Fund: 1863 VenturesWashington, D.C.First close of $2.5 million, aiming to raise $10-$20 million What it is: An impact-oriented venture capital fund investing in New Majority entrepreneurs. The fund is attached to a business development program committed to accelerating New Majority entrepreneurs from high potential to high growth. 1863 Ventures and its affiliated program have supported 559 founders; about 90% of […]
1863 Ventures
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Conversations With Black VCs: ‘We Don’t Need Another PR Stunt’
The massive racial justice movement ignited by the death of George Floyd at the hands of a Minneapolis policeman in late May has gained swift momentum across the United States. Many previously complacent non-Blacks have joined Black protestors for daily demonstrations in the streets perhaps triggered by the horrific video of George Floyd and hiscrushing […]