Postponing was not an option. “Early stage Female Founders pitching for capital receive on average $1 million less than their male counterparts,” wrote M12 General Manager and Managing Director Tamara Steffens in a recent LinkedIn post about the competition. “That $1 million deficit ladders up to a much broader systemic issue; if we take a step back, female founded companies raised only 2.8 percent of venture capital in 2019.” The team was adamant: they needed to deploy this capital as soon as...

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