News Summary

Swizzle Ventures, a newly launched venture firm focused on women’s health and wealth, has closed its Fund I at $6.6 million, surpassing its initial target of $3 million. Founded by Jessica Kamada, the firm aims to address issues such as caregiving and finances, with 70% of its limited partners being women. The fund will provide pre-seed and seed-level investments ranging from $100,000 to $200,000 to startups. Swizzle Ventures has already backed 11 companies and plans to invest in 30 in total. This initiative enters the venture capital space at a crucial time as women’s health and financial empowerment are becoming increasingly significant.