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Wxr Fund Closes The First And Only Venture Fund Exclusively Focused On Women Pioneering The Next Wave Of Computing

PRIVATEJun 30, 2021

Round Type

Funding Round

San Francisco

Description

WXR Fund, the first ever venture fund investing exclusively in women in the extended reality (XR) and artificial intelligence (AI) spaces, announces the close of its inaugural fund at $5 million. Participation included over 50% women across individual investors, family offices and strategic partners such as the Venture Reality Fund.

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Company Information

Company

Wxr Fund

Location

San Francisco, California, United States

About

Founded in 2019, WXR Fund is the first and only venture fund focused exclusively on what the founders know to be the two greatest opportunities of our time: the next evolution of computing and women-led startups. The organization advocates for underrepresented founders changing the VR/AR/AI landscape. Amy LaMeyer and Martina Welkhoff, the co-founders of WXR Fund, form a nucleus of know-how and vision into the spatial computing ecosystem with uniquely complementary professional journeys. Welkhoff brings an insider's perspective as a successful startup founder and industry luminary. LaMeyer offers an essential perspective with experience in corporate development, M&A, and in artificial intelligence as well as being a globally recognized influencer. They are joined by Founding Venture Partners Malia Probst and Abby Albright as well as Venture Partner Jason McDowall.

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