A new global consortium to address the gender funding gap is seeking to mobilise as much as $1 billion to invest in women-founded companies within the next decade.
Called The Billion Dollar Fund for Women (TBDF), it plans to invest $100 million in such startups by 2020. The consortium has so far secured pledges of over $460 million from global investors including Gobi Partners, Golden Gate Ventures, Rethink Impact, Springboard Growth Capital, Backstage Capital, Different Funds and others.