BKR Capital Announces a $20M First Close for its $50M Fund II After Top-Quartile Performance of Debut Fund

Press release originally published at Newswire on March 23, 2026.

Toronto — March 23rd, 2026 — BKR Capital announces the $20M first close of its second venture capital fund, targeting $50 million to back the next generation of globally competitive Black-led technology companies. The first close includes commitments from leading institutional investors including the Royal Bank of Canada, Boann Social Impact Fund, Cap Finance Social Finance Fund, the Business Development Bank of Canada (BDC) and Export Development Canada (EDC). The announcement follows the strong performance of BKR Capital’s inaugural fund, which is currently tracking as a top-quartile performer for its vintage. Through Fund I, the firm invested in 15 technology companies, many of which have experienced strong revenue growth and have begun expanding internationally....

Read more details via the press release at Newswire >>

Team photo of BKR Capital, featuring from bottom left to right, Isaac Olowolafe (General Partner & Co-Founder), Ebenezer Arthur (Partner), Victor Sada (Principal), Lise Birikundavyi (Managing Partner & Co-Founder) and Rebecca Johnson (Director).