The NAACP has launched NAACP Capital, a $200 million fund of funds aimed at transforming the venture capital landscape and addressing systemic barriers faced by communities of color. Announced at a recent summit in New York City, the initiative collaborates with Kapor Capital and a team of venture fund managers to invest in startups and fund managers focusing on education, healthcare, and financial access. Led by Jay Lundy, the fund emphasizes inclusive innovation in technology and aims to create equitable opportunities within the venture ecosystem, ultimately contributing to a more inclusive economy.