Through the initiative, Techstars and JP Morgan aim to allocate over $80 million in funding to over 37 accelerators supporting diverse founders by 2025.
Basketball star Kevin Durant’s venture capital firm has invested in the Premier Lacrosse League.
The Black-led startup Goodr—which has a mission rooted in eradicating hunger and food waste—has raised $8 million in funding.
The Black-owned beauty brand Mielle Organics recently secured a $100 million investment.
The Black-owned app SQUIRE—which connects barbers and customers—raised $8 million.
The firm BLCK VC was launched as an avenue to increase the number of Black investors.