These UK Black Founders To Showcase At The Tech Trade Delegation In New York

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On February 22nd – 24th, 2022, twelve black tech entrepreneurs were chosen to participate in the UK Black Tech Founders Mission.

Partnered with the British Consulate-General in New York, British Airways will fly all the participants from the UK to New York roundtrip.

The delegates will engage with over 100 US-based venture capitalists through networking events, meetings, and a capstone pitch night.

PARTICIPANTS INCLUDE:

“I am delighted to welcome this impressive group of Black founders to New York, who represent some of the most innovative emerging tech firms in the UK. According to some research, in 2019, just 2.9 percent of deals that UK VCs made had Black founders, and we must take concrete steps to reduce this disparity. Achieving more equal racial representation in the workplace is a top policy priority for the UK Government, and I am very pleased that this annual trade mission is making great strides in tackling this crucial challenge. We are determined to keep closing the gap.”

Emma Wade-Smith, Her Majesty’s Trade Commissioner for North America and HM Consul-General in New York

Cornerstone Partners, an angel network providing curated investment opportunities into pre-seed and seed stage businesses across the UK led by black and diverse founders uncovered in a recent research study that UK founders who successfully raised VC funding in 2019, that only 2.9% of founders identified as Black.

“Despite the statistics, the selected cohort has collectively raised over $43 million USD, with AudioMob, an audio ad provider for mobile gaming, raising a notable $14million Series A in November 2021. The firms selected for this Mission are well-positioned to expand into US markets. From Syrona Health, who have designed an app aimed at engaging and supporting all women in terms of gynecological health, to Definely, which is demystifying the art of drafting, reviewing, and understanding legal documents, the featured innovations in this mission are as diverse as the founders who created them.”

FOR THE AGENDA & ADDITIONAL INFORMATION: HERE

Contact Information:

British Consulate-General in New York
Toby.Usnik@fcdo.gov.uk 
British Airways Press Office
Press.office@ba.com 

SOURCE BRITISH CONSULATE-GENERAL

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