Thursday, March 25, 2021

R/GA Launches Coalition Venture Studio

R/GA, the firm that was behind the Dodgers Accelerator, has launched a new startup venture studio aimed at helping Black-led and Black-owned startups, the firm said on Thursday. R/GA said the new Coalition Venture Studio will support Black founders with expertise, resources, funding, connections, and education. The effort is being supported by the Dodgers and Elysian Park, as well as Andreessen Horowitz's TxO Initiative, Harlem Capital, Collab Capital, Ohub, Mac Venture Capital and Gingerbread Capital. Details on the amount of investment in Coalition Venture Studio were not announced.

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