BKR Capital Closes $14.5M for Diverse Tech Fund
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
BKR Capital, a Canadian venture firm, has raised $14.5 million for its second fund, aiming for a $50 million goal. The fund focuses on tech startups by Black entrepreneurs, targeting innovations in work, daily life, and global connections. With an average investment of $250,000 to $1.5 million, they back Canadian companies and consider strong global opportunities. Despite some US investors pulling back from diversity-focused missions, BKR Capital thrives, with its first fund outperforming 75% of similar funds. They plan to back 25 companies by December, fueling diverse tech leaders shaping tomorrows world.
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