At the same time, companies are becoming more willing to offer flexible job options to them due to talent shortages. Mothers, who left the workforce in large numbers during the pandemic, are increasingly able to return to work as schools reopen, said Allison Robinson, co-founder and chief executive of the Chicago-based Mom Project.
The Mom Project Inc., a job board for mothers, raised $80 million in new capital at what may be a pivotal moment for working women and the companies that want to hire them, WSJ Pro's Yuliya Chernova reports. Seed investing, which is oftentimes a startup's first infusion of outside capital, can offer huge payouts along with the additional risk of investing in nascent and unproven businesses.Īndreessen Horowitz said in August it raised a $400 million seed fund and last month Greylock Partners raised a $500 million seed fund.Ĭapital Raise. The fund comes as venture firms are doubling down on seed investing amid increasing competition in the venture-capital industry. NFX made seed investments into companies including DoorDash Inc. NFX invests in startups based in the U.S., Israel, Latin America and Europe. The fund will focus on businesses in sectors including crypto, fintech and gaming, according to the post. San Francisco-based venture firm NFX Capital Management said Tuesday in a blog post that it raised a $450 million fund that will exclusively target pre-seed and seed startups. The arms race to raise larger war chests to target young startups has intensified.
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