Business & entrepreneurship
Your booklet calls this “Tech & Business”
Black Seed, Brixton Village
Around 40 people
Access to capital, and how Black Seed is building a Black tech ecosystem in Brixton.
More about this session
Who’s hosting
Black Seed VC is a Brixton-based venture firm, started in 2021 by Karl Lokko and Cyril Lutterodt with Yvonne Nagawa, and the first Black-led venture fund in Europe set up specifically to invest in Black founders. It closed the first £5m of a £10m fund in 2023, backed by M&G, Atomico, LocalGlobe, Molten Ventures and WestRiver Group, and invests in early-stage tech companies run by Black British founders. The reason it exists is one number: over the past decade, 0.24% of UK venture capital went to Black founders. Black Seed describes itself as a fund and a community — it runs events for Black founders and gives its portfolio companies office space. Karl Lokko is its chairman.
A few doors away in Market Row is Impact Brixton — Europe’s first Black-owned coworking space and the home of many of the founders Black Seed meets first.
What the conversation is
- How Black Seed raised a fund as first-time Black fund managers, and what its first investments have taught it
- “Over-mentored and underfunded” — what Black founders in Brixton run into, and what Black Seed does about it
- How visiting founders and investors can plug in: introductions to Black Seed’s community, and staying in touch after Black Tech Fest
Who it’s for
Founders, investors, corporates with innovation or supplier-diversity remits, the city’s economic-affairs team, and the ROC students.