Hola VCFamilia!

Big news coming through. Have we sparked your curiosity?

Well keep reading…

💢Major Updates

🎭Changing Things Up

First of all, with all of you in mind, we've made a big decision regarding this newsletter. We want to customize it to you, our audience, who are largely made up of investors and founders. Therefore, from now on, there will be a newsletter every week. One week will specifically be for our investor audience, and the next will be for our founder audience.

With that being said, welcome to the first VCFamilia Investor Newsletter!

You can expect the following:

• 💢 Major Updates

  • From the VCF team to you, anything you need to be in the loop about in regards to the community

• 🤑 The Capital Corner

  • Who’s raising capital? What’s going on in the capital markets? What’s our community up to?

• 📅 Programming

  • Recap of previous events, events coming up, spread the word events

• 💁‍♂️💁‍♀️ VCF Fam Features

  • Nominate someone to be featured in the next newsletter

• 👩🏾‍💻 10 VC Role

  • Who is hiring?

• 🔊Call to action

  • Referrals to VCFamilia

And now for the fun part😎.

🤑The Capital Corner

Who’s raising capital? What’s going on in the capital markets? More importantly, what’s our community up to?

Here’s the latest.

🎆Supply Change Capital Raises Debut Fund!🎆

We're excited to share some inspiring news from the world of venture capital! Supply Change Capital, a female and Latina-owned firm, has successfully closed its first fund with an impressive $40 million in capital commitments. The fund's primary focus is on investments in the global food industry, valued at a staggering $10 trillion.

Co-founders and managing partners, Noramay Cadena and Shayna Harris, bring a wealth of experience to the table. Cadena, with a background in aerospace engineering, and Harris, previously serving as COO at Farmer's Fridge, make a dynamic team with a shared vision for the future of food technology.

This female and Latina-owned firm stands out among women-led VC firms, investing in technology and consumer companies to understand the ecosystem's pain points. Already deploying $13 million across 15 startups, 80% of their portfolio is led by Latinx, Black, or female founders.

Supply Change Capital's mission to secure the future food supply and address global food and water crises highlights their unique perspective and invaluable contribution to the industry.

Here's to Supply Change Capital and their vision for transformative change in the world of food tech, making a positive impact with every investment!

📅Programming

📽Eventos Recap

Austin Coworking Day

To close out the summer just yesterday, we headed over to Austin. Our amazing hosts, Alejandro Lozano & Elisa Sepulveda (VCF) and Ivan Huerta & Alonso Mujica (FF), rounded up the founder and investor ecosystem to get together for a day filled with networking, building, and sharing ideas. Not only did our hosts and sponsor, Gunderson-Dettmer, provide the crew with coffee and lunch but special programming as well where the team shared a startup 101 presentation from a legal perspective, covering entity types and important tax documents.

It was one of our biggest turnouts in Austin yet with 30 attendees showing up to build community. Thank you to our sponsor, Gunderson-Dettmer, and a special thanks to all of our hosts for making it happen.

See you next time Austin!

LA Coworking Day

Sharing some photos from the community partner event in LA earlier this summer with Nabu and LBAN hosted by Nabu founder, LBAN Director of Programs, and valued FounderFamilia member- Elian Savodivker!

🎟Upcoming Events

It’s almost here, the best time of the year- keep an eye out for Hispanic Heritage Month event invitations coming soon!🎉

📣 Spread the Word

LBAN Scaling Program Application

Attention Latine entrepreneurs! LBAN's Business Scaling Program at Stanford is now accepting applications for Cohort 16 & 17. This is a 9-week hybrid program that includes two weekends at the GSB with Stanford faculty, engaged in lectures, workshops, networking, and opportunities to redefine your growth mindset. The program is designed so that you can continue running your business while participating in this Stanford program with other Latino business leaders around the country. In addition to the in-person time at Stanford, the program includes 8 weeks of online curriculum and capital matchmaking conversations.

Apply today for Cohort 16 (Sept. 13th - Nov. 18th, 2023) or Cohort 17 (Mar. 27th - Jun. 1st, 2024) and become part of a community of over 1,000 Latino and Latina entrepreneurs.

If you missed the info session, here is a short deck with more details on the program!

Comcast LIFT LABS Accelerator

For you all to share with your portfolio companies!

Applications for the Comcast NBCUniversal LIFT Labs Accelerator: Enterprise AI are now open! Since LIFT Labs launched its first accelerator in 2018, 54 portfolio companies have raised more than $300 million in venture capital. More than 84% have landed a proof of concept, pilot, or commercial deal with Comcast NBCUniversal — including 100% of the companies in the 2022 and 2023 accelerators. Don't miss your chance to join— apply today. 

Invite your founders to join a virtual information session on Thursday, August 17, 11– 11:45 AM ET. Its a great chance to connect directly with their team to learn more about the program and have all of their questions answered- RSVP here!

And don’t worry, if your founders weren’t able to join, shoot us an email us at [email protected] and we’ll send over the recording of the session!

💁‍♂️💁‍♀️VCF Community Spotlight

Are you in a fund that’s raising? Do you want to nominate someone? Do you want yourself to be featured? Do you have a big announcement you want to share?

You’ve come to the right place. This section of the newsletter is especially for elevating and celebrating our community🎉.

The first one will be posted next newsletter- nominate someone below!

👩🏾‍💻10 VC Roles

1. AI Investor, SamsungNext Ventures

2. Investment Analyst, Pivotal Ventures

3. Associate, Chain Ventures

4. Analyst/Associate, Grand Ventures

5. Impact Investment Associate, Angel City Advisors

6. Strategic Initiatives Intern, General Catalyst

7. VC Analyst, BDMI

8. Investment Analyst, Picus Capital

9. Analyst, Chingona Ventures

10. Analyst, Lerer Hippeau

🔊Call to Action: Referrals

Do you know someone who would be a perfect fit for our community? Send them this link and have them apply to our community!

See you next week founders!