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Emmeline Ventures Launches Female Led Venture Fund

Los Angeles-based Emmeline Ventures said this morning that it has launched a new, all-female led venture fund, which will focus on seed and early stage, female-founded companies. The new firm said it is in the midst of raising $5 to $8M in its initial fund, which it says it plans to invest in up to 20 businesses. The new firm is led by General Partners Azin Radsan van Alebeek, Naseem Sayani, and La Keisha Landrum Pierre. The new venture fund said it recently made its first investment in Clutch Wallet, a crypto/web3 startup which has a web and mobile-based digital wallet.