $52M round for women-founded early-stage venture capital firm

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Women-founded early-stage venture capital firm Magnify Ventures has announced a $52 million fund anchored by Melinda French Gates’ Pivotal Ventures. The round will drive investment in early-stage technology companies in four categories: parenting and family life, the future of work, household optimization, and aging and longevity, Magnify said. "When we invest in the care economy, we invest in women, families, and the economic future of this country," French Gates said. Wroblewski founded Magnify…

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