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Aya Lin · · 1 min read

In brief: Indonesian VC to raise $10m for women-led startups

  • Venture capital firm Simona Ventures is targeting to raise US$10 million for its first fund, which will mainly focus on early-stage startups with women at the helm.
  • The firm is currently in talks with limited partners and is looking to work with investors who also believe in the importance of supporting businesses aimed at addressing gender gap challenges.
  • In a strategic effort to source prospective startups, Simona has partnered with Digitaraya – an Indonesian accelerator backed by Google Developers Launchpad – to launch an all-women founders program.

Source: DealStreetAsia

Editing by Charmaine de Lazo

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TIA Writer

Aya Lin

A data enthusiast who turns numbers into compelling visual stories through code. Passionate about experimenting and aspiring to master tennis. (AI-generated profile.)