BLACK-OWNED TECH STARTUP IN LOS ANGELES RAISES $225 MILLION, THE LARGEST INVESTMENT EVER FOR A TECH STARTUP LED BY AFRICAN AMERICANS
Los Angeles, CA -- A new Black-owned startup is making history as they have now received the largest investment ever for an African American led technology startup in the nation.
Black Unicorn Factory is an African American Accelerator program that is about to take the US by storm with its game-changing accelerated growth strategy for small businesses. This enterprising new development program, now commonly referred to as an 'accelerator' has raised $225 million dollars in funding from investors.
This is historic because currently only 1% of all venture capital is invested in African American startups. Currently, there are over 500 unicorns in the world but not one is owned by an African American.
