ROCHESTER, NY (April 23, 2019) – Chloe Capital has been on a national mission to discover the best and brightest female entrepreneurs and their innovations. The seed-stage venture capital firm has been holding women-only pitch events in five cities across the United States as part of their Chloe Capital National Tour. Companies are selected based on their online submission and are then chosen to pitch their ventures live. The winner receives an investment from Chloe Capital and the opportunity to pitch to their funding partner, Astia Angels, for a follow-on investment.
Ms. Theresa Pipher of Dawnbreaker has been active on Chloe Capital’s Due Diligence Committee throughout the tour and has provided Competitive Intelligence (CI) and material review assistance for the applicants.
“Dawnbreaker is dedicated to assisting women and minority-owned firms prepare SBIR/STTR applications for federally funded advanced S&T awards,” says Dawnbreaker Founder & President Dr. Jenny C. Servo. “Assisting Chloe Capital in a nationwide search for the very best in female entrepreneurship was a very natural fit.”
The previous leg of the tour, held in Chicago, resulted in a $100,000 investment from Chloe Capital to Journey Foods. Riana Lynn, Founder and CEO of the start-up, is using AI-based foodtech to help solve the world’s $600B nutrition dilemma. The National Tour wraps up in May, with a stop in Binghamton, NY on May 1. More dates and cities are expected to be announced this year.
About Chloe Capital
Despite recent progress, less than 5% of all venture capital in the U.S. goes to women-led tech companies. Yet studies show that companies with women at the helm grow faster and produce greater returns for investors. Chloe Capital is a seed-stage venture capital firm that invests in women. We’re catalyzing solutions to the gender and diversity gap in entrepreneurship by offering investors the opportunity to Do Well by Doing Good. We recruit women-led technology and tech-enabled companies and use our national network to drive business after our investments.
Dawnbreaker a leading provider of commercialization services that support the Small Business Innovation (SBIR) and Small Business Technology Transfer (STTR) communities. Since 1990, Dawnbreaker has provided commercialization assistance to over 8,500 Phase I and Phase II SBIR/STTR awardees. Cumulatively these firms have received more than $2.5B in Phase III funding.
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