Serena Williams invests in Health-care startup

Female Founders Fund by Serena Williams invests in Health-care startup HUED, founded by entrepreneur Kimberly Wilson. 23 Slams winner American tennis star participated in this $ 1.6 million investment with Serena Williams’ VC fund Serena Ventures, Black Founders Matter, Gingerbread Capital and angel investor and health-care leader Halle Tecco.

Wilson tells CNBC: “I started this company because of my core belief in the preciousness of Black lives and the desire to protect it. Building a startup as a Black woman in health care is hard, incredibly hard. And, I think that’s why this round announcement is particularly special, to think that the pandemic, while horrific and tragic, really amplified the disparities that exist within health care that can no longer be ignored.

Serena Williams invests in Health-care startup

Female Founders Fund has been committed to investing in women and minority founders from day one. That is their North Star. So, it already made sense to embark on that journey together.

And for Serena, who has personally talked about the issues she has had as a Black woman navigating the health-care system, obviously there was a mutual sense of understanding.

” With a cash prize pool of over $ 90 million, Serena Williams is the highest-earning tennis player in the history of tennis, and among the many economic diversifications the American has, she is also very socially active, for helping minorities and people in need.