Black founders raise highest amount of quarterly funding since 2022, but there’s a catch
Quick Take
Black founders have achieved their highest quarterly funding since 2022, but challenges persist due to limited access to networks and relationships. According to Crunchbase’s Gené Teare, these barriers hinder early introductions that are crucial for securing investment.
Key Points
- Black founders raised the highest quarterly funding since 2022.
- Access to networks and relationships remains a significant barrier.
- Early introductions are crucial for securing investments.
- Crunchbase's Gené Teare highlights these ongoing challenges.
Article Excerpt
From source RSS / original summarySpeaking to TechCrunch, Crunchbase’s head of research Gené Teare, said the factors holding back Black founders include “access to networks, relationships, and early introductions. "
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