Posts in Tag

Techrise

According to data from Crunchbase, just under 3% of venture capital funding in 2020 went to Black and Latino tech start-ups. That unequal playing field led to the creation of TechRise, a Chicago initiative to support and fund Black and Latino-owned tech companies. It was started by P33, a Chicago nonprofit supporting its city’s tech community. Through weekly pitch competitions, TechRise has awarded more than $900,000 to more than 40 Black and Latino-founded startups since launching in April 2021. In December, the organization held a finale event where some of the best of Chicago’s