Bitwise Industries raised $80 million in fund led by existing investors Kapor Center and Motley Fool

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Tech service provider that trains workers in underrepresented communities, Bitwise Industries raised $80 million in fund led by existing investors Kapor Center and Motley Fool.

Bitwise invests in tech real estate, runs apprentice programs for underserved communities, and sells managed tech services to government and large corporations. It has opened training centers in ten cities across the United States, including Toledo, Ohio, and Bakersfield, California, with plans to expand to Chicago’s South Side later this year. The company claimed to have supported the training of over 10,000 people, with 80% of them landing technical jobs. According to the company, half of its apprentices are female, and about 20% are Black.

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Bitwise Industries raised $80 million in fund led by existing investors Kapor Center and Motley Fool

Tech service provider that trains workers in underrepresented communities, Bitwise Industries raised $80 million in fund led by existing investors Kapor Center and Motley Fool.

Bitwise invests in tech real estate, runs apprentice programs for underserved communities, and sells managed tech services to government and large corporations. It has opened training centers in ten cities across the United States, including Toledo, Ohio, and Bakersfield, California, with plans to expand to Chicago’s South Side later this year. The company claimed to have supported the training of over 10,000 people, with 80% of them landing technical jobs. According to the company, half of its apprentices are female, and about 20% are Black.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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