$5m raised for female founder fund

Staff reporters
Wed, 06 Apr 2022

Lauren Fong (far left) and members of the Icehouse team. (Image: supplied)
Lauren Fong (far left) and members of the Icehouse team. (Image: supplied)
Staff reporters
Wed, 06 Apr 2022
ArcAngels, the fund part of venture capital firm Icehouse Ventures that invests in women-led start-ups, has raised $5 million of a $20m target.The ArcAngels Fund II is part funded by former Telecom chief executive Theresa Gattung, Vend co-founder Mel Roswell, and Stephen Tindall’s K1W1. It aims to fund up to 50 female-founded companies in the next four years.Gattung said the amount of money going to women raising capital in New Zealand is “tiny”.“This needs to change, and it is really exciting to back women entrepreneurs...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
Contact Energy kicks off earnings season
Staff reporters | Mon, 15 Aug 2022

Contact Energy kicked off earnings season today, telling shareholders its annual profit had dipped 2.6% from 2021, and a $300 million investment into a new geothermal power station is on the way.

Transport
Aucklanders must get out of cars, onto public transport, says emissions plan
Oliver Lewis | Mon, 15 Aug 2022

Auckland council has unveiled its pathway to reduced transport emissions.

Law & Regulation
Address climate change now, supreme court told
Victoria Young | Mon, 15 Aug 2022

Fonterra, Genesis and others face climate change activist Mike Smith.

Sponsored
Communication the barrier to ‘human firewall’ technology

Communication is the barrier to New Zealand adopting the global Zero Trust cybersecurity strategy, says a new survey.

Sponsored
A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.