Hello everyone, startups in Europe by black founders is on the rise thanks to initiatives like the one by Google where they are funding up and basically mentoring black-owned startups in Europe.
It’s not an easy task to have a successful black-owned company, let a lone one based in Europe, from the systematic racism to the lack of funding, I just hope these startups actually get a chance to launch before they are bought out by a bigger firm/company. I really want to see these companies grow into something past their initial stage while the same black founders remain on board. With that said, you should check out some black-led Venture Capital firms that can fund your business.
What are startups?
- Startups are companies or ventures in their initial stages of business. They are usually focused around a single product or service that the founders want to bring to market. Startups can use seed capital to invest in research and to develop their business plans. Until the business gets off the ground, a startup is often financed by its founders. The common funding sources for startups include family and friends, venture capitalists, crowdfunding and loans.
We will continually update this list each month. If you’d like to suggest a black-owned European startup, please send it to [email protected]
List of black-led Startups in Europe
Afrocenchix is a black-owned hair business that formulates, manufactures, and sells safe, effective products for afro and curly hair.
AudioMob is black-owned advertising company that provides non-intrusive audio ads within mobile games. AudioMob was founded on the core principle that there is a better way to monetise games by allowing advertisers to reach their consumers without interrupting gameplay using audio ads.
HomeHero is a black-owned company that created an operating system for the house, making running a home simple and easy.
Heex is a black-owned company that provides AI-powered software and web services to development teams in data-intensive fields such as autonomous driving.
Kwara is a black-owned company that makes building wealth together frictionless, by turning analog credit unions in emerging markets into modern digital banks.
Movemeback is a black-owned company that is often referred to as “the Linkedin of Africa”. It is a global social professional platform, connecting people to opportunities, insights, and people they don’t have access to.
Lalaland is a black-owned company that uses AI to create synthetic humans for fashion eCommerce brands to increase diversity in retail.
Scoodle is a black-owned platform for education influencers. Everyone has something they want to learn and something they can teach, Scoodle brings both sides together.
This is just a small list of some of the many black-led startups in Europe,, we will be adding many more on this post, so make sure you to bookmark it.