https://techcrunch.com/2023/06/22/fearless-fund-raises-multi-million-dollar-follow-on-round-from-bank-of-america-costco-and-mastercard/

Fearless Fund today said it has received a multi-million-dollar follow-on investment from Bank of America, Costco and MasterCard for its second fund, though it declined to share how much the new investment was. All of the limited partners in this follow-on investment are returning investors.

Launched in 2019 by Arian Simone, Keisha Knight Pulliam and Ayana Parsons, Founders Fund invests in early-stage consumer and technology startups founded by women of color. Its portfolio includes Partake Foods, Slutty Vegan and Bread Beauty.