Capital B, written for and by Black people, has launched as a nonprofit newsroom with a national hub and one local newsroom in Atlanta.
Co-founders Akoto Ofori-Atta and Lauren Williams left their jobs at The Trace and Vox, respectively, to focus on launching the new media outlet. They raised $9 for the project, including $95,000 from 550 small donors.
Capital B aims to publish investigative journalism alongside practical information. The newsroom has also made a couple of new hires.
Plans are also underway to add another local newsroom before the end of the year and another two local newsrooms before the end of 2023.
Read more here.