Costco Wholesale Commits $1 Million to Venture Capital Firm Fearless Fund to Support Women of Color Founders
Posted on 228 Fearless Fund, the first VC fund built by women of color, for women of color, has received a $1 Million investment from Costco Wholesale Corporation (Nasdaq: COST) as a sign of support for the fund’s mission to address the disparity that exists in venture capital funding for women of color-led businesses. Launched in 2019, Fearless Fund invests in WOC-led businesses seeking pre-seed, seed level or series A financing. Its mission is to bridge the gap in venture capital funding for female founders of color building sc...
Source: financialbuzz.com