Black Seed
Seed fund backing UK tech start-ups with at least one Black co-founder.
- Venture capital
- London
- Type
- Venture capital
- Based in
- London
- Stages
- Pre-seed, Seed
- Sector focus
- Sector-agnostic
- Cheque size
- €100k–€1.5M
- Fund size
- Undisclosed
- Founded
- 2021
- Website
- blackseedvc.co.uk
Black Seed is a Brixton-based seed fund set up in 2021 by Karl Lokko, Cyril Lutterodt and Yvonne Nagawa to address the funding gap for Black entrepreneurs in the UK. It is sector-agnostic, backing British tech and tech-enabled businesses where at least one co-founder identifies as Black, and writes cheques of roughly £100k to £400k.
Its LPs include M&G Catalyst as anchor, alongside Atomico, LocalGlobe, Molten Ventures and WestRiver Group. Beyond capital, it runs a founder community with mentoring, pro-bono support, workshops and grant programmes delivered with corporate partners.
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