Serena Williams’s early-stage venture capital firm, Serena Ventures, has raised an inaugural fund of $111 million that will invest in founders with diverse points of view, she told the DealBook newsletter. The investment firm led by the tennis star is already an active angel investor with a portfolio of 60 companies that includes SendWave, MasterClass and Daily Harvest.

“I’ve always been fascinated with technology, and I’ve always loved how it really shapes our lives,” said Ms. Williams, who has been investing for nine years. “When I met my husband, that was our first conversation. That’s how we met. I was talking about investments.” Ms. Williams’s husband is the Reddit co-founder Alexis Ohanian. Read More