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Kelauni Jasmyn, general partner at the new Black Tech Nation Ventures, can explain her aims for the new firm quite succinctly: “The goal is to get more Black people funded.”

That’s something Jasmyn has been working on already with Black Tech Nation, a Pittsburgh-based organization that supports Black entrepreneurs with education, content, community and more. Now she’s tackling the funding size of the equation more directly by raising a $50 million first fund with her fellow GPs Sean Sebastian and David Motley.

“We’re really at the beginning of something brand new, that I think will be historic and offer a literal economic shift for the Black community in building generational wealth,” Jasmyn said. “We get to be the ones who mold the foundation of that.”

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