Serena Ventures Powers SoLo Funds Rise to 1M Users
Rodney Williams, co-founder and president of SoLo Funds, told TechGround that the acquisition will give SoLo “the largest and first Black-owned personal finance platform” to do so. The service has…
funds
Cowboy Ventures Rides High With $260M New Funds and Opportunity Fund
Cowboy Ventures has once again set the precedent in the seed-stage investing world, with its latest two funds totaling $260 million. With this capital influx, Cowboy Ventures will be able…
Women-Founded Startups: VC Funding Reaches Lowest Point Since 2021
As the number of female founders in the startup space continues to grow, it is important that this gender diversity is reflected on all levels of a company’s leadership. With…
DOJ Charges Bitzlato Co-Founder for Allegedly Processing $700M in Unlawful Transactions
The Department of Justice alleges that Legkodymov processed over $700 million in illicit funds through his crypto exchange, Bitzlato. The DOJ has seized the exchange’s assets and placed Legkodymov under…
Kakao Entertainment Secures $966M Investment from Sovereign Funds, Including PIF of Saudi Arabia
Today, Kakao Entertainment announced it has secured $966 million (1.2 trillion won) in financing from major investors such as Saudi Arabia’s Public Investment Fund and PWARP Investment of Singapore. The…
Black Founders: Making Inroads in Venture Capital in 2022
Great News! Black startup founders in the U.S. raised $264M out of the total $33.6B venture capital allocated in Q4 2022, an increase from the prior quarter’s 0.43% ($178M). In…
