Profile

    Corporate information


    Registration country
    Investment activity status
    Active investor

    Company type

    Fund which provides cash awards, without giving up equity in return, and hands-on support to help Black entrepreneurs build and grow their businesses.

    Fund terms

    Fund manager
    Vintage
    2020
    Fund type


    Overview

    Established in 2020, the Google for Startups Black Founders Fund has awarded more than $30 million to help Black-led startups in Africa, Brazil, Europe, and the United States secure funding, strengthen communities, and create generational change. In addition to equity-free cash awards, Black Founders Fund recipients receive ongoing Google mentorship, Google Cloud credits, and product support to help them navigate every stage of their startup journey.

    Funding rounds

    Fund Closing USD 30,000,000


    USD 30,000,000 (2020) Change in valuation: unchanged

    Selected investments

    Country Date Notes
    Moniepoint MFB Ltd
    Provider of an all-in-one payments, banking and operations platform for businesses and their customers.
    Nigeria 29 Oct 2024 Series C
    Initial investment. Round participant. Active

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