Aliavia closes $13.5 million fund for women-led startups in Australia and US

ALIAVIA Ventures has just announced the close of its first fund. Sitting at $13.5 million, it supports ALIAVIA’s mission to invest exclusively in women-founded startups in Australia and the US.

Launched in 2021, ALIAVIA invests in pre-seed and seed stage B2B and B2C companies with at least one woman founder. To date, ALIAVIA has already invested $8.4 million across nine startups, which equates to 70% deployment of the fund thus far.

These include the Australian-based HowToo, Othelia and Eugene. The firm confirmed with SmartCompany that 55% of the startups invested in so far have been Australian.

According to ALIAVIA, out of the $238 billion invested globally in 2022, only 17% went to mixed-gender founding teams, and only 2% went to all-women teams.