Weekly Female Founder Funding Update

Mejuri, $23 million, Series B, Noura Sakkijha, Co-Founder & CEO
Toronto-based fine jewelry brand. New Investors include NEA and Imaginary, as well as Felix, BDC, Incite, and Dash Ventures. (Website, Crunchbase)

Zum, Undisclosed, Follow On to Series C, Ritu Narayan, CEO & Founder
Redwood City-based logistics platform offering child transportation for school districts, raised funding of an undisclosed amount from Citi Ventures. The investment adds to its existing $40 million Series C round. (Website, Crunchbase)

Other Funding Updates

New VC Fund
Serena Williams formed a venture firm called Serena Ventures, which invests in early-stage companies that “embrace diverse leadership, individual empowerment, creativity and opportunity.”

Crunchbase Q1 2019 Diversity Report — Female Founders Receive 17% of Q1 Funding
In Q1 2019, $8.1 billion went to companies with at least one female founder in the first quarter of this year, representing 17% of venture dollars. Of that, 2% was invested in only female founders, and 15% went to companies with male and female co-founders. (Read the report)