TLDR: Venture capital firm Zeal Capital Partners has launched the Barclays Black Formation Investments (BBFI) initiative, a fund designed to support black tech founders. The fund is backed by Barclays and aims to provide early-stage capital and support to black founders building high-growth tech startups. Zeal has appointed Stefanie Thomas as managing director to lead the initiative.
Key points:
- ZC Capital Partners has launched a fund to support black tech founders
- The Barclays Black Formation Investments (BBFI) initiative aims to provide early-stage capital and support to black founders building high-growth tech startups
- Zeal has appointed Stefanie Thomas as managing director to lead the initiative
Venture capital firm Zeal Capital Partners has launched the Barclays Black Formation Investments (BBFI) initiative, a fund designed to support black tech founders. The fund is backed by Barclays and aims to provide critical early-stage capital and support to talented black founders building high-growth tech startups. Zeal has appointed Stefanie Thomas as managing director to spearhead the initiative. Thomas brings over a decade of experience backing diverse founders and emerging companies. As Zeal founder Nasir Qadree stated, “We’re thrilled to welcome Stefanie to Zeal Capital Partners, to spearhead a timely effort to propel the next generation of diverse entrepreneurs and companies shaping the future of technology and business at scale.”
