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Startups · 5h ago

Black Founders Face Series A Gap Despite AI Funding Surge

By Meridian48 News Desk · Summarised from Crunchbase News ·

Black-founded startups raised $643M by late May 2026, the strongest quarter since mid-2022, but gains are driven by a few large deals. Co-founders of Black Operator Ventures highlight the persistent Series A gap as a key challenge. Closing this gap is critical for equitable AI-era entrepreneurship.

Meridian48 take
The headline numbers mask a fragile recovery; without systemic fixes to Series A access, the AI boom risks widening racial disparities in tech funding.
Read the full reporting
Closing The Series A Gap Is The Next Great Opportunity For Black Founders In The AI Era →
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