A groundbreaking €50 million fund has been unveiled, dedicated exclusively to supporting tech companies founded or co-founded by women leaders.
RED Capital Partners, with offices in Madrid and Tel Aviv, spearheads this initiative aimed at empowering female entrepreneurs through strategic investments and global expansion opportunities.
The tech industry, historically dominated by men, is witnessing a significant shift. RED Ventures Fund I aims to bridge the gender gap in venture capital funding, recognising the high potential and lower failure rates of women-led projects.
European tech firms, particularly from Spain, are provided with an unprecedented opportunity to tap into Israeli technological innovations. This cross-border collaboration enhances the prospects for startups aiming at international expansion.
By adopting a ‘company builder’ approach, RED Capital Partners is dedicated to transforming portfolio companies into global leaders. Their hands-on strategy ensures robust business model development and product-market fit alignment.
The fund is poised to support up to 10 high-growth companies, ensuring each receives tailored guidance and strategic insights.
By occupying a board seat on each portfolio company, RED ensures collaborative efforts to optimise business strategies and market expansion.
The fund’s global approach provides comprehensive support, ensuring companies can efficiently navigate diverse markets.
The €50 million RED Ventures Fund I stands as a pioneering force in supporting female-founded tech companies, promising transformative growth through strategic investments and innovative collaborations.
This fund not only addresses the funding gap for women-led tech firms but also paves the way for a more inclusive and dynamic tech industry.
With a firm commitment to innovation and growth, RED Ventures Fund I sets a new precedent in venture capital investments.