Diana Murakhovskaya is a Ukrainian immigrant who brings her mechanical engineering degree from The Cooper Union and over a decade in tech investment banking at Lehman Brothers and Macquarie to her role as a venture capital investor, an unusually technical and markets-heavy background for an early-stage VC. Before launching The Artemis Fund, she built and sold Monarq Incubator, the first national funding-focused incubator for gender-diverse founding teams, and now leads with a high-conviction approach of making concentrated bets on about 20 companies per fund while explicitly using her immigrant identity and community ties as a lens for identifying resilient founders.
What they've been talking about across their social media accounts

- Deep commitment to empowering underrepresented founders, particularly women and minorities in the tech ecosystem. She frequently shares resources and opportunities related to her incubator work, such as highlighting companies creating women's health products or celebrating initiatives that aim to make fertility treatments more affordable.
- Emphasis on founder mental health and sustainable work-life balance. She often circulates advice on avoiding burnout, suggesting practical steps like taking physical breaks to stretch or giving oneself permission to lower standards during personal crises to stay resilient over the long term.
- Interest in data-driven decision making and financial modeling. She has expressed genuine enthusiasm for the mathematical aspects of venture capital, noting her excitement after demoing new portfolio modeling tools that help quantify investment data.
- Focus on practical operational advice for early-stage startups, specifically regarding B2B sales and leadership. She shares insights on navigating complex sales cycles, determining pricing models, and the importance of founders fully buying into their own vision before trying to sell it to a team or investors.
- Appreciation for products in the food technology and consumer health sectors. Beyond standard tech investments, she has drawn parallels between gardening and growing a startup, and she highlights companies that help consumers make informed decisions about their nutrition.
About their Fund
Sectors
Fintech, Health, Retail Tech, Under-represented founders, Consumer
Rounds
Seed
Avg Check Size
$1.5M
Notable Investments
The Artemis Fund was built outside Silicon Valley by three women who raised their first $15M fund largely from scratch through nearly 1,000 one-on-one educational meetings, teaching women investors—especially those more familiar with philanthropy—how to use venture capital for wealth creation. They focus on leading seed rounds for women founders in underserved geographies and non-traditional profiles, investing in companies that democratize access to wealth through fintech, e-commerce, and care-tech while systematically measuring impact alongside financial returns.
Notable Fund
Investments
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
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12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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