M&G Investments invests more than €9 million in Borski Fund

31 January 2025

Borski Fund is proud to announce that M&G Investments has invested more than €9 million in the fund. With the largest LP investment to date, Borski Fund reaches its hard cap and grows the fund to a total size of €50 million. M&G Investments' entry underlines the growing interest of international institutional investors in the value of inclusiveness and impact-driven entrepreneurship.

More capital to promote diversity in venture capital.

Borski Fund invests in innovative technology companies with diverse founding teams, with a specific focus on companies led by women. M&G Investments' investment strengthens Borski Fund in pursuing its mission: to create a more equal funding landscape and harness the untapped potential of women entrepreneurs.

Simone Brummelhuis, Founding Partner Borski Fund:

"Only one per cent of venture capital is invested in teams led by women, while a whopping 94 per cent goes to teams led by men, despite research consistently showing that diverse teams are more innovative and perform better. M&G now joins our valued group of limited partners, all of whom are committed to supporting and advancing Borski's mission to empower exceptional women founders and their startups."

A powerful step in the growth strategy.

Since its inception, the fund has invested in promising technology companies with female founders and mixed teams. These include Soft Revolt, a lingerie brand pushing boundaries; VivArt-X, a pioneer in biomaterials for personalised breast reconstruction and regeneration; and CarbonX, which offers a sustainable, cost-efficient alternative to graphite in the production of batteries for electric vehicles. The expansion of the fund will allow Borski Fund to further grow its portfolio and support even more entrepreneurs in realising breakthrough innovations.

"This is one of the largest investments in Borski Fund's history. More importantly, it is a strong endorsement of one of the leading and most successful international savings and investment companies," said a proud Simone Brummelhuis.

Alex Seddon, Head of Private Equity and Impact at M&G Investments:

"We are pleased to announce our involvement in Borski Fund, an impactful company taking bold steps to address the critical funding gap faced by women-led businesses. As with our recent contributions to Bethnal Green Ventures and Pact, two other women-led funds in Europe, our investment in Borski Fund reaffirms our commitment to do our bit for a more inclusive society."

Want to know more about Borski Fund?

Then check out the fund page or visit the fund website.

Curious about how Borski Fund is helping to close the funding gap for female founders? Or to Laura Rooseboom's advice for start-ups with underrepresented founders who are struggling to raise funding? You can read all about it in this expert blog.