Serena Ventures raises $111 million for a new venture fund

Serena Williams’ early-stage startup capital firm, Serena Ventures, headquartered in San Francisco, has raised an inaugural fund of $111 million, which she told the DealBook newsletter will invest in founders with diverse points of view. The tennis star’s investing firm is already an active angel investor, with 60 firms in its portfolio, including SendWave, MasterClass, and Daily Harvest.

Ms. Williams, who has been investing for nine years, said, “I’ve always been fascinated with technology, and I’ve always appreciated how it actually impacts our lives.”

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