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Melinda Gates contributes to investment fund founded by women
25-1-2018
Melinda Gates, wife of co-founder of Microsoft Corporation, has contributed to an USD 300 million investment fund created and led by women. In a rare step in a sector still largely dominated by men, Aspect Ventures was set up in 2014 by engineer Theresia Gouw and capital venture expert Jennifer Fonstad to assist startups unregistered in the stock market. According to PitchBook database, only 11% of venture capital project partners are women. In terms of investments, 2.2% of the capital provided by the funds during 2017 went to companies exclusively run by women, according to the same source. (L’Orient Le Jour, January 25, 2018)
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