Hawks Ventures is a mission-driven venture capital investment fund, focused on expanding upon the Atlanta Hawks core values of innovation and inclusivity. We focus on investing in early-stage startups, led by minority and underrepresented founders, that seek to impact the ways consumers experience a product or service. We look to invest in companies with high-growth potential that have big ideas, clear vision, and a plan for execution.
Hawks Ventures Makes First Investment Into Arena
Hawks Ventures today announced its first investment into ARENA Innovation Corp. (“ARENA”), a fitness technology startup that develops portable robotic strength training and rehabilitation devices. The company's debut product, the ARENA Platform, is a strength training device that generates up to 200 pounds of isoinertial resistance designed to deliver the Optimal Training Dose.
About Hawks Ventures
We are committed to direct-to-consumer and B2B2C startups that will look to transform an experience for the end user. We expect to bring more than just capital; we are passionate about supporting founders and are committed to leveraging our expertise in customer experience, our vast network and resources to help founders achieve their goals.
Why Minority Entrepreneurs? The Facts
. . . of venture capitalists said it was not a priority to invest in multicultural entrepreneurs, according to a survey of 200 venture capitalists published by Morgan Stanley in 2019.
. . . of venture dollars went to Black and Latinx founders in 2020 (Crunchbase, Aug 31, 2020).
. . . black businesses receive only 1.2% of all venture capital (Stanford University, Nov 2018).
. . . growth rate of Latino entrepreneurs is the fastest-growing group in the United States, yet Latino founders have received only 1% of venture capital (Stanford University Nov 2018, Crunchbase Aug 31, 2020).
The information contained herein is not an offer to sell, or a solicitation of an offer to buy, any securities and is qualified in its entirety by the more complete information, including risks of investment, provided by Hawks Ventures, in its sole discretion, to certain qualified investors who meet certain investor criteria. There is no assurance that we will achieve any of our investment objectives, and investment results may vary substantially over time.
Certain information contained herein is based on, or derived from, information provided by independent third-party sources. Hawks Ventures believes that such information is accurate and that the sources from which it has been obtained are reliable. Hawks Ventures cannot guarantee the accuracy of such information, however, and has not independently verified the assumptions on which such information is based. Hawks Ventures and its affiliates and employees do not assume any responsibility for the accuracy or completeness of such information.