Black-owned AI analytics platform AI Squared has announced a $13.8 million Series A funding round led by Ansa Capital with participation from Latimer Ventures, NEA and Ridgeline. AI Squared As investments in AI increase, data science teams in businesses and governments are looking to implement AI models that can utilize more value from their data to improve decision-making. AI Squared, founded in 2019 by Benjamin Harvey, PhD, helps organizations deliver data and AI insights into their business applications. The company estimates that up to 90% of AI models enterprises develop do not make it
Latimer Ventures has announced plans for a mini-accelerator, Latimer House, for Black and Latinx founders to strengthen businesses, attract investment, and build a network. In honor of Lewis Latimer, Luke Cooper founded Latimer Ventures in 2022. The venture capital firm is focused on helping the next generation of Black and Hispanic enterprise SaaS unicorns. Latimer House Latimer House is an 8-week intensive program for Black and Latinx founders, aiming to help them get to their next growth stage, whether that’s funding or their first enterprise customer. The program also aims to help founders gain
Black tech entrepreneur Luke Cooper aims to raise $50 million by November for his Baltimore-based venture capital firm, Latimer Ventures. Latimer Ventures Latimer Ventures, named in honor of Lewis Latimer, an African American inventor born to fugitive slaves, is a venture capital firm focused on helping the next generation of Black and Hispanic enterprise SaaS unicorns. They source the best seed deals from diverse managers and connect them with tech startups. Cooper founded Latimer Ventures in 2022 to address the lack of capital available to entrepreneurs of color. He plans to
