Resilient Venture – Durman VC Event Backs Entrepreneurs

By Nicholas Say Nicholas Say has been verified by Muck Rack's editorial team
Published on June 29, 2021

According to Resilient Venture, an event was created especially for African-American entrepreneurs, a new way of connecting is happening.

In an email announcement, Resilient Venture called it “Tailwinds” and noted that “we talked before about putting a Tailwind behind African American entrepreneurs and this is what we would like to offer to you.”

Founded in December 2018, the Durman-based investment company Resilient Venture will organize the firm’s first syndication and demo day event on June 30. The Durman firm has invested in 8 companies and raised nearly $3.5 million from dozens of limited partners.

By expanding access to capital, networks, and opportunity to African-American entrepreneurs, the firm expects to be able to close the wealth gap. This is necessary. Without capital, there is no hope of development.

The official notice on its website said, “we are a committed capital fund dedicated to disrupting systemic economic injustice by expanding access to capital, networks, and opportunity to companies.”

The Feelings Company is a Winston-Salem-based B2B consumer product company that creates social and emotional learning (SEL) content. According to the description, the company sells its educational program and professional development to school districts, Head Start, and private daycares.

Gryppers is a Raleigh company that makes wearable technology, selling direct to consumers and businesses.

The agricultural technology company Elizabeth City-based IngateyGen is developing allergen-free peanuts. Recently, the company received a $1 million SBIR grant and is currently raising a $750,000 convertible note.

Patientory, an Atlanta-based company using blockchain technology applied to the personal health data segment.

Functional Fluidics is a Detroit-based diagnostics startup company.

The Atlanta-based beauty technology company MYAVANA uses AI technology and virtual consultations to provide personalized hair care guidance.

By Nicholas Say Nicholas Say has been verified by Muck Rack's editorial team

Nicholas Ross Say is a news desk editor at Grit Daily. An award-winning journalist, he covers the daily startup beat. He grew up in Ann Arbor, Michigan and has lived in South America and South East Asia. At present, Nicholas lives in Southern Vietnam where the Sun shines, and the noodles flow like wine. He's written for Blockonomi and Coin Journal, among others.

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