Issue #26 | Wednesday, September 16, 2026
Approximately $194.2M in disclosed startup funding went to 8 companies with one or more verified female founder this week.
The largest raise was TwoStep Therapeutics' $62.5M Series A.
One women-led fund was announced: Clean Growth Fund’s $110M (£81.5M) second close of Fund II.
Athletes on the Cap Table highlights the capital moves of Issa Rae, Drake Maye, Dak Prescott, Micah Parsons, and Amber Atherton.
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Amie
Read my latest article in Inc.—2 Retail Veterans Just Raised a Debut Fund to Back the $15 Trillion Female Economy—a profile of Dawn Dobras’ and Margaret Coblentz’ $17M Capital F Fund I
Amie Sheridan | Editor, WINS LIST
📈 Founder Raises
Funding rounds raised by companies with one or more women founders
Tier 1 — Mega Rounds ($100M+)
No Mega Rounds tracked this week.
Tier 2 — Growth Rounds ($25M–$99M)
TwoStep Therapeutics (Caitlyn Miller, Jennifer Cochran, Carolyn Bertozzi) raised $62.5M Series A to advance TS-104, a peptide-drug conjugate that just cleared FDA IND clearance for solid tumors, co-led by Insight Partners, Medical Excellence Capital, M Ventures, and Pfizer Ventures, with Stanford University, NFX, and 2048 Ventures also participating.
Kaiko (Ambre Soubiran) raised a $57M Series B extension — bringing its Series B to $110M — to grow its cryptocurrency market data and analytics platform, led by S&P Global with BNP Paribas, Coinbase Ventures, Nasdaq, Royal Bank of Canada, and Stellar also participating.
Evvy (Priyanka Jain, Laine Bruzek, Pita Navarro) raised $40M Series B to turn its 100,000-patient vaginal microbiome dataset into a women's health research engine and expand its metagenomic testing into fertility, led by Catalio Capital Management with US Fertility's Innovation Fund, Rethink Impact, Muse Capital, Alumni Ventures, General Catalyst, Left Lane Capital, Labcorp Venture Fund, BBG Ventures, Amboy Street Ventures, Ingeborg, and Foreground Capital also participating.
Tier 3 — Early Stage (<$25M)
Tellia (Coline Labadie de Faÿ) raised $5M Pre-Seed (€4.3M) to build a voice-AI tool that lets agricultural field teams capture and access farm data without manual entry, led by Revent with Grey Silo Ventures, Jeriko, and Fund F also participating.
Euno (Sarah Levy) raised $23M Series A to build software that maps enterprise data and governance rules so AI agents can use company information reliably, led by N47 with 10D also participating.
Suna Health (Selin Talishinska) raised $4M Seed to build a wearable for continuous gut-health and nutrition monitoring, led by Sistafund with Ascension, Project Europe, and Upside also participating.
Viv (Katie Diasti, Anna Sise) raised $2M, bringing total funding to $3.3M, to expand its period-care brand into US retail and launch new tampon technology, from SSB Next Chapter Holdings.
Feisty Drinks (Vy Cutting, Dr. Hong Huynh) raised £500K (~$677K) in its first external funding round at a £2.5M (~$3.4M) post-money valuation, to grow its plant-protein soda brand, led by BTomorrow Ventures; Huynh is Cutting's mother.
💸 Fresh Capital — New Venture Funds
Clean Growth Fund (Beverley Gower-Jones) closed the second close of its Fund II at £81.5M (~$110M) toward a £150M target, backing UK seed and Series A climate-tech startups.
🏆 Athletes on the Cap Table
Athlete-backed capital moves that caught our attention this week
This section is contributed by Christie Lenox.
LOVB LA Volleyball Franchise added Issa Rae (actor, producer) as a minority investor and strategic partner. Financial terms were not disclosed.
Athletic Brewing signed multi-year equity partnerships with NFL QB’s Drake Maye & Dak Prescott where they will join other equity investors Naomi Osaka and Karlie Kloss.
RejuvStem, a regenerative wellness company, added NFL All-Pro Micah Parsons as an investor, board member, and brand ambassador. Parsons has taken an equity stake in the company and will advise on brand growth and strategic initiatives. Financial terms were not disclosed.
Nearly 200 PGA Tour players have received over $1B in equity grants since the PGA Tour Enterprises equity plan launched in 2024 and it was revealed that CEO Brian Rolapp holds a profits interest that vests on the same schedule as player awards.
Peptide platform System added $20M in an early stage round, with participation from Will Ventures, Patron Fund (Amber Atherton), Vine, Courtside, Daybreak, SV Angel, and RiverPark Ventures.
"Peptides are moving from the edges of wellness into mainstream consumer culture. As healthcare becomes more personal, and increasingly part of how people express their identity, the category-defining companies will be built by founders who understand that trust, quality and brand are inseparable. Adam understood this consumer shift better than anyone. System is building the trusted consumer company that can define this category.”
🎬 Signing Off
Every week, we track the capital flowing to and from women founders and investors and unpack the capital moves of elite athletes.
WINS LIST Cumulative Impact to Date
Since launching WINS LIST, we have tracked…
~$13.77B
Founder Raises
~$18.60B
New Fund Capital
350
Companies
65
Funds
25
Weeks
66
Athlete Deals
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Thanks for reading! See you next week.
— WINS LIST
