Fund vehicle

Black Innovation Fund II (BKR Fund II)

Compiled from public sources

Black Innovation Fund II is a venture capital vehicle established to invest in high-growth, Black-led technology companies. The fund primarily targets early-stage opportunities, specifically pre-seed, seed, and select Series A rounds, with a focus on software-driven solutions in sectors such as fintech, cybersecurity, artificial intelligence, and enterprise software. While the fund is headquartered in Toronto and maintains a strong Canadian focus, it is designed to back "globally competitive" founders whose companies often expand into international markets, including the United States, Europe, Africa, and Asia. The fund is aiming to raise CAD 50 million and raised CAD 20 million at the first close.

Manager

BKR Capital

Vintage

2026

Strategy

Venture Capital

Target size

$36.4m

Size

$14.5m

Status

Active