According to Gené Teare, head of research at Crunchbase, Black founders have raised the highest amount of quarterly funding since 2022. However, Teare noted that challenges such as limited access to networks, relationships, and early introductions continue to hinder their progress.
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Black Founders Achieve Record Quarterly Funding Since 2022
Black founders have secured the highest quarterly funding since 2022, as reported by Crunchbase's Gené Teare. Despite this achievement, Teare highlighted ongoing challenges related to access to networks and relationships.
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Black founders raise highest amount of quarterly funding since 2022, but there’s a catch
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Black Founders Achieve Record Quarterly Funding Since 2022