Northwestern Mutual a lead investor in $13M VC fund for Black tech founders

Northwestern Mutual a lead investor in $13M VC fund for Black tech founders

bizjournals

Published

Black Ops Ventures will invest in Black-led technology ventures across the U.S. and Canada after closing a $13 million seed fund led by Bank of America (NYSE: BAC) and Milwaukee-based Northwestern Mutual. The Miami-based venture capital firm will address the funding disparities that exist among Black-led startups moving from seed funding to series A capital rounds, managing partner Heather Hiles said. According to Northwestern Mutual, its investment in Black Ops Ventures came from the Milwaukee…

Full Article