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

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Basketball star Kevin Durant’s venture capital firm has invested in the Premier Lacrosse League.

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The Black-led startup Goodr—which has a mission rooted in eradicating hunger and food waste—has raised $8 million in funding.

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The Black-owned beauty brand Mielle Organics recently secured a $100 million investment.

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The Black-owned app SQUIRE—which connects barbers and customers—raised $8 million.

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The firm BLCK VC was launched as an avenue to increase the number of Black investors.