Research firm Creative Investment Research launched an impact investing vehicle calling on the Federal Reserve to create a funding facility to reduce Black maternal mortality.
- Almost $35 million in venture capital funding has gone to Black women-founded maternal health startups, but the number is negligible compared to investment in overall healthcare technology.
- Maternal healthcare startups like Wolomi, which do not have VC backing, are underfunded but still leading the charge to improve the pregnancy journey for Black and brown birthing people.