More women step into investing roles & other female founder news: Aug 21

This monthly series showcases some of the best news for female founders.

Skim the news below to learn about the latest news, funding, opportunities and thought leadership for female founders.

  • Adore Beauty founder turns ‘defacto godmother’ for startup hopefuls. "I think having that passion and drive to solve that particular problem is what gets you through the days when everything just seems a bit too hard.”⠀- Kate Morris, Founder of Adore Beauty. ASX-listed Adore Beauty founder Kate Morris supporting the next gen of female founders including breast pump startup MilkDrop. Read more in The Age.

  • Female VC partners emerge to ride the tech wave. One of Australia’s biggest VC firms, Airtree Ventures promotes two women to Partnership positions. Congratulations to Jackie Vullinghs and Elicia McDonald. Read more in the Australian Financial Review.

  • LaunchVic’s new plan eyes long-term success of startup sector. Victoria’s startup agency, LaunchVic released it’s 2021-2024 strategy to support the $7B startup sectors’ founders, investors and talent. Read the press release from LaunchVic.

  • No all-male boards milestone reached on ASX 200. “When the AICD began its quarterly reporting of women on ASX 200 boards in 2015, there were 28 all-male boards. With the last two all-male mining boards appointing highly qualified women NEDs this month there are no longer any all-male boards on the ASX 200.” Read more from the Australian Institute of Company Directors.

  • Jelix Ventures raises $15M from who’s who list for an early stage VC fund. Led by CEO Andrea Gardiner, Jelix Ventures is a new Aussie VC fund built from scratch with support from top founders and investors. Above industry levels, 30% of the fund investors are female and 1/3 of their existing startup portfolio have a female founder on the team. Read the article in Startup Daily


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