Does Venture Capital undermine human rights?
A weekly newsletter that profiles women in venture and start-ups
Welcome to Heroa, a weekly newsletter that aims to raise the profile of women in venture. If you enjoy what you read, please do share this newsletter with friends and subscribe - Alexandra.
Round up of the news this week
📈 Nykaa, an Indian beauty e-commerce company has filed for an IPO at a $4B valuation. Falguni Nayar, an ex-banker, founded the first woman-led Indian unicorn to go public.
💰 Tania Boler, has raised a £58m Series C round for her company Elvie, which produces discreet breast pump.
💸SaaS startup Localyze, which is led by three female co-founders and is a platform that supports international staff during the relocation process has raised a $12m round.Â
🌱Anni Noel-Johnson, CEO of Sproutl, a marketplace for gardeners living in the UK has raised a £6.5m Seed round.Â
💲 Constance Freedman and Liza Benson have closed a second $200M fund at Moderne Ventures.
Opinion pieces
Does Venture Capital undermine Human Rights? Amnesty International recently surveyed the world’s largest venture capital firms and startup accelerators. Of the world’s 10 largest venture capital firms, not a single one had an adequate human rights due diligence process that met the standards outlined in the UN Guiding Principles on Business and Human Rights.
Thoughts on mandatory AI smile testing for employees. Nicola Thomas at Canon talks about why the decision to implement this technology is based on three incorrect assumptions, and why it will backfire.
Negotiation coaching from an investor. Confused by negotiations on valuation and dilution? Alda Leu Dennis, General Partner at Initialized Capital talks through effective levers founders can use to negotiate on valuation, how important it is to understand what your counterparty cares about, and how to communicate in a way that will be heard.
Events
💻 European State of the Markets trends on 15 Sept @ 9am with Evgenia, Partner at Dawn Capital please register here
📅 Debut Sessions is back for its 4th live pre-seed pitch event on 30 Sept at 10am please register here
Opportunities
Seedcamp is hiring a Network Manager to join the team.Â
Sifted is hiring for a reporter
Eka Ventures is hiring for an Associate
SEE YOU NEXT MONDAY!
If you have any comments, questions, or want to chat about start-ups and venturing, please drop me a comment.
Written by Alexandra Wyatt, based in London but (usually!) a global traveller. You can also reach me on Twitter.