A photograph of the Black Founders Fund recipients and Google for Startups team in South Africa. : In 2022, just 1% of all venture capital funding went to Black-founded companies. Since 2020, we’ve provided more than $45 million in cash funding to 547 Black founders via our Google for Startups Black Founders Fund in Africa, Brazil, Europe and the United States. Startup recipients have gone on to raise over $400 million in additional investment after being selected, and used the non-dilutive funds to create jobs and grow their revenue.