But not one of some 200 venture capital firms he approached agreed to invest back then. For Black founders, consistent support has come from only a handful of venture capital firms, and many of them are relatively small. “We haven’t been able to build that out.”For Black founders, consistent support has come from only a handful of venture capital firms, according to Crunchbase data. Kapor Capital and MaC Venture Capital have both invested in BlocPower. In contrast, the top 20 U.S. venture capital firms each managed tens of billions of dollars or more.

Source: Standard Digital February 22, 2021 12:11 UTC