Supply Change Capital is latest women-led VC to raise substantial debut fund

Supply Change Capital closed on $40 million in capital commitments for its first fund, targeting investments in the global food industry valued at $10 trillion.
The female and Latina-owned firm is spearheaded by co-founders and managing partners Noramay Cadena and Shayna Harris, who met 14 years ago in business school.
Supply Change Capital’s new fund puts it among a growing group of women-led venture capital firms that closed on sizable debut funds this year. This includes recent announcements by:
Jessica Verrilli and April Underwood at Adverb Ventures, who raised $75 million for their

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