# Investors backing Black Founders (2026 list) > 304 investors backing Black Founders, 13% active in the last 12 months. Led by Neo, Abstract Ventures, Unpopular Ventures. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-backing-black-founders (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors backing Black Founders Updated 7 November 2026 Firms that say, in their own words, that they back black founders. What a firm says, not a count of what it funded. [See all 304 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-backing-black-founders)The top 25 **304** investors on the list No change this week **316** cheques in 12 months *-22%* against the market **$9.1M** median round they joined *+13%* against the market median **13%** wrote a cheque in 12 months **8%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (15) - 1 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen - 2 [Abstract Ventures](https://millionrounds.com/fund/abstract) *Deploying now* VC firm · United States **295** **$13M** median round **Nov 2026** last seen - 3 [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) *Deploying now* VC firm · United States **264** **$3M** median round **Sept 2026** last seen - 4 [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) *Deploying now* Accelerator · United States **231** **$2M** median round **Oct 2026** last seen - 5 [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) *Deploying now* VC firm · United States **173** **$8M** median round **Oct 2026** last seen - 6 [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) *Deploying now* VC firm · Sweden **152** **$20M** median round **Oct 2026** last seen - 7 [Base10 Partners](https://millionrounds.com/fund/base10-partners) *Deploying now* VC firm · United States **137** **$15M** median round **Oct 2026** last seen - 8 [Female Founders Fund](https://millionrounds.com/fund/female-founders-fund) *Deploying now* VC firm · United States **85** **$4.2M** median round **Oct 2026** last seen - 9 [Kevin Hartz](https://millionrounds.com/fund/a-star-co) *Deploying now* VC firm · United States **65** **$9M** median round **Oct 2026** last seen - 10 [24 Haymarket](https://millionrounds.com/fund/24haymarket) *Deploying now* Angel network · United Kingdom **45** **$3M** median round **Jul 2026** last seen - 11 [MK Capital](https://millionrounds.com/fund/mk-capital) quiet VC firm · United States **45** **$11M** median round **Dec 2019** last seen - 12 [Rethink Impact](https://millionrounds.com/fund/rethink-impact) *Deploying now* VC firm · United States **44** **$15M** median round **Oct 2026** last seen - 13 [ABS Ventures](https://millionrounds.com/fund/abs-ventures) quiet VC firm · United States **40** **$12M** median round **Nov 2012** last seen - 14 [Collab Capital](https://millionrounds.com/fund/collab) *Deploying now* VC firm · United States **37** **$2.6M** median round **Apr 2026** last seen - 15 [Slater Technology Fund](https://millionrounds.com/fund/slater-technology-fund) quiet Government · United States **34** **$2.1M** median round **Sept 2016** last seen - 16 [VanEck](https://millionrounds.com/fund/vaneck) *Deploying now* VC firm · United States **33** **$20M** median round **Aug 2026** last seen - 17 [Collide Capital](https://millionrounds.com/fund/collide-capital) *Deploying now* VC firm · United States **27** **$6.8M** median round **Oct 2026** last seen - 18 [Columbia Partners Private Capital](https://millionrounds.com/fund/columbia-partners-private-capital) quiet Fund of funds · United States **21** **$16M** median round **Jul 2015** last seen - 19 [Wexford Capital](https://millionrounds.com/fund/wexford-capital-lp) quiet Hedge fund · United States **18** **$21M** median round **Jan 2015** last seen - 20 [BBG Ventures](https://millionrounds.com/fund/bbg-ventures) *Deploying now* VC firm · United States **16** **$6.1M** median round **Sept 2026** last seen - 21 [Galia Gestion](https://millionrounds.com/fund/galia-gestion) quiet Private equity · France **16** **$6.7M** median round **May 2019** last seen - 22 [MergeLane](https://millionrounds.com/fund/mergelane) quiet Accelerator · United States **11** **$3.2M** median round **Apr 2019** last seen - 23 [Resonant Venture Partners](https://millionrounds.com/fund/resonant-venture-partners) quiet VC firm · United States **11** **$15M** median round **Mar 2017** last seen - 24 [Veddis](https://millionrounds.com/fund/veddis) quiet VC firm · United Kingdom **10** **$2M** median round **Oct 2015** last seen - 25 [The W Fund](https://millionrounds.com/fund/w-fund) quiet VC firm · United States **9** **$4.3M** median round **Apr 2023** last seen **279 more on this list** All 304 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-backing-black-founders) ## The Newest Cheques Rounds this list's investors joined most recently - **4** Nov **[Shackleton AI](https://millionrounds.com/company/shackleton-ai)** Seed · $5M *With* [Trust Ventures](https://millionrounds.com/fund/trust-ventures) - **4** Nov **[bit.bio](https://millionrounds.com/company/bit-bio)** Series D+ · $25M *With* [M&G Investments](https://millionrounds.com/fund/m-and-g-investments) - **3** Nov **[CareLumi](https://millionrounds.com/company/carelumi)** Pre-seed · $2.5M *With* [Fifth Star Funds](https://millionrounds.com/fund/fifth-star-funds) - **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [Abstract Ventures](https://millionrounds.com/fund/abstract) - **2** Nov **[Hey Cleo](https://millionrounds.com/company/hey-cleo)** Other · $72K *With* [Black Founders](https://millionrounds.com/fund/black-founders-network) - **2** Nov **[Tutor Intelligence](https://millionrounds.com/company/tutor-intelligence)** Series B · $75M *With* [Neo](https://millionrounds.com/fund/neo) ## Stages This Year 311 rounds - Seed **25%** - Series A **24%** - Venture **17%** - Series B **10%** - Pre-seed **6%** - Other **18%** ## What They Backed Sectors, last 12 months - AI **157** - Healthcare **23** - Fintech **22** - Big Data & Analytics **16** - Robotics **16** - Energy **12** ## Cheques by Quarter Led Joined 115 Q1 25 97 Q2 25 107 Q3 25 95 Q4 25 88 Q1 26 87 Q2 26 74 Q3 26 36 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Generalist Investors 2,290](https://millionrounds.com/lists/generalist-investors) - [Investors backing Women Founders 1,264](https://millionrounds.com/lists/investors-backing-women-founders) - [Investors backing Underrepresented Founders 1,217](https://millionrounds.com/lists/investors-backing-underrepresented-founders) - [Investors backing Immigrant Founders 500](https://millionrounds.com/lists/investors-backing-immigrant-founders) - [Investors backing Latinx Founders 453](https://millionrounds.com/lists/investors-backing-latinx-founders) - [Investors backing Disabled Founders 217](https://millionrounds.com/lists/investors-backing-disabled-founders) - [Investors backing Veteran Founders 71](https://millionrounds.com/lists/investors-backing-veterans-founders) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors backing Black Founders ### Who are the most active investors backing Black Founders? By cheques observed, the most active are Neo, Abstract Ventures, Unpopular Ventures, Berkeley SkyDeck and Hearst Ventures. ### How many investors backing Black Founders are there? 304 are on record. 13% made an investment in the last 12 months and 8% have led a round. ### Which stages do investors backing Black Founders back? Of the rounds with a named stage in the last 12 months, mostly Seed (33%) and Series A (31%). ### How big are the rounds investors backing Black Founders join? The typical (median) round among the leading investors here is $6.8M. ### Which sectors do investors backing Black Founders back most? In the last 12 months, mostly AI, Healthcare and Fintech. ### Which investors backing Black Founders lead the most rounds? EQT Ventures (20 led), Base10 Partners (17 led) and Collide Capital (5 led). ### Where are investors backing Black Founders based? Most of the leading investors here are based in the United States (21 of the top 25); the rest in the United Kingdom and Sweden. ### What have investors backing Black Founders invested in recently? Recent rounds include Shackleton AI (Seed, Nov 2026, with Trust Ventures), bit.bio (Series D+, Nov 2026, with M&G Investments) and CareLumi (Pre-seed, Nov 2026, with Fifth Star Funds). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)