The Black Star Fund is an early stage innovation fund investing in the United States and Africa. Prior to the Black Star Fund, Kwame Anku was the Principal of the Black Angel Tech Fund, a pioneering investment fund he co-founded that focused on capitalizing Black technology entrepreneurs. Recently named “One of the Top 25 Black Venture Capitalists to Watch in 2018” by Pitchbook, Anku has worked extensively in business development and media marketing blending entrepreneurship, social impact, and corporate engagement for over two decades. Anku entered into the tech industry after being personally recruited by the late legendary rock star Prince to develop his mobile app. He later went on to serve as the National Director of Strategic Development for the Prince-inspired #YesWeCode initiative, supporting youth of color empowerment through the creation of technology. Kwame has appeared on CNN, MSNBC, BBC Worldwide, SiriusXM, and National Public Radio and is a mentor for both the AT&T Aspire Accelerator and Founder Institute Sacramento.
The problem I am focusing on solving is breaking the economic disparity cycle afflicting people of the African diaspora. I call my bold vision 100X100. It is a vision of 100 Black investment managers who will each manage $100M innovation funds by 2025. I believe we can use technology (investment, creation, and deployment) to radically shift the disparities seen in wealth, health, education, and opportunities on a global scale.