VC firm
Black Star Fund
Also known as Black Star Actively Black SPV, Black Star Actively Black SPV LLC, Black Star Ceek SPV, Black Star Ceek SPV LLC, Black Star Fund I LLC, Black Star Fund II LP, Black Star Partake SPV, Black Star Partake SPV LLC
- Investor type
- VC
- Investing status
- Activeas of 2026-09-22Source (opens in a new tab)
- Headquarters
- SACRAMENTO, CA, United States
- Assets under management
- $12MStated by firm, as of 2026-09-22Source (opens in a new tab)
- Latest fund size
- $1.5MSEC amount sold, vintage 2022
- Funds
- 5
- Legal name
- Black Star Fund
Record updated 29 September 2026
About
Black Star Fund is a Black-led venture capital firm that invests primarily in Black founders. We invest in the innovators – those who see new enterprise as the gateway to a world that is more abundant, balanced, and productive.
Investment approach
- Thesis
- Best-in-class Black-led high-growth companies represent a new asset class that produces outsized returns. These founders and their companies that have been historically overlooked, undervalued, and undercapitalized represent a watershed investment opportunity.Source (opens in a new tab)
- Eligibility
- Black Star Fund is a Black-led venture capital firm that invests primarily in Black founders.
- Investing status notes
- Black Star Fund II– will invest in new companies; fundraising in progress
Funds
- Black Star Partake SPV LLC
- $1.5MVintage 2022, Main fund, SEC amount sold
- Black Star Fund II LP
- Vintage 2022Main fund
- Black Star Actively Black SPV LLC
- $1.3MVintage 2021, Main fund, SEC amount sold
- Black Star Ceek SPV LLC
- $1.4MVintage 2020, Main fund, SEC amount sold
- Black Star Fund I LLC
- Vintage 2019Main fund
SEC registration
- SEC CIK
- 1774195, 1842505, 1911473