Through the initiative, Techstars and JP Morgan aim to allocate over $80 million in funding to over 37 accelerators supporting diverse founders by 2025.

Pharrell Williams recently awarded $1 million to a Black-owned tech startup.

Killer Mike and Ryan Glover’s digital banking platform Greenwood has secured $40 million in funding.

Rapper Chamillionaire launched a venture capital competition to support startups founded by Black innovators and women entrepreneurs.

Actress and producer Issa Rae has invested in a Black woman-led tech startup.