MergeLane to raise $20 million for new investment fund
BOULDER — MergeLane LLC, the investment fund focused on startups with at least one woman in leadership, is raising $20 million for its new MergeLane Highway Fund.
The $20 million fund is being raised with two goals in mind, Chief Investment Officer and co-founder Elizabeth Kraus told BizWest. The first is to invest in approximately 20 startups that have at least one woman in leadership. The investments will range from seed to Series A. The second is to make investments in venture capital funds with at least one female VC partner.
“The reason we’re doing that is, like startups, VC firms that…
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