Find XO: Only 0.15% of Canadian VC Funds Went to Black Founders (techcrunch.com)

- Canadian BKR Capital, which invests in Black founders, raised 20 million Canadian dollars (CAD) in the first close of its second fund. - Their strategy is to find teams overlooked by existing investors to generate returns, so it is worth examining what kinds of founders each investor is looking for. - While the founders' background aligns with the fund's purpose creating connection points, it does not necessarily explain customer demand or growth trajectories.