Milwaukee’s Jet Constellations launches $50M fund to invest in tech companies owned by Blacks, other minorities

Through its social impact arm The Milky Way Tech Hub, Milwaukee-based software company Jet Constellations is launching a $50 million fund for investing in tech companies founded by Blacks and other underrepresented demographics. The fund is being launched in partnership with IP Zone Co., a New York-based information technology and services company formed out of American Express.

Coalition leader Kathy Henrich is growing Milwaukee’s tech community

The adoption of digital technology across Milwaukee’s business community was greatly accelerated in 2020 due to people working remotely and virtually as a result of the Covid-19 pandemic. The adjustments made within weeks, and even days, for some local companies demonstrated the importance of advanced technology. It also demonstrated the mission of the Milwaukee Tech Hub Coalition, an area nonprofit created to strengthen Milwaukee’s tech industry.

Proudly powered by WordPress | Theme: william by williamcowan.