Crunchbase: Black US founders raised ~$39.7M, or 0.13% of all capital allocated to startups in Q3 2023, down from $212M in Q2, $352M in Q1, and $1B in Q3 2022 (Dominic-Madori Davis/TechCrunch)

Dominic-Madori Davis / TechCrunch:

Crunchbase: Black US founders raised ~$39.7M, or 0.13% of all capital allocated to startups in Q3 2023, down from $212M in Q2, $352M in Q1, and $1B in Q3 2022  —  Black founders raised 0.13% of all capital allocated to U.S. startups in Q3, according to Crunchbase.  That’s about $39.7 million out of $29.9 billion.