Originally posted to betakit.com.

The Atlantic Women’s Venture Fund (AWVF) has officially launched its inaugural fund as the group looks to address, head-on, the existing gender imbalance in Canada’s venture capital ecosystem.

“Women entrepreneurs generate more revenues and more profits, and I have all of the data to back it up.”

Along with the fund launch, AWVF has also announced that Danielle Graham, formerly of Dream Maker Ventures, has joined to take a leading role in the funds investment activities. Graham is set to officially join Sandpiper as of June 1.

The fund, called Sandpiper Ventures, will target early-stage women tech entrepreneurs across Canada “as a proactive and profitable business decision.”

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