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June 13, 2023

'We’re looking for the next Black unicorn' — London's Black Seed raises £5m fund

The fund was set up in 2021 to plug the big VC funding gap for Black entrepreneurs

British VC firm Black Seed has announced the first close of a target £10m fund, raising £5m to back Black founders in the UK at seed stage.

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Cyril Lutterodt and Karl Lokko, cofounders of Black Seed.
Cyril Lutterodt (left) and Karl Lokko
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Miriam Partington

Miriam Partington was a senior reporter at Sifted, based in Berlin. She covered the DACH region and the future of work, and wrote Startup Life , a weekly newsletter on what it takes to build a startup.

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