Black Tech Nation Ventures (BTN.vc) has recently received new funding to further champion Black tech entrepreneurs. As previously reported by AfroTech, the VC fund’s mission is to invest in Black and diverse-led startups across the nation. To continue doing just that, F.N.B Corporation is making a $2.5 million equity commitment to BTN.vc, according to The Business Journal. “We are happy to be in partnership with FNB and appreciate their commitment to support Black Tech Nation Ventures’ mission to democratize access to VC capital and generate wealth for marginalized communities,” founding partner of BTN.vc Kelauni Jasmyn said, according to the outlet. As aforementioned by Jasmyn, the corporation’s funding “advances the company’s efforts to encourage growth in low– to moderate-income and marginalized communities.” “Black Tech Nation Ventures has a proven leadership team and a mission that aligns with our own focus on providing resources for diverse communities,” said Vincent J. Delie...
May 18, 2022
Navigating the tech space as a Black entrepreneur requires a certain level of perseverance to ultimately see their innovative ideas turn into reality. It’s this relentless determination that took Kelauni Jasmyn’s paper napkin idea to recently closing in on $25 million for her national technology venture fund — Black Tech Nation Ventures (BTN.vc) — in under a year.
Dec 13, 2021