A Chicago VC firm that’s investing in Black and Latino founders has made its first investment in a local startup.

Capitalize VC, a new fund that launched last year by Tessa Flippin, announced it has backed Kribi Coffee, a coffee company based in Forest Park. 

Kribi is a Black-owned coffee company focused on sustainably and ethically sourced coffee, primarily from Africa. Along with the company’s brick-and-mortar location, it also sells in retail as well as direct to consumer. 

Founded in 2019…

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