Local Black-Led Tech Startups Get Funding Boost from Google

  Two Black-led startups in the community recently received encouraging news.

The founders of Eventnoire, an event management platform, and Buoy Pricing, a revenue management tool for the vacation rental industry, each received $100,000 from the Google for Startups Black Founders Fund. The funds are given to promising Black tech ventures that have historically had difficulty accessing capital.

According to Crunchbase, U.S. companies raised nearly $150 billion in venture capital in 2020, but Black startup founders received less than 1% of that total.

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