“Keep Informed on the Amount of Venture Funding for Unrepresented Entrepreneurs”
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Venture capital funding has never been robust for women or Black and brown founders.
Read about funding for Black foundersFunding to Black founders has been on a steady decline since 2021, implying that investors have either lost interest or focus on backing Black founders.
This is a big deal because after the murder of George Floyd, the venture and startup ecosystem made promises to better support Black founders.
Since 2022, TechCrunch has been speaking with experts to find out what is needed to help boost funding to Black founders.
To help gather data, last year, Crunchbase announced it would officially start tracking the amount of venture capital dollars allocated to LGBTQ+ founders.