Black Star Fund

Investor type

VC

Founded

2018

AUM

-

Location

Sacramento, California, United States

Investment Ticket

$0-1 m

Investment Stage

Series A Seed Pre-seed

Region of investment

Africa North America

ESG Focus

Impact investor People of color and other minorities
Investor profile last updated: 16 August, 2026

Profile

Black Star Fund is a Black-led venture capital firm based in Sacramento, California, founded in 2018 by Kwame Anku, who serves as the Managing Partner and Chief Investment Officer. The firm is notable for its focus on investing in Black founders, with a commitment to gender parity and a portfolio that reflects this ethos. Black Star Fund is one of the few venture funds in the United States that is Black-led with an all-Black portfolio of founders.

The firm primarily invests in early-stage companies across sectors such as Technology, Consumer Goods, Media & Entertainment, and others. With assets under management totaling $12 million, Black Star Fund typically writes checks ranging from $50,000 to $1 million. The firm focuses on investments in the USA and Africa, supporting under-represented founders and aiming to build Black unicorns.

Notable investments by Black Star Fund include Partake Foods - food products, Acclinate - healthcare technology, Reviver - electronic equipment, Resilia - business software, and Actively Black - clothing. The firm has a track record of successful exits, including companies like Win-Win and Mixtroz.

Industry

Consumer Products Media and Entertainment Technology Food and Beverage Healthcare Services Software

Contacts

Name
Title
Email
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Kwame Anku Managing Partner & CIO
Managing Partner & CIO
k•••@•••
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Temi Olonilua Summer Associate
Summer Associate
t•••@•••
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Investment-team contacts for Black Star Fund — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Black Star Fund

Black Star Fund is a venture capital firm. It backs companies at Series A, Seed and Pre-seed, writing tickets of $0-1 m.
Black Star Fund is located in Sacramento, California, United States.
Black Star Fund was founded in 2018.
Black Star Fund invests in companies and startups in Consumer Products, Media and Entertainment, Technology, Food and Beverage, Healthcare Services, Software.
Black Star Fund invests in companies and startups in Africa, North America.
Black Star Fund invests in companies and startups at Series A, Seed, Pre-seed.
Black Star Fund usually invests $0-1 m on average.
Black Star Fund invests and supports People of color and other minorities startups and founders.
Yes, Black Star Fund is impact investor.
Black Star Fund can be reached through its website blackstar.fund and its LinkedIn page. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Black Star Fund — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Black Star Fund directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.