Story perspectives

Black Founders Matter Fund Boosts Entrepreneurship with $10M Raise

7/22/2025

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Summary

Story summary

Himalaya Rao-Potlapally heads the Black Founders Matter Fund, dedicated to supporting Black entrepreneurship since 2019.
The fund gained momentum after George Floyd's murder, investing in impactful businesses like A Kids Company About.
Fund I successfully raised $10 million, backing profitable companies such as Saysh, co-founded by Allyson Felix.
Fund II focuses on fostering sustainable growth and local ownership for Black founders through varied financing strategies.

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Story summary

Himalaya Rao-Potlapally heads the Black Founders Matter Fund, dedicated to supporting Black entrepreneurship since 2019.
The fund gained momentum after George Floyd's murder, investing in impactful businesses like A Kids Company About.
Fund I successfully raised $10 million, backing profitable companies such as Saysh, co-founded by Allyson Felix.
Fund II focuses on fostering sustainable growth and local ownership for Black founders through varied financing strategies.