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London-based Black Seed has raised $6.25 million to back early-stage Black founders. The fund wants to create a "Black Silicon Valley" in London by investing in seed-stage startups. Black Seed, a VC fund dedicated to backing Black founders in the UK, has raised $6.25 million to invest in early-stage tech. Based out of Brixton, south London, Black Seed is the brainchild of Cyril Lutterodt and Karl Lokko. Black Seed has indicated that intends to raise the full amount.
Persons: Cyril Lutterodt, Karl Lokko, Lutterodt, We've, Lokko, hasn't, Black, haven't Organizations: Molten Ventures, Ventures, University of Texas, WestRiver Locations: London, Brixton, Manchester, Europe, Atomico, Black, Soho, Mayfair
Venice, Italy CNN —Until recently, the Venice Architecture Biennale — arguably the world’s largest architecture exhibition — has drawn crowds for its (mainly Western) star appeal. In a May 20 Facebook post titled “Venice Biennale Blues,” Zaha Hadid Architects’ principal, Patrik Schumacher, wrote that “the ‘Architecture’ Biennale is mislabeled and should stop laying claim to the title of architecture. The German pavilion, which is displaying construction waste produced by 2022’s Venice Art Biennale is a case in point. The German Pavilion at the 18th Architecture Biennale is displaying and repurposing constuction waste from the city's Art Biennale last year. The British Pavilion curators Meneesha Kellay, Joseph Henry, Jayden Ali and Sumitra Upham, with commissioner Sevra Davis, photographed in London.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe co-founder of Europe's first Black VC Fund on how he transformed his life, and his plan to help Black founders "build the impossible"Black Seed's Karl Lokko, the co-founder and chairman of Europe's first Black-led for Black-founders venture capital fund, says he's on a mission to find South London's next Black unicorn. The UK native opens up to CNBC in a candid conversation about his transformational journey from gang leader to climbing Mont Blanc with Sir Richard Branson, how mastering the art of 'code-switching' led to access within the tapestry of London society, and why Brixton could become the "Black Silicon Valley."
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