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Black Innovation Alliance, Village Capital team up to support founders of color

TechCrunch

Resource aims to give local accelerators and incubators support in the form of training and community. Resource’s “ESO Accelerator” will train startup ecosystem leaders on how to build a more financially sustainable organization, as well as help connect them to potential funders.

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Holberton raises $20M as it pivots to become an edtech SaaS company

TechCrunch

Today’s announcement comes after a messy 2020 for Holberton, and not only because the pandemic put a stop to in-person learning. Indeed, it doubled the number of schools in its system from nine to 18 in 2020. But on December 17, 2020, Holberton voluntarily surrendered its operating license in California.

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Venus Aerospace’s Hypersonic Global Transport Receives Airbus Ventures Funding

American Entrepreneurship

The convergence of technology, talent and funding now makes the vision of one-hour hypersonic global transport within reach—so say the co-founders of Venus Aerospace and its most recent funder Airbus Ventures. They assembled a team of top industry talent to develop and build cost-effective one-hour global transport.

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12 ‘flexible VCs’ who operate where equity meets revenue share

TechCrunch

Chattanooga, TN-based Capacity Capital was launched in 2020 with a primary focus on the southeastern U.S. Jonathan Bragdon , its CEO, describes Capacity as “a team of founders-turned-funders making non-dilutive, founder-aligned investments of $50,000-$300,000 in post-startup, post-revenue businesses planning to 2x revenues in 12-24 months.

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Grantee Perception Report: What We Heard and How We Plan to do Better

Surdna Foundation

As a racial justice funder, we also know that shifting power and building equity, mutual accountability, and authentic, trusting relationships are vital to our grantmaking. In late 2020, the CEP asked approximately 300 Surdna and Andrus Family Fund grantee organizations to participate in an independent, confidential survey.

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

Additional investors in the newest seed round and expanded credit facility include Village Global VC, Flexport Ventures, Tresalia Capital, 342 Capital, Struck Capital, Antler LLC, Antler Elevate, Florida Funders and Fox Ventures. Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs.

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Presbyterian Health Foundation awards $4.6 million in new research grants

Innovation 2 Enterprise

OKLAHOMA CITY, July 20, 2020: The Presbyterian Health Foundation has awarded nearly $4.6 A major funder of research programs at the Oklahoma Health Center, PHF has awarded more than $25 million to support biomedical research in Oklahoma since 2014. Contact: April Stuart. 405) 319-8260. astuart@phfokc.com. FOR IMMEDIATE RELEASE.

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