Black founders in the UK are also seeing the impact of venture’s winter year. Black founders in the United Kingdom raised only 0.95% of all venture investment allocated […]
VC Office Hours: Unlocking the Farmers’ Market with Black Farmer Fund
Black farmers seem to have received the rough end of every stick this past century. In 1910, they represented around 14% of U.S. farmers and owned over 16 […]
Fearless Fund grant program was already ‘at risk’ before lawsuit
Fearless Fund’s Strivers Grant Program was already in danger before Edward Blum’s American Alliance for Equal Rights sued it in August, according to documents reviewed by TechCrunch. In […]
Tech Spark AI raises $1.4 million to create ChatGPT alternative
Artificial intelligence company Tech Spark AI announced on Wednesday a $1.4 million pre-seed round to build out a new generative AI platform called Spark Plug. The round was […]
TC+ Roundup: Many Black founders are rooting for SVB
Good morning! Before being known as the bank that collapsed, Silicon Valley Blank made a name for itself as a bank that helps support underrepresented founders. Eight months […]
Black founders still care for Silicon Valley Bank
Silicon Valley Bank was in Austin this week, sponsoring and hosting parties at AfroTech, the largest Black tech conference in the nation. It’s been eight months since SVB’s […]
Nex Cubed partners with HBCU.vc to launch scout program
Nex Cubed, the venture accelerator that launched a $40 million fund to target founders from Historically Black Colleges and Universities (HBCUs), announced today a venture scouting partnership with […]
Black founders received 0.13% of capital this Q3
Black founders raised 0.13% of all capital allocated to U.S. startups in Q3, according to Crunchbase. That’s about $39.7 million out of $29.9 billion. This number is a […]
The fight for venture equality heads to court
Funding for all-women founding teams is stagnant, capital invested in Black founders is falling, and increased awareness of these issues has moved past an era of prolonged think […]