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startups venture capital

VC Investment in Black-Led Startups Quadruples

By
Kate Clark
· · Source: Crunchbase

Venture capital investment in U.S. startups led by Black founders quadrupled to $1.8 billion in the first half of the year, according to research firm Crunchbase . The uptick follows a particularly abysmal year for investment in minority entrepreneurs. Total capital raised by Black-founded startups reached just $1 billion in all of 2020. The growth in funding, while impressive, still pales in...

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