https://techcrunch.com/2022/07/14/what-can-black-vcs-and-founders-expect-in-h2-2022/

Black founders raised 1.3% of last year’s $330 billion worth of U.S. venture investment, totaling just over $4.3 billion. So far this year, Black founders have raised a smaller 1.2% of the $125 billion invested.

The past few months have seen private market investors reduce their investment pace as a possible recession looms, but that 1% figure has barely budged, meaning economic rain or shine, it’s always a challenging time to be a Black founder.