VC Funding For Black Founders Is Down Yet Again

Essence Magazine:

By Jasmine Browley· Updated October 31, 2022

TechCrunch’s recent bombshell report shows that VC funding for Black entrepreneurs is on a continual downslide.

According to Crunchbase, TechCrunch’s data platform, numbers show that Black founders raised $187 million in Q3, which is a far cry from the $1.1 billion they netted in Q3 2021, and the $594 million in Q2.

TechCrunch’s senior reporter Dominic-Madori Davis wrote that Black founders received a

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