Janet Bannister bucks tough venture-capital trend, raising $50-million for early-stage fund

AI Briefing

• – Janet Bannister raises $50-million for early-stage fund via Staircase Ventures, surpassing goal by $10-million, following $34-million raised last year.
• – Staircase Ventures' second fund exceeds expectations, marking a rare success in the venture-capital industry where many funds struggle to meet their targets.
• – Bannister's Staircase Ventures is one of the few venture-capital firms to have achieved significant growth in a challenging market.