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Founders · techcrunch.com · Sunday, 31 May 2026

Black founders hit $643M in early 2026 funding, but systemic gaps persist

U.S. Black‑founder startups raised $643 million in the first quarter of 2026, the most since 2022 and about 70% of last year’s total despite accounting for just 0.32% of all venture capital. The surge is driven by a handful of big deals, yet Crunchbase notes funding remains minuscule relative to the market and limited access to networks continues to hinder progress.

Read the source: techcrunch.com ↗In the 31 May issue →