Apple (AAPL.O) announced Wednesday that it will invest $25 million in three minority-owned enterprise funds.
The internet behemoth gave $50 million to varied startups through Collab Capital, Harlem Capital, and VamosVentures.
This statement comes more than two years after the Cupertino, California-based corporation began investing in minority-owned startups.
After the 2020 murder of George Floyd sparked a global conversation about racism, corporate America pledged to promote racial justice projects.