black founders

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Stay up-to-date on the amount of venture dollars going to underrepresented founders

Stay up-to-date on the latest funding news for Black and women founders.

1:10 pm PST • March 1, 2024
Stay up-to-date on the amount of venture dollars going to underrepresented founders

TechCrunch has launched a series of interviews focusing on remarkable women who’ve contributed to the AI revolution.

Women in AI: Mutale Nkonde’s nonprofit is working to make AI less biased

You must have at least a 675 credit score to use it.

Score is a new dating app for people with good to excellent credit

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DEI backlash: Stay up-to-date on the latest legal and corporate challenges

It’s clear that this year will be a turning point for DEI.

9:23 am PST • February 9, 2024
DEI backlash: Stay up-to-date on the latest legal and corporate challenges

There’s been a consistent yearly decline in funding since the murder of George Floyd in 2020.

Funding to Black founders was down in 2023 for the third year in a row

Health in Her HUE seeks to connect women of color with healthcare providers and content that can better address their needs.

Health in Her HUE closes $3 million seed round

A look back at some of the promises made by companies and investors following the Black Lives Matter protests of 2020.

3 years after BLM, here’s who stuck to their diversity commitments

Members of the Congressional Black Caucus have written to the US Acting Secretary of Labor expressing concerns over the disproportionate impact tech layoffs could have on Black workers,

Black representatives in Congress voice concerns over impact of tech layoffs on minority workers

The backlash is only set to heat up come the 2024 election.

Tech’s DEI backlash is here

The Japanese conglomerate is selling the Open Opportunity Fund to its chairman Paul Judge, and Marcelo Claure, who’s being appointed as vice chairman and general partner.

SoftBank sells Open Opportunity Fund to Black and Latino executives

Black people make up 2.5% of the U.K.’s population; proper representation in venture would mean at least 2.5% of funds going to Black-led businesses.

Black British founders are down but not out

The fund is technically a nonprofit with a debt fund attached.

VC Office Hours: Unlocking the farmers’ market with Black Farmer Fund

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Black founders still care for Silicon Valley Bank

Silicon Valley Bank was in Austin at AfroTech this week, sponsoring and hosting parties in an effort to rebuild trust among Black founders.

11:02 am PDT • November 3, 2023
Black founders still care for Silicon Valley Bank

HBCUvc said it hopes the partnership leads to more opportunities for HBCU students and alumni to tap into tech.

Nex Cubed partners with HBCUvc to launch scout program

Funding to Black founders is only getting worse after the promises made in 2020.

Black founders received 0.13% of capital this Q3

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The fight for venture equality heads to court

Equity won’t come just via a gesture of goodwill; it now must be ratified in the courts.

8:13 am PDT • October 20, 2023
The fight for venture equality heads to court

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Here’s what the Fearless Fund lawsuit could mean for venture

The American Alliance for Equal Rights winning could result in more litigation overall against businesses, universities and government agency programs.

6:00 am PDT • August 5, 2023
Here’s what the Fearless Fund lawsuit could mean for venture

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Commentary: The old guard in venture reigns supreme

Black founders have never raised more than 2% of capital in any given quarter.

1:30 pm PDT • August 2, 2023
Commentary: The old guard in venture reigns supreme

As the role of the fund-of-funds model changes, this new version could prove to be the perfect vehicle to help diverse and emerging fund managers.

Fund of funds could be the perfect vehicle for backing diverse, emerging fund managers

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What’s going on with Greenwood and The Gathering Spot?

The turn of events hasn’t been received well by Black professionals who were part of the TGS community.

10:04 am PDT • July 18, 2023
What’s going on with Greenwood and The Gathering Spot?

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What’s it like being a Black founder in France?

Partly due to a historical “color-blind” policymaking regime, the French startup ecosystem for Black founders is shrouded in mystery.

8:00 am PDT • July 4, 2023
What’s it like being a Black founder in France?

There is an increasing number of funds saying they are dedicated toward backing diverse founders.

There’s a growing desire in the UK for more Black specialty venture funds

The new fund hopes to deploy the $150 million within three years, and has appointed Paul Judge as its managing partner.

SoftBank launches new fund to raise and invest $150 million in Black and Latino-led startups

The lack of funding and dearth of DEI data suggests that the venture community writ large is overlooking a vast amount of untapped potential.

Without Black representation in climate tech, ‘the planet will burn’

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At 0.69% in Q1, the dip in funding for Black founders ‘no longer evokes an emotional response’

The data set shows that in Q1 2023, Black founders raised an estimated $312 million out of the around $45 billion Crunchbase totaled for the quarter.

7:00 am PDT • April 25, 2023
At 0.69% in Q1, the dip in funding for Black founders ‘no longer evokes an emotional response’

Maillian talks about power in the industry, the changing landscape for Black women and Latinas, and what her next act will be.

VC Office Hours: 5 questions with investor Lauren Maillian

“We’ve come a long way, but we still have a long way to go,” one investor told TechCrunch about the event.

For Black founders and investors, ringing Nasdaq’s opening bell symbolizes progress

The fund seeks to foster and invest in startups where at least one founder is an HBCU student, alumni, or faculty member.

Nex Cubed launched $40 million fund targeting Black colleges and universities

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VC funding to Black web3 founders popped last year, bucking trends

Funding for Black web3 founders has only increased, and the crypto winter proved the most fruitful year.

6:00 am PST • January 29, 2023
VC funding to Black web3 founders popped last year, bucking trends

“We’re going to be responsible for catalyzing a completely new generation to be more conscious of their environment; more conscious of how they spend and how they buy,” Sandu said.

Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round