Jewel Burks Solomon’s Collab Capital has closed a new $75M fund

Black-Owned VC Firm Collab Capital Raises $75M To Fund The Future

By Kimberly Wilson ·Updated June 12, 2025 Raising $75 million as a Black-owned venture capital fund is no small feat. Yesterday, Collab Capital announced they closed their second fund with exactly that amount, bringing their total assets under management to $125 million. For context, Black fund managers receive less than 1% of total venture capital allocated annually, making this milestone particularly significant.“Fund I showed us what’s possib…

Jewel Burks Solomon’s Collab Capital has closed a new $75M fund

Collab Capital announced today the close of a $75 million Fund II.  Jewel Burks Solomon, who rose to prominence in Silicon Valley during her years

Armed With a New $75M Fund, Collab Capital Looks to Back Founders Solving Real-World Problems - Hypepotamus

Fund II will focus on Seed and Series A investments into founders that are “best equipped to solve real-world, consequential problems through unique market expertise and lived experience,” according to a press release. Collab will deploy $1 to $1 million into 30 companies over the next five years, with 40% of the fund reserved for follow-on investments.

Black-Owned Venture Capital Firm Collab Capital Closes Its New $75M Fund

Collab Capital announces the close of a $75 million Fund II, bringing the firm's total assets under management to $125 million.

Collab Capital, Co-Founded By Jewel Burks Solomon And Barry Givens, Announces The Close Of A $75M Fund II