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Artemis Fund has a fresh $36 million to back diverse founders solving ‘big, hairy problems’
For Fund II, Artemis intends to continue leading and co-leading investments and will target around 20 new companies.
Stephanie Campbell, Diana Murakhovskaya and Leslie Goldman Tepper founded Artemis in 2019, naming the firm after the Greek goddess of the hunt, wild things and a champion of women. The firm’s strategy is to “help move the funding needle for female and diverse founders by leading their rounds, advocating for them, providing access to national co-investors, and instituting discipline early to hit real revenue growth,” Campbell said. Pitchbook reported that at the general partner level, the share of female check-writers at the largest venture capital firms grew slightly to 17.4%.
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