Raising venture funding as a Black female founder is, to put it mildly, no small task: Less than 2% of all venture dollars go to women, and Black women get less than 0.5% of all venture funding.
But Julia Collins, a serial entrepreneur who cofounded Zume Pizza in 2015 and grew it into a $2 billion food brand before leaving in 2018, sees these numbers as noise. So as she set out to raise a Series A round of funding for her new company, carbon management platform Planet FWD , she focused instead on her business’ fundamentals and mission to help consumer brands reduce their carbon emissions.
“I almost try on a daily basis to completely forget the statistics. Because those statistics can paralyze you,” Collins says. “And as a founder, you have to be fearless. You have to charge forward.” Charge forward she did: On Thursday, Collins announced that Planet FWD has raised a $10 million Series A from Acre Venture Partners and Congruent Ventures, bringing her total funding to $16.8 million. Collins intends to use the fresh capital to further develop Planet FWD’s technology, which today draws upon emissions databases to calculate carbon emissions produced by consumer companies’ supply chains.
Under funded ? $40 Trillion is unfunded You created this problem, stop printing money... 2020 you printed money 247, $2 trillion or $4 Trillion !!! It's amazing how corrupt Forbes and World Forum is... Inflation is so Glorious 💸🤑💰🚀🛫✈️💸🤑💰💸🛫✈️
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