The Obsidian Fund
With our venture capital partners we are releasing a fund for black founders, entrepreneurship is the best way to empower yourself and your community, we will find and invest in seed stage companies in media and technology with an initial fund of over 1bn.
Between 2009 and 2019, only around 40 black founders received VC funding in the UK, which equates to around 0.24% of all funds that were allocated to founders. Then in 2022, black founders had still only received 1% of all VC funds
Expected Pre 2030.
