Halogen Ventures closed a $30 million Fund III to put money into early-stage startups constructing within the “way forward for household,” as reported first by Fortune.
The agency was founded in 2015 by Jesse Draper, the daughter of famed enterprise capitalist Tim Draper. She defined to Fortune that the fund will give attention to the bodily and monetary well being of households.
Startups within the care financial system have acquired extra investor curiosity previously few years after the pandemic, which exacerbated childcare and aged care struggles. Different funds that work on this area embrace Pivotal Ventures and Amplify Ventures.
Halogen focuses on client corporations which have at the very least one feminine founder. It has invested in corporations similar to Teal Well being and Vibrant Planet, and final raised a $21 million Fund II in 2021 and a $10.41 million Fund I in 2018, per Pitchbook. Halogen didn’t instantly reply to our request for remark.