There’s a growing desire in the UK for more Black specialty venture funds
https://techcrunch.com/2023/06/21/specialty-venture-funds-uk/
Between 2009 and 2019 in the U.K., just 30 Black people received VC funding, equating to less than 0.4% of all funds allocated to founders. Though the latest figures haven’t been released, it’s safe to say that plenty of work needs to be done to ensure that more people receive funding.
One way to do this would be to launch more funds that specialize in backing diverse founders. There is an increasing number of funds saying they are dedicated toward backing diverse founders, and around five are known to be dedicated specifically to Black founders.
There’s a growing desire in the UK for more Black specialty venture funds
Jun 21, 2023, 5:19pm UTC
https://techcrunch.com/2023/06/21/specialty-venture-funds-uk/
> Between 2009 and 2019 in the U.K., just 30 Black people received VC funding, equating to less than 0.4% of all funds allocated to founders. Though the latest figures haven’t been released, it’s safe to say that plenty of work needs to be done to ensure that more people receive funding.
> One way to do this would be to launch more funds that specialize in backing diverse founders. There is an increasing number of funds saying they are dedicated toward backing diverse founders, and around five are known to be dedicated specifically to Black founders.