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