By Jasmine Browley· Updated October 31, 2022
Recent reports have shown a dramatic drop in venture capital investment in Black-owned companies, with just about 0.43% of the nearly $43 billion deployed in Q being raised by Black founders.
Collide Capital is aiming to significantly close this gap.
One of the largest Black-owned first time funds, Collide recently announced the close of its debut, which tops out at $66M. Per a news release,