Black startup founders raised just $187 million in the third quarter | TechCrunch
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Black startup founders raised just 0.12% of the $150.9 billion in venture dollars deployed in Q3.
Black startup founders raised just $187 million in the third quarter | TechCrunch Image Credits: Getty Images Venture Black startup founders raised just $187 million in the third quarter Dominic-Madori Davis 12:30 PM PDT · October 21, 2022 The amount of capital raised by Black entrepreneurs continues to decrease. The latest Crunchbase numbers show that Black founders raised $187 million in Q3, a staggering decline from the nearly $1.1 billion they received in Q3 2021 and a sizable drop from the $594 million the cohort raised in Q2. Black founders raised just about 0.43% of the nearly $43 billi
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