29 Jan M&G invests over €9 million in Borski Fund
January 29, 2025
AMSTERDAM, the Netherlands – Borski Fund, an Amsterdam-based venture capital firm supporting innovation and gender diversity, announces its largest LP investment by M&G Investments, one of the oldest and most renowned global investment management firms, with an €9 million commitment to its fund.
“This marks one of the largest investments in the history of Borski Fund,” said Founding Partner Simone Brummelhuis. “Even more significantly, it represents a strong endorsement from one of the leading and most successful international savings and investment firms.”
“Only one percent of venture capital funding is invested in women-led teams, while a staggering 94 percent goes to male-led teams, despite research consistently showing that diverse teams tend to be more innovative and achieve better performance.
“M&G now joins our esteemed group of limited partners, all of whom are dedicated to supporting and advancing Borski’s mission of empowering exceptional female founders and their startups,” said Brummelhuis. “With this investment, we are thrilled to announce that the fund has now reached its hard cap of 50 million euros.”
Alex Seddon, Head of Private Equity and Impact at M&G Investments, adds: “We are glad to announce our commitment to 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 female-led funds in Europe, our investment in Borski Fund reaffirms our commitment to play our part in building a more inclusive society.”
About Borski Fund
Founded in 2019 by forerunners Simone Brummelhuis and Laura Rooseboom, Borski Fund is a pioneering venture capital firm headquartered in Amsterdam. Committed to closing the funding gap for women-led startups, Borski Fund champions diversity in entrepreneurship by investing in businesses with female (co)founders or those creating innovative products and services designed for women. With a strong focus on transformative industries such as healthcare, circular energy, and future societies, Borski Fund empowers inclusive innovation while fostering equitable access to capital.
Recent investments by Borski Fund reflect its commitment to fostering diversity and innovation. These include Soft Revolt , a lingerie brand breaking boundaries; VivArt-X , a pioneer in biomaterials for personalized breast reconstruction and regeneration; and CarbonX , which offers a sustainable, cost-effective alternative to graphite in electric vehicle battery production
About M&G Investments
M&G Investments is part of M&G plc, a savings and investment business which was formed in 2017 through the merger of Prudential plc’s UK and Europe savings and insurance operation and M&G, its wholly owned international investment manager. M&G plc listed as an independent company on the London Stock Exchange in October 2019 and has £346.1(€408.2) billion of assets under management (as of 30 June 2024). M&G plc has customers in the UK, Europe, the Americas and Asia, including individual savers and investors, life insurance policy holders and pension scheme members.
For nearly nine decades M&G Investments has been helping its customers to prosper by putting investments to work, which in turn creates jobs, homes and vital infrastructure in the real economy. Its investment solutions span equities, fixed income, multi asset, cash, private debt, infrastructure and real estate.
M&G recognizes the importance of responsible investing and is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and is a member of the Climate Bonds Initiative Partners Programme.
M&G plc has committed to achieve net zero carbon emissions on its total book of assets under management and administration by 2050 and committed to reduce operational carbon emissions as a corporate entity to net zero by 2030. For more information, please visit: https:// global.mandg.com/