– Family first. Halogen Ventures has closed a fund of 30 million US dollars to invest in a new thesis: the future of the family.
Founding partner Jesse Draper identified this area as a ripe for investments immediately after the Covid pandemic. The US childcare system was broken and the families fought. Draper wanted to tackle it-as an investor who had already supported women founded by women, she could expect the answer she would get. “People would say:” This is no chance that is big enough, “she recalls.
Draper positioned from the definition of her thesis as childcare for the future of the family, which includes, among other things, the physical health and financial health of families. She ran a study From the “Future of Family” as a category and found that it was a market worth 7.5 trillion US dollars, including childcare, ed tech, tech for families, digital workplace solutions as well as child and youth services. “(Families) want more planning tools, they want more financial management tools, they want more time overall,” says Draper.
The company has already invested in companies that are coordinated with this thesis, including the baby registration platform BabylistThe childcare market upwards and the transport companies Hopskipdrive.
This is Halogen’s third fund. The fund’s LPS include Gingerbread Capital, Lanyon Advisors, Fenwick’s middle money and the state of Alabama through his program Alabama innovate. Halogen is the program’s first out-of-state partner and has undertaken to support founders in Alabama. After very difficult years, Draper advises to try out other, non -traditional sources.
“It is a number game – will not be discouraged if eight people say no to them. They didn’t speak enough,” she says. “We spoke to almost every fundraising campaign and you really have to come out of it. You have to travel. You can’t just put on your city. You can’t be afraid to get on a plane and go new places and meet new people.”
Emma Hinschliffe
Emma.Hinkniff@Fortune.com
The most powerful newsletter Daily Daily is Assets’s daily briefing for and about the women who lead in the business world. Today’s edition was curated by Nina Ajemian. Subscribe to Here.
Also in the headlines
– Decision of the decision. The Supreme Court ruled that South Carolina Medicaid Fund can refuse to his planned parenting clinics in a 6: 3 decision that can inspire other red states to follow the excerpt. Medicaid is the largest insurer for pregnant people in the USA, and without this financing, the clinics in South Carolina can be forced to dismiss patients. The 19th
– in fashion. Anna Wintour joins the head of the editorial content American fashion After a 37-year steering of the fashion magazine. While the publication is looking for its next guide, Wintour will continue to be a Chief Content Officer from Condé Nast and Global editorial director of fashion. WWD
– Pfizergate Fallout. The President of the European Commission Ursula von der Leyen faces a non-confidence about “Pfizergate” or how they dealt with the CEO of the pharmaceutical company with private news. The right -wing extremist legislators say that they have enough support to submit a voting application that the Leyen will probably survive. Finance times
– Fresh fleet. Qantas Airways CEO Vanessa Hudson (No. 54 on the 2025 MPW list) received the full support of market analysts to carry out massive fleet overhaul after waiting for an analyst to improve its rating. This will be the greatest overhaul in the history of the airline, with Hudson says that the new, fuel-efficient jets will help increase income. Bloomberg
Makers and Schüttler
The MTR Corporation called JENY YEUNG Mei -chun CEO, which makes you the first female CEO of the company. Before that, she was the managing directors of the Mtr.
Calle called Colorado College Manya whitakers President. Before she was an interim president, she was the EPP and chief of staff of the former president of the school L. Lied Richardson.
DataminR, a AI platform for real-time events and information, named Tiffany Buchanan CFO. Most recently, she was SVP for finance and capital markets at Crowdstrike.
Sundial Media & Technology Group appointed Brooke Devard Ozaydinli As Chief Content Officer from Refinery29. She is the host and creator of the podcast Naked beauty And was previously Creator Marketing Manager, Video Lead on Instagram.
Information management company OpenText appointed Christian Ludgate to his board of directors. Most recently she was Chief People Officer at HP.
On my radar
Waymos self -driving future is here Time
The startup of the former Openai Managing Director Mira Murati will report to use custom AI models for your company Inc.
Sarah McLachlan at the end of Lilith Fair, her new comeback album and this aspa commercial Rab
Farewell words
“The most revolutionary thing we can do now and foremost is to love each other.“”
-Susan L. Taylor, who is the longest in office editor -in -chief of von BeingsPresent Talks with the author Asha Bandele for the 55th anniversary of the magazine
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