Marceau Michel – Startup Investor Profile

General Info

Marceau Michel is the Founder and Managing Partner at Black Founders Matter, a $10-million venture fund focused on investing in Black founders. The fund looks for companies that are innovative in both products and operations across sectors like gaming, healthtech, and consumer products. Black Founders Matter has made about 10 investments so far, with half of the fund reserved for follow-on investments. They support diverse portfolio companies by introducing them to industry-specific leads for future fundraising rounds and act as a ‘connector fund’ to larger funds seeking diversity. The fund has invested in companies led by both men and women.
Location: Portland, Oregon
Country: HAI
Industries: Footwear and Apparel, Healthcare, Games and Entertainment
Investment Regions:
Investment Stages: pre-seed, seed

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🤖 AI Activity Report

Status: very-active

AI Reasoning: Search results show Black Founders Matter continued activity through mid-2025. Sources (AfroTech July 21, 2025; PeopleOfColorInTech July 23, 2025) state the fund finished deploying investments in 2025 and is planning a second fund; specific portfolio companies mentioned earlier include Memory (TechCrunch 2020) and ongoing investments culminating in 2025. The most recent noted investment activity occurred in 2025, which is within the last 6 months from the reference date, so classify as very-active.

Angel activity thresholds:
Low Activity – Only known angel investments more than 12 months ago.
Active – Known angel investments between the last 12 and 6 months.
Very Active – Known angel investments in the last 6 months.

Warm Intros from Portfolio Companies


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