New $100 Million Fund To Assist Early Stage Black Founders Being Launched By Clearbanc
New $100 Million Fund To Assist Early Stage Black Founders Being Launched By Clearbanc Xiomara Rosa-Tedla, founder and co-owner of UnoEth A new $100 million angel fund is being launched for Black Americans and other early-stage founders as an alternative way to secure financing. Clearbanc, which calls itself the world’s largest e-commerce investor, announced it will offer the funding through a new fund called ClearAngel. Targeting entrepreneurs with strong growth potential, the firm uses AI (artificial intelligence) to determine funding terms and a revenue-share repayment option among way...
Source: blackenterprise.com