Google for Startups Black Founders Fund - aVenture Asset Manager Research
Location
Irvine, CA, US
Founded
2020
Google for Startups Black Founders Fund, based in Mountain View, California, focuses on empowering Black-led startups across Africa, Brazil, Europe, and the United States. The fund provides cash awards and hands-on support to help these startups build and grow their businesses. Typical investments are non-equity assistance rounds of $150,000 each, aimed at fostering financial access, community strengthening, and generational change.
Notable portfolio companies include Accountstory, Buzzbassador, co:census, CyDeploy, EdLight, Edlyft, and Innovare, each receiving $150,000. The fund's investment philosophy centers on providing financial resources and strategic support to underrepresented founders. Key decision-makers leverage Google's extensive network and resources to offer unique value-add services such as mentorship, networking opportunities, and access to Google's vast technological ecosystem.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies23
Current Portfolio Count23
Top Investment Stages
Angel5 (100.0%)
Stage Mix
Angel 100%
Concentration shown as share of disclosed investments by stage.
