Canada’s BRK Capital announced Monday that its Fund II has closed $20 million CAD (around $14.5 million USD), bringing it closer to its $50 million CAD target.
This fund is looking to back “high-growth technology companies led by founders from the Black community, building solutions for the future of work, living, and global connectivity,” managing partner Lise Birikundavyi told TechCrunch. The firm is mainly looking at Canada, though is open to backing select companies globally. The average check size will be between $250,000 to $1.5 million, she said.
