Home / Science | Technology / AllBright secures £1.85M Series A, as women-led ventures ramp up in the UK

AllBright secures £1.85M Series A, as women-led ventures ramp up in the UK

Unfortunately, maximum investment networks are ceaselessly outdated boys’ golf equipment. But extra women-led investor corporations like BB Ventures, Kapor Capital and Backstage Capital in the U.S. and Allbright in the U.Okay. are demonstrating to the VC international that you’ll convey actual trade AND be intentional about investment various ventures, at the identical time. Who knew?

AllBright – the collective for operating girls introduced in November 2016 to supply adapted coaching, area and investment for feminine founders and bosses – is progressively attending to that individual level.

It’s now closed its sequence A spherical, which, even supposing no longer a fund, can be an funding into AllBright’s operations itself. This will see it transfer into the provision of bodily area for feminine founders and dealing girls.

Founded via Debbie Wosskow OBE (founder and previous CEO of Love Home Swap) and Anna Jones (former CEO of Hearst UK), Allbright’s £1.85m sequence A spherical has been led via a Cain International consortium together with main assets developer Galliard Homes, along people together with Robert Swannell (M&S), Mervyn Davies (Corsair), Paul White (Frogmore), Ben Samuels (WePaintings) and Jan Hall (Heidrick & Struggles/JCA).

The concept here’s to turn into recognized as the “premier destination for female business leaders and executives keen to take their companies and careers to the next level.”

Allbright is already making an investment, having sponsored six female-led companies since release (together with Chiaro, the sensible client gadgets corporate, and Piccolo, an natural child meals logo). It’s additionally introduced the AllBright Academy, a virtual and in-person tutorial platform for ladies wishing to begin or scale their very own trade.

It’s additionally created the inaugural ‘FoundHER’ Festival of Female Founders, bringing in combination a line-up of over 80 audio system and 1,000 attendees over the process six days in London and Manchester. Speakers integrated Cath Kidston, Liz Earle, Martha Lane Fox and Sarah Wood.

Plus, it’s appointed Erica Allen as Chief Operating Officer, prior to now of HomeAway (bought via Expedia) and Farfetch.

Debbie Wosskow mentioned: “We are delighted to be working with Cain International, Galliard and our group of angel investors. In the ten months since AllBright launched, we have begun to build a network for working women that we hope can make the UK a great place for female founders and executives. We’re excited for the next stage of scaling up our platform, events and funding over the coming months.”

However, Allbright does no longer have a monopoly on backing girls in tech in the UK.

Blooming Founders, began via entrepreneur Lu Li, may be aiming to create “London’s First Business Club for Female Founders” and can open its Blooms area on October 2d in Old Street, London.

Blooms is designed to “create an inspirational environment for female founders to work from and do business in.” It will be offering a curated club: a supportive community of founders, freelancers, advisors and traders and can be open 7 days every week with a Crèche on web site. Li says Blooms has been created for ladies, however is open to all genders.

Meanwhile, Angel Academe is an more and more influential angel community serving to “more women to enjoy the benefits of angel investing and, at the same time, helping the best UK tech startups access the capital and “smarts” girls convey.”

It has a portfolio of 12 corporations and was once began via Sarah Turner and Simon Hopkins.

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