When inflation and interest rates rose last year, VC funding dropped by 36%, however, African American founders saw a 45% drop in investments.
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In the wake of George Floyd’s murder and the summer of racial reckoning in 2020, North Carolina’s tech industry promised to do better when it came to diversity and inclusion. But recent data and interviews with experts suggest efforts to diversify the famously white male-dominated industry are struggling.
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On the heels of expanding its Raleigh offices, WalkMe secures $40 million in new funding. Raleigh office is expected to grow further.
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Venture investing is surging for women-led startups across the United States – but not in North Carolina, according to a review of new funding data.
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Prescient, a developer and manufacturer of building technology and software, continues to raise new capital.
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Seal the Seasons raised new cash from 13 investors, according to a securities filing.
Read MoreThe Charlotte Venture Challenge kicks off its 17th consecutive year on Tuesday at the Center City Campus of the University of North Carolina at Charlotte with an entirely new format. Here’s a preview.
Read MoreNorth Carolina-based companies raised a total of $956.3 million in venture capital investments in 2017, a 35 percent increase over 2016’s $706 million. And more firms outside the Triangle are raising cash.
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