black founders

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

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

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.

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

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

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

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

“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.

Where do we go from here? Is the next step looking at alternative funding, or is it staying on the battleground, always ready to fight?

In total, U.S. Black founders raised an estimated $2.254 billion out of the $215 billion in U.S. venture capital allocated last year in 2022.

Through the haze, the reality is that the heart of the American Dream is still beating.

For 2023, it appears investors are focusing on trends that are relatively safer and likelier to bear fruit

"I think a lot of the narrative that many investors put out there about investing in more Black founders was mostly just talk."

Relying on vanity metrics is like attending a Little League awards dinner: Everyone goes home a winner!

Life as a startup founder is never dull. That’s doubly true for Black founders, who routinely struggle to raise funds, be noticed and get their fair share of attention.

As the fundraising climate reverts to pre-pandemic levels, Black founders discuss how they're preparing for next year.

Use the embedded form to tell us your stories of success, failures and the obstacles you've faced as a Black founder.

Black founders raised just 0.43% of the nearly $43 billion deployed in Q3.

Today, in a twist, New Jersey Governor Phil Murphy has announced a proposal for a $10 million allocation in the state budget to create a seed fund for Black and Latinx startups, TechCrunch has learned