Obatala Sciences™ investment from Elevate Capital featured in WSJ

Obatala recently closed an investment from Elevate Capital, a Venture Capital fund based in Portland, Oregon. Yuliya Chernova of the Wall Street Journal covered the firm's announcement of a $26.0 million first close of the Elevate Fund II to enhance its efforts to support underserved minority and women entrepreneurs with early-stage funding. With Fund II now officially launched, Elevate has already lined up six investments, all of which are led by Black founders and CXOs. More information on the fund can be found on their website.