Magnify Ventures focused on how we live, work and care for one another
With significant backing from Melinda French Gates, a new $52 million early stage fund has been launched that is focused on how we live, work and care for one another.
Magnify Ventures, based in Los Angeles, will invest in visionary founders leading the digital transformation in four growing categories: parenting and family life, the future of work, household optimization, and aging and longevity. It is described as a way to revolutionize the $648 billion care economy.
According to this news release, Magnify Ventures’ debut fund is anchored by Pivotal Ventures, a Melinda Gates company, and includes world-class limited partners from leading foundations, funds of funds, family offices and visionary business leaders.