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Today: September 23, 2024
March 2, 2024
1 min read

Empowering diversity in tech: Black Tech Nation Ventures raises $50M

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TLDR:

  • Black Tech Nation Ventures recently closed a $50 million funding round
  • They aim to promote diverse founders in the tech industry

Black Tech Nation Ventures, a Pittsburgh-based venture capital firm, recently closed a $50 million funding round, allowing them to further their mission of promoting diversity within the tech industry. The firm focuses on supporting Black and other underrepresented founders in tech, providing them with resources and opportunities to succeed.

The founder of Black Tech Nation Ventures, Kelauni Cook, has stated that the funding will be used to invest in diverse tech founders, provide mentorship and support programs, and create a more inclusive tech community. Cook emphasizes the importance of representation in the tech industry and the need for diverse voices and perspectives to drive innovation.

Black Tech Nation Ventures also plans to launch an accelerator program to help early-stage tech startups led by underrepresented founders. The program will offer access to mentors, investors, and resources to help these startups grow and scale successfully.

Overall, the $50 million funding round signals a significant step forward for Black Tech Nation Ventures in their efforts to support and promote diversity in the tech industry. By providing funding, mentorship, and resources to underrepresented founders, the firm aims to create a more inclusive and innovative tech ecosystem.

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