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# Funding To Black Startup Founders Quadrupled In Past Year, But Remains Elusive
- URL: https://werd.io/funding-to-black-startup-founders-quadrupled-in-past-year-but/
- Published: 2021-07-13T16:15:33.000Z
- Updated: 2021-07-13T16:15:33.000Z
- Author: Ben Werdmuller
- Tags: #Import 2025-06-13 09:24

“To be sure, much work remains to be done. Black startup entrepreneurs still received only a tiny fraction — 1.2 percent — of the record $147 billion in venture capital invested in U.S. startups through the first half of this year, Crunchbase numbers show. That compares with the more than 13 percent of the U.S. population that is Black or African American.”

\[[Link](https://news.crunchbase.com/news/something-ventured-funding-to-black-startup-founders-quadrupled-in-past-year-but-remains-elusive/)\]