Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II

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02 JUL 20262 min readworld

Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II

Early-stage firm Magnify Ventures has raised $46.6 million for its second fund from LPs, including Melinda French Gates’ Pivotal Ventures.

Founded in 2021 by Joanna Drake and Julie Wroblewski, Magnify invests in companies that target the care economy, such as those building assistive robotics, family cybersecurity, and AI for home use.

Sourced from KnowledgeLoop