Northwestern Mutual is a lead investor in a $13 million venture capital fund for Black digital entrepreneurs.
After raising a $13 million seed fund headed by Bank of America and Milwaukee-based Northwestern Mutual, Black Ops Enterprises will invest in Black-driven technology ventures across the United States and Canada.
According to managing partner Heather Hiles, the Miami-based venture capital firm will address the funding gaps that exist among Black-led firms advancing from seed fundraising to series A capital rounds.
Originally published by https://www.bizjournals.com/milwaukee/inno/stories/fundings/2021/12/14/black-ops-ventures-closes-fund-black-tech-founders.html