Black founders secure record quarterly funding but face ongoing challenges
US Black-founded startups raised $643 million in Q1 2025, a significant increase compared to previous years and nearly 70% of the total from all of last year. However, this amount is still small relative to overall U.S startup funding ($252 billion) and highlights ongoing disparities due to limited access to networks and capital.
Topics: Black founders Crunchbase data diversity in tech startup funding