News

From the lack of VC investors who looked like me to being typecast by the press as a “Black founder,” my experiences in the past decade have shown me how different the economic and ...
Yet Black VCs like Paluch are addressing such long-standing diversity, equity, and inclusion issues in the VC industry head-on by starting their own firms or by leading funds to slowly move the ...
Let’s break this down. So Black founders in the U.S. picked up around 0.79% of VC funds raised in Q4 2022. There was a fear that, during a bear market, investors would retreat to their old ...
Black founders have historically faced significant challenges in securing VC funding and average less than 2% of overall investment dollars each year. But, there’s a silver lining: the number of ...
Due to the targeted nature of her funding, her company’s portfolio comprises 79% underrepresented founders, 54% women founders, 47% Black founders, and 11% Latino founders.
VC funding for Black-owned businesses fell 71% nationally in 2023 compared to 2022. In the Atlanta area, such funding declined by 79%, Crunchbase found. Investing in upstart tech companies has ...
For Black founders, who have rarely received more than 1% of total venture capital invested in startups, 2022 wasn’t kind and 2023 doesn’t look promising given how things are going.
The drop in VC funding to Black start-ups is a big deal as those firms need the capital to launch businesses and expand. New data show that venture funding for Black-founded startups remains dreary.
The news outlet disclosed that it is the largest year-over-year decline for Black entrepreneurs. And the decrease was much greater than the 36% drop in VC funding altogether. The descent came ...
Just two years ago, VC-funding to Black founders was between $850 million and $1.2 billion. Now it's at less than $324 million. Why? In 2021, major VC firms were finally making good on the ...
She expected it to take a long time. And, as a Black woman founder, she knew she would face challenges securing VC funding for Hx Innovations, the Middletown-based sportstech company she runs with her ...
Black and Latino startup founders took a disproportionate hit when it came to venture capital funding in 2023. Boston venture capitalists share their predictions for 2024 VC firm launches new ...