Fearless Defenders #1 teamed up Valkyrie with detective Misty Knight, but the underlying premise of the new series came clear in #2. In the absence of the traditional shield-maidens of Asgard, Valkyrie received a directive to assemble a band of super-powered Earth women.
Considering this undertaking left Valkyrie wondering which super-heroines, if any, might be up to the task.
In a roundabout way, the objective harks back to the debut appearance of Valkyrie (actually Enchantress in disguise), who led a band of super-women called the Lady Liberators. That one-time team, however, formed under the auspices of fighting chauvinism by battling male heroes (Avengers #83).