https://techcrunch.com/2023/01/11/funding-for-black-founders-remains-dismal-where-do-we-go-from-here/

Last week, TechCrunch reported that Black founders in the United States raised 1% of the $215.9 billion in venture capital allocated last year. That is not to be confused with the 1.3% raised in 2021, the 0.8% they pulled in 2020, the 1% they got in 2019 or the 1.1% raised in both 2018 and 2017, according to Crunchbase data.

In case it’s not obvious why these figures are so dreadful, it’s worth noting that Black Americans make up more than 13% of the population.