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Black Management

VC firm, Kapor Capital, announced that it officially raised $125 million in a pre-seed funding round.  The new fund, the platform’s largest to date, has been backed by partners including Cambridge Associates, Align Impact, Ford Foundation, Bank of America, PayPal, and Twilio.  The new funding, which has been ongoing since last year, was raised by the company’s managing partners, Uriridiakoghene “Ulili” Onovakpuri and Brian Dixon, as part of Kapor Capital’s new leadership.  The Oakland-based venture capital firm founded in 2011 by Mitch Kapor and Freada Kapor has actively worked to bridge