‘Innovation Doesn’t Have A Color’ Collab Capital Targets $50M Fund To Invest In Black Founders

The main data point we have been referencing  to illustrate this disparity in the startup world is revealing–just 1 percent of the amount of funding flows to black founders in the U.S But months before the events of the past several weeks, a trio of black founders set out to change that statistic in a meaningful way by raising money for their new fund, Collab Capital.