Black Owned VC Firm in London Is Raising £100 Million to Invest in Black Founders

Recent reports have found that less than 1% of venture capital is invested in Black businesses in the US and the number for the UK is no better.

London based, Impact X Capital Partners is a Black owned venture capital firm that is raising £100 Million ($131 million) to support underrepresented entrepreneurs within the entertainment, media, tech, health, and digital industries.

We spoke with Ezechi Britton. Founding Member, Principal & CTO in Residence at Impact X Capital about several topics including:

• The need for diversity in the tech industry
• The importance of investing in Black founders
• How entrepreneurs can position themselves to be attractive to investors

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Tony O. Lawson

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