Drop In Venture Funding To Black-Founded Startups Greatly Outpaces Market Decline
Crunchbase News
FEBRUARY 27, 2024
startups last year totaled only $705 million — marking the first time since 2016 that the figure failed to even reach $1 billion, Crunchbase data shows. marks the lowest amount since such startups raised only $582 million in 2016. market for underrepresented minorities, namely Black-/African-American-founded companies.
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