Serena Williams Venture Capital Firm Lands $111M

March 3, 2022

Serena Williams just scored a major off-court win — this time, with her venture capital firm.

Serena Ventures announced on Wednesday that its first fund has raised $111 million. The fund will “invest in founders with diverse points of view,” according to The New York Times. The company has made angel investments in about 60 brands, including Daily Harvest and MasterClass. 76% of founders in Serena Ventures’ current portfolio come from historically underrepresented backgrounds. FOS