BBG Ventures, a New York-based, early stage venture capital firm, backed with $10 million from AOL, that invests in women-lead tech start-ups, has made investments in 12 start-ups. Headed by media industry luminary Susan Lyne, BBG makes seed investments of generally less that $250,000. The fund was launched in September.
We spoke with Lyne about the fund. She says her group has evaluated over 400 women-lead start-ups. Of the 12 portfolio companies, she says at least two are near Series A venture rounds.
Today at TechCrunch Disrupt conference in New York, Lyne will judge the Start-up Battlefield.
We taped her for the Beet.TV series the Media Revolutionaries sponsored by Xaxis and Microsoft. An extended segment from the session will be published at a later date. Interviewing Lyne is David J. Moore, CEO of Xaxis and President of WPP. Moore is serving as executive producer of the series.
You can find this post on Beet.TV.